McDiarmid Investments Limited - Abbreviated accounts 16.3

McDiarmid Investments Limited - Abbreviated accounts 16.3


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REGISTERED NUMBER: 04426222(England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

McDiarmid Investments Limited

McDiarmid Investments Limited (Registered number: 04426222)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Report of the Accountant 6

McDiarmid Investments Limited

Company Information
for the Year Ended 31 March 2016







DIRECTORS: N McDiarmid
Mrs S McDiarmid





SECRETARY: Mrs S McDiarmid





REGISTERED OFFICE: Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN





REGISTERED NUMBER: 04426222(England and Wales)





ACCOUNTANT: Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN

McDiarmid Investments Limited (Registered number: 04426222)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,077,955 2,102,900

CURRENT ASSETS
Stocks - 157,500
Debtors 45,030 45,030
Cash at bank 2,035 9,416
47,065 211,946
CREDITORS
Amounts falling due within one year 2,026,094 1,503,507
NET CURRENT LIABILITIES (1,979,029 ) (1,291,561 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,926

811,339

CREDITORS
Amounts falling due after more than one
year

-

726,035
NET ASSETS 98,926 85,304

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 98,826 85,204
SHAREHOLDERS' FUNDS 98,926 85,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

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.

McDiarmid Investments Limited (Registered number: 04426222)

Abbreviated Balance Sheet - continued
31 March 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 18 December 2016and were signed on
its behalf by:





Mrs S McDiarmid- Director


McDiarmid Investments Limited (Registered number: 04426222)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

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 January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Land and buildings freehold - Straight line over 50 years

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
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Investments
Current asset investments are stated at the lower of cost and net realisable value.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 2,147,087
Additions 8,373
At 31 March 2016 2,155,460
DEPRECIATION
At 1 April 2015 44,187
Charge for year 33,318
At 31 March 2016 77,505
NET BOOK VALUE
At 31 March 2016 2,077,955
At 31 March 2015 2,102,900

McDiarmid Investments Limited (Registered number: 04426222)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2016

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
100 Ordinary £1 100 100

McDiarmid Investments Limited

Report of the Accountant to the Directors of
McDiarmid Investments 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 five) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, I 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 me.






Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN


18 December 2016