Abbreviated Company Accounts - MACKAY PIPELINES (SCOTLAND) LTD.

Abbreviated Company Accounts - MACKAY PIPELINES (SCOTLAND) LTD.

MACKAY PIPELINES (SCOTLAND) LTD. - Company Information

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Registered Number SC313880

MACKAY PIPELINES (SCOTLAND) LTD.

Abbreviated Accounts

31 December 2013

MACKAY PIPELINES (SCOTLAND) LTD. Registered Number SC313880

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 47,008 20,264
47,008 20,264
Current assets
Debtors 26,023 6,158
Cash at bank and in hand 112,851 104,964
138,874 111,122
Creditors: amounts falling due within one year (48,616) (93,198)
Net current assets (liabilities) 90,258 17,924
Total assets less current liabilities 137,266 38,188
Total net assets (liabilities) 137,266 38,188
Capital and reserves
Called up share capital 2 2
Profit and loss account 137,264 38,186
Shareholders' funds 137,266 38,188
  • For the year ending 31 December 2013 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 September 2014

And signed on their behalf by:
Mr J I MacKay, Director

MACKAY PIPELINES (SCOTLAND) LTD. Registered Number SC313880

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset.

2Tangible fixed assets
£
Cost
At 1 January 2013 36,286
Additions 35,635
Disposals -
Revaluations -
Transfers -
At 31 December 2013 71,921
Depreciation
At 1 January 2013 16,022
Charge for the year 8,891
On disposals -
At 31 December 2013 24,913
Net book values
At 31 December 2013 47,008
At 31 December 2012 20,264