1 June 2022 false No description of principal activity Taxfiler 2024.5 SC203820business:PrivateLimitedCompanyLtd2022-06-012023-05-29 SC2038202022-05-31 SC2038202022-06-012023-05-29 SC203820business:AuditExemptWithAccountantsReport2022-06-012023-05-29 SC203820business:FilletedAccounts2022-06-012023-05-29 SC2038202023-05-29 SC203820business:Director12022-06-012023-05-29 SC203820business:Director22022-06-012023-05-29 SC203820business:RegisteredOffice2022-06-012023-05-29 SC2038202022-05-31 SC203820core:WithinOneYear2023-05-29 SC203820core:WithinOneYear2022-05-31 SC203820core:AfterOneYear2023-05-29 SC203820core:AfterOneYear2022-05-31 SC203820core:ShareCapitalcore:PreviouslyStatedAmount2023-05-29 SC203820core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 SC203820core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-29 SC203820core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 SC203820core:PreviouslyStatedAmount2023-05-29 SC203820core:PreviouslyStatedAmount2022-05-31 SC203820business:SmallEntities2022-06-012023-05-29 SC203820countries:Scotland2022-06-012023-05-29 SC203820core:PlantMachinery2022-06-012023-05-29 SC203820core:Goodwill2022-05-31 SC203820core:Goodwill2023-05-29 SC203820core:PlantMachinery2022-05-31 SC203820core:PlantMachinery2023-05-29 SC203820business:Director112022-06-012023-05-29 SC203820business:Director112022-05-31 SC203820business:Director112023-05-29 SC203820business:Director222022-06-012023-05-29 SC203820business:Director222022-05-31 SC203820business:Director222023-05-29 SC2038202021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC203820 (Scotland)
Moray Catering Equipment Ltd Accounts for the period from 1 June 2022 to 29 May 2023
Moray Catering Equipment Ltd Accounts Contents
Page
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Moray Catering Equipment Ltd Company Information for the period from 1 June 2022 to 29 May 2023
Directors
Alan Finlay Alan Murphy
Company Number
SC203820 (Scotland)
Registered Office
1 Chanonry Road South Elgin Moray IV30 6NG
Accountants
Cameron Consulting (Scotland) Ltd 7 Poles Road Dornoch IV25 3HP
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Moray Catering Equipment Ltd Statement of financial position as at 29 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,604 
1,975 
Current assets
Inventories
55,808 
16,401 
Debtors
97,662 
96,930 
Cash at bank and in hand
8,642 
11,654 
162,112 
124,985 
Creditors: amounts falling due within one year
(135,910)
(98,428)
Net current assets
26,202 
26,557 
Total assets less current liabilities
27,806 
28,532 
Creditors: amounts falling due after more than one year
(36,117)
(37,500)
Net liabilities
(8,311)
(8,968)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(8,313)
(8,970)
Shareholders' funds
(8,311)
(8,968)
For the period ending 29 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 directors acknowledge their 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 of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by
Alan Finlay Director Company Registration No. SC203820
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Moray Catering Equipment Ltd Notes to the Accounts for the period from 1 June 2022 to 29 May 2023
1
Statutory information
Moray Catering Equipment Ltd is a private company, limited by shares, registered in Scotland, registration number SC203820. The registered office is 1 Chanonry Road South, Elgin, Moray, IV30 6NG.
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 remained unchanged from the previous period, and also 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:
Plant & machinery
20% to 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 1 June 2022
60,000 
At 29 May 2023
60,000 
Amortisation
At 1 June 2022
60,000 
At 29 May 2023
60,000 
Net book value
At 29 May 2023
- 
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Moray Catering Equipment Ltd Notes to the Accounts for the period from 1 June 2022 to 29 May 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2022
22,802 
At 29 May 2023
22,802 
Depreciation
At 1 June 2022
20,827 
Charge for the period
371 
At 29 May 2023
21,198 
Net book value
At 29 May 2023
1,604 
At 31 May 2022
1,975 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
71,142 
44,034 
Accrued income and prepayments
- 
440 
Other debtors
26,520 
52,456 
97,662 
96,930 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,101 
VAT
26,927 
8,730 
Trade creditors
69,504 
69,480 
Amounts owed to group undertakings and other participating interests
13,312 
- 
Taxes and social security
9,093 
4,927 
Other creditors
2,021 
5,190 
Accruals
5,053 
- 
135,910 
98,428 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
36,117 
37,500 
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Moray Catering Equipment Ltd Notes to the Accounts for the period from 1 June 2022 to 29 May 2023
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Alan Finlay
Loan
20,625 
- 
7,257 
13,368 
Alan Murphy
Loan
20,625 
- 
7,473 
13,152 
41,250 
- 
14,730 
26,520 
10
Average number of employees
During the period the average number of employees was 5 (2022: 3).
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