back to S C SERVICES (SCOTLAND) LTD detail S C Services (Scotland) Ltd - Filleted accounts
Registered number
SC578423
S C Services (Scotland) Ltd
Unaudited Filleted Accounts
31 March 2018
S C Services (Scotland) Ltd
Registered number: SC578423
Balance Sheet
as at 31 March 2018
Notes 2018
£
Current assets
Debtors 3 7,516
Cash at bank and in hand 26,821
34,337
Creditors: amounts falling due within one year 4 (11,816)
Net current assets 22,521
Net assets 22,521
Capital and reserves
Called up share capital 1
Profit and loss account 22,520
Shareholder's funds 22,521
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Sze Ling Chan
Director
Approved by the board on 5 December 2018
S C Services (Scotland) Ltd
Notes to the Accounts
for the period from 9 October 2017 to 31 March 2018
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover - Services
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2018
Number
Average number of persons employed by the company including paid directors and office holders 1
3 Debtors 2018
£
Trade debtors 7,200
Other debtors 316
7,516
4 Creditors: amounts falling due within one year 2018
£
Corporation tax 6,220
Director's current account 4,816
Other creditors 780
11,816
5 Controlling party
The company is controlled by Sze Ling Chan by virtue of her 100% shareholding.
6 Other information
S C Services (Scotland) Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
4/3 South Learmonth Avenue
Edinburgh
EH4 1PE
S C Services (Scotland) Ltd SC578423 false 2017-10-09 2018-03-31 2018-03-31 VT Final Accounts July 2018 Sze Ling Chan No description of principal activity SC578423 2017-10-09 2018-03-31 SC578423 bus:PrivateLimitedCompanyLtd 2017-10-09 2018-03-31 SC578423 bus:AuditExemptWithAccountantsReport 2017-10-09 2018-03-31 SC578423 bus:Director40 2017-10-09 2018-03-31 SC578423 1 2017-10-09 2018-03-31 SC578423 2 2017-10-09 2018-03-31 SC578423 countries:England 2017-10-09 2018-03-31 SC578423 bus:FRS102 2017-10-09 2018-03-31 SC578423 bus:FullAccounts 2017-10-09 2018-03-31 SC578423 2018-03-31 SC578423 core:WithinOneYear 2018-03-31 SC578423 core:ShareCapital 2018-03-31 SC578423 core:RetainedEarningsAccumulatedLosses 2018-03-31 SC578423 2017-10-08 iso4217:GBP xbrli:pure