Abbreviated Company Accounts - I & L MCNEILL LIMITED

Abbreviated Company Accounts - I & L MCNEILL LIMITED


Registered Number SC319781

I & L MCNEILL LIMITED

Abbreviated Accounts

31 March 2016

I & L MCNEILL LIMITED Registered Number SC319781

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 34,564 43,205
34,564 43,205
Current assets
Debtors 4,011 3,629
Cash at bank and in hand 23,748 16,132
27,759 19,761
Creditors: amounts falling due within one year (56,151) (72,850)
Net current assets (liabilities) (28,392) (53,089)
Total assets less current liabilities 6,172 (9,884)
Provisions for liabilities (6,739) (4,581)
Total net assets (liabilities) (567) (14,465)
Capital and reserves
Called up share capital 4 4
Profit and loss account (571) (14,469)
Shareholders' funds (567) (14,465)
  • For the year ending 31 March 2016 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 20 December 2016

And signed on their behalf by:
Ian McNeill, Director

I & L MCNEILL LIMITED Registered Number SC319781

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

2Tangible fixed assets
£
Cost
At 1 April 2015 90,556
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 90,556
Depreciation
At 1 April 2015 47,351
Charge for the year 8,641
On disposals -
At 31 March 2016 55,992
Net book values
At 31 March 2016 34,564
At 31 March 2015 43,205