Company Registration No. SC112531 (Scotland)
Malenhold Limited
Unaudited accounts
for the year ended 31 March 2018
Malenhold Limited
Unaudited accounts
Contents
Malenhold Limited
Company Information
for the year ended 31 March 2018
Directors
John B G Harvey
Susan Harvey
Company Number
SC112531 (Scotland)
Registered Office
19 Broomcroft Road
Newton Mearns
Glasgow
G77 5ER
United Kingdom
Accountants
Aird Sakol Ltd
8 Benview Road
Clarkston Toll
Glasgow
G76 7PP
Malenhold Limited
Statement of financial position
as at 31 March 2018
Tangible assets
334,430
399,504
Cash at bank and in hand
12,034
478
Creditors: amounts falling due within one year
(24,022)
(102,440)
Net current liabilities
(10,553)
(100,802)
Net assets
323,877
298,702
Called up share capital
42
42
Revaluation reserve
70,396
74,495
Profit and loss account
253,439
224,165
Shareholders' funds
323,877
298,702
For the year ending 31 March 2018 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 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 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 1 August 2018.
John B G Harvey
Director
Company Registration No. SC112531
Malenhold Limited
Notes to the Accounts
for the year ended 31 March 2018
Malenhold Limited is a private company, limited by shares, registered in Scotland, registration number SC112531. The registered office is 19 Broomcroft Road, Newton Mearns, Glasgow, G77 5ER, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2017
399,135
2,280
401,415
Disposals
(65,000)
-
(65,000)
At 31 March 2018
334,135
2,280
336,415
At 1 April 2017
-
1,911
1,911
Charge for the year
-
74
74
At 31 March 2018
-
1,985
1,985
At 31 March 2018
334,135
295
334,430
At 31 March 2017
399,135
369
399,504
Malenhold Limited
Notes to the Accounts
for the year ended 31 March 2018
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
3,183
5,229
Loans from directors
20,090
96,490
Allotted, called up and fully paid:
42 Ordinary shares of £1 each
42
42
8
Average number of employees
During the year the average number of employees was 2 (2017: 2).