Marray Thoroughbred Services Limited,Ltd - AccountsLtd - Accounts

Marray Thoroughbred Services Limited,Ltd - AccountsLtd - Accounts

MARRAY THOROUGHBRED SERVICES LTD - Company Information

Print Friendly Version

2017-10-01 09201245 2018-09-30 09201245 2017-10-01 2018-09-30 09201245 2017-09-30 09201245 2016-10-01 2017-09-30 09201245 uk-core:WithinOneYear 2017-09-30 09201245 uk-core:WithinOneYear 2018-09-30 09201245 uk-core:ShareCapital 2018-09-30 09201245 uk-core:ShareCapital 2017-09-30 09201245 uk-core:RetainedEarningsAccumulatedLosses 2018-09-30 09201245 uk-core:RetainedEarningsAccumulatedLosses 2017-09-30 09201245 uk-bus:Director1 2017-10-01 2018-09-30 09201245 uk-core:FurnitureFittingsToolsEquipment 2017-10-01 2018-09-30 09201245 uk-core:AfterOneYear 2018-09-30 09201245 uk-core:AfterOneYear 2017-09-30 iso4217:GBP xbrli:pure 09201245 uk-bus:AuditExemptWithAccountantsReport 2017-10-01 2018-09-30 09201245 uk-bus:FRS102 2017-10-01 2018-09-30 09201245 uk-bus:FullAccounts 2017-10-01 2018-09-30 09201245 uk-bus:PrivateLimitedCompanyLtd 2017-10-01 2018-09-30
Marray Thoroughbred Services Limited
Registered Number:09201245
For the year ended 30 September 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2018
Marray Thoroughbred Services Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 September 2018
Marray Thoroughbred Services Limited
Statement of Financial Position
Registered Number :
09201245
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
944
1,180
2
944
1,180
Current assets
Trade and other receivables
3,950
6,144
3
6,035
Cash and cash equivalents
4,885
11,029
9,985
Trade and other payables: amounts falling due within one year
(9,602)
(7,848)
4
383
3,181
Net current assets
Total assets less current liabilities
4,125
1,563
4,125
Net assets
1,563
Capital and reserves
Called up share capital
100
100
Retained earnings
4,025
1,463
4,125
1,563
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
A Marray Director
These financial statements were approved and authorised for issue by the Board on 07 June 2019 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 September 2018
Marray Thoroughbred Services Limited
Notes to the Financial Statements
Statutory Information
Marray Thoroughbred Services Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09201245.
Registered address:
Church Limes
School Lane
Islip
Northants
NN14 3LQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20 Reducing balance
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or valuation
At 01 October 2017
1,996
At 30 September 2018
1,996
Provision for depreciation and impairment
At 01 October 2017
816
Charge for year
236
At 30 September 2018
1,052
At 30 September 2018
Net book value
944
At 30 September 2017
1,180
2 of 3
5
For the year ended 30 September 2018
Marray Thoroughbred Services Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2017
2018
£
£
Trade debtors
3,292
3,950
Other debtors
2,852
-
3,950
6,144
The debtors above include the following amounts falling due after more than one year:
Trade debtors
3,292
3,950
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Trade creditors
470
188
Taxation and social security
6,878
5,876
Accruals and deferred income
500
500
Directors' loan accounts
-
3,038
7,848
9,602
5. Related party transactions
The company paid dividends of £17000 to the director A Marray during the year.
6. Guarantees and other financial commitments
Capital commitments
There were no commitments for future capital expenditure at the balance sheet date.
7. Subsequent events
No post balance sheet events have occurred since 30 September 2018 which require reporting or disclosing in the accounts.
8. Average number of persons employed
During the year the average number of employees (including director) was 1 (2017 : 1)
3 of 3