Tony McManus Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: SC173150 (Scotland)

Financial Statements

for the Year Ended 31 March 2017

for

Tony McManus Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A McManus

REGISTERED OFFICE:

121 Moffat Street

New Gorbals

Glasgow

G5 0ND

REGISTERED NUMBER:

SC173150 (Scotland)

ACCOUNTANTS:

R. G. Beattie & Co Ltd

Chartered Certified

Accountants

121 Moffat Street

Glasgow

G5 OND

FIXED ASSETS

Tangible assets

4

1,414

1,858

CURRENT ASSETS

Debtors

5

89,128

55,190

Cash at bank and in hand

129,136

101,909

218,264

157,099

CREDITORS

Amounts falling due within one year

6

47,166

21,822

NET CURRENT ASSETS

171,098

135,277

TOTAL ASSETS LESS CURRENT LIABILITIES

172,512

137,135

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

172,412

137,035

SHAREHOLDERS' FUNDS

172,512

137,135

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 19 June 2017 and were signed by:

A McManus - Director

1.	STATUTORY INFORMATION

Tony McManus Limited is a private company, limited by shares , registered in Scotland. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

1,846

15,411

17,257

DEPRECIATION

At 1 April 2016

1,634

13,765

15,399

Charge for year

32

412

444

At 31 March 2017

1,666

14,177

15,843

NET BOOK VALUE

At 31 March 2017

180

1,234

1,414

At 31 March 2016

212

1,646

1,858

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade Debtors

7,781

4,932

CIS tax debtor

81,347

50,258

89,128

55,190

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Tax

16,193

-

Social security and other taxes

3,166

-

VAT

26,429

20,806

Accrued expenses

1,378

1,016

47,166

21,822

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

100

Ordinary

£1

100

100