MURRAY_COWAN_DEVELOPMENTS - Accounts

MURRAY COWAN DEVELOPMENTS LIMITED - Company Information

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Company Registration No. 06341600 (England and Wales)

MURRAY COWAN DEVELOPMENTS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

MURRAY COWAN DEVELOPMENTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

MURRAY COWAN DEVELOPMENTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Investments

157,318

Current assets

Debtors

454,703

7,229

Cash at bank and in hand

313,698

454,703

320,927

Creditors: amounts falling due within one year

(2,001)

(15,601)

Net current assets

452,702

305,326

Total assets less current liabilities

452,702

462,644

Capital and reserves

Called up share capital

250,000

Share premium account

222,500

Revaluation reserve

12,137

Profit and loss account

(19,798)

(21,993)

Shareholders' funds

452,702

462,644

For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 June 2017

N M Denniss

Director

Company Registration No. 06341600

MURRAY COWAN DEVELOPMENTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The part of the annual depreciation charge on revalued assets which relates to the revaluation surplus is transferred from the revaluation reserve to the profit and loss account.

1.2

Investments

The fixed asset investment is valued at the original cost of the investment, adjusted for the company's share of profits and losses to date.

Fixed assets

Investments

Cost

At 1 October 2015

157,318

Revaluation

(17,633)

Disposals

(139,685)

At 30 September 2016

At 30 September 2015

157,318

Share capital

2016

2015

Allotted, called up and fully paid

500,000 ordinary shares of 50p each

250,000