Murray Support Contracting Limited Accounts

MURRAY SUPPORT CONTRACTING LIMITED - Company Information






Murray Support Contracting Limited
	Company No. SC326236
		Information for Filing with The Registrar
		30 June 2017

The Directors present their report and the accounts for the year ended 30 June 2017.

Principal activities
The principal activity of the company during the year under review was management consultancy activities other than financial management .




Directors

The Directors who served at any time during the year were as follows:

C. Murray
T. Murray


































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

C. Murray
Director
30 June 2017

at	30 June 2017

Company No.		SC326236	Notes	2017	2016
				£	£
Fixed assets

	Tangible assets		2	9,159	12,254


				9,159	12,254
Current assets

	Debtors		3	214	451

	Cash at bank and in hand			83,028	80,070
				83,242	80,521
Creditors: Amount falling due within one year			4	(16,537)	(33,244)
Net current assets				66,705	47,277
Total assets less current liabilities				75,864	59,531




Net assets				75,864	59,531

Capital and reserves
	Called up share capital			10	10



	Profit and loss account		5	75,854	59,521

Total equity				75,864	59,531


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 June 2017 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 30 June 2017

And signed on its behalf by:

C. Murray
Director

for the year ended 30 June 2017

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

25% Straight line

Motor vehicles

25% Reducing balance

Furniture, fittings and equipment

15% Reducing balance

2	Tangible fixed assets
			Computer equipment	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 July 2016	1,946	14,582	1,537	18,065




		At 30 June 2017	1,946	14,582	1,537	18,065
		Depreciation
		At 1 July 2016	1,421	3,841	549	5,811
		Charge for the year	262	2,685	148	3,095



		At 30 June 2017	1,683	6,526	697	8,906
		Net book values
		At 30 June 2017	263	8,056	840	9,159
		At 30 June 2016	525	10,741	988	12,254

3	Debtors
			2017	2016
			£	£





		Loans to directors	-	280

		Prepayments and accrued income	214	171
			214	451

4	Creditors:
		amounts falling due within one year
			2017	2016
			£	£






		Corporation tax	14,059	15,703
		Other taxes and social security	1,841	3,541
		Loans from directors	637	14,000


			16,537	33,244

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

6	Dividends
			2017	2016
			£	£
		Dividends for the period:
		Dividends paid in the period	40,000	54,000

			40,000	54,000

		Dividends by type:

		Equity dividends	40,000	54,000
			40,000	54,000

Related party disclosures

Controlling party

Immediate controlling party

No single party controls the company.

Additional information

Its registered number is:

SC326236

Its registered office is:

41 Muir Road

Lochgelly

Fife

KY5 9HH