MURLOC LIMITED

MURLOC LIMITED

MURLOC LIMITED - Company Information

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MURLOC LIMITED

Company Registration Number:
NI634113 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

MURLOC LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

MURLOC LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
18 months to 31 March 2017


£
£
Fixed assets
Tangible assets: 2 260,900 260,900
Total fixed assets: 260,900 260,900
Current assets
Cash at bank and in hand: 883 11,133
Total current assets: 883 11,133
Creditors: amounts falling due within one year:   (281,926) (284,611)
Net current assets (liabilities): (281,043) (273,478)
Total assets less current liabilities: (20,143) (12,578)
Total net assets (liabilities): (20,143) (12,578)
Capital and reserves
Called up share capital: 200 200
Profit and loss account: (20,343) (12,778)
Shareholders funds: (20,143) (12,578)

The notes form part of these financial statements

MURLOC LIMITED

Balance sheet statements

For the year ending 31 March 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 December 2018
and signed on behalf of the board by:

Name: Martin Hoy
Status: Director

The notes form part of these financial statements

MURLOC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:Land and buildings freehold - 0% Straight line

Other accounting policies

GOING CONCERNThese accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during the next twelve months.

MURLOC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Tangible Assets

Total
Cost £
At 01 April 2017 260,900
At 31 March 2018 260,900
Net book value
At 31 March 2018 260,900
At 31 March 2017 260,900

MURLOC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Related party transactions

The related party, which is a company under common management and control, loaned £142,309 to Murloc Limited. This loan is interest free and will be repaid when the funds become available.