REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 August 2021 |
for |
Marnor Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 August 2021 |
for |
Marnor Ltd |
Marnor Ltd (Registered number: SC430888) |
Contents of the Financial Statements |
for the Year Ended 31 August 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Marnor Ltd |
Company Information |
for the Year Ended 31 August 2021 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
19 Hillcroft Road |
Banchory |
Kincardineshire |
AB31 5TF |
Marnor Ltd (Registered number: SC430888) |
Balance Sheet |
31 August 2021 |
31.8.21 | 31.8.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS/(LIABILITIES) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | 9 | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges her 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. |
Marnor Ltd (Registered number: SC430888) |
Balance Sheet - continued |
31 August 2021 |
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 and authorised for issue on |
Marnor Ltd (Registered number: SC430888) |
Notes to the Financial Statements |
for the Year Ended 31 August 2021 |
1. | STATUTORY INFORMATION |
Marnor Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents invoiced sale of goods and services. |
Tangible fixed assets |
Plant and machinery etc | - |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet and are depreciated over their estimated useful lives. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 September 2020 |
Additions |
Disposals | ( |
) |
At 31 August 2021 |
DEPRECIATION |
At 1 September 2020 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 August 2021 |
NET BOOK VALUE |
At 31 August 2021 |
At 31 August 2020 |
Marnor Ltd (Registered number: SC430888) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2021 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.21 | 31.8.20 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.21 | 31.8.20 |
£ | £ |
Bank loans and overdrafts (see note 8) |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.8.21 | 31.8.20 |
£ | £ |
Bank loans (see note 8) |
Hire purchase contracts |
8. | LOANS |
An analysis of the maturity of loans is given below: |
31.8.21 | 31.8.20 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank loans |
Amounts falling due between two and five years: |
Bank loans - 2-5 years |
Included in loans is an unsecured bounce back loan from Barclays Bank. The loan is interest free for twelve months to 7 June 2021, and is then subject to annual interest at 2.5%. The loan is guaranteed by the government. |
Marnor Ltd (Registered number: SC430888) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2021 |
9. | RESERVES |
Retained |
earnings |
£ |
At 1 September 2020 | ( |
) |
Profit for the year |
Dividends | ( |
) |
At 31 August 2021 |
10. | RELATED PARTY DISCLOSURES |
The company operated a director's loan account during the accounting period. Balance was Nil at the year end date of 31 August 2021. (2020: £41,143 in credit). |