MMG Archbold Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC607721 (Scotland)

Unaudited Financial Statements

for the Period

10 September 2018 to 31 March 2019

for

MMG Archbold Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P C Crichton

D Grant

G E Loudon

C A Robertson

Mrs J M McArtney

REGISTERED OFFICE:

Chapelshade House

78-84 Bell Street

Dundee

DD1 1RQ

REGISTERED NUMBER:

SC607721 (Scotland)

ACCOUNTANTS:

MMG Archbold Ltd

Chartered Accountants

Chapelshade House

78-84 Bell Street

Dundee

DD1 1RQ

CURRENT ASSETS

Debtors

4

2,395

Cash at bank

14,335

16,730

CREDITORS

Amounts falling due within one year

5

16,640

NET CURRENT ASSETS

90

TOTAL ASSETS LESS CURRENT LIABILITIES

90

CAPITAL AND RESERVES

Called up share capital

6

90

SHAREHOLDERS' FUNDS

90

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 2 April 2020 and were signed on its behalf by:

G E Loudon - Director

P C Crichton - Director

D Grant - Director

1.	STATUTORY INFORMATION

MMG Archbold Ltd is a private company, limited by shares , registered in Scotland. The company's registered

number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different

from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and

laws that have been enacted or substantively enacted by the period end and that are expected to apply to the

reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

2,395

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

2,340

Other creditors

14,300

16,640

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

300

'A' Ordinary

10p

30

300

'B' Ordinary

10p

30

300

'C' Ordinary

10p

30

90

The following shares were issued during the period for cash at par :

300 'A' Ordinary shares of 10p

300 'B' Ordinary shares of 10p

300 'C' Ordinary shares of 10p