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REGISTERED NUMBER: SC520451 (Scotland)















Abbreviated Unaudited Accounts

for the Period 17 November 2015 to 30 November 2016

for

Loch Beag Shellfish Limited

Loch Beag Shellfish Limited (Registered number: SC520451)






Contents of the Abbreviated Accounts
for the Period 17 November 2015 to 30 November 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 4

Loch Beag Shellfish Limited

Company Information
for the Period 17 November 2015 to 30 November 2016







DIRECTOR: G MacAskill





REGISTERED OFFICE: 5B Drynoch
Carbost
Isle of Skye
IV47 8SX





REGISTERED NUMBER: SC520451 (Scotland)





ACCOUNTANTS: Stewart & Stewart Ltd
Chartered Accountants
Achorn House
34 Millbank Road
Munlochy
Ross-Shire
IV8 8ND

Loch Beag Shellfish Limited (Registered number: SC520451)

Abbreviated Balance Sheet
30 November 2016

Notes £    £   
FIXED ASSETS
Tangible assets 2 90,370

CURRENT ASSETS
Debtors 32,083
Cash at bank 14,174
46,257
CREDITORS
Amounts falling due within one year 112,083
NET CURRENT LIABILITIES (65,826 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,544

PROVISIONS FOR LIABILITIES 16,042
NET ASSETS 8,502

CAPITAL AND RESERVES
Called up share capital 3 100
Profit and loss account 8,402
SHAREHOLDERS' FUNDS 8,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director on 27 March 2017 and were signed by:





G MacAskill - Director


Loch Beag Shellfish Limited (Registered number: SC520451)

Notes to the Abbreviated Accounts
for the Period 17 November 2015 to 30 November 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

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.

Boat - 5% on reducing balance
Plant and machinery - 25% on reducing balance

Deferred tax
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment
of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are
expected to apply in the periods when the timing differences will reverse and has not been discounted.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 102,464
At 30 November 2016 102,464
DEPRECIATION
Charge for period 12,094
At 30 November 2016 12,094
NET BOOK VALUE
At 30 November 2016 90,370

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Loch Beag Shellfish Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Loch Beag Shellfish Limited for the period ended 30 November 2016 which comprise the Profit
and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information
and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the director of Loch Beag Shellfish Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Loch Beag Shellfish Limited and state those matters that we have agreed to state to the director of Loch Beag Shellfish Limited in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Loch Beag Shellfish Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Loch Beag Shellfish Limited. You consider that Loch Beag Shellfish Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Loch Beag Shellfish Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stewart & Stewart Ltd
Chartered Accountants
Achorn House
34 Millbank Road
Munlochy
Ross-Shire
IV8 8ND


27 March 2017