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REGISTERED NUMBER: SC329688 (Scotland)


















Unaudited Financial Statements

for the Year Ended 31 July 2018

for

Moir Driveways Limited

Moir Driveways Limited (Registered number: SC329688)






Contents of the Financial Statements
for the Year Ended 31 July 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Moir Driveways Limited

Company Information
for the Year Ended 31 July 2018







DIRECTOR: G Moir



SECRETARY: A P Moir



REGISTERED OFFICE: West Hungrels
Commieston
Montrose
DD10 0AG



REGISTERED NUMBER: SC329688 (Scotland)



ACCOUNTANTS: MMG Archbold
Chartered Accountants
182 High Street
Montrose
ANGUS
DD10 8PH



BANKERS: Lloyds TSB
Dundee Business & Commercial
PO Box 29
Meadowside
Dundee
DD1 9ZG

Moir Driveways Limited (Registered number: SC329688)

Balance Sheet
31 July 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,641 18,749

CURRENT ASSETS
Debtors 5 1,912 634
Cash at bank 19,780 21,223
21,692 21,857
CREDITORS
Amounts falling due within one year 6 7,097 5,396
NET CURRENT ASSETS 14,595 16,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,236

35,210

PROVISIONS FOR LIABILITIES 3,542 -
NET ASSETS 29,694 35,210

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 29,693 35,209
SHAREHOLDERS' FUNDS 29,694 35,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 15 November 2018 and were signed by:




G Moir - Director


Moir Driveways Limited (Registered number: SC329688)

Notes to the Financial Statements
for the Year Ended 31 July 2018

1. STATUTORY INFORMATION

Moir Driveways Limited 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.

The director has a reasonable expectation that the company has adequate resources to continue in operational
existence for the foreseeable future. Thus he continues to adopt the going concern basis of accounting in
preparing the annual financial statements.

Turnover
Turnover and profit on ordinary activities before taxation are attributable to driveway formation and repair.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Shed - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Contracts for services
Where the substance of a contract is that the contractual obligations are performed gradually over time, revenue
is recognised as contract activity progresses to reflect the partial performance of our contractual obligations.
The amount of revenue included reflects the accrual of the right to consideration as contract activity progresses
by reference to value of the work performed.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

Moir Driveways Limited (Registered number: SC329688)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2018

4. TANGIBLE FIXED ASSETS
Plant and Motor
Shed machinery vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 August 2017 1,194 13,043 24,881 4,972 44,090
Additions - 2,898 1,600 1,609 6,107
At 31 July 2018 1,194 15,941 26,481 6,581 50,197
DEPRECIATION
At 1 August 2017 867 9,806 10,428 4,240 25,341
Charge for year 82 1,534 4,013 586 6,215
At 31 July 2018 949 11,340 14,441 4,826 31,556
NET BOOK VALUE
At 31 July 2018 245 4,601 12,040 1,755 18,641
At 31 July 2017 327 3,237 14,453 732 18,749

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 1,565 300
Prepayments 347 334
1,912 634

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 2,935 1,030
Corporation tax 2,236 3,344
PAYE - 2
Directors' current accounts 727 216
Accruals 1,199 804
7,097 5,396

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
1 Ordinary £1 1 1

Moir Driveways Limited (Registered number: SC329688)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2018

8. RESERVES
Retained
earnings
£   

At 1 August 2017 35,209
Profit for the year 5,884
Dividends (11,400 )
At 31 July 2018 29,693

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2018 and
31 July 2017:

2018 2017
£    £   
G Moir
Balance outstanding at start of year (216 ) (1,337 )
Amounts advanced - 3,887
Amounts repaid (511 ) (2,766 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (727 ) (216 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is G Moir.