Company Registration No. SC525993 (Scotland)
GRAHAM STUART ASSOCIATES LTD
Unaudited accounts
for the year ended 31 May 2018
GRAHAM STUART ASSOCIATES LTD
Unaudited accounts
Contents
GRAHAM STUART ASSOCIATES LTD
Company Information
for the year ended 31 May 2018
Director
Mr Graham Stuart
Company Number
SC525993 (Scotland)
Registered Office
85 BALSHAGRAY AVENUE
GLASGOW
G11 7EQ
SCOTLAND
Accountants
Avid Accountants Ltd
116 Elderslie Street
Glasgow
G3 7AW
GRAHAM STUART ASSOCIATES LTD
Statement of financial position
as at
31 May 2018
Tangible assets
2,290
1,443
Cash at bank and in hand
22,309
26,927
Creditors: amounts falling due within one year
(13,693)
(18,383)
Net current assets
16,629
17,024
Called up share capital
100
100
Profit and loss account
18,819
18,367
Shareholders' funds
18,919
18,467
For the year ending 31 May 2018 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 19 February 2019.
Mr Graham Stuart
Director
Company Registration No. SC525993
GRAHAM STUART ASSOCIATES LTD
Notes to the Accounts
for the year ended 31 May 2018
GRAHAM STUART ASSOCIATES LTD is a private company, limited by shares, registered in Scotland, registration number SC525993. The registered office is 85 BALSHAGRAY AVENUE, GLASGOW, G11 7EQ, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Straight line
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Trade debtors
8,013
8,480
GRAHAM STUART ASSOCIATES LTD
Notes to the Accounts
for the year ended 31 May 2018
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
12,673
16,244
7
Average number of employees
During the year the average number of employees was 2 (2017: 2).