Mapken Limited Small abridged accounts

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Statement of Consent to Prepare Abridged Financial Statements

All of the members of Mapken Limited have consented to the preparation of the abridged income statement and the abridged statement of financial position for the year ending 30 November 2018 in accordance with Section 444(2A) of the Companies Act 2006.

COMPANY REGISTRATION NUMBER: SC436324

Mapken Limited

Filleted Unaudited Abridged Financial Statements

30 November 2018

Mapken Limited

Abridged Financial Statements

Year Ended 30 November 2018

Contents	Page

Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements	1

Abridged Statement of Financial Position	2

Notes to the Abridged Financial Statements	3

Mapken Limited

Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of Mapken Limited

Year Ended 30 November 2018

As described on the abridged statement of financial position, the directors of the company are responsible for the preparation of the abridged financial statements for the year ended 30 November 2018, which comprise the abridged statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

DC CONSULTING (WWW.DCCONSULT.CO.UK) Chartered accountant

29 August 2019

Mapken Limited

Abridged Statement of Financial Position

30 November 2018

	2018		2017
Note	£	£	£

Current Assets

Debtors	100		27,100
	----		--------
Net Current Assets		100	27,100
		----	--------
Total Assets Less Current Liabilities		100	27,100
		----	--------

Capital and Reserves

Called up share capital	133	133
Share premium account	26,967	26,967
Profit and loss account	( 27,000)	–
	--------	--------
Shareholders Funds	100	27,100
	--------	--------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged income statement has not been delivered.

For the year ending 30 November 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

These abridged financial statements were approved by the board of directors and authorised for issue on 29 August 2019 , and are signed on behalf of the board by:

Mr K Pirie	Mr M Pirrie
Director	Director

Company registration number: SC436324

Mapken Limited

Notes to the Abridged Financial Statements

Year Ended 30 November 2018

1. General Information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Seabraes, 18 Greenmarket, Dundee, DD1 4QB, Scotland.

2. Statement of Compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Income Statement

The company is dormant as defined by section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year or prior year.

Judgements and Key Sources of Estimation Uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Financial Instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

4. Related Party Transactions

The company was under the control of Mr M Pirrie and Mr K Pirie throughout the current year. Mr M Pirrie and Mr K Pirie are the managing directors and shareholders. At the year end, the company was due £Nil (2017 - £27,000) from Seabraes Limiteda company of which Mr K Pirie and Mr M Pirrie are directors. There is currently no interest accruing on the loan and this loan is repayable on demand.