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REGISTERED NUMBER: SC417901 (Scotland)















Unaudited Financial Statements

for the Year Ended 28 February 2018

for

Taycrest (2012) Ltd

Taycrest (2012) Ltd (Registered number: SC417901)






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


Taycrest (2012) Ltd

Company Information
for the Year Ended 28 February 2018







DIRECTOR: B Singh





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





REGISTERED NUMBER: SC417901 (Scotland)





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

Taycrest (2012) Ltd (Registered number: SC417901)

Balance Sheet
28 February 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,293 1,521

CURRENT ASSETS
Stocks 5 1,608 1,788
Cash at bank and in hand 4,920 4,960
6,528 6,748
CREDITORS
Amounts falling due within one year 6 7,143 5,766
NET CURRENT (LIABILITIES)/ASSETS (615 ) 982
TOTAL ASSETS LESS CURRENT
LIABILITIES

678

2,503

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 578 2,403
SHAREHOLDERS' FUNDS 678 2,503

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 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 26 September 2018 and were signed by:





B Singh - Director


Taycrest (2012) Ltd (Registered number: SC417901)

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

1. STATUTORY INFORMATION

Taycrest (2012) 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 the cost less estimated residual value of each asset over its estimated useful life.
Equipment - 15% on reducing balance
Fixtures and fittings - 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.

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 3 (2017 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
Equipment fittings Totals
£    £    £   
COST
At 1 March 2017
and 28 February 2018 480 2,085 2,565
DEPRECIATION
At 1 March 2017 185 859 1,044
Charge for year 44 184 228
At 28 February 2018 229 1,043 1,272
NET BOOK VALUE
At 28 February 2018 251 1,042 1,293
At 28 February 2017 295 1,226 1,521

Taycrest (2012) Ltd (Registered number: SC417901)

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

5. STOCKS
28.2.18 28.2.17
£    £   
Stocks 1,608 1,788

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Tax 1,291 1,291
Social security and other taxes 110 99
VAT 5,090 3,477
Accrued expenses 652 899
7,143 5,766

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28.2.18 28.2.17
value: £    £   
100 Ordinary 1 100 100