REGISTERED NUMBER: SC340238 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Aberdeen Sampling Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTOR:

K R Begg

SECRETARY:

REGISTERED OFFICE:

Acumen House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

REGISTERED NUMBER:

SC340238 (Scotland)

ACCOUNTANTS:

Acumen Accountants & Advisors Limited

Acumen House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

FIXED ASSETS

Tangible assets

5

11,517

15,546

CURRENT ASSETS

Stocks

6

1,128

2,070

Debtors

7

12,148

25,168

Cash at bank

19,129

28,644

32,405

55,882

CREDITORS

Amounts falling due within one year

8

8,209

15,315

NET CURRENT ASSETS

24,196

40,567

TOTAL ASSETS LESS CURRENT LIABILITIES

35,713

56,113

PROVISIONS FOR LIABILITIES

2,303

3,109

NET ASSETS

33,410

53,004

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

33,310

52,904

SHAREHOLDERS' FUNDS

33,410

53,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director on 28 April 2017 and were signed by:

K R Begg - Director

1.	STATUTORY INFORMATION

Aberdeen Sampling 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

These financial statements for the year ended 31 March 2017 are the first set of financial statement that comply with FRS 102 Section

1A small entities. The date of transition is 1 April 2015.

The transition to FRS 102 Section 1A small entities has resulted in a small number of changes in accounting policies to those used

previously, this has not impacted on opening equity or profit for the comparative period so the reconciliations have not been included.

The presentation currency is sterling.

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 that have been enacted or substantively enacted

by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to

profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

40,819

2,850

43,669

DEPRECIATION

At 1 April 2016

26,985

1,138

28,123

Charge for year

3,459

570

4,029

At 31 March 2017

30,444

1,708

32,152

NET BOOK VALUE

At 31 March 2017

10,375

1,142

11,517

At 31 March 2016

13,834

1,712

15,546

6.

STOCKS

2017

2016

£

£

Stocks

1,128

2,070

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

11,805

16,841

Directors' current accounts

-

7,775

Prepayments

343

552

12,148

25,168

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

1,518

2,969

Corporation tax

850

6,255

Social security and other taxes

4,245

4,503

Directors' current accounts

8

-

Accruals

1,588

1,588

8,209

15,315

The loan from the director is interest free with no fixed terms of repayment.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017 and 31 March 2016:

2017

2016

£

£

K R Begg

Balance outstanding at start of year

7,775

(14

)

Amounts advanced

20,771

47,703

Amounts repaid

(28,554

)

(39,914

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(8

)

7,775

10.	ULTIMATE CONTROLLING PARTY

11.	FIRST YEAR ADOPTION

At 1 April 2015, the company transitioned from UK GAAP to FRS 102 Section 1A small entities. As there has been no transitional

adjustments, we have not included the reconciliation reports.

The following reproduces the text of the report prepared for the director and members in respect of the company's annual unaudited

financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are

cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with

the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2017 set out on pages to 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.

Acumen Accountants & Advisors Limited

Acumen House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

28 April 2017