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REGISTERED NUMBER: SC373221 (Scotland)















Unaudited Financial Statements

for the Year Ended 28 February 2018

for

Curtain Works (Paisley) Ltd

Curtain Works (Paisley) Ltd (Registered number: SC373221)






Contents of the Financial Statements
for the Year Ended 28 February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Curtain Works (Paisley) Ltd

Company Information
for the Year Ended 28 February 2018







DIRECTOR: Mrs D Welsh





REGISTERED OFFICE: 121 Moffat Street
New Gorbals
Glasgow
G5 0ND





REGISTERED NUMBER: SC373221 (Scotland)





ACCOUNTANTS: R.G. Beattie & Co Ltd
Chartered Certified Accountants
121 Moffat Street
Glasgow
G5 OND

Curtain Works (Paisley) Ltd (Registered number: SC373221)

Balance Sheet
28 February 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,365 1,606

CURRENT ASSETS
Stocks 5 1,901 2,062
Debtors 6 26,194 20,033
Cash at bank 6,016 2,442
34,111 24,537
CREDITORS
Amounts falling due within one year 7 33,449 24,140
NET CURRENT ASSETS 662 397
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,027

2,003

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,026 2,002
SHAREHOLDERS' FUNDS 2,027 2,003

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 5 November 2018 and were signed by:





Mrs D Welsh - Director


Curtain Works (Paisley) Ltd (Registered number: SC373221)

Notes to the Financial Statements
for the Year Ended 28 February 2018

1. STATUTORY INFORMATION

Curtain Works (Paisley) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment & fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4. TANGIBLE FIXED ASSETS
Equipment Computer
& fittings equipment Totals
£    £    £   
COST
At 1 March 2017
and 28 February 2018 3,210 863 4,073
DEPRECIATION
At 1 March 2017 1,988 479 2,467
Charge for year 184 57 241
At 28 February 2018 2,172 536 2,708
NET BOOK VALUE
At 28 February 2018 1,038 327 1,365
At 28 February 2017 1,222 384 1,606

5. STOCKS
28.2.18 28.2.17
£    £   
Stocks 1,901 2,062

Curtain Works (Paisley) Ltd (Registered number: SC373221)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade debtors 2,799 2,470
Directors' current accounts 23,395 17,563
26,194 20,033

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade creditors 1,138 345
Tax 26,880 20,137
Social security and other taxes 385 630
VAT 4,046 1,712
Accrued expenses 1,000 1,316
33,449 24,140