Company Registration No. 09343266 (England and Wales)
MCCARRON ENTERPRISES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
MCCARRON ENTERPRISES LIMITED
CONTENTS
PAGE
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
MCCARRON ENTERPRISES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
FIXED ASSETS
Investments
2
1,444
1,444
CURRENT ASSETS
Debtors
10,000
2,000
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
(9,444)
(1,444)
NET CURRENT ASSETS
556
556
TOTAL ASSETS LESS CURRENT LIABILITIES
2,000
2,000
CAPITAL AND RESERVES
Called up share capital
3
2,000
2,000
SHAREHOLDERS' FUNDS
2,000
2,000
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 16 February 2017
Mr M J P McCarron
DIRECTOR
COMPANY REGISTRATION NO. 09343266
MCCARRON ENTERPRISES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 2 -
1
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).
1.2
COMPLIANCE WITH ACCOUNTING STANDARDS
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
INVESTMENTS
Fixed asset investments are stated at cost less provision for diminution in value.
1.4
PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
2
FIXED ASSETS
Investments
£
COST
At 1 October 2015 & at 30 September 2016
1,444
At 30 September 2015
1,444
HOLDINGS OF MORE THAN 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
SUBSIDIARY UNDERTAKINGS
Cradley Enterprise Centre Limited
England
Ordinary shares
100.00
McCarron Enterprises Carlisle Limited
England
Ordinary shares
100.00
MCCARRON ENTERPRISES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2016
2
FIXED ASSETS
(Continued)
- 3 -
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
PRINCIPAL ACTIVITY
£
£
Cradley Enterprise Centre Limited
Rental of industrial units
1,298,354
(23,000)
McCarron Enterprises Carlisle Limited
Rental of industrial units
444,614
27,225
3
SHARE CAPITAL
2016
2015
£
£
ALLOTTED, CALLED UP AND FULLY PAID
2,000 Ordinary of £1 each
2,000
2,000