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REGISTERED NUMBER: SC321104 (Scotland)










Unaudited Financial Statements

for the Year Ended 31 May 2018

for

BRUCE DEMPSTER MOTOR ENGINEERS LIMITED

BRUCE DEMPSTER MOTOR ENGINEERS LIMITED (REGISTERED NUMBER: SC321104)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRUCE DEMPSTER MOTOR ENGINEERS LIMITED

Company Information
for the Year Ended 31 May 2018







DIRECTOR: P Dempster





REGISTERED OFFICE: Oakfield House
378 Brandon Street
Motherwell
ML1 1XA





REGISTERED NUMBER: SC321104 (Scotland)





ACCOUNTANTS: WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA

BRUCE DEMPSTER MOTOR ENGINEERS LIMITED (REGISTERED NUMBER: SC321104)

Balance Sheet
31 May 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,415 78,208

CURRENT ASSETS
Stocks 3,277 2,979
Debtors 5 15,517 11,627
Cash at bank 4,200 1,200
22,994 15,806
CREDITORS
Amounts falling due within one year 6 128,373 119,685
NET CURRENT LIABILITIES (105,379 ) (103,879 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(27,964

)

(25,671

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (28,064 ) (25,771 )
SHAREHOLDERS' FUNDS (27,964 ) (25,671 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

BRUCE DEMPSTER MOTOR ENGINEERS LIMITED (REGISTERED NUMBER: SC321104)

Balance Sheet - continued
31 May 2018


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 22 October 2018 and were signed by:





P Dempster - Director


BRUCE DEMPSTER MOTOR ENGINEERS LIMITED (REGISTERED NUMBER: SC321104)

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

1. STATUTORY INFORMATION

Bruce Dempster Motor Engineers 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured using
tax rates and laws that have been enacted or substantively enacted by the year end and that are expected
to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

BRUCE DEMPSTER MOTOR ENGINEERS LIMITED (REGISTERED NUMBER: SC321104)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company has net liabilities of £27,964 at 31 May 2018. However the directors are confident that
improved trading since the year end will continue and, as such, have prepared the accounts on a going
concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 5 ) .

4. TANGIBLE FIXED ASSETS
Long Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2017 70,000 18,528 32,018 11,973 132,519
Additions - - 2,300 382 2,682
Disposals - - (3,500 ) - (3,500 )
At 31 May 2018 70,000 18,528 30,818 12,355 131,701
DEPRECIATION
At 1 June 2017 - 16,358 27,386 10,567 54,311
Charge for year - 434 1,417 358 2,209
Eliminated on disposal - - (2,234 ) - (2,234 )
At 31 May 2018 - 16,792 26,569 10,925 54,286
NET BOOK VALUE
At 31 May 2018 70,000 1,736 4,249 1,430 77,415
At 31 May 2017 70,000 2,170 4,632 1,406 78,208

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 15,517 11,627

BRUCE DEMPSTER MOTOR ENGINEERS LIMITED (REGISTERED NUMBER: SC321104)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 5,469 5,185
Trade creditors 9,614 7,949
Loan - L Dempster 10,000 10,000
Bank loan - 1,107
Tax 3,363 422
Social security and other taxes 686 509
VAT 4,299 3,607
Directors' current accounts 91,757 87,730
Accrued expenses 3,185 3,176
128,373 119,685