30 May 2023 false No description of principal activity Taxfiler 2024.7 SC203820business:PrivateLimitedCompanyLtd2023-05-302024-05-29 SC2038202023-05-29 SC2038202023-05-302024-05-29 SC203820business:AuditExemptWithAccountantsReport2023-05-302024-05-29 SC203820business:FilletedAccounts2023-05-302024-05-29 SC2038202024-05-29 SC203820business:Director12023-05-302024-05-29 SC203820business:Director22023-05-302024-05-29 SC203820business:RegisteredOffice2023-05-302024-05-29 SC2038202023-05-29 SC203820core:WithinOneYear2024-05-29 SC203820core:WithinOneYear2023-05-29 SC203820core:AfterOneYear2024-05-29 SC203820core:AfterOneYear2023-05-29 SC203820core:ShareCapitalcore:PreviouslyStatedAmount2024-05-29 SC203820core:ShareCapitalcore:PreviouslyStatedAmount2023-05-29 SC203820core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-29 SC203820core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-29 SC203820core:PreviouslyStatedAmount2024-05-29 SC203820core:PreviouslyStatedAmount2023-05-29 SC203820business:SmallEntities2023-05-302024-05-29 SC203820countries:Scotland2023-05-302024-05-29 SC203820core:PlantMachinery2023-05-302024-05-29 SC203820core:Goodwill2023-05-29 SC203820core:Goodwill2024-05-29 SC203820core:PlantMachinery2023-05-29 SC203820core:PlantMachinery2024-05-29 SC203820business:Director112023-05-302024-05-29 SC203820business:Director112023-05-29 SC203820business:Director112024-05-29 SC203820business:Director222023-05-302024-05-29 SC203820business:Director222023-05-29 SC203820business:Director222024-05-29 SC2038202022-06-012023-05-29 iso4217:GBP xbrli:pure
Company Registration No. SC203820 (Scotland)
Moray Catering Equipment Ltd Filleted Accounts for the year ended 29 May 2024
Moray Catering Equipment Ltd Filleted Accounts Contents
Page
- 2 -
Moray Catering Equipment Ltd Company Information for the year ended 29 May 2024
Directors
Alan Finlay Alan Murphy
Company Number
SC203820 (Scotland)
Registered Office
1 Chanonry Road South Elgin Moray IV30 6NG
Accountants
Cameron Consulting (Scotland) Ltd 7 Poles Road Dornoch IV25 3HP
- 3 -
Moray Catering Equipment Ltd Statement of financial position as at 29 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,233 
1,604 
Current assets
Inventories
61,197 
55,808 
Debtors
62,079 
97,662 
Cash at bank and in hand
42,825 
8,642 
166,101 
162,112 
Creditors: amounts falling due within one year
(127,079)
(135,910)
Net current assets
39,022 
26,202 
Total assets less current liabilities
40,255 
27,806 
Creditors: amounts falling due after more than one year
(73,592)
(36,117)
Net liabilities
(33,337)
(8,311)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(33,339)
(8,313)
Shareholders' funds
(33,337)
(8,311)
For the year ending 29 May 2024 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 February 2025 and were signed on its behalf by
Alan Murphy Director Company Registration No. SC203820
- 4 -
Moray Catering Equipment Ltd Notes to the Accounts for the year ended 29 May 2024
1
Statutory information
Moray Catering Equipment Ltd is a private company, limited by shares, registered in Scotland, registration number SC203820. The registered office is 1 Chanonry Road South, Elgin, Moray, IV30 6NG.
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:
Plant & machinery
20% to 25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 30 May 2023
60,000 
At 29 May 2024
60,000 
Amortisation
At 30 May 2023
60,000 
At 29 May 2024
60,000 
Net book value
At 29 May 2024
- 
- 5 -
Moray Catering Equipment Ltd Notes to the Accounts for the year ended 29 May 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 30 May 2023
22,802 
At 29 May 2024
22,802 
Depreciation
At 30 May 2023
21,198 
Charge for the year
371 
At 29 May 2024
21,569 
Net book value
At 29 May 2024
1,233 
At 29 May 2023
1,604 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
29,840 
71,142 
Amounts due from group undertakings etc.
8,500 
- 
Other debtors
23,739 
26,520 
62,079 
97,662 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
29,621 
10,000 
VAT
20,693 
26,927 
Trade creditors
47,082 
69,504 
Amounts owed to group undertakings and other participating interests
- 
13,312 
Taxes and social security
2,850 
9,093 
Other creditors
18,240 
2,021 
Accruals
8,593 
5,053 
127,079 
135,910 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
73,592 
36,117 
- 6 -
Moray Catering Equipment Ltd Notes to the Accounts for the year ended 29 May 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Alan Finlay
Loan
13,368 
- 
31,125 
(17,757)
Alan Murphy
Loan
13,152 
6,256 
- 
19,408 
26,520 
6,256 
31,125 
1,651 
10
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 7 -