Accounts filed on 31-03-2022


Registered number: SC260314






FMB Structural Design Ltd


FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022
























Prepared By:
Cunningham Grant
Chartered Accountants
G6, The Granary Business Centre
Coal Road
Cupar
Fife
KY15 5YQ


FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022





DIRECTORS
Frank McBride



SECRETARY
Angela McBride


REGISTERED OFFICE
16 Pickford Crescent
Cellardyke
Anstruther
Fife
KY10 3AL


COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC260314



ACCOUNTANTS
Cunningham Grant
Chartered Accountants
G6, The Granary Business Centre
Coal Road
Cupar
Fife
KY15 5YQ


FINANCIAL STATEMENTS
FOR THEYEARENDED31 MARCH 2022



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 March 2022

			2022		2021
	Notes		£		£

FIXED ASSETS
Tangible assets	3		1,140		1,137

CURRENT ASSETS
Debtors	4	4,421		3,527
Cash at bank and in hand		29,028		22,353
		33,449		25,880
CREDITORS: Amounts falling due within one year	5	25,795		24,112
NET CURRENT ASSETS			7,654		1,768
TOTAL ASSETS LESS CURRENT LIABILITIES			8,794		2,905


PROVISIONS FOR LIABILITIES AND CHARGES			208		205

NET ASSETS			8,586		2,700

CAPITAL AND RESERVES

Called up share capital	6		1		1
Profit and loss account			8,585		2,699
SHAREHOLDERS' FUNDS			8,586		2,700

For the year ending 31 March 2022 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 9 December 2022 and signed on their behalf by



.............................
Frank McBride
Director

1. ACCOUNTING POLICIES



1a. General Information And Basis Of Preparation
The company is limited by shares and incorporated in Scotland. The address of the registered office is given in the company information on page 1 of these financial statements. The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £1.
The financial statements have been prepared in accordance with Financial Reporting Standard FRS 102 including Section 1A Small Entities, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. There were no material departures from that standard.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise shown.



1b. Tangible Assets
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation has been provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over their expected useful lives as follows:

Equipment		straight line20%



1c. Debtors Receivable And Creditors Payable Within One Year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.



1d. Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued, non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.



1e. Turnover
Turnover represents the value of services supplied by the company.
When the outcome of a transaction can be estimated reliably, turnover from services are recognised by reference to the stage of completion at the balance sheet date.
Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.



4. DEBTORS	2022	2021
	£	£

Amounts falling due within one year:
Trade debtors	4,421	3,527
	4,421	3,527



5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2022	2021
	£	£
Taxation and social security	21,176	20,352
Other creditors	4,619	3,760
	25,795	24,112



6. SHARE CAPITAL	2022	2021
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1

7. RELATED PARTY TRANSACTIONS

Included in creditors at the year end is an interest free loan of £2,284 (2021 - £1,525) from Frank McBride, director and shareholder.