Aberdeen Pilates Studio Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC281829 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Aberdeen Pilates Studio Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs K L Bowie

SECRETARY:

Clp Secretaries Limited

REGISTERED OFFICE:

Commercial House

2 Rubislaw Terrace

Aberdeen

AB10 1XE

REGISTERED NUMBER:

SC281829 (Scotland)

ACCOUNTANTS:

Anne McLennan

Landfall

Findon

Portlethen

Aberdeenshire

AB12 3RL

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

6,746

8,864

6,746

8,864

CURRENT ASSETS

Debtors

2,271

2,397

Cash at bank

10,318

23,644

12,589

26,041

CREDITORS

Amounts falling due within one year

7,792

9,956

NET CURRENT ASSETS

4,797

16,085

TOTAL ASSETS LESS CURRENT
LIABILITIES

11,543

24,949

PROVISIONS FOR LIABILITIES

1,208

1,590

NET ASSETS

10,335

23,359

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

10,334

23,358

SHAREHOLDERS' FUNDS

10,335

23,359

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 29 December 2016 and were signed by:

Mrs K L Bowie - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery etc

-

15% on cost

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

7,358

AMORTISATION

At 1 April 2015

and 31 March 2016

7,358

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

23,401

DEPRECIATION

At 1 April 2015

14,537

Charge for year

2,118

At 31 March 2016

16,655

NET BOOK VALUE

At 31 March 2016

6,746

At 31 March 2015

8,864

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1

Ordinary

1