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
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
FESTIVAL BEVERAGE AND PROPERTY SERVICES LIMITED
Statement of financial position
as at
30 April 2019
Intangible assets
481,551
Cash at bank and in hand
169,746
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)
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
FESTIVAL BEVERAGE AND PROPERTY SERVICES LIMITED
Notes to the Accounts
for the period from 18 April 2018 to 30 April 2019
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.
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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 been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
3 - 5 years
Motor vehicles
3 - 5 years
Computer equipment
3 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Total
FESTIVAL BEVERAGE AND PROPERTY SERVICES LIMITED
Notes to the Accounts
for the period from 18 April 2018 to 30 April 2019
5
Tangible fixed assets
Total
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Average number of employees
During the period the average number of employees was 0.