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MERCHANT INTERNATIONAL LIMITED




Company Registration Number:
SC121574 (Scotland)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2013

End date: 31st March 2014

SUBMITTED

MERCHANT INTERNATIONAL LIMITED

Company Information
for the Period Ended 31st March 2014




Director: N Whiteley
AM Whiteley
 
 
 
 
 
 
Registered office: Muirfield Green Lodge, Duncur
Road, Gullane
East Lothian
EH31 2EF
 
 
 
Company Registration Number: SC121574 (Scotland)
 

MERCHANT INTERNATIONAL LIMITED

Abbreviated Balance sheet
As at 31st March 2014

  Notes 2014
£		 2013
£
Fixed assets
Intangible assets: 0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 112,289
Debtors: 7 54 90,003
Cash at bank and in hand:   3,618 4,487
Total current assets: 3,672 206,779
Creditors
Creditors: amounts falling due within one year 8 4,008 48,457
Net current assets (liabilities):   ( 336 ) 158,322
Total assets less current liabilities: ( 336 ) 158,322
Creditors: amounts falling due after more than one year: 9 0 178,700
Total net assets (liabilities):   ( 336 ) ( 20,378 )

The notes form part of these financial statements

MERCHANT INTERNATIONAL LIMITED

Abbreviated Balance sheet
As at 31st March 2014
continued

  Notes 2014
£		 2013
£
Capital and reserves
Called up share capital: 10 100 100
Profit and Loss account: ( 436 ) ( 20,478 )
Total shareholders funds: ( 336 ) ( 20,378 )

For the year ending 31 三月 2014 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 15 August 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: N Whiteley
Status: Director

The notes form part of these financial statements

MERCHANT INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 1.   Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008)

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax.

    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 an appropriate proportion of fixed and variable overheads.

MERCHANT INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 7.   Debtors

      2014
    £     		2013
    £
    Trade debtors: - 75,000
    Other debtors: 54 15,003
    Total: 54 90,003

     

MERCHANT INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 8.   Creditors: amounts falling due within one year

      2014
    £     		2013
    £
    Other creditors: 4,008 48,457
    Total: 4,008 48,457

     

MERCHANT INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 9.   Creditors: amounts falling due after more than one year

      2014
    £     		2013
    £
    Other creditors: 0 178,700
    Total: 0 178,700

     

MERCHANT INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 10.   Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    		100
    Total share capital:     100
           
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    		100
    Total share capital: 100