REGISTERED NUMBER: SC341887 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended

30 April 2015

for

Aberdeenphoto.com Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs S H Gordon

SECRETARY:

Mrs S H Gordon

REGISTERED OFFICE:

256 Wellington Road

Aberdeen

ABERDEENSHIRE

AB12 3DJ

REGISTERED NUMBER:

SC341887 (Scotland)

ACCOUNTANTS:

Michael Robb (Accountancy & Taxation Services) Ltd

Kirkton Cottage

Wellington Road

Aberdeen

AB12 3JB

FIXED ASSETS

Tangible assets

2

26,726

29,053

CURRENT ASSETS

Stocks

15,000

19,500

Debtors

17,088

12,620

Cash at bank

6,705

11,063

38,793

43,183

CREDITORS

Amounts falling due within one year

50,820

64,923

NET CURRENT LIABILITIES

(12,027

)

(21,740

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,699

7,313

CREDITORS

Amounts falling due after more than one year

-

(2,093

)

PROVISIONS FOR LIABILITIES

(5,345

)

-

NET ASSETS

9,354

5,220

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

9,344

5,210

SHAREHOLDERS' FUNDS

9,354

5,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 20 May 2016 and were signed by:

Mrs S H Gordon - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Equipment

-

25% on cost

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

143,121

Additions

4,564

Disposals

(19,373

)

At 30 April 2015

128,312

DEPRECIATION

At 1 May 2014

114,068

Charge for year

5,409

Eliminated on disposal

(17,891

)

At 30 April 2015

101,586

NET BOOK VALUE

At 30 April 2015

26,726

At 30 April 2014

29,053

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

10

Ordinary

£1

10

10

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2015 and 30 April 2014:

30.4.15

30.4.14

£

£

Mrs S H Gordon

Balance outstanding at start of year

(5,760

)

(5,760

)

Amounts advanced

11,272

-

Amounts repaid

-

-

Balance outstanding at end of year

5,512

(5,760

)