McNeil PTech Solutions Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: SC436573 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2016

FOR

MCNEIL PTECH SOLUTIONS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D G McNeil

REGISTERED OFFICE:

2 Thomson Road

Peterhead

Aberdeenshire

AB42 3FJ

REGISTERED NUMBER:

SC436573 (Scotland)

ACCOUNTANTS:

Goldwells Ltd

37 Broad Street

Peterhead

Aberdeenshire

AB42 1JB

FIXED ASSETS

Tangible assets

2

723

265

CURRENT ASSETS

Debtors

8,120

22,050

Cash at bank

409,486

404,628

417,606

426,678

CREDITORS

Amounts falling due within one year

28,784

88,424

NET CURRENT ASSETS

388,822

338,254

TOTAL ASSETS LESS CURRENT
LIABILITIES

389,545

338,519

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

389,445

338,419

SHAREHOLDERS' FUNDS

389,545

338,519

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 5th June 2017 and were signed by:

D G McNeil - 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

-

25% on reducing balance

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 1st December 2015

629

Additions

699

At 30th November 2016

1,328

DEPRECIATION

At 1st December 2015

364

Charge for year

241

At 30th November 2016

605

NET BOOK VALUE

At 30th November 2016

723

At 30th November 2015

265

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100