SC112087 1.3.12 28.2.13 28.2.13 Company accounts Private Limited Company FY true false true false true false false Ordinary 'A' Shares 1.00000 Ordinary 'B' Shares 0.01000 Redeemable "A1" Shares 1.00000 Redeemable "A2" Shares 1.00000 Redeemable "B" Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC1120872012-02-29SC1120872013-02-28SC1120872012-03-012013-02-28SC1120872011-02-28SC1120872011-03-012012-02-29SC1120872012-02-29SC112087ns12:Scotland2012-03-012013-02-28SC112087ns14:PoundSterling2012-03-012013-02-28SC112087ns7:Director12012-03-012013-02-28SC112087ns7:OrdinaryShareClass12012-03-012013-02-28SC112087ns7:OrdinaryShareClass22012-03-012013-02-28SC112087ns7:OrdinaryShareClass32012-03-012013-02-28SC112087ns7:OrdinaryShareClass42012-03-012013-02-28SC112087ns7:OrdinaryShareClass52012-03-012013-02-28SC112087ns7:Director22012-03-012013-02-28SC112087ns7:Director32012-03-012013-02-28SC112087ns7:Director42012-03-012013-02-28SC112087ns7:Director52012-03-012013-02-28SC112087ns7:Director62012-03-012013-02-28SC112087ns7:CompanySecretary2012-03-012013-02-28SC112087ns7:RegisteredOffice2012-03-012013-02-28SC112087ns7:EntityAccountantsOrAuditors2012-03-012013-02-28SC112087ns5:LandBuildingsns5:OwnedOrFreeholdTangibleFixedAssets2012-03-012013-02-28SC112087ns5:PlantMachinery2012-03-012013-02-28SC112087ns5:FixturesFittings2012-03-012013-02-28SC112087ns5:MotorVehicles2012-03-012013-02-28SC112087ns7:OrdinaryShareClass12013-02-28SC112087ns7:OrdinaryShareClass12012-02-29SC112087ns7:OrdinaryShareClass22013-02-28SC112087ns7:OrdinaryShareClass22012-02-29SC112087ns7:OrdinaryShareClass32013-02-28SC112087ns7:OrdinaryShareClass32012-02-29SC112087ns7:OrdinaryShareClass42013-02-28SC112087ns7:OrdinaryShareClass42012-02-29SC112087ns7:OrdinaryShareClass52013-02-28SC112087ns7:OrdinaryShareClass52012-02-29
REGISTERED NUMBER: SC112087 (Scotland)
















Abbreviated Unaudited Accounts

for the Year Ended 28 February 2013

for

Arran Aromatics Limited

Arran Aromatics Limited (Registered number: SC112087)

Contents of the Abbreviated Accounts
for the Year Ended 28 February 2013










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Arran Aromatics Limited

Company Information
for the Year Ended 28 February 2013







DIRECTORS: Mrs J W R Russell
A S Russell
P I J Pittman
A Owens
R T A Walker
A Wade





SECRETARY: R T A Walker





REGISTERED OFFICE: Home Farm
Brodick
Isle of Arran
KA27 8DD





REGISTERED NUMBER: SC112087 (Scotland)





ACCOUNTANTS: Campbell Dallas LLP
Titanium 1
King's Inch Place
Renfrew
PA4 8WF
-1-
Arran Aromatics Limited (Registered number: SC112087)

Abbreviated Balance Sheet
28 February 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 180,685 223,151

CURRENT ASSETS
Stocks 1,075,365 1,139,452
Debtors 1,018,806 782,588
Cash in hand 3,807 2,979
2,097,978 1,925,019
CREDITORS
Amounts falling due within one year 3 1,786,055 1,454,667
NET CURRENT ASSETS 311,923 470,352
TOTAL ASSETS LESS CURRENT
LIABILITIES
492,608
693,503

CREDITORS
Amounts falling due after more than one
year
3
-
5,476
NET ASSETS 492,608 688,027

CAPITAL AND RESERVES
Called up share capital 4 600,667 600,667
Share premium 39,333 39,333
Profit and loss account (147,392 ) 48,027
SHAREHOLDERS' FUNDS 492,608 688,027

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2013 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 notes form part of these abbreviated accounts

-2- continued...
Arran Aromatics Limited (Registered number: SC112087)

Abbreviated Balance Sheet - continued
28 February 2013


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 7 October 2013 and were signed on its
behalf by:





A S Russell - Director


The notes form part of these abbreviated accounts

-3-
Arran Aromatics Limited (Registered number: SC112087)

Notes to the Abbreviated Accounts
for the Year Ended 28 February 2013


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention modified by the
revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of goods, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property - 2% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - over 3 to 10 years
Motor vehicles - 25% on cost

Freehold land is not depreciated.

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Deferred tax is provided at the average 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at
the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held
under finance leases are depreciated over their estimated useful lives or the lease term, whichever is
the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant
period. The capital element of the future payments is treated as a liability.

-4- continued...
Arran Aromatics Limited (Registered number: SC112087)

Notes to the Abbreviated Accounts - continued
for the Year Ended 28 February 2013


1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates two defined contribution pension schemes. The assets of the schemes are held
separately from those of the company in independently administered funds. Contributions are charged
to the profit and loss account as they become payable in accordance with the rules of the scheme.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2012 2,445,716
Additions 42,660
At 28 February 2013 2,488,376
DEPRECIATION
At 1 March 2012 2,222,565
Charge for year 85,126
At 28 February 2013 2,307,691
NET BOOK VALUE
At 28 February 2013 180,685
At 29 February 2012 223,151

3. CREDITORS

Creditors include an amount of £ 643,190 (2012 - £ 404,123 ) for which security has been given.

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
100,000 Ordinary 'A' Shares £1 100,000 100,000
66,666 Ordinary 'B' Shares £0.01 667 667
48,876 Redeemable "A1" Shares £1 48,876 48,876
24,442 Redeemable "A2" Shares £1 24,442 24,442
94,682 Redeemable "B" Shares £1 94,682 94,682
332,000 Ordinary "C" Shares £1 332,000 332,000
600,667 600,667

-5- continued...
Arran Aromatics Limited (Registered number: SC112087)

Notes to the Abbreviated Accounts - continued
for the Year Ended 28 February 2013


4. CALLED UP SHARE CAPITAL - continued

The following voting rights shall attach to the respective class of shares :-

(i) At a General Meeting of the company, the holders of Ordinary A and B shares shall be entitled to 1
vote in respect of every share held;

(iii) At a General Meeting of the company, the holders of Ordinary C, Redeemable A1, Redeemable
A2 and Redeemable B shares shall have no entitlement to vote:

The Ordinary A and B shares are entitled to receive dividends from the Company. The Ordinary C,
Redeemable A1, Redeemable A2 and Redeemable B shares have no entitlement to dividends.

5. POST BALANCE SHEET EVENTS

During the year the business sought additional growth capital. The Directors are delighted to
announce that on 27 August 2013 the Business Growth Fund (BGF) invested £2.0 million to enable
the company to reach its growth objectives. We are delighted to have a productive investor in BGF
and we look forward to the future success of the business.

-6-