Company Registration No. SC453663 (Scotland)
CARSON LTS GROUP LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
PAGES FOR FILING WITH REGISTRAR
CARSON LTS GROUP LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CARSON LTS GROUP LTD
BALANCE SHEET
AS AT
31 MARCH 2019
31 March 2019
- 1 -
2019
2018
Notes
£
£
£
£
Current assets
Debtors
2
160
-
Investments
3
40,002
40,002
Cash at bank and in hand
-
6,000
40,162
46,002
Creditors: amounts falling due within one year
4
(39,996)
(45,996)
Net current assets
166
6
Capital and reserves
Called up share capital
5
8
8
Profit and loss reserves
158
(2)
Total equity
166
6
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 19 December 2019 and are signed on its behalf by:
Mr D Cardiff
Mr J Morrison
Director
Director
Company Registration No. SC453663
CARSON LTS GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
- 2 -
1
Accounting policies
Company information
Carson LTS Group Ltd is a
private
company
limited by shares
incorporated in Scotland.
The registered office is
3 Deerdykes Road, Westfield Industrial Estate, Cumbernauld, Glasgow, G68 9HF.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Debtors
2019
2018
Amounts falling due within one year:
£
£
Other debtors
160
-
3
Current asset investments
2019
2018
£
£
Shares in group undertakings
40,002
40,002
4
Creditors: amounts falling due within one year
2019
2018
£
£
Other creditors
39,996
45,996
CARSON LTS GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2019
- 3 -
5
Called up share capital
2019
2018
£
£
Ordinary share capital
Issued and fully paid
1 Ordinary A of £1 each
2
2
1 Ordinary B of £1 each
1
1
1 Ordinary C of £1 each
1
1
1 Ordinary D of £1 each
1
1
1 Ordinary E of £1 each
1
1
1 Ordinary F of £1 each
1
1
1 Ordinary G of £1 each
1
1
8
8