MERCHANT CITY REFRIGERATION (SCOTLAND) LTD.

Company Registration Number:
SC248824 (Scotland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

MERCHANT CITY REFRIGERATION (SCOTLAND) LTD.

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

MERCHANT CITY REFRIGERATION (SCOTLAND) LTD.

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 35,249 37,290
Total fixed assets: 35,249 37,290
Current assets
Stocks: 3,000 3,000
Debtors: 4 53,430 91,518
Cash at bank and in hand: 291,466 198,496
Total current assets: 347,896 293,014
Creditors: amounts falling due within one year: 5 (55,395) (53,722)
Net current assets (liabilities): 292,501 239,292
Total assets less current liabilities: 327,750 276,582
Provision for liabilities: (8,812) (4,904)
Total net assets (liabilities): 318,938 271,678
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 318,934 271,674
Shareholders funds: 318,938 271,678

The notes form part of these financial statements

MERCHANT CITY REFRIGERATION (SCOTLAND) LTD.

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 January 2025
and signed on behalf of the board by:

Name: G HENDERSON
Status: Director

The notes form part of these financial statements

MERCHANT CITY REFRIGERATION (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciationis provided at the following annual rates in order to write off each asset over its estimated useful life : Plant & machinery etc -25% on reducing balance

Valuation and information policy

Stocks are valued at the lower of cost and net realisible value

MERCHANT CITY REFRIGERATION (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

MERCHANT CITY REFRIGERATION (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 76,820
Additions 14,753
Disposals (29,577)
At 30 April 2024 61,996
Depreciation
At 01 May 2023 39,530
Charge for year 11,884
On disposals (24,667)
At 30 April 2024 26,747
Net book value
At 30 April 2024 35,249
At 30 April 2023 37,290

MERCHANT CITY REFRIGERATION (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

MERCHANT CITY REFRIGERATION (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

The amount due of £55395 is made up as follows : Trade creditors £11137 Taxation & social security £43196 Other creditors £1062