Neil McArthur Electrical Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC408528 (Scotland)

Unaudited Financial Statements

For The Year Ended 31st October 2019

for

Neil McArthur Electrical Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N McArthur

REGISTERED OFFICE:

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

REGISTERED NUMBER:

SC408528 (Scotland)

ACCOUNTANTS:

J S Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Tangible assets

4

365

-

CURRENT ASSETS

Cash at bank

14,260

12,483

CREDITORS

Amounts falling due within one year

5

(12,058

)

(10,738

)

NET CURRENT ASSETS

2,202

1,745

TOTAL ASSETS LESS CURRENT LIABILITIES

2,567

1,745

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

2,566

1,744

SHAREHOLDERS' FUNDS

2,567

1,745

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3rd July 2020 and were signed by:

N McArthur - Director

1.	STATUTORY INFORMATION

Neil McArthur Electrical Limited 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

429

At 31st October 2019

429

DEPRECIATION

Charge for year

64

At 31st October 2019

64

NET BOOK VALUE

At 31st October 2019

365

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

10,624

10,048

Other creditors

1,434

690

12,058

10,738