Company Registration No. SC260490 (Scotland)
Saltire Business Solutions Limited
Unaudited accounts
for the year ended 31 December 2016
Saltire Business Solutions Limited
Unaudited accounts
Contents
Saltire Business Solutions Limited
Company Information
for the year ended 31 December 2016
Directors
Mr Douglas Mundie
Mrs E Lesley Mundie
Company Number
SC260490 (Scotland)
Registered Office
14 Hepburn Gardens
St Andrews
Fife
KY16 9DD
Accountants
Keith Millican Corporate Support Limited
10 Lade Braes
St Andrews
Fife
KY16 9ET
Saltire Business Solutions Limited
Statement of financial position
as at
31 December 2016
Cash at bank and in hand
14,939
15,949
Creditors: amounts falling due within one year
(17,178)
(16,771)
Net current assets
641
742
Called up share capital
100
100
Profit and loss account
541
642
Shareholders' funds
641
742
For the year ending 31 December 2016 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 directors acknowledge their 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 15 July 2017.
Mr Douglas Mundie
Director
Company Registration No. SC260490
Saltire Business Solutions Limited
Notes to the Accounts
for the year ended 31 December 2016
Saltire Business Solutions Limited is a private company, limited by shares, registered in Scotland, registration number SC260490. The registered office and principal place of business is 14 Hepburn Gardens, St Andrews, Fife, KY16 9DD.
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.
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover represents the value, net of VAT and discounts, of work carried out in respect of services provided to customers.
Trade debtors
2,880
1,564
5
Creditors: amounts falling due within one year
2016
2015
Corporation tax
12,211
15,477
Other taxes and social security costs
2,183
-
Other creditors
1,489
1,294
6
Share capital
2016
2015
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The company is controlled by the Directors who own 100% of the called up share capital
Saltire Business Solutions Limited
Notes to the Accounts
for the year ended 31 December 2016
8
Average number of employees
During the year the average number of employees was 0 (2015: 0).