REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 September 2024 |
for |
MELVYN MOFFATT & CO. LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 September 2024 |
for |
MELVYN MOFFATT & CO. LIMITED |
MELVYN MOFFATT & CO. LIMITED (REGISTERED NUMBER: 00693260) |
Contents of the Financial Statements |
for the year ended 30 September 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
MELVYN MOFFATT & CO. LIMITED |
Company Information |
for the year ended 30 September 2024 |
Directors: |
Secretary: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
23 Algitha Road |
Skegness |
United Kingdom |
PE25 2AG |
MELVYN MOFFATT & CO. LIMITED (REGISTERED NUMBER: 00693260) |
Statement of Financial Position |
30 September 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investment property | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current assets/(liabilities) | ( |
) |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 7 |
Capital redemption reserve |
Retained earnings |
Shareholders' funds |
MELVYN MOFFATT & CO. LIMITED (REGISTERED NUMBER: 00693260) |
Statement of Financial Position - continued |
30 September 2024 |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors and authorised for issue on |
MELVYN MOFFATT & CO. LIMITED (REGISTERED NUMBER: 00693260) |
Notes to the Financial Statements |
for the year ended 30 September 2024 |
1. | Statutory information |
Melvyn Moffatt & Co. Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Investment property |
Total |
£ |
Fair value |
At 1 October 2023 |
Revaluations | 40,000 |
At 30 September 2024 |
Net book value |
At 30 September 2024 |
At 30 September 2023 |
Fair value at 30 September 2024 is represented by: |
£ |
Valuation in 2017 | 526,285 |
Valuation in 2018 | (59,078 | ) |
Valuation in 2019 | 25,719 |
Valuation in 2020 | (10,000 | ) |
Valuation in 2021 | 30,000 |
Valuation in 2022 | 10,000 |
Valuation in 2024 | 40,000 |
Cost | 637,074 |
1,200,000 |
The Company's investment properties were revalued on 30 September 2024 by Mr D Moffatt, a Director at their estimated market value. |
MELVYN MOFFATT & CO. LIMITED (REGISTERED NUMBER: 00693260) |
Notes to the Financial Statements - continued |
for the year ended 30 September 2024 |
5. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
6. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade creditors |
Corporation tax |
Directors' current accounts | 25,468 | 34,150 |
Accruals and deferred income |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £1 | 800 | 800 |
8. | Ultimate controlling party |
The controlling party is Mr D P Moffatt and Mrs M Moffatt. |