Aaron Glen Apartments Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC254286 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Aaron Glen Apartments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

L D Davidson

Mrs C Davidson

SECRETARY:

Mrs C Davidson

REGISTERED OFFICE:

7 Nivensknowe Road

Loanhead

EH20 9AU

REGISTERED NUMBER:

SC254286 (Scotland)

ACCOUNTANTS:

Glencairn Accounting Services

Edinburgh

FIXED ASSETS

Tangible assets

2

9,987

10,811

CURRENT ASSETS

Cash at bank

222

228

CREDITORS

Amounts falling due within one year

8,270

6,160

NET CURRENT LIABILITIES

(8,048

)

(5,932

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,939

4,879

PROVISIONS FOR LIABILITIES

1,700

1,800

NET ASSETS

239

3,079

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

237

3,077

SHAREHOLDERS' FUNDS

239

3,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 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.

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 Board of Directors on 27 March 2017 and were signed on its behalf by:

Mrs C Davidson - 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 income from operating activities, 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.

Plant and machinery etc

-

15% on reducing balance

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 December 2015

44,801

Additions

938

At 30 November 2016

45,739

DEPRECIATION

At 1 December 2015

33,990

Charge for year

1,762

At 30 November 2016

35,752

NET BOOK VALUE

At 30 November 2016

9,987

At 30 November 2015

10,811

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

2

Ordinary

£1

2