Abbreviated Company Accounts - MURRAY PACKAGING LIMITED

MURRAY PACKAGING LIMITED - Company Information

SC031441 MURRAY PACKAGING LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true SC031441 2014-04-01 2015-03-31 SC031441 2015-03-31 SC031441 2014-03-31 SC031441 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 SC031441 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number SC031441

MURRAY PACKAGING LIMITED

Abbreviated Accounts

31 March 2015

MURRAY PACKAGING LIMITED Registered Number SC031441

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	228,566	241,026
		228,566	241,026
Current assets
Stocks		127,756	114,940
Debtors		180,010	159,072
Cash at bank and in hand		131,157	110,629
		438,923	384,641
Creditors: amounts falling due within one year		(198,649)	(177,351)
Net current assets (liabilities)		240,274	207,290
Total assets less current liabilities		468,840	448,316
Total net assets (liabilities)		468,840	448,316
Capital and reserves
Called up share capital	3	2,000	2,000
Revaluation reserve		98,259	98,259
Profit and loss account		368,581	348,057
Shareholders' funds		468,840	448,316

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 May 2015

And signed on their behalf by:
I Murray, Director

MURRAY PACKAGING LIMITED Registered Number SC031441

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total value, excluding value added tax, of sales made during the the and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over it's expected useful life, as follows:-

Land & Buildings 20% reducing balance on improvements only.
Plant & Machinery 25% reducing balance.
Fixtures & Fittings 20% reducing balance.
Motor Vehicles 25% reducing balance

Valuation information and policy
Stock
Stock is valued at the lower of cost and net realiseable value.

2Tangible fixed assets

	£
Cost
At 1 April 2014	375,411
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	375,411
Depreciation
At 1 April 2014	134,385
Charge for the year	12,460
On disposals	-
At 31 March 2015	146,845
Net book values
At 31 March 2015	228,566
At 31 March 2014	241,026

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2,000 Ordinary shares of £1 each	2,000	2,000