Murray & Currie Property Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC402069 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2013

for

Murray & Currie Property Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Currie

R P Murray

REGISTERED OFFICE:

28 Thistle Street

Edinburgh

Scotland

Lothian

EH2 1EN

REGISTERED NUMBER:

SC402069 (Scotland)

ACCOUNTANTS:

A H & Co Ltd

Chartered Accountants

6 Logie Mill

Edinburgh

Lothian

EH7 4HG

CURRENT ASSETS

Debtors

2

553

1,507

Cash at bank

3,590

2,047

4,143

3,554

CREDITORS

Amounts falling due within one year

7,094

3,454

NET CURRENT (LIABILITIES)/ASSETS

(2,951

)

100

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,951

)

100

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(3,051

)

-

SHAREHOLDERS' FUNDS

(2,951

)

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 August 2014 and were signed on its behalf by:

R Murray - Director

S Currie - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis on the assumption that the company will continue to

receive the support of its directors.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small

company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where

turnover is recognised when the company obtains the right to consideration.

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from

those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result

in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing

differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment

to sell the asset.

Deferred tax assets and liabilities are not discounted.

2.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 0 (30.11.12 - £ 554 )

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

as restated

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2013 and 30 November 2012:

30.11.13

30.11.12

as restated

£

£

R P Murray

Balance outstanding at start of year

277

-

Amounts advanced

-

277

Amounts repaid

(338

)

-

Balance outstanding at end of year

(61

)

277

S Currie

Balance outstanding at start of year

277

-

Amounts advanced

-

277

Amounts repaid

(338

)

-

Balance outstanding at end of year

(61

)

277