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REGISTERED NUMBER: SC348524 (Scotland)












Financial Statements for the Year Ended 30 September 2017

for

AB OFFSHORE SERVICES LTD

AB OFFSHORE SERVICES LTD (REGISTERED NUMBER: SC348524)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AB OFFSHORE SERVICES LTD

Company Information
for the Year Ended 30 September 2017







DIRECTOR: A Baillie





REGISTERED OFFICE: 12 Traill Drive
Montrose
Angus
DD10 8SW





REGISTERED NUMBER: SC348524 (Scotland)





ACCOUNTANTS: Account Tax Ltd
Chartered Certified Accountants
12 Traill Drive
Montrose
Angus
DD10 8SW

AB OFFSHORE SERVICES LTD (REGISTERED NUMBER: SC348524)

Balance Sheet
30 September 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,920 2,562

CURRENT ASSETS
Debtors 5 9,315 11,178
Cash at bank 31,305 30,288
40,620 41,466
CREDITORS
Amounts falling due within one year 6 21,167 19,507
NET CURRENT ASSETS 19,453 21,959
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,373

24,521

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 21,365 24,513
SHAREHOLDERS' FUNDS 21,373 24,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director on 1 March 2018 and were signed by:





A Baillie - Director


AB OFFSHORE SERVICES LTD (REGISTERED NUMBER: SC348524)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

AB Offshore Services 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.
Fixtures and fittings - 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 Profit & Loss
Account, 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 material 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 .

AB OFFSHORE SERVICES LTD (REGISTERED NUMBER: SC348524)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2016
and 30 September 2017 758 3,645 4,403
DEPRECIATION
At 1 October 2016 658 1,183 1,841
Charge for year 26 616 642
At 30 September 2017 684 1,799 2,483
NET BOOK VALUE
At 30 September 2017 74 1,846 1,920
At 30 September 2016 100 2,462 2,562

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 9,315 11,178

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 18,325 16,951
Other creditors 2,842 2,556
21,167 19,507

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £16,875 (2016 - £16,875) were paid to the director .

The company was under the control of the director, A Baillie, throughout the current and previous
year.

During the year the director advanced the company net amounts totalling £216. As at 30 September
2017 included within other creditors is a balance outstanding due to the director of £1,692 (2016 -
£1,476). No interest has been charged on this loan.