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
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
Moray Catering Equipment Ltd
Statement of financial position
as at 29 May 2023
Tangible assets
1,604
1,975
Cash at bank and in hand
8,642
11,654
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)
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
Moray Catering Equipment Ltd
Notes to the Accounts
for the period from 1 June 2022 to 29 May 2023
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.
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.
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:
Plant & machinery
20% to 25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
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
Amounts falling due within one year
Trade debtors
71,142
44,034
Accrued income and prepayments
-
440
Other debtors
26,520
52,456
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,101
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
8
Creditors: amounts falling due after more than one year
2023
2022
Moray Catering Equipment Ltd
Notes to the Accounts
for the period from 1 June 2022 to 29 May 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
20,625
-
7,257
13,368
Loan
20,625
-
7,473
13,152
10
Average number of employees
During the period the average number of employees was 5 (2022: 3).