Company Registration No. SC268266 (Scotland)
Moycroft Contracting Limited
Unaudited accounts
for the year ended 30 September 2022
Moycroft Contracting Limited
Unaudited accounts
Contents
Moycroft Contracting Limited
Company Information
for the year ended 30 September 2022
Company Number
SC268266 (Scotland)
Registered Office
UNIT 7 CHANORY SPUR
CHANORY INDUSTRIAL ESTATE
MOYCROFT ELGIN
MORAYSHIRE
IV30 6ND
Accountants
Sheryl Dyer
19 Hedge Road
Garmouth
Fochabers
IV32 7NU
Moycroft Contracting Limited
Statement of financial position
as at 30 September 2022
Tangible assets
222,877
220,120
Cash at bank and in hand
26,259
24,872
Creditors: amounts falling due within one year
(117,533)
(157,386)
Net current liabilities
(21,122)
(51,475)
Total assets less current liabilities
201,755
168,645
Creditors: amounts falling due after more than one year
(15,167)
(29,167)
Net assets
186,588
139,478
Called up share capital
32,015
32,015
Profit and loss account
154,573
107,463
Shareholders' funds
186,588
139,478
For the year ending 30 September 2022 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.
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.
The financial statements were approved by the Board and authorised for issue on 30 September 2023 and were signed on its behalf by
Ian Wilson
Director
Company Registration No. SC268266
Moycroft Contracting Limited
Notes to the Accounts
for the year ended 30 September 2022
Moycroft Contracting Limited is a private company, limited by shares, registered in Scotland, registration number SC268266. The registered office is UNIT 7 CHANORY SPUR, CHANORY INDUSTRIAL ESTATE, MOYCROFT ELGIN, MORAYSHIRE, IV30 6ND.
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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 remained unchanged from the previous year, and also 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.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2021
560,703
140,865
701,568
Additions
25,750
20,000
45,750
At 30 September 2022
586,453
160,865
747,318
At 1 October 2021
351,705
129,743
481,448
Charge for the year
35,212
7,781
42,993
At 30 September 2022
386,917
137,524
524,441
At 30 September 2022
199,536
23,341
222,877
At 30 September 2021
208,998
11,122
220,120
Amounts falling due within one year
Trade debtors
50,771
69,017
Moycroft Contracting Limited
Notes to the Accounts
for the year ended 30 September 2022
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Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
32,910
42,604
Obligations under finance leases and hire purchase contracts
14,000
14,000
Trade creditors
15,220
25,771
Taxes and social security
2,880
6,950
Other creditors
6,964
6,046
Loans from directors
45,559
62,015
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Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
15,167
29,167
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Average number of employees
During the year the average number of employees was 0 (2021: 0).