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REGISTERED NUMBER: SC217738 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

D MURRIN UPHOLSTERY LIMITED

D MURRIN UPHOLSTERY LIMITED (REGISTERED NUMBER: SC217738)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2023




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


D MURRIN UPHOLSTERY LIMITED (REGISTERED NUMBER: SC217738)

ABRIDGED BALANCE SHEET
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 609 812

CURRENT ASSETS
Stocks 4,641 4,228
Debtors 1,540 1,600
6,181 5,828
CREDITORS
Amounts falling due within one year 6,465 6,320
NET CURRENT LIABILITIES (284 ) (492 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

325

320

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 323 318
SHAREHOLDERS' FUNDS 325 320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

D MURRIN UPHOLSTERY LIMITED (REGISTERED NUMBER: SC217738)

ABRIDGED BALANCE SHEET - continued
30 April 2023



The financial statements were approved by the director and authorised for issue on 19 October 2023 and were signed by:





D Murrin - Director


D MURRIN UPHOLSTERY LIMITED (REGISTERED NUMBER: SC217738)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

D Murrin Upholstery Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC217738

Registered office: 22 Backbrae Street
Kilsyth
G65 0NH

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover and revenue recognition
Turnover represents net invoiced sales upholstery goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

D MURRIN UPHOLSTERY LIMITED (REGISTERED NUMBER: SC217738)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2022
and 30 April 2023 24,000
DEPRECIATION
At 1 May 2022 23,188
Charge for year 203
At 30 April 2023 23,391
NET BOOK VALUE
At 30 April 2023 609
At 30 April 2022 812

5. ULTIMATE CONTROLLING PARTY

The Director owns and controls the company.