Mike Runcie Paths & Driveways Limited - Filleted accounts

Mike Runcie Paths & Driveways Limited - Filleted accounts


Mike Runcie Paths & Driveways Limited
Registered number: SC474806
Balance Sheet
as at 30 April 2019
Notes 2019 2018
£ £
Fixed assets
Tangible assets 2 4,500 9,000
Current assets
Debtors 3 3,436 11,495
Cash at bank and in hand 23,568 17,928
27,004 29,423
Creditors: amounts falling due within one year 4 (8,318) (8,139)
Net current assets 18,686 21,284
Total assets less current liabilities 23,186 30,284
Creditors: amounts falling due after more than one year 5 (4,136) (7,255)
Net assets 19,050 23,029
Capital and reserves
Called up share capital 10 10
Profit and loss account 19,040 23,019
Shareholders' funds 19,050 23,029
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M.Runcie
Director
Approved by the board on 10 January 2020
Mike Runcie Paths & Driveways Limited
Notes to the Accounts
for the year ended 30 April 2019
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Tangible fixed assets
Motor vehicles
£
Cost
At 1 May 2018 28,046
At 30 April 2019 28,046
Depreciation
At 1 May 2018 19,046
Charge for the year 4,500
At 30 April 2019 23,546
Net book value
At 30 April 2019 4,500
At 30 April 2018 9,000
3 Debtors 2019 2018
£ £
Trade debtors 3,436 11,495
4 Creditors: amounts falling due within one year 2019 2018
£ £
Trade creditors 5,212 1,550
Corporation tax 393 429
Other creditors 2,713 6,160
8,318 8,139
5 Creditors: amounts falling due after one year 2019 2018
£ £
Obligations under finance lease and hire purchase contracts (2,787) 332
Other creditors 6,923 6,923
4,136 7,255
6 Other information
Mike Runcie Paths & Driveways Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
30 Binghill Road West
Milltimber
Aberdeen
Aberdeenshire
AB13 0JB
Mike Runcie Paths & Driveways LimitedSC474806false2018-05-012019-04-302019-04-30VT Final AccountsApril 2019M.RuncieNo description of principal activitySC474806core:WithinOneYear2018-04-30SC474806core:AfterOneYear2018-04-30SC474806core:ShareCapital2018-04-30SC474806core:RetainedEarningsAccumulatedLosses2018-04-30SC4748062018-05-012019-04-30SC474806bus:PrivateLimitedCompanyLtd2018-05-012019-04-30SC474806bus:AuditExempt-NoAccountantsReport2018-05-012019-04-30SC474806bus:Director402018-05-012019-04-30SC474806core:Vehicles2018-05-012019-04-30SC474806countries:England2018-05-012019-04-30SC474806bus:FRS1022018-05-012019-04-30SC474806bus:FullAccounts2018-05-012019-04-30SC4748062019-04-30SC474806core:WithinOneYear2019-04-30SC474806core:AfterOneYear2019-04-30SC474806core:ShareCapital2019-04-30SC474806core:RetainedEarningsAccumulatedLosses2019-04-30SC474806core:Vehicles2019-04-30SC4748062018-04-30SC474806core:Vehicles2018-04-30iso4217:GBP