REGISTERED NUMBER: SC251324 (Scotland)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2014

FOR

A & C THOMSON (BUTCHERS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr A C Thomson

Mrs C C Thomson

SECRETARY:

Mr A C Thomson

REGISTERED OFFICE:

28 Broad Street

Peterhead

Aberdeenshire

AB42 1BY

REGISTERED NUMBER:

SC251324 (Scotland)

ACCOUNTANTS:

Bain Henry Reid

28 Broad Street

Peterhead

Aberdeenshire

AB42 1BY

SOLICITORS:

Masson and Glennie

Solicitors

Broad House

Broad Street

Peterhead

Aberdeenshire

AB42 1HY

FIXED ASSETS

Tangible assets

2

30,000

30,000

CURRENT ASSETS

Investments

51

51

Cash at bank

20

20

71

71

CREDITORS

Amounts falling due within one year

(300

)

(900

)

NET CURRENT LIABILITIES

(229

)

(829

)

TOTAL ASSETS LESS CURRENT LIABILITIES

29,771

29,171

CREDITORS

Amounts falling due after more than one year

(16,950

)

(15,977

)

NET ASSETS

12,821

13,194

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

12,819

13,192

SHAREHOLDERS' FUNDS

12,821

13,194

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 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 21 November 2014 and were signed on its behalf by:

Mr A C Thomson - 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 April 2008).

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

-

25% on reducing balance

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different

from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences

which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when

the timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment

to sell the asset.

Deferred tax assets and liabilities are not discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

and 28 February 2014

30,570

DEPRECIATION

At 1 March 2013

and 28 February 2014

570

NET BOOK VALUE

At 28 February 2014

30,000

At 28 February 2013

30,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary Shares

£1

2

2