Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Gillies & Mackay Ltd
Contents
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Gillies & Mackay Ltd
(Registration number: SC237291)
Abbreviated Balance Sheet at 31 March 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
- |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
.........................................
Mr John Mackay
Director
1
Gillies & Mackay Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on a going concern basis.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant and machinery |
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Fixtures and fittings |
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Stock
Hire purchase and leasing
Gillies & Mackay Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 April 2015 |
20,000 |
74,724 |
94,724 |
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Additions |
- |
16,195 |
16,195 |
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Disposals |
- |
(45,524) |
(45,524) |
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At 31 March 2016 |
20,000 |
45,395 |
65,395 |
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Depreciation |
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At 1 April 2015 |
20,000 |
66,494 |
86,494 |
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Charge for the year |
- |
4,459 |
4,459 |
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Eliminated on disposals |
- |
(45,524) |
(45,524) |
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At 31 March 2016 |
20,000 |
25,429 |
45,429 |
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Net book value |
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At 31 March 2016 |
- |
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At 31 March 2015 |
- |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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