Company Registration No. SC191185 (Scotland)
MRM Property Limited
Unaudited accounts
for the year ended 31 December 2016
MRM Property Limited
Unaudited accounts
Contents
MRM Property Limited
Company Information
for the year ended 31 December 2016
Director
Mr Ross McMorrine
Company Number
SC191185 (Scotland)
Registered Office
ISLE OF CANTY
CARNOCK ROAD
DUNFERMLINE
FIFE
KY12 9NX
MRM Property Limited
Statement of financial position
as at 31 December 2016
Tangible assets
330,495
330,495
Cash at bank and in hand
6,207
24,600
Creditors: amounts falling due within one year
(201,149)
(235,705)
Net current liabilities
(194,942)
(211,105)
Net assets
135,553
119,390
Called up share capital
(2)
(2)
Profit and loss account
135,555
119,392
Shareholders' funds
135,553
119,390
For the year ending 31 December 2016 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 director acknowledges his 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 21 August 2017.
Mr Ross McMorrine
Director
Company Registration No. SC191185
MRM Property Limited
Notes to the Accounts
for the year ended 31 December 2016
MRM Property Limited is a private company, limited by shares, registered in Scotland, registration number SC191185. The registered office and principal place of business is ISLE OF CANTY, CARNOCK ROAD, DUNFERMLINE, FIFE, KY12 9NX.
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.
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment.
Land & buildings
are held at cost
4
Tangible fixed assets
Land & buildings
At 31 December 2016
330,495
At 31 December 2016
330,495
At 31 December 2015
330,495
MRM Property Limited
Notes to the Accounts
for the year ended 31 December 2016
5
Creditors: amounts falling due within one year
2016
2015
Taxes and social security
4,041
4,365
Other creditors
104,108
138,340
Loans from directors
93,000
93,000
6
Average number of employees
During the year the average number of employees was 0 (2015: 0).