REGISTERED NUMBER: |
A & M Mcmillan Limited |
Financial Statements For The Year Ended 31 March 2017 |
REGISTERED NUMBER: |
A & M Mcmillan Limited |
Financial Statements For The Year Ended 31 March 2017 |
A & M Mcmillan Limited (Registered number: SC298943) |
Contents of the Financial Statements |
For The Year Ended 31 March 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
A & M Mcmillan Limited |
Company Information |
For The Year Ended 31 March 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1st Floor |
Robertson House |
Shore Street |
Inverness |
Highland |
IV1 1NF |
BANKERS: |
Beauly Branch |
High Street |
Beauly |
IV4 7BT |
A & M Mcmillan Limited (Registered number: SC298943) |
Balance Sheet |
31 March 2017 |
31.3.17 | 31.3.16 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 3 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
4 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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 were approved by the Board of Directors on by: |
A & M Mcmillan Limited (Registered number: SC298943) |
Notes to the Financial Statements |
For The Year Ended 31 March 2017 |
1. | STATUTORY INFORMATION |
A & M Mcmillan Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in |
bringing stocks to their present location and condition. |
3. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.17 | 31.3.16 |
£ | £ |
Bank loans and overdrafts |
Taxation and social security |
Other creditors |
4. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.17 | 31.3.16 |
£ | £ |
Bank loans |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 46,112 | 57,364 |
5. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.3.17 | 31.3.16 |
£ | £ |
Bank loans |
The bank loan is secured by a bond and floating charge over the assets of the company and standard security |
over the building plots owned. |
6. | ULTIMATE CONTROLLING PARTY |
The company is controlled jointly by Mr & Mrs McMillan. |