Company Registration No. SC438380 (Scotland)
MARYGOLD ENVIRONMENT ASSOCIATES LIMITED
Unaudited accounts
for the year ended 31 December 2017
MARYGOLD ENVIRONMENT ASSOCIATES LIMITED
Unaudited accounts
Contents
MARYGOLD ENVIRONMENT ASSOCIATES LIMITED
Company Information
for the year ended 31 December 2017
Director
Surendra Bhandari
Company Number
SC438380 (Scotland)
Registered Office
23 MOUNTVIEW GARDENS
MOUNTVIEW GARDENS
ABERDEEN
AB25 2RT
SCOTLAND
Accountants
Asmita & Associates Ltd
114-116 Plumstead High Street
Plumstead
London
SE18 1SJ
MARYGOLD ENVIRONMENT ASSOCIATES LIMITED
Statement of financial position
as at
31 December 2017
Tangible assets
17,413
21,765
Cash at bank and in hand
1,223
3,302
Creditors: amounts falling due within one year
(17,292)
(5,085)
Net current liabilities
(15,249)
(986)
Called up share capital
50,000
50,000
Profit and loss account
(47,836)
(29,221)
Shareholders' funds
2,164
20,779
For the year ending 31 December 2017 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 17 September 2018.
Surendra Bhandari
Director
Company Registration No. SC438380
MARYGOLD ENVIRONMENT ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 December 2017
MARYGOLD ENVIRONMENT ASSOCIATES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC438380. The registered office is 23 MOUNTVIEW GARDENS, MOUNTVIEW GARDENS, ABERDEEN, AB25 2RT, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance basis
Fixtures & fittings
20% reducing balance basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2017
8,200
20,997
29,197
At 31 December 2017
8,200
20,997
29,197
At 1 January 2017
2,952
4,480
7,432
Charge for the year
1,049
3,303
4,352
At 31 December 2017
4,001
7,783
11,784
At 31 December 2017
4,199
13,214
17,413
At 31 December 2016
5,248
16,517
21,765
MARYGOLD ENVIRONMENT ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 December 2017
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
292
1,585
Loans from directors
17,000
3,500
7
Average number of employees
During the year the average number of employees was 7 (2016: 6).