MOTAYR LTD.
Unaudited accounts
Contents
MOTAYR LTD.
Company Information
for the period from 1 July 2022 to 29 June 2023
Company Number
SC401703 (Scotland)
Registered Office
UNIT 4, 1 BOUNDARY ROAD
HEATHFIELD INDUSTRIAL ESTATE
AYR
KA8 9DJ
SCOTLAND
Accountants
W Wilson Millar Ltd
32 Moorfield Road
Prestwick
KA9 2HW
MOTAYR LTD.
Statement of financial position
as at 29 June 2023
Tangible assets
17,447
22,477
Cash at bank and in hand
2,786
3,116
Creditors: amounts falling due within one year
(98,046)
(47,355)
Net current liabilities
(1,521)
(10,107)
Total assets less current liabilities
15,926
12,370
Creditors: amounts falling due after more than one year
(15,000)
(21,000)
Net assets/(liabilities)
926
(8,630)
Called up share capital
100
100
Profit and loss account
826
(8,730)
Shareholders' funds
926
(8,630)
For the period ending 29 June 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 29 June 2024 and were signed on its behalf by
Kevin Storrie
Director
Company Registration No. SC401703
MOTAYR LTD.
Notes to the Accounts
for the period from 1 July 2022 to 29 June 2023
MOTAYR LTD. is a private company, limited by shares, registered in Scotland, registration number SC401703. The registered office is UNIT 4, 1 BOUNDARY ROAD, HEATHFIELD INDUSTRIAL ESTATE, AYR, KA8 9DJ, 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.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2022
41,346
20,164
61,510
At 29 June 2023
41,346
20,164
61,510
At 1 July 2022
27,457
11,576
39,033
Charge for the period
3,205
1,825
5,030
At 29 June 2023
30,662
13,401
44,063
At 29 June 2023
10,684
6,763
17,447
At 30 June 2022
13,889
8,588
22,477
MOTAYR LTD.
Notes to the Accounts
for the period from 1 July 2022 to 29 June 2023
Amounts falling due within one year
Accrued income and prepayments
2,390
2,390
Other debtors
91,349
31,742
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,000
6,000
Trade creditors
4,361
3,371
Taxes and social security
57,794
19,277
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the period the average number of employees was 3 (2022: 3).