19 January 2022 false No description of principal activity Taxfiler 2023.10 SC720337business:PrivateLimitedCompanyLtd2022-01-192023-04-30 SC7203372022-01-18 SC7203372022-01-192023-04-30 SC720337business:AuditExemptWithAccountantsReport2022-01-192023-04-30 SC720337business:FilletedAccounts2022-01-192023-04-30 SC7203372023-04-30 SC720337business:Director12022-01-192023-04-30 SC720337business:RegisteredOffice2022-01-192023-04-30 SC720337core:WithinOneYear2023-04-30 SC720337core:AfterOneYear2023-04-30 SC720337core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 SC720337core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 SC720337core:PreviouslyStatedAmount2023-04-30 SC720337business:SmallEntities2022-01-192023-04-30 SC720337countries:Scotland2022-01-192023-04-30 SC720337core:MotorVehicles2022-01-192023-04-30 SC720337core:FurnitureFittings2022-01-192023-04-30 SC720337core:ComputerEquipment2022-01-192023-04-30 SC720337core:Goodwill2022-01-18 SC720337core:Goodwill2022-01-192023-04-30 SC720337core:Goodwill2023-04-30 SC720337core:MotorVehicles2022-01-18 SC720337core:FurnitureFittings2022-01-18 SC720337core:MotorVehicles2023-04-30 SC720337core:FurnitureFittings2023-04-30 iso4217:GBP xbrli:pure
Company Registration No. SC720337 (Scotland)
Murray John & Associates Ltd Unaudited accounts for the period from 19 January 2022 to 30 April 2023
Murray John & Associates Ltd Unaudited accounts Contents
Page
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Murray John & Associates Ltd Company Information for the period from 19 January 2022 to 30 April 2023
Director
Ian Murray John
Company Number
SC720337 (Scotland)
Registered Office
7 Cumberland Street Edinburgh EH3 6RT UK
Accountants
Rosebery Accountants & Business Advisors 23 Melville Street Edinburgh EH3 7PE
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Murray John & Associates Ltd Statement of financial position as at 30 April 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
1,763,200 
Tangible assets
89,500 
1,852,700 
Current assets
Cash at bank and in hand
46,856 
Creditors: amounts falling due within one year
(116,978)
Net current liabilities
(70,122)
Total assets less current liabilities
1,782,578 
Creditors: amounts falling due after more than one year
(75,760)
Net assets
1,706,818 
Capital and reserves
Called up share capital
1,600,100 
Profit and loss account
106,718 
Shareholders' funds
1,706,818 
For the period ending 30 April 2023 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 21 August 2023 and were signed on its behalf by
Ian Murray John Director Company Registration No. SC720337
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Murray John & Associates Ltd Notes to the Accounts for the period from 19 January 2022 to 30 April 2023
1
Statutory information
Murray John & Associates Ltd is a private company, limited by shares, registered in Scotland, registration number SC720337. The registered office is 7 Cumberland Street, Edinburgh, EH3 6RT, UK.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 19 January 2022
- 
Additions
1,794,400 
At 30 April 2023
1,794,400 
Amortisation
At 19 January 2022
- 
Charge for the period
31,200 
At 30 April 2023
31,200 
Net book value
At 30 April 2023
1,763,200 
The company purchased the goodwill of the former unincorporated business of Murray John & Associates for its market valuation of £1.6m. In the opinion of the director, the continued profitability of the company indicates that there has been no reduction in the value of this goodwill and accordingly no amortisation has been provided. Goodwill purchased from unconnected parties is being written down over five years in equal instalments.
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Murray John & Associates Ltd Notes to the Accounts for the period from 19 January 2022 to 30 April 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 19 January 2022
- 
- 
- 
Additions
92,000 
27,333 
119,333 
At 30 April 2023
92,000 
27,333 
119,333 
Depreciation
Charge for the period
23,000 
6,833 
29,833 
At 30 April 2023
23,000 
6,833 
29,833 
Net book value
At 30 April 2023
69,000 
20,500 
89,500 
6
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
45,733 
Obligations under finance leases and hire purchase contracts
17,633 
Taxes and social security
53,484 
Other creditors
61 
Loans from directors
67 
116,978 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
33,211 
Obligations under finance leases and hire purchase contracts
42,549 
75,760 
8
Average number of employees
During the period the average number of employees was 5.
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