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REGISTERED NUMBER: SC333381 (Scotland)













ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

A CANADIAN IN EUROPE LTD

A CANADIAN IN EUROPE LTD (REGISTERED NUMBER: SC333381)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

A CANADIAN IN EUROPE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTOR: T C Martin





REGISTERED OFFICE: 6th Floor, Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ





REGISTERED NUMBER: SC333381 (Scotland)





ACCOUNTANTS: Henderson Loggie
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

A CANADIAN IN EUROPE LTD (REGISTERED NUMBER: SC333381)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 6,386 2,757

CURRENT ASSETS
Debtors 105 14
Cash at bank 1,115 984
1,220 998
CREDITORS
Amounts falling due within one year 11,814 11,170
NET CURRENT LIABILITIES (10,594 ) (10,172 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,208

)

(7,415

)

PROVISIONS FOR LIABILITIES 1,277 551
NET LIABILITIES (5,485 ) (7,966 )

CAPITAL AND RESERVES
Called up share capital 3 12 12
Profit and loss account (5,497 ) (7,978 )
SHAREHOLDERS' FUNDS (5,485 ) (7,966 )

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 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 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 11 November 2016 and were signed by:




T C Martin - Director


A CANADIAN IN EUROPE LTD (REGISTERED NUMBER: SC333381)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis which assumes that the company will
continue in operational existence for the foreseeable future. The company's liabilities exceeded its assets by
£5,485 at 31 March 2016 (2015 - £7,966). The company is thus dependent on the continued financial support of
its creditors. The director is confident of this continuing support and of the company's long term trading
prospects and on this basis considers it appropriate to prepare the financial statements on the going concern
basis. The financial statements do not include any adjustments that would result from the withdrawal of financial
support.

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 the amounts derived from the provision of goods and services which fall within the
company's ordinary activities and is stated net of Value Added Tax. Revenue is recognised on provision of
services.

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 - 25% on a reducing balance basis
Fixtures and fittings - 25% on a reducing balance basis
Computer equipment - 33% on a straight line basis

Deferred tax
The tax expense represents the sum of the corporation tax and deferred tax charge for the year.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is
calculated using the tax rates that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is measured on differences between the carrying amounts of assets and liabilities in the accounts
and the corresponding tax bases, as used in the computation of taxable profit. Deferred tax liabilities are
generally recognised for all temporary timing differences that have originated but not reversed by the balance
sheet date and are not recognised as permanent differences. Deferred tax assets are recognised to the extent that
it is probable that taxable profits will be available in the future. Deferred tax is calculated at the average tax
rates that are expected to apply in the periods in which the timing differences are expected to reverse, based on
tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is
charged or credited in the profit and loss account, except when it relates to items charged or credited directly to
equity, in which case the deferred tax is also dealt with in equity.

A CANADIAN IN EUROPE LTD (REGISTERED NUMBER: SC333381)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 6,326
Additions 6,294
At 31 March 2016 12,620
DEPRECIATION
At 1 April 2015 3,569
Charge for year 2,665
At 31 March 2016 6,234
NET BOOK VALUE
At 31 March 2016 6,386
At 31 March 2015 2,757

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
10 Ordinary £1 10 10
2 A to J Ordinary £1 2 2
12 12