Janice M. Murdoch Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC450774 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Janice M. Murdoch Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs J Murdoch

REGISTERED OFFICE:

76 Dumbarton Road

Clydebank

Glasgow

G81 1UG

REGISTERED NUMBER:

SC450774 (Scotland)

ACCOUNTANTS:

Graham & Co. (Accountants) Limited

76 Dumbarton Road

Clydebank

Glasgow

G81 1UG

FIXED ASSETS

Tangible assets

2

941

408

CURRENT ASSETS

Debtors

12,082

7,834

Cash at bank

302

4,382

12,384

12,216

CREDITORS

Amounts falling due within one year

10,353

8,915

NET CURRENT ASSETS

2,031

3,301

TOTAL ASSETS LESS CURRENT LIABILITIES

2,972

3,709

PROVISIONS FOR LIABILITIES

188

-

NET ASSETS

2,784

3,709

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

2,684

3,609

SHAREHOLDERS' FUNDS

2,784

3,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 22 February 2017 and were signed by:

Mrs J Murdoch - Director

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 net invoiced sales of services, 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 etc

-

33% on cost and 20% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

725

Additions

908

At 31 May 2016

1,633

DEPRECIATION

At 1 June 2015

317

Charge for year

375

At 31 May 2016

692

NET BOOK VALUE

At 31 May 2016

941

At 31 May 2015

408

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

100

Ordinary

£1

100

100