MURLOC LIMITED

MURLOC LIMITED

MURLOC LIMITED - Company Information

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MURLOC LIMITED

Company Registration Number:
NI634113 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

MURLOC LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

MURLOC LIMITED

Balance sheet

As at 31 March 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 297,801 200,686
Total fixed assets: 297,801 200,686
Current assets
Debtors:   14,636 14,722
Cash at bank and in hand: 1,648 818
Total current assets: 16,284 15,540
Net current assets (liabilities): 16,284 15,540
Total assets less current liabilities: 314,085 216,226
Creditors: amounts falling due after more than one year:   (288,825) (207,123)
Total net assets (liabilities): 25,260 9,103
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 25,060 8,903
Shareholders funds: 25,260 9,103

The notes form part of these financial statements

MURLOC LIMITED

Balance sheet statements

For the year ending 31 March 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 December 2023
and signed on behalf of the board by:

Name: Karl Dorman
Status: Director

The notes form part of these financial statements

MURLOC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:Land and buildings freehold- 2% Straight linePlant and machinery- 20% Straight lineFixtures, fittings and equipment- 15% Straight lineThe carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

MURLOC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

MURLOC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 245,037
Additions 119,575
At 31 March 2023 364,612
Depreciation
At 01 April 2022 44,351
Charge for year 22,460
At 31 March 2023 66,811
Net book value
At 31 March 2023 297,801
At 31 March 2022 200,686