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REGISTERED NUMBER: SC246984 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

McLaren Books Limited

McLaren Books Limited (Registered number: SC246984)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


McLaren Books Limited

Company Information
for the Year Ended 31 March 2018







DIRECTOR: G Newlands





SECRETARY: Mrs C Newlands





REGISTERED OFFICE: Scottcourt House
West Princes Street
Helensburgh
Argyll & Bute
G84 8BP





REGISTERED NUMBER: SC246984 (Scotland)





ACCOUNTANTS: Macleod Fulton
Scottcourt House
West Princes Street
Helensburgh
Argyll & Bute
G84 8BP

McLaren Books Limited (Registered number: SC246984)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 30,000 30,000
Tangible assets 5 105 140
30,105 30,140

CURRENT ASSETS
Stocks 19,000 19,500
Debtors 6 308 579
Cash at bank 7,035 3,522
26,343 23,601
CREDITORS
Amounts falling due within one year 7 53,368 53,667
NET CURRENT LIABILITIES (27,025 ) (30,066 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,080

74

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 3,078 72
SHAREHOLDERS' FUNDS 3,080 74

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

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

The director acknowledges his 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:





G Newlands - Director


McLaren Books Limited (Registered number: SC246984)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

McLaren Books Limited 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.

Goodwill
Acquired Goodwill is not written off.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful life.


Plant and Machinery - 25% on reducing balance
Fixtures and Fittings - 25% on reducing balance
Computer Equipment - 33% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 30,000
NET BOOK VALUE
At 31 March 2018 30,000
At 31 March 2017 30,000

McLaren Books Limited (Registered number: SC246984)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2017
and 31 March 2018 267 2,750 719 3,736
DEPRECIATION
At 1 April 2017 219 2,658 719 3,596
Charge for year 12 23 - 35
At 31 March 2018 231 2,681 719 3,631
NET BOOK VALUE
At 31 March 2018 36 69 - 105
At 31 March 2017 48 92 - 140

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Other debtors 308 579

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 1 -
Taxation and social security 730 474
Other creditors 52,637 53,193
53,368 53,667

8. CONTINGENT LIABILITIES

As at 31 March 2018, the company had no contingent liabilities. (2017-£nil)

9. CAPITAL COMMITMENTS

As at 31 March 2018, the company had no capital commitments. (2017-£nil)

10. RELATED PARTY DISCLOSURES

As at 31 March 2018, included within creditors is a balance due to Mr G Newlands, director amounting to £51,337. (2017 -
£53,726) This balance has no fixed repayment date and no interest is charged thereon.