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COMPANY REGISTRATION NUMBER: SC505307
Moray Drilling Consultants Limited
Filleted Unaudited Financial Statements
31 May 2022
Moray Drilling Consultants Limited
Financial Statements
Year ended 31 May 2022
Contents
Pages
Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements
1
Statement of financial position and the notes to the financial statements
2 to 3
Moray Drilling Consultants Limited
Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Moray Drilling Consultants Limited
Year ended 31 May 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Moray Drilling Consultants Limited for the year ended 31 May 2022, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Moray Drilling Consultants Limited, as a body, in accordance with the terms of our engagement letter dated 27 July 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Moray Drilling Consultants Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Moray Drilling Consultants Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Moray Drilling Consultants Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Moray Drilling Consultants Limited. You consider that Moray Drilling Consultants Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Moray Drilling Consultants Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
RITSONS Chartered Accountants
103 High Street ELGIN Moray IV30 1EB
18 August 2022
Moray Drilling Consultants Limited
Statement of Financial Position
31 May 2022
2022
2021
£
£
£
Fixed assets
2,183
2,377
-------
-------
Current assets
254,075
195,337
Prepayments and accrued income
422
422
---------
---------
254,497
195,759
Creditors: amounts falling due within one year
30,354
13,903
---------
---------
Net current assets
224,143
181,856
---------
---------
Total assets less current liabilities
226,326
184,233
Accruals and deferred income
1,480
1,320
---------
---------
224,846
182,913
---------
---------
Capital and reserves
224,846
182,913
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2021: 1 ).
For the year ending 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 18 August 2022 , and are signed on behalf of the board by:
Stanley Stuart
Director
Company registration number: SC505307
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 15 Hardhillock Avenue, New Elgin, Elgin, Moray, IV30 6UG.