Mather Dairy Utensils Company Limited - Limited company - abbreviated - 11.9
Mather Dairy Utensils Company Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31st March 2015 |
| for |
| Mather Dairy Utensils Company Limited |
| Mather Dairy Utensils Company Limited (Registered number: SC317396) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31st March 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 | to | 4 |
| Report of the Accountants | 5 |
| Mather Dairy Utensils Company Limited |
| Company Information |
| for the Year Ended 31st March 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| SOLICITORS: |
| Mather Dairy Utensils Company Limited (Registered number: SC317396) |
| Abbreviated Balance Sheet |
| 31st March 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 on |
| Mather Dairy Utensils Company Limited (Registered number: SC317396) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31st March 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of dairy parlours, equipment and supplies, excluding value added tax. |
| Income is recognised on completion of contracts, or in staged payments as agreed on larger contracts. Deposits received for |
| parlours are not taken immediately to turnover but instead credited against customer accounts. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Amounts written off each asset over the estimated useful life represent cost less residual value. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving |
| items. |
| Deferred tax |
| Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of |
| gains and losses in the financial statements and the recognition in the tax computation. |
| A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable |
| profits from which the future reversal of the underlying timing differences can be deducted. |
| Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are |
| expected to reverse. |
| Deferred tax assets and liabilities are not discounted. |
| Pension costs and other post-retirement benefits |
| The company makes regular payments into a pension scheme on behalf of the directors but is not contractually obliged to do |
| so. Contributions paid in the year are charged to the profit and loss account. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st April 2014 |
| Additions |
| Disposals | ( |
) |
| At 31st March 2015 |
| DEPRECIATION |
| At 1st April 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31st March 2015 |
| NET BOOK VALUE |
| At 31st March 2015 |
| At 31st March 2014 |
| Mather Dairy Utensils Company Limited (Registered number: SC317396) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31st March 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1st April 2014 |
| and 31st March 2015 | 45,000 |
| NET BOOK VALUE |
| At 31st March 2015 |
| At 31st March 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary A | £1 |
| Ordinary B | £1 |
| Ordinary C | £1 |
| Ordinary D | £1 |
| 1,401 | 1,401 |
| Mather Dairy Utensils Company Limited |
| Report of the Accountants to the Directors of |
| Mather Dairy Utensils Company Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited |
| financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2015 set out on pages three to ten and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 4th December 2015 |