IRIS Accounts Production v24.2.0.383 SC733655 Board of Directors 1.6.23 31.5.24 31.5.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC7336552023-05-31SC7336552024-05-31SC7336552023-06-012024-05-31SC7336552022-05-25SC7336552022-05-262023-05-31SC7336552023-05-31SC733655ns15:Scotland2023-06-012024-05-31SC733655ns14:PoundSterling2023-06-012024-05-31SC733655ns10:Director12023-06-012024-05-31SC733655ns10:PrivateLimitedCompanyLtd2023-06-012024-05-31SC733655ns10:SmallEntities2023-06-012024-05-31SC733655ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-31SC733655ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-31SC733655ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-31SC733655ns10:FullAccounts2023-06-012024-05-31SC733655ns10:Director22023-06-012024-05-31SC733655ns10:RegisteredOffice2023-06-012024-05-31SC733655ns5:CurrentFinancialInstruments2024-05-31SC733655ns5:CurrentFinancialInstruments2023-05-31SC733655ns5:ShareCapital2024-05-31SC733655ns5:ShareCapital2023-05-31SC733655ns5:RetainedEarningsAccumulatedLosses2024-05-31SC733655ns5:RetainedEarningsAccumulatedLosses2023-05-31SC733655ns5:PlantMachinery2023-05-31SC733655ns5:PlantMachinery2023-06-012024-05-31SC733655ns5:PlantMachinery2024-05-31SC733655ns5:PlantMachinery2023-05-31SC733655ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-31SC733655ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31
REGISTERED NUMBER: SC733655 (Scotland)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Print Mhor Limited

Print Mhor Limited (Registered number: SC733655)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Print Mhor Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Miss S Mackinnon
Ms L Mackinnon





REGISTERED OFFICE: Ground Floor
120 George Street
Oban
PA34 5NT





REGISTERED NUMBER: SC733655 (Scotland)





ACCOUNTANTS: Mackay & Co CA
120 George Street
Oban
Argyll
PA34 5NT

Print Mhor Limited (Registered number: SC733655)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,799 19,697

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 22,086 18,929
Cash at bank and in hand 82,238 87,527
109,324 111,456
CREDITORS
Amounts falling due within one year 6 55,070 81,457
NET CURRENT ASSETS 54,254 29,999
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,053

49,696

CAPITAL AND RESERVES
Called up share capital 195 195
Retained earnings 79,858 49,501
80,053 49,696

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

Print Mhor Limited (Registered number: SC733655)

Balance Sheet - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 16 August 2024 and were signed on its behalf by:





Ms L Mackinnon - Director


Print Mhor Limited (Registered number: SC733655)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Print Mhor 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 each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

Print Mhor Limited (Registered number: SC733655)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 23,385
Additions 10,814
At 31 May 2024 34,199
DEPRECIATION
At 1 June 2023 3,688
Charge for year 4,712
At 31 May 2024 8,400
NET BOOK VALUE
At 31 May 2024 25,799
At 31 May 2023 19,697

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 20,361 17,204
Other debtors 1,725 1,725
22,086 18,929

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors - 2,649
Taxation and social security 12,688 11,400
Other creditors 42,382 67,408
55,070 81,457