Ian Maciver Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC033778 (Scotland)

IAN MACIVER LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr I M MacIver

Mr M M MacIver

SECRETARY:

Mr I M MacIver

REGISTERED OFFICE:

20b Brue

Isle of Lewis

Western Isles

HS2 0QW

REGISTERED NUMBER:

SC033778 (Scotland)

ACCOUNTANTS:

Nicolson Accountancy

Trinity House

31 Lynedoch Street

Glasgow

G3 6EF

CURRENT ASSETS

Debtors

5

8

-

Cash at bank

24,121

28,373

24,129

28,373

CREDITORS

Amounts falling due within one year

6

978

2,003

NET CURRENT ASSETS

23,151

26,370

TOTAL ASSETS LESS CURRENT LIABILITIES

23,151

26,370

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Retained earnings

7

21,151

24,370

SHAREHOLDERS' FUNDS

23,151

26,370

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2021 and were signed on its behalf by:

Mr I M MacIver - Director

1.	STATUTORY INFORMATION

Ian Maciver 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.

Tangible fixed assets

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

Freehold property

-

4% on cost

Fixtures and fittings

-

10% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 January 2019

and 31 December 2019

9,217

3,160

12,377

DEPRECIATION

At 1 January 2019

and 31 December 2019

9,217

3,160

12,377

NET BOOK VALUE

At 31 December 2019

-

-

-

At 31 December 2018

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Other debtors

8

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Taxation and social security

-

669

Other creditors

978

1,334

978

2,003

7.

RESERVES

Retained

earnings

£

At 1 January 2019

24,370

Deficit for the year

(1,219

)

Dividends

(2,000

)

At 31 December 2019

21,151

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr I M MacIver.