IRIS Accounts Production v24.1.0.576 SC571432 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5714322022-07-31SC5714322023-07-31SC5714322022-08-012023-07-31SC5714322021-07-31SC5714322021-08-012022-07-31SC5714322022-07-31SC571432ns15:Scotland2022-08-012023-07-31SC571432ns14:PoundSterling2022-08-012023-07-31SC571432ns10:Director12022-08-012023-07-31SC571432ns10:PrivateLimitedCompanyLtd2022-08-012023-07-31SC571432ns10:SmallEntities2022-08-012023-07-31SC571432ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-31SC571432ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-31SC571432ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-31SC571432ns10:AbridgedAccounts2022-08-012023-07-31SC571432ns10:Director22022-08-012023-07-31SC571432ns10:RegisteredOffice2022-08-012023-07-31SC571432ns5:CurrentFinancialInstruments2023-07-31SC571432ns5:CurrentFinancialInstruments2022-07-31SC571432ns5:Non-currentFinancialInstruments2023-07-31SC571432ns5:Non-currentFinancialInstruments2022-07-31SC571432ns5:ShareCapital2023-07-31SC571432ns5:ShareCapital2022-07-31SC571432ns5:RetainedEarningsAccumulatedLosses2023-07-31SC571432ns5:RetainedEarningsAccumulatedLosses2022-07-31SC571432ns5:FurnitureFittings2022-08-012023-07-31SC571432ns5:MotorVehicles2022-08-012023-07-31SC571432ns5:ComputerEquipment2022-08-012023-07-31SC5714321ns10:Director12022-07-31SC5714321ns10:Director12021-07-31SC5714321ns10:Director12022-08-012023-07-31SC5714321ns10:Director12021-08-012022-07-31SC5714321ns10:Director12023-07-31SC5714321ns10:Director12022-07-31SC571432ns10:Director222022-07-31SC571432ns10:Director222021-07-31SC571432ns10:Director222022-08-012023-07-31SC571432ns10:Director222021-08-012022-07-31SC571432ns10:Director222023-07-31SC571432ns10:Director222022-07-31
REGISTERED NUMBER: SC571432 (Scotland)















Financial Statements for the Year Ended 31 July 2023

for

Moo & Peck Limited

Moo & Peck Limited (Registered number: SC571432)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Moo & Peck Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mrs H Jackson
G Jackson





REGISTERED OFFICE: House of Aigas
Aigas
Beauly
Inverness
IV4 7AD





REGISTERED NUMBER: SC571432 (Scotland)





ACCOUNTANTS: Highland Accountancy Practice
Chartered Accountants
Suite 1A, Willow House
Stoneyfield Business Park
Inverness
Highland
IV2 7PA

Moo & Peck Limited (Registered number: SC571432)

Abridged Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,503 892

CURRENT ASSETS
Stocks 844 2,200
Debtors 7,366 4,184
Cash at bank 6,345 3,267
14,555 9,651
CREDITORS
Amounts falling due within one year 16,796 4,249
NET CURRENT (LIABILITIES)/ASSETS (2,241 ) 5,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,262

6,294

CREDITORS
Amounts falling due after more than one
year

9,164

-
NET ASSETS 2,098 6,294

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings 2,093 6,289
SHAREHOLDERS' FUNDS 2,098 6,294

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Moo & Peck Limited (Registered number: SC571432)

Abridged Balance Sheet - continued
31 July 2023


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 31 July 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.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by:





Mrs H Jackson - Director


Moo & Peck Limited (Registered number: SC571432)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Moo & Peck Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and Fittings - 25% on reducing balance
Motor Vehicles - 25% on reducing balance
Office Equipment - 33% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation, impairment losses, and reversals of impairment losses (where applicable).

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.

Moo & Peck Limited (Registered number: SC571432)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

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 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022 3,909
Additions 17,250
At 31 July 2023 21,159
DEPRECIATION
At 1 August 2022 3,017
Charge for year 4,639
At 31 July 2023 7,656
NET BOOK VALUE
At 31 July 2023 13,503
At 31 July 2022 892

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
Additions 17,250
At 31 July 2023 17,250
DEPRECIATION
Charge for year 4,313
At 31 July 2023 4,313
NET BOOK VALUE
At 31 July 2023 12,937

Moo & Peck Limited (Registered number: SC571432)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

31.7.23 31.7.22
£    £   
Mrs H Jackson
Balance outstanding at start of year (213 ) (2,242 )
Amounts advanced 3,325 5,129
Amounts repaid (14,337 ) (3,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (11,225 ) (213 )

G Jackson
Balance outstanding at start of year (213 ) (4,690 )
Amounts advanced 845 6,477
Amounts repaid (1,965 ) (2,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,333 ) (213 )