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Company Registration No. SC430740 (Scotland)
Double Stop Ltd Unaudited accounts for the year ended 31 August 2018
Double Stop Ltd Unaudited accounts Contents
Page
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Double Stop Ltd Company Information for the year ended 31 August 2018
Director
M Law
Company Number
SC430740 (Scotland)
Registered Office
35 Stamperland Gardens Clarkston Glasgow G76 8HQ
Accountants
Assenti & Noble Ltd 18 Mosshead Road Bearsden Glasgow G61 3HN
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Double Stop Ltd Statement of financial position as at 31 August 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Tangible assets
619 
489 
Current assets
Debtors
534 
- 
Cash at bank and in hand
856 
7,890 
1,390 
7,890 
Creditors: amounts falling due within one year
(3,867)
(8,130)
Net current liabilities
(2,477)
(240)
Net (liabilities)/assets
(1,858)
249 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(1,859)
248 
Shareholders' funds
(1,858)
249 
For the year ending 31 August 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 25 October 2018.
M Law Director Company Registration No. SC430740
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Double Stop Ltd Notes to the Accounts for the year ended 31 August 2018
1
Statutory information
Double Stop Ltd is a private company, limited by shares, registered in Scotland, registration number SC430740. The registered office is 35 Stamperland Gardens, Clarkston, Glasgow, G76 8HQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents invoiced sales to external customers, excluding value added tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on cost
Going concern
The balance sheet shows that the company has an excess of liabilities over assets. The accounts have been prepared on a going concern basis assuming the continuing support of the company's director.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2017
979 
Additions
500 
At 31 August 2018
1,479 
Depreciation
At 1 September 2017
490 
Charge for the year
370 
At 31 August 2018
860 
Net book value
At 31 August 2018
619 
At 31 August 2017
489 
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Double Stop Ltd Notes to the Accounts for the year ended 31 August 2018
5
Debtors
2018 
2017 
£ 
£ 
Other debtors
534 
- 
6
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Taxes and social security
- 
680 
Loans from directors
3,367 
6,850 
Accruals
500 
600 
3,867 
8,130 
7
Share capital
2018 
2017 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2017: 1).
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