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Company Registration No. SC594737 (Scotland)
FESTIVAL BEVERAGE AND PROPERTY SERVICES LIMITED Unaudited accounts for the period from 18 April 2018 to 30 April 2019
FESTIVAL BEVERAGE AND PROPERTY SERVICES LIMITED Unaudited accounts Contents
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FESTIVAL BEVERAGE AND PROPERTY SERVICES LIMITED Company Information for the period from 18 April 2018 to 30 April 2019
Director
Craig John Murray
Company Number
SC594737 (Scotland)
Registered Office
63 OXGANGS ROAD EDINBURGH EH10 7BD UNITED KINGDOM
Accountants
Gillian Caughey, CA Fearless Financials Ltd 674 Pollokshaws Road Glasgow G41 2QE
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FESTIVAL BEVERAGE AND PROPERTY SERVICES LIMITED Statement of financial position as at 30 April 2019
2019 
Notes
£ 
Fixed assets
Tangible assets
5
36,005 
517,556 
Current assets
Debtors
94,568 
Cash at bank and in hand
169,746 
264,314 
Creditors: amounts falling due within one year
(387,580)
Net current liabilities
(123,266)
Total assets less current liabilities
394,290 
Creditors: amounts falling due after more than one year
(415,446)
Net liabilities
(21,156)
Capital and reserves
Called up share capital
15,000 
Profit and loss account
(36,156)
Shareholders' funds
(21,156)
For the period ending 30 April 2019 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 17 January 2020.
Craig John Murray Director Company Registration No. SC594737
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FESTIVAL BEVERAGE AND PROPERTY SERVICES LIMITED Notes to the Accounts for the period from 18 April 2018 to 30 April 2019
1
Statutory information
FESTIVAL BEVERAGE AND PROPERTY SERVICES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC594737. The registered office is 63 OXGANGS ROAD, EDINBURGH, EH10 7BD, UNITED KINGDOM.
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 been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5 years
Plant & machinery
3 - 5 years
Motor vehicles
3 - 5 years
Computer equipment
3 years