Micro-entity Accounts - MUIRHEAD FINANCE LIMITED

Micro-entity Accounts - MUIRHEAD FINANCE LIMITED


Registered Number 00694310

MUIRHEAD FINANCE LIMITED

Micro-entity Accounts

31 May 2021

MUIRHEAD FINANCE LIMITED Registered Number 00694310

Micro-entity Balance Sheet as at 31 May 2021

Notes 2021 2020
£ £
Fixed Assets
43,135
61,081
Current Assets
579,811
586,144
Creditors: amounts falling due within one year
(92,634)
(115,791)
Net current assets (liabilities)
487,177
470,353
Total assets less current liabilities
530,312
531,434
Creditors: amounts falling due after more than one year
(41,390)
(67,076)
Total net assets (liabilities)
488,922
464,358
Capital and reserves
488,922
464,358
  • For the year ending 31 May 2021 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 August 2021

And signed on their behalf by:
D.J. Jenkins, Director
P. Smith, Director

Footnotes:
  • Guarantees
    The company had net obligations under finance leases and hire purchase contracts totalling £51,125 (2020- £61,568) which are secured.
    The finance leases and HP contracts are secured over the assets concerned.

    The company had net obligations under bank loans totalling £17,343 (2020 - £33,040) which are secured.
    The loans are secured over the assets of the company.

MUIRHEAD FINANCE LIMITED Registered Number 00694310

Notes to the Micro-entity Accounts for the period ended 31 May 2021

1Employees
2021 2020
Average number of employees during the period 5 6