McPherson Hall Ltd - Abbreviated accounts 16.3

McPherson Hall Ltd - Abbreviated accounts 16.3

MCPHERSON HALL LTD - Company Information

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SC497997 17.2.15 28.2.16 28.2.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC4979972015-02-16SC4979972016-02-28SC4979972015-02-172016-02-28SC4979972015-02-16SC497997ns12:Scotland2015-02-172016-02-28SC497997ns14:PoundSterling2015-02-172016-02-28SC497997ns7:Director12015-02-172016-02-28SC497997ns7:OrdinaryShareClass12015-02-172016-02-28SC497997ns7:RegisteredOffice2015-02-172016-02-28SC497997ns7:MainBusiness2015-02-172016-02-28SC497997ns7:EntityAccountantsOrAuditors2015-02-172016-02-28SC497997ns5:ComputerEquipment2015-02-172016-02-28SC497997ns7:OrdinaryShareClass12016-02-28SC497997ns7:Director12015-02-16SC497997ns7:Director12016-02-28
REGISTERED NUMBER: SC497997 (Scotland)











































McPherson Hall Ltd

Abbreviated Accounts

for the period

17th February 2015 to 28th February 2016






McPherson Hall Ltd (Registered number: SC497997)






Contents of the Abbreviated Accounts
for the period 17th February 2015 to 28th February 2016




Page

Company information 1

Abbreviated balance sheet 2

Notes to the abbreviated accounts 3 to 4

McPherson Hall Ltd

Company Information
for the period 17th February 2015 to 28th February 2016







Director: Ms L I Hall





Registered office: Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL





Business address: Charlesfield Farm
St Boswells
Melrose
TD6 0HH





Registered number: SC497997 (Scotland)





Accountants: Rennie Welch LLP
Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL
Page 1
McPherson Hall Ltd (Registered number: SC497997)

Abbreviated Balance Sheet
28th February 2016

Notes £    £   
Fixed assets
Tangible assets 2 917

Current assets
Debtors 37,460
Cash at bank 24,362
61,822
Creditors
Amounts falling due within one year 14,715
Net current assets 47,107
Total assets less current liabilities 48,024

Provisions for liabilities 183
Net assets 47,841

Capital and reserves
Called up share capital 3 100
Profit and loss account 47,741
Shareholders' funds 47,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28th February 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 28th February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 15th November 2016 and were signed by:





Ms L I Hall - Director


The notes on pages 3 to 4 form part of these abbreviated accounts

Page 2
McPherson Hall Ltd (Registered number: SC497997)

Notes to the Abbreviated Accounts
for the period 17th February 2015 to 28th February 2016

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 January 2015).

Turnover
Turnover represents the total invoice value, excluding value added tax of sales invoiced during the
year, or the fair value of services provided for amounts not invoiced at the year end.

Turnover arising from the sale of goods is recognised when the significant risks and rewards of
ownership have passed to the buyer. Turnover arising from the provision of services is recognised as
contract activity progresses and the right to consideration is earned.

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

Office equipment - 25% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date where transactions or events have occurred at that date that will result in an
obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the
periods in which timing differences reverse, based on tax rates and laws enacted or substantively
enacted at the balance sheet date.

2. Tangible fixed assets
Total
£   
Cost
Additions 1,223
At 28th February 2016 1,223
Depreciation
Charge for period 306
At 28th February 2016 306
Net book value
At 28th February 2016 917

3. Called up share capital

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

Page 3 continued...
McPherson Hall Ltd (Registered number: SC497997)

Notes to the Abbreviated Accounts - continued
for the period 17th February 2015 to 28th February 2016

4. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the period ended
28th February 2016:

£   
Ms L I Hall
Balance outstanding at start of period -
Amounts advanced 27,460
Amounts repaid -
Balance outstanding at end of period 27,460

This loan is unsecured and has no specific terms for repayment. Interest has been charged at the
official rates published by HMRC.

Page 4