RORY MACPHERSON LIMITED - Filleted accounts

RORY MACPHERSON LIMITED - Company Information

Registered number

11287801

RORY MACPHERSON LIMITED

Filleted Accounts

30 April 2019

RORY MACPHERSON LIMITED
Registered number:		11287801
Balance Sheet
as at 30 April 2019

Notes			2019
£
Creditors: amounts falling due within one year	2	(4,204)

Net current liabilities			(4,204)

Net liabilities			(4,204)

Capital and reserves
Called up share capital			100
Profit and loss account			(4,304)

Shareholder's funds			(4,204)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R Macpherson
Director
Approved by the board on 25 September 2019

RORY MACPHERSON LIMITED
Notes to the Accounts
for the period from 3 April 2018 to 30 April 2019


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and 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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Creditors: amounts falling due within one year	2019
£

	Bank loans and overdrafts	584
	Taxation and social security costs	3,444
	Other creditors	176
		4,204


3	Other information

	RORY MACPHERSON LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	6 Lonsdale Road
	Dorking
	Surrey
	RH4 1JP