Company Registration No. SC430740 (Scotland)
Double Stop Ltd
Unaudited accounts
for the year ended 31 August 2018
Double Stop Ltd
Unaudited accounts
Contents
Double Stop Ltd
Company Information
for the year ended 31 August 2018
Company Number
SC430740 (Scotland)
Registered Office
35 Stamperland Gardens
Clarkston
Glasgow
G76 8HQ
Accountants
Assenti & Noble Ltd
18 Mosshead Road
Bearsden
Glasgow
G61 3HN
Double Stop Ltd
Statement of financial position
as at 31 August 2018
Cash at bank and in hand
856
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
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
Double Stop Ltd
Notes to the Accounts
for the year ended 31 August 2018
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.
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.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
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
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
Double Stop Ltd
Notes to the Accounts
for the year ended 31 August 2018
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
-
680
Loans from directors
3,367
6,850
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).