1 December 2022 false No description of principal activity Taxfiler 2024.5 SC520404business:PrivateLimitedCompanyLtd2022-12-012023-11-30 SC5204042022-11-30 SC5204042022-12-012023-11-30 SC520404business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 SC520404business:FilletedAccounts2022-12-012023-11-30 SC5204042023-11-30 SC520404business:Director12022-12-012023-11-30 SC520404business:Director22022-12-012023-11-30 SC520404business:RegisteredOffice2022-12-012023-11-30 SC5204042022-11-30 SC520404core:WithinOneYear2023-11-30 SC520404core:WithinOneYear2022-11-30 SC520404core:AfterOneYear2023-11-30 SC520404core:AfterOneYear2022-11-30 SC520404core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 SC520404core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 SC520404core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC520404core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 SC520404core:PreviouslyStatedAmount2023-11-30 SC520404core:PreviouslyStatedAmount2022-11-30 SC520404business:SmallEntities2022-12-012023-11-30 SC520404countries:Scotland2022-12-012023-11-30 SC520404core:MotorVehicles2022-12-012023-11-30 SC520404core:FurnitureFittings2022-12-012023-11-30 SC520404core:PlantMachinery2022-11-30 SC520404core:MotorVehicles2022-11-30 SC520404core:PlantMachinery2023-11-30 SC520404core:MotorVehicles2023-11-30 SC520404core:PlantMachinery2022-12-012023-11-30 SC5204042021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC520404 (Scotland)
Murray Forestry Ltd. Unaudited accounts for the year ended 30 November 2023
Murray Forestry Ltd. Unaudited accounts Contents
Page
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Murray Forestry Ltd. Company Information for the year ended 30 November 2023
Directors
P Murray F Murray
Company Number
SC520404 (Scotland)
Registered Office
19 Nicoll Drive Bankfoot Perth PH1 4BL Scotland
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Murray Forestry Ltd. Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,527 
43,659 
Current assets
Debtors
52,965 
7,902 
Cash at bank and in hand
7,742 
41,370 
60,707 
49,272 
Creditors: amounts falling due within one year
(35,105)
(18,495)
Net current assets
25,602 
30,777 
Total assets less current liabilities
52,129 
74,436 
Creditors: amounts falling due after more than one year
(28,473)
(38,274)
Net assets
23,656 
36,162 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
23,556 
36,062 
Shareholders' funds
23,656 
36,162 
For the year ending 30 November 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 20 August 2024 and were signed on its behalf by
P Murray Director Company Registration No. SC520404
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Murray Forestry Ltd. Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Murray Forestry Ltd. is a private company, limited by shares, registered in Scotland, registration number SC520404. The registered office is 19 Nicoll Drive, Bankfoot, Perth, PH1 4BL, Scotland.
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 year, 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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
43,749 
51,217 
94,966 
At 30 November 2023
43,749 
51,217 
94,966 
Depreciation
At 1 December 2022
27,686 
23,621 
51,307 
Charge for the year
10,233 
6,899 
17,132 
At 30 November 2023
37,919 
30,520 
68,439 
Net book value
At 30 November 2023
5,830 
20,697 
26,527 
At 30 November 2022
16,063 
27,596 
43,659 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
49,349 
4,286 
Other debtors
3,616 
3,616 
52,965 
7,902 
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Murray Forestry Ltd. Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
7,783 
8,746 
Obligations under finance leases and hire purchase contracts
- 
1,864 
Trade creditors
12,180 
11,599 
Taxes and social security
15,073 
10,663 
Other creditors
69 
67 
Loans from directors
- 
(14,444)
35,105 
18,495 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,473 
38,274 
8
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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