I M Murray Engineering Limited - Limited company - abbreviated - 11.0.0

I M Murray Engineering Limited - Limited company - abbreviated - 11.0.0

I M MURRAY ENGINEERING LIMITED - Company Information

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REGISTERED NUMBER: SC240950 (Scotland)















I M MURRAY ENGINEERING LIMITED

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013






I M MURRAY ENGINEERING LIMITED (REGISTERED NUMBER: SC240950)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 December 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

I M MURRAY ENGINEERING LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2013







DIRECTORS: I M Murray
A Maclean





SECRETARY: Mrs M Mackenzie





REGISTERED OFFICE: 26 Lewis Street
Stornoway
Isle of Lewis
HS1 2JF





REGISTERED NUMBER: SC240950 (Scotland)





ACCOUNTANTS: Mann Judd Gordon Ltd
Chartered Accountants
26 Lewis Street
Stornoway
Isle of Lewis
HS1 2JF
Page 1
I M MURRAY ENGINEERING LIMITED (REGISTERED NUMBER: SC240950)

ABBREVIATED BALANCE SHEET
31 December 2013

31.12.13 31.12.12
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 21,615 25,011

CURRENT ASSETS
Stocks 19,500 57,000
Debtors 111,445 134,897
Cash at bank 122,290 67,155
253,235 259,052
CREDITORS
Amounts falling due within one year 75,401 86,689
NET CURRENT ASSETS 177,834 172,363
TOTAL ASSETS LESS CURRENT
LIABILITIES
199,449
197,374

PROVISIONS FOR LIABILITIES 2,267 2,495
NET ASSETS 197,182 194,879

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 197,082 194,779
SHAREHOLDERS' FUNDS 197,182 194,879

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 7 March 2014 and were signed on its behalf by:



A Maclean - Director


The notes form part of these abbreviated accounts

Page 2
I M MURRAY ENGINEERING LIMITED (REGISTERED NUMBER: SC240950)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 December 2013

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2013 99,935
Additions 3,042
At 31 December 2013 102,977
DEPRECIATION
At 1 January 2013 74,924
Charge for year 6,438
At 31 December 2013 81,362
NET BOOK VALUE
At 31 December 2013 21,615
At 31 December 2012 25,011

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.13 31.12.12
value: £    £   
100 Ordinary £1 100 100

4. ULTIMATE CONTROLLING PARTY

The company's controlling party is I M Murray, director.

Page 3