C Murphy Engineering Ltd - Accounts to registrar - small 17.1.1

C Murphy Engineering Ltd - Accounts to registrar - small 17.1.1

C MURPHY ENGINEERING LTD - Company Information

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REGISTERED NUMBER: NI630102 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

C Murphy Engineering Ltd

C Murphy Engineering Ltd (Registered number: NI630102)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


C Murphy Engineering Ltd

Company Information
for the Year Ended 31 March 2017







DIRECTOR: Ciaran Murphy



REGISTERED OFFICE: 99 Annaghmakeown Road
Dungannon
Co. Tyrone
BT70 3DD



REGISTERED NUMBER: NI630102 (Northern Ireland)



ACCOUNTANTS: Sean Cavanagh & Co
16 Charlemont Street
Moy
Co. Tyrone
BT71 7SL



BANKERS: Santander Bank
Market Square
Dungannon
Co. Tyrone
BT70 1JH
Page 1
Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
C Murphy Engineering Ltd

The following reproduces the text of the report prepared for the director and
members in respect of the company's annual unaudited financial statements. In
accordance with the Companies Act 2006, the company is only required to file a
Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Director are not required to be filed with
the Registrar of Companies.


In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 31 March 2017 which comprise the Income Statement, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's director, in accordance with the terms of our
engagement. Our work has been undertaken so that we might compile the financial statements
that we have been engaged to compile, report to the company's director that we have done so,
and state those matters that we have agreed to state to him in this report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the company and the company's director, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of
Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the
Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 31 March 2017 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.






Sean Cavanagh & Co
16 Charlemont Street
Moy
Co. Tyrone
BT71 7SL


30 June 2017

This page does not form part of the statutory financial statements

Page 2
C Murphy Engineering Ltd (Registered number: NI630102)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,219 9,467

CURRENT ASSETS
Stocks 28,135 2,115
Debtors 5 27,974 14,490
Cash at bank 3,343 7,841
59,452 24,446
CREDITORS
Amounts falling due within one
year
6
74,037
32,578
NET CURRENT LIABILITIES (14,585 ) (8,132 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,634
1,335

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 6,624 1,325
6,634 1,335

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 notes form part of these financial statements

Page 3 continued...
C Murphy Engineering Ltd (Registered number: NI630102)

Balance Sheet - continued
31 March 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 30 June 2017 and were signed by:





Ciaran Murphy - Director


The notes form part of these financial statements

Page 4
C Murphy Engineering Ltd (Registered number: NI630102)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

C Murphy Engineering Ltd is a private company, limited by shares , registered in Northern
Ireland. The company's registered number and registered office address can be found on
the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable,
excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due
allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other
comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that
that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in
periods different from those in which they are recognised in financial statements.
Deferred tax is measured using tax rates and laws that have been enacted or
substantively enacted by the year end and that are expected to apply to the reversal of
the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that
it is probable that they will be recovered against the reversal of deferred tax liabilities or
other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 5 continued...
C Murphy Engineering Ltd (Registered number: NI630102)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2016 12,623
Additions 18,916
At 31 March 2017 31,539
DEPRECIATION
At 1 April 2016 3,156
Charge for year 7,164
At 31 March 2017 10,320
NET BOOK VALUE
At 31 March 2017 21,219
At 31 March 2016 9,467

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade debtors 27,570 14,490
Other debtors 404 -
27,974 14,490

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade creditors 12,980 554
Taxation and social security 6,272 1,884
Other creditors 54,785 30,140
74,037 32,578

Page 6