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REGISTERED NUMBER: SC478982 (Scotland)












CULTSMILL LTD

FINANCIAL STATEMENTS

FOR THE PERIOD

1 JULY 2017 TO 31 JULY 2018






CULTSMILL LTD (REGISTERED NUMBER: SC478982)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 July 2017 to 31 July 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CULTSMILL LTD

COMPANY INFORMATION
for the Period 1 July 2017 to 31 July 2018







DIRECTORS: Mr R H Gillan
Mrs M A Gillan





REGISTERED OFFICE: Cults Mill
Cults Mill
Cupar
Fife
KY15 5RD





REGISTERED NUMBER: SC478982 (Scotland)





ACCOUNTANTS: Nicolson Accountancy
Trinity House
31 Lynedoch Street
Glasgow
G3 6EF

CULTSMILL LTD (REGISTERED NUMBER: SC478982)

BALANCE SHEET
31 July 2018

31.7.18 30.6.17
Notes £    £   
CURRENT ASSETS
Cash at bank 44,037 11,384

CREDITORS
Amounts falling due within one year 4 16,495 28,065
NET CURRENT ASSETS/(LIABILITIES) 27,542 (16,681 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,542

(16,681

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 5 27,540 (16,683 )
SHAREHOLDERS' FUNDS 27,542 (16,681 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 12 November 2018 and were signed on its behalf
by:





Mr R H Gillan - Director


CULTSMILL LTD (REGISTERED NUMBER: SC478982)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 July 2017 to 31 July 2018

1. STATUTORY INFORMATION

Cultsmill Ltd is a private company, limited by shares , registered in Scotland. The company's registered number
and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2017 - 1 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.18 30.6.17
£    £   
Taxation and social security 15,303 15,226
Other creditors 1,192 12,839
16,495 28,065

5. RESERVES
Retained
earnings
£   

At 1 July 2017 (16,683 )
Profit for the period 71,938
Dividends (27,715 )
At 31 July 2018 27,540