MUIREND FARMING COMPANY LIMITED

Company Registration Number:
SC033965 (Scotland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

MUIREND FARMING COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

MUIREND FARMING COMPANY LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 750,000 750,000
Tangible assets: 4 8,210 10,977
Total fixed assets: 758,210 760,977
Current assets
Stocks: 2,000 2,000
Debtors:   28,490 22,634
Cash at bank and in hand: 122,137 118,472
Total current assets: 152,627 143,106
Creditors: amounts falling due within one year:   (149,467) (155,441)
Net current assets (liabilities): 3,160 (12,335)
Total assets less current liabilities: 761,370 748,642
Total net assets (liabilities): 761,370 748,642
Capital and reserves
Called up share capital: 10,000 10,000
Revaluation reserve:5776,898776,898
Profit and loss account: (25,528) (38,256)
Shareholders funds: 761,370 748,642

The notes form part of these financial statements

MUIREND FARMING COMPANY LIMITED

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 17 January 2025
and signed on behalf of the board by:

Name: Morag P Cadzow
Status: Director

The notes form part of these financial statements

MUIREND FARMING COMPANY LIMITED

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

MUIREND FARMING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

MUIREND FARMING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 750,000
At 30 April 2024 750,000
Amortisation
At 01 May 2023 0
At 30 April 2024 0
Net book value
At 30 April 2024 750,000
At 30 April 2023 750,000

MUIREND FARMING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 61,957
At 30 April 2024 61,957
Depreciation
At 01 May 2023 50,980
Charge for year 2,767
At 30 April 2024 53,747
Net book value
At 30 April 2024 8,210
At 30 April 2023 10,977

MUIREND FARMING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Revaluation reserve

2024
£
Balance at 01 May 2023 776,898
Surplus or deficit after revaluation 0
Balance at 30 April 2024 776,898