COMPANY REGISTRATION NUMBER
NI626765
MOORCON DEVELOPMENTS LIMITED
UNAUDITED ABBREVIATED ACCOUNTS
31 December 2016
CLAREMOUNT
Chartered Accountants
1b Brookmount Crescent
Omagh
Co Tyrone
BT78 5HG
MOORCON DEVELOPMENTS LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTORS ON THE
PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF
MOORCON DEVELOPMENTS LIMITED
PERIOD FROM 1 OCTOBER 2015 TO 31 DECEMBER 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Moorcon Developments Limited for the period ended 31 December 2016 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the Board of Directors of Moorcon Developments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the abbreviated accounts of Moorcon Developments Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants in Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Moorcon Developments Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Moorcon Developments Limited has kept adequate accounting records and to prepare statutory abbreviated accounts that give a true and fair view of the assets, liabilities, financial position and profit of Moorcon Developments Limited. You consider that Moorcon Developments Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the abbreviated accounts of Moorcon Developments Limited. 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 statutory abbreviated accounts.
CLAREMOUNT
Chartered Accountants
1b Brookmount Crescent
Omagh
Co Tyrone
BT78 5HG
15 September 2017
MOORCON DEVELOPMENTS LIMITED
ABBREVIATED BALANCE SHEET
31 December 2016
|
31 Dec 16
|
30 Sep 15
|
Note
|
£
|
£
|
£
|
FIXED ASSETS
|
2
|
|
|
|
Tangible assets
|
|
232,451
|
78,314
|
|
|
----------
|
---------
|
|
|
|
|
|
CURRENT ASSETS
Cash at bank and in hand
|
8,044
|
|
103
|
|
|
|
|
CREDITORS: Amounts falling due within one year
|
235,491
|
|
79,888
|
|
----------
|
|
---------
|
NET CURRENT LIABILITIES
|
|
(
227,447)
|
(
79,785)
|
|
|
----------
|
---------
|
TOTAL ASSETS LESS CURRENT LIABILITIES
|
|
5,004
|
(
1,471)
|
|
|
----------
|
---------
|
|
|
|
|
CAPITAL AND RESERVES
Called up equity share capital
|
3
|
|
3
|
3
|
Profit and loss account
|
|
5,001
|
(
1,474)
|
|
|
-------
|
-------
|
SHAREHOLDERS' FUNDS/(DEFICIT)
|
|
5,004
|
(
1,471)
|
|
|
-------
|
-------
|
|
|
|
|
|
For the period from 1 October 2015 to 31 December 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 accounts for the period in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved by the directors and authorised for issue on
15 September 2017
, and are signed on their behalf by:
Mr G Conwell
Mr A McFeely
Mr K Moore
Company Registration Number:
NI626765
MOORCON DEVELOPMENTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
PERIOD FROM 1 OCTOBER 2015 TO 31 DECEMBER 2016
1.
ACCOUNTING POLICIES
Basis of accounting
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
The turnover shown in the profit and loss account represents amounts invoiced during the period.
Fixed assets
All fixed assets are initially recorded at cost.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
2.
FIXED ASSETS
COST
At 1 October 2015
|
78,314
|
Additions
|
154,137
|
|
----------
|
At 31 December 2016
|
232,451
|
|
----------
|
|
|
NET BOOK VALUE
At 31 December 2016
|
232,451
|
|
----------
|
|
|
At 30 September 2015
|
78,314
|
|
----------
|
|
|
3.
SHARE CAPITAL
Allotted, called up and fully paid:
31 Dec 16
30 Sep 15
|
No.
|
£
|
No.
|
£
|
|
Ordinary shares of £ 1 each
|
3
|
3
|
3
|
3
|
|
|
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|
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|
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|
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|
|
|
|
|
|
|