Company Registration No. SC260490 (Scotland)
Saltire Business Solutions Limited
Unaudited accounts
for the year ended 31 December 2017
Saltire Business Solutions Limited
Unaudited accounts
Contents
Saltire Business Solutions Limited
Company Information
for the year ended 31 December 2017
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
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Saltire Business Solutions Limited
for the year ended 31 December 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Saltire Business Solutions Limited for the year ended
31 December 2017 as set out on pages
5 -
6 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.com/accountspreparationguidance.
This report is made solely to the Board of Directors of Saltire Business Solutions Limited, as a body, in accordance with the terms of our engagement letter dated 1 July 2016. Our work has been undertaken solely to prepare for your approval the accounts of Saltire Business Solutions Limited and state those matters that we have agreed to state to the Board of Directors of Saltire Business Solutions Limited, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Saltire Business Solutions Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Saltire Business Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Saltire Business Solutions Limited. You consider that Saltire Business Solutions Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Saltire Business Solutions 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 accounts.
Keith Millican Corporate Support Limited
Chartered Accountants
10 Lade Braes
St Andrews
Fife
KY16 9ET
4 August 2018
Saltire Business Solutions Limited
Statement of financial position
as at
31 December 2017
Cash at bank and in hand
12,650
14,939
Creditors: amounts falling due within one year
(8,421)
(17,178)
Net current assets
8,339
641
Called up share capital
100
100
Profit and loss account
8,239
541
Shareholders' funds
8,339
641
For the year ending 31 December 2017 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 4 August 2018.
Mr Douglas Mundie
Director
Company Registration No. SC260490
Saltire Business Solutions Limited
Notes to the Accounts
for the year ended 31 December 2017
Saltire Business Solutions Limited is a private company, limited by shares, registered in Scotland, registration number SC260490. The registered office 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.
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.
Turnover represents the value, net of VAT and discounts, of work carried out in respect of services provided to customers.
Trade debtors
4,110
2,880
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
6,977
14,394
Other creditors
181
1,489
6
Share capital
2017
2016
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
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).