Company Registration No. SC268266 (Scotland)
Moycroft Contracting Limited
Unaudited accounts
for the year ended 30 September 2023
Moycroft Contracting Limited
Unaudited accounts
Contents
Moycroft Contracting Limited
Company Information
for the year ended 30 September 2023
Company Number
SC268266 (Scotland)
Registered Office
UNIT 7 CHANORY SPUR
CHANORY INDUSTRIAL ESTATE
MOYCROFT ELGIN
MORAYSHIRE
IV30 6ND
Accountants
Sheryl Dyer
19 Hedge Road
Garmouth
Fochabers
IV32 7NU
Moycroft Contracting Limited
Statement of financial position
as at 30 September 2023
Tangible assets
223,239
222,877
Cash at bank and in hand
4,558
26,259
Creditors: amounts falling due within one year
(51,700)
(117,533)
Net current assets/(liabilities)
20,013
(21,122)
Total assets less current liabilities
243,252
201,755
Creditors: amounts falling due after more than one year
(15,167)
(15,167)
Net assets
228,085
186,588
Called up share capital
32,015
32,015
Profit and loss account
196,070
154,573
Shareholders' funds
228,085
186,588
For the year ending 30 September 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 2024 and were signed on its behalf by
Ian Wilson
Director
Company Registration No. SC268266
Moycroft Contracting Limited
Notes to the Accounts
for the year ended 30 September 2023
Moycroft Contracting Limited is a private company, limited by shares, registered in Scotland, registration number SC268266. The registered office is UNIT 7 CHANORY SPUR, CHANORY INDUSTRIAL ESTATE, MOYCROFT ELGIN, MORAYSHIRE, IV30 6ND.
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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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
586,453
160,865
-
747,318
Additions
-
3,745
317
4,062
At 30 September 2023
586,453
164,610
317
751,380
At 1 October 2022
386,917
137,524
-
524,441
On disposals
-
3,700
-
3,700
At 30 September 2023
386,917
141,224
-
528,141
At 30 September 2023
199,536
23,386
317
223,239
At 30 September 2022
199,536
23,341
-
222,877
Amounts falling due within one year
Trade debtors
54,742
50,771
Moycroft Contracting Limited
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
22,970
32,910
Obligations under finance leases and hire purchase contracts
(2,579)
14,000
Trade creditors
31,172
15,220
Taxes and social security
3,245
2,880
Other creditors
(18,283)
6,964
Loans from directors
15,175
45,559
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Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
15,167
15,167
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Average number of employees
During the year the average number of employees was 0 (2022: 0).