Moray Facilities Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC303939 (Scotland)

Financial Statements for the Year Ended 30 June 2021

for

Moray Facilities Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C MacKillop

Mrs S MacPhee

REGISTERED OFFICE:

6 Breac An Ord

Maryburgh

Dingwall

Ross-shire

IV7 8DH

REGISTERED NUMBER:

SC303939 (Scotland)

ACCOUNTANTS:

Highland Accountancy Practice

Chartered Accountants

Suite 1A, Willow House

Stoneyfield Business Park

Inverness

Highland

IV2 7PA

CURRENT ASSETS

Stocks

303,376

350,224

Debtors

45,000

45,000

Cash at bank

32,462

30,749

380,838

425,973

CREDITORS

Amounts falling due within one year

8,534

26,471

NET CURRENT ASSETS

372,304

399,502

TOTAL ASSETS LESS CURRENT LIABILITIES

372,304

399,502

CREDITORS

Amounts falling due after more than one year

214,320

266,320

NET ASSETS

157,984

133,182

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

157,884

133,082

SHAREHOLDERS' FUNDS

157,984

133,182

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 8 November 2021 and were signed on its behalf by:

Mrs S MacPhee - Director

1.	STATUTORY INFORMATION

Moray Facilities Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	ULTIMATE CONTROLLING PARTY