REGISTERED NUMBER: SC252236 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Contract Advisory Services

International Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T Mackay

SECRETARY:

T Mackay

REGISTERED OFFICE:

6 Fraser Avenue

Dornoch

IV25 3RS

REGISTERED NUMBER:

SC252236 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

560

865

CURRENT ASSETS

Debtors

5

70

70

Cash at bank

79,524

66,995

79,594

67,065

CREDITORS

Amounts falling due within one year

6

18,254

374

NET CURRENT ASSETS

61,340

66,691

TOTAL ASSETS LESS CURRENT LIABILITIES

61,900

67,556

PROVISIONS FOR LIABILITIES

106

-

NET ASSETS

61,794

67,556

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

61,790

67,552

61,794

67,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 19 December 2018 and were signed by:

T Mackay - Director

1.	STATUTORY INFORMATION

Contract Advisory Services International Ltd. is a private company, limited by shares , registered in Scotland.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Office

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 April 2017

2,228

8,973

11,201

Disposals

(904

)

(3,547

)

(4,451

)

At 31 March 2018

1,324

5,426

6,750

DEPRECIATION

At 1 April 2017

1,363

8,973

10,336

Charge for year

173

-

173

Eliminated on disposal

(772

)

(3,547

)

(4,319

)

At 31 March 2018

764

5,426

6,190

NET BOOK VALUE

At 31 March 2018

560

-

560

At 31 March 2017

865

-

865

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Other debtors

70

70

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Taxation and social security

5,956

-

Other creditors

12,298

374

18,254

374

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and

31 March 2017:

31.3.18

31.3.17

£

£

T Mackay

Balance outstanding at start of year

(10

)

(42

)

Amounts advanced

(1,076

)

32

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,086

)

(10

)

8.	RELATED PARTY DISCLOSURES

During the year, the company declared the following dividends:

£27,500 to Mr T C MacKay, a director of the company (2017: £14,000).

9.	ULTIMATE CONTROLLING PARTY

The controlling party is T Mackay.