Aberlan Well Integrity Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: SC306464 (Scotland)

Abbreviated Accounts for the Year Ended 30 June 2016

for

ABERLAN WELL INTEGRITY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

4

DIRECTORS:

SG Forrest

E Forrest

REGISTERED OFFICE:

Traill Drive

Montrose

Angus

DD10 8SW

REGISTERED NUMBER:

SC306464 (Scotland)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

Traill Drive

Montrose

Angus

DD10 8SW

FIXED ASSETS

Tangible assets

2

725

211

CURRENT ASSETS

Debtors

19,370

20,196

Cash at bank

68,555

89,370

87,925

109,566

CREDITORS

Amounts falling due within one year

44,489

50,567

NET CURRENT ASSETS

43,436

58,999

TOTAL ASSETS LESS CURRENT
LIABILITIES

44,161

59,210

CAPITAL AND RESERVES

Called up share capital

3

6

Profit and loss account

44,155

59,204

SHAREHOLDERS' FUNDS

44,161

59,210

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 26 January 2017 and were signed on its
behalf by:

SG Forrest - 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 services, 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.

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax due to timing differences is immaterial and therefore not recognised.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

809

Additions

633

At 30 June 2016

1,442

DEPRECIATION

At 1 July 2015

598

Charge for year

119

At 30 June 2016

717

NET BOOK VALUE

At 30 June 2016

725

At 30 June 2015

211

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

6

Ordinary

£100

6

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £127,167 (2015 - £106,500) were paid to the directors .

The company was under the control of the directors SG Forrest and E Forrest throughout the current

year and previous year.

During the year the directors advanced the company net amounts totalling £1,127. As at 30 June 2016

included within other creditors is a balance outstanding due to the directors of £7,278 (2015 - £6,151).

No interest was paid on this loan.

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages two to three) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Account Tax Ltd

Chartered Certified Accountants

Traill Drive

Montrose

Angus

DD10 8SW

26 January 2017