Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
MERCHANT INTERNATIONAL LIMITED
Company Registration Number:
SC121574
(Scotland)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01 April 2015
End date: 31 March 2016
MERCHANT INTERNATIONAL LIMITED
Abbreviated Balance sheet
As at
Notes |
2016 £ |
2015 £ |
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Fixed assets | |||
Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 2 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 3 |
(
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(
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Net current assets (liabilities): |
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(
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 4 |
(
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(
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Total net assets (liabilities): |
(
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(
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The notes form part of these financial statements
MERCHANT INTERNATIONAL LIMITED
Balance sheet continued
As at 31 March 2016
Notes |
2016 £ |
2015 £ |
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Capital and reserves | |||
Called up share capital: | 5 |
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Profit and loss account: |
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Shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Status: Director
The notes form part of these financial statements
MERCHANT INTERNATIONAL LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 31 March 2016
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1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2015. Turnover policy
The turnover represents amounts receivable for goods and services net of VAT and trade discounts. Valuation information and policy
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and overheads.
MERCHANT INTERNATIONAL LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 31 March 2016
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2. Debtors
2016
£
2015
£Other debtors: 28 28 Total: 28 28
MERCHANT INTERNATIONAL LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 31 March 2016
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3. Creditors: amounts falling due within one year
2016
£
2015
£Other creditors: 11,923 8,994 Total: 11,923 8,994
MERCHANT INTERNATIONAL LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 31 March 2016
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4. Creditors: amounts falling due after more than one year
2016
£
2015
£Other creditors: 20,400 400 Total: 20,400 400 The director's loan of £20,400 (2015:£400) from N Whiteley is unsecured, interest free and has no fixed terms of repayment.