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REGISTERED NUMBER: SC152775 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2017

FOR

AB SCAFF LIMITED

AB SCAFF LIMITED (REGISTERED NUMBER: SC152775)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AB SCAFF LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2017







DIRECTORS: M J McLeod
I K McLeod





SECRETARY: LC Secretaries Limited





REGISTERED OFFICE: 52-54 Rose Street
Aberdeen
AB10 1HA





REGISTERED NUMBER: SC152775 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
58 Queens Road
Aberdeen
Grampian
AB15 4YE

AB SCAFF LIMITED (REGISTERED NUMBER: SC152775)

BALANCE SHEET
31 AUGUST 2017

31.8.17 31.8.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 303,824 367,578
303,824 367,578

CURRENT ASSETS
Debtors 6 539,095 442,889
Cash at bank 402,505 433,208
941,600 876,097
CREDITORS
Amounts falling due within one year 7 372,726 356,208
NET CURRENT ASSETS 568,874 519,889
TOTAL ASSETS LESS CURRENT
LIABILITIES

872,698

887,467

CREDITORS
Amounts falling due after more than one
year

8

-

(13,388

)

PROVISIONS FOR LIABILITIES 9 (32,897 ) (36,779 )
NET ASSETS 839,801 837,300

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 839,799 837,298
SHAREHOLDERS' FUNDS 839,801 837,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AB SCAFF LIMITED (REGISTERED NUMBER: SC152775)

BALANCE SHEET - continued
31 AUGUST 2017


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 Board of Directors on 4 May 2018 and were signed on its behalf by:





I K McLeod - Director


AB SCAFF LIMITED (REGISTERED NUMBER: SC152775)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2017

1. STATUTORY INFORMATION

Ab Scaff Limited 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Computer software
Computer software is being amortised over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

AB SCAFF LIMITED (REGISTERED NUMBER: SC152775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2017

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 50 .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 September 2016
and 31 August 2017 28,875
AMORTISATION
At 1 September 2016
and 31 August 2017 28,875
NET BOOK VALUE
At 31 August 2017 -
At 31 August 2016 -

AB SCAFF LIMITED (REGISTERED NUMBER: SC152775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2017

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 September 2016 48,431 577,509 3,133
Additions - 27,450 350
At 31 August 2017 48,431 604,959 3,483
DEPRECIATION
At 1 September 2016 23,053 300,927 1,753
Charge for year 2,540 73,887 436
Eliminated on disposal - - -
At 31 August 2017 25,593 374,814 2,189
NET BOOK VALUE
At 31 August 2017 22,838 230,145 1,294
At 31 August 2016 25,378 276,582 1,380

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2016 145,200 16,107 790,380
Additions 18,850 1,890 48,540
Disposals (33,300 ) - (33,300 )
At 31 August 2017 130,750 17,997 805,620
DEPRECIATION
At 1 September 2016 85,467 11,602 422,802
Charge for year 14,643 1,464 92,970
Eliminated on disposal (13,976 ) - (13,976 )
At 31 August 2017 86,134 13,066 501,796
NET BOOK VALUE
At 31 August 2017 44,616 4,931 303,824
At 31 August 2016 59,733 4,505 367,578

AB SCAFF LIMITED (REGISTERED NUMBER: SC152775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2017

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 September 2016 30,750
Additions 18,850
Disposals (18,750 )
At 31 August 2017 30,850
DEPRECIATION
At 1 September 2016 500
Charge for year 4,829
Eliminated on disposal (1,953 )
At 31 August 2017 3,376
NET BOOK VALUE
At 31 August 2017 27,474
At 31 August 2016 30,250

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.17 31.8.16
£    £   
Trade debtors 513,684 422,042
Other debtors - 300
Prepayments and accrued income 25,411 20,547
539,095 442,889

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.17 31.8.16
£    £   
Hire purchase contracts 13,220 16,231
Trade creditors 83,009 267,154
Tax 30,819 20,853
Social security and other taxes 42,801 33,529
VAT 157,161 208
Other creditors 43,078 17,727
Directors' current accounts 99 99
Accruals and deferred income 2,539 407
372,726 356,208

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.17 31.8.16
£    £   
Hire purchase contracts - 13,388

AB SCAFF LIMITED (REGISTERED NUMBER: SC152775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2017

9. PROVISIONS FOR LIABILITIES
31.8.17 31.8.16
£    £   
Deferred tax 32,897 36,779

Deferred
tax
£   
Balance at 1 September 2016 36,779
Accelerated capital allowances (3,882 )
Balance at 31 August 2017 32,897