Red McGregor Marketing Limited
|
Registered Number
:
SC
275184
|
For the year ended 31 January 2019
Scotland
Unaudited Financial Statements
For the year ended 31 January 2019
Red McGregor Marketing Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Red McGregor Marketing Limited
Statement of Financial Position
2018
2019
Property
,
plant and equipment
|
18,949
22,867
2
18,949
22,867
2,150
-
3
Trade and other receivables
|
9,217
44,710
4
17,870
Cash and cash equivalents
|
9,223
53,933
29,237
Trade and other payables
:
amounts falling due within one
|
year
|
(27,865)
(44,931)
5
1,372
9,002
Net current assets
Total assets less current liabilities
|
27,951
24,239
Trade and other payables
:
amounts falling due after more
|
than one year
|
(1,296)
-
6
27,951
Net assets
22,943
1
1
27,950
22,942
27,951
22,943
Shareholders' funds
For the year ended 31 January 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 25 September 2019 and were signed by:
|
The notes form part of these financial statements
|
1 of 4
For the year ended 31 January 2019
Red McGregor Marketing Limited
Notes to the Financial Statements
Statutory Information
Red McGregor Marketing Limited is a private limited company
,
limited by shares
,
domiciled in Scotland
,
registration
|
number SC
275184
.
|
12 High Street
Musselburgh
East Lothian
EH21 7AG
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Land and buildings
Plant and machinery
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
|
2 of 4
For the year ended 31 January 2019
Red McGregor Marketing Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
74,463
39,718
34,745
34,745
39,718
74,463
Provision for depreciation and impairment
|
51,596
29,955
21,641
Charge for year
3,918
1,953
1,965
55,514
31,908
23,606
11,139
7,810
18,949
13,104
9,763
22,867
2018
2019
-
2,150
4
.
Trade and other receivables
|
2018
2019
41,836
6,343
2,874
2,874
9,217
44,710
5
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
15,306
9,657
Taxation and social security
|
27,564
13,172
2,061
5,036
44,931
27,865
3 of 4
For the year ended 31 January 2019
Red McGregor Marketing Limited
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2018
2019
-
1,296
4 of 4