Company Registration No. SC572465 (Scotland)
Mull Moments Ltd
Unaudited accounts
for the year ended 31 July 2019
Mull Moments Ltd
Unaudited accounts
Contents
Mull Moments Ltd
Company Information
for the year ended 31 July 2019
Directors
Robert Dickson
Jane Dickson
Company Number
SC572465 (Scotland)
Registered Office
101 ROSE STREET SOUTH LANE, EDINBURGH
ROSE STREET SOUTH LANE
EDINBURGH
EH2 3JG
SCOTLAND
Accountants
Watts Wender Morton
6 North View
Hardwick
Aylesbury
Bucks
HP22 4EB
Mull Moments Ltd
Statement of financial position
as at 31 July 2019
Investment property
245,456
127,357
Cash at bank and in hand
12,185
74,679
Creditors: amounts falling due within one year
(258,292)
(203,370)
Net current liabilities
(246,007)
(127,577)
Net liabilities
(551)
(220)
Called up share capital
100
100
Profit and loss account
(651)
(320)
Shareholders' funds
(551)
(220)
For the year ending 31 July 2019 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.
Approved by the Board on 22 April 2020.
Robert Dickson
Director
Company Registration No. SC572465
Mull Moments Ltd
Notes to the Accounts
for the year ended 31 July 2019
Mull Moments Ltd is a private company, limited by shares, registered in Scotland, registration number SC572465. The registered office is 101 ROSE STREET SOUTH LANE, EDINBURGH, ROSE STREET SOUTH LANE, EDINBURGH, EH2 3JG, SCOTLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The accounts show the ongoing costs of building this. Interest on the loan and professional fees have been capitalised and reflected in this figure
Fair value at 1 August 2018
127,357
6
Creditors: amounts falling due within one year
2019
2018
Other creditors
257,972
200,000
Other creditors include a loan principle amount of of £250,000 (£200,000 in 2018) from a related party. Interest is set at the market rate and the loan is repayable on demand
7
Transactions with related parties
A company owned by one of the Directors has provided funds totaling £250,000 by way of a loan. Interest is accrued at a market rate and the loan is repayable on demand.
Mull Moments Ltd
Notes to the Accounts
for the year ended 31 July 2019
8
Average number of employees
During the year the average number of employees was 0 (2018: 0).
