Company Registration No. SC536684 (Scotland)
C M FEARON LIMITED
Unaudited accounts
for the year ended 31 May 2023
C M FEARON LIMITED
Unaudited accounts
Contents
C M FEARON LIMITED
Company Information
for the year ended 31 May 2023
Director
Caroline Margaret Doney
Company Number
SC536684 (Scotland)
Registered Office
10 WEMYSS PLACE WEMYSS PLACE
PORT SETON
PRESTONPANS
EAST LOTHIAN
EH32 0DW
SCOTLAND
C M FEARON LIMITED
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
5,083
12,516
Creditors: amounts falling due within one year
(5,815)
(22,855)
Net current assets
4,775
7,616
Profit and loss account
5,155
8,254
Shareholders' funds
5,155
8,254
For the year ending 31 May 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 her 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 17 February 2024 and were signed on its behalf by
Caroline Margaret Doney
Director
Company Registration No. SC536684
C M FEARON LIMITED
Notes to the Accounts
for the year ended 31 May 2023
C M FEARON LIMITED is a private company, limited by shares, registered in Scotland, registration number SC536684. The registered office is 10 WEMYSS PLACE WEMYSS PLACE, PORT SETON, PRESTONPANS, EAST LOTHIAN, EH32 0DW, SCOTLAND.
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.
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:
Computer equipment
20% straight line calculation
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
559
729
1,288
At 31 May 2023
559
729
1,288
At 1 June 2022
112
538
650
Charge for the year
112
146
258
At 31 May 2023
224
684
908
At 31 May 2022
447
191
638
Amounts falling due within one year
Other debtors
5,507
17,955
C M FEARON LIMITED
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,770
15,326
Proposed dividends
-
7,484
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).