Company Registration No. SC184516 (Scotland)
Ambermount Ltd
Abbreviated unaudited accounts
for the year ended 29 February 2016
Ambermount Ltd
Abbreviated Balance Sheet
as at
29 February 2016
Intangible assets
26,559
29,510
Tangible assets
33,555
32,220
Cash at bank and in hand
10,667
1,546
Creditors: amounts falling due within one year
(91,975)
(81,420)
Net current liabilities
(59,868)
(57,278)
Called up share capital
200
200
Profit and loss account
46
4,252
Total shareholders' funds
246
4,452
For the year ending 29 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 29 March 2016
Derek Marshall
Director
Company Registration No. SC184516
Ambermount Ltd
Notes to the Abbreviated Accounts
for the year ended 29 February 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets at 10% reducing balance. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2
Intangible fixed assets
Other
At 29 February 2016
152,115
Charge for the year
2,951
At 29 February 2016
125,556
At 29 February 2016
26,559
At 28 February 2015
29,510
Ambermount Ltd
Notes to the Abbreviated Accounts
for the year ended 29 February 2016
3
Tangible fixed assets
Fixtures & fittings
At 29 February 2016
159,042
Charge for the year
8,389
At 29 February 2016
125,487
At 29 February 2016
33,555
At 28 February 2015
32,220
4
Share capital
2016
2015
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 A Ordinary shares of £1 each
100
100