REGISTERED NUMBER: SC259779 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2012

for

M & M Developments (Scotland) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M D Reid

J G Black

SECRETARY:

M D Reid

REGISTERED OFFICE:

50 Castle Street

Forfar

ANGUS

DD8 3AB

REGISTERED NUMBER:

SC259779 (Scotland)

ACCOUNTANTS:

MMG Archbold

Chartered Accountants

Chapelshade House

78-84 Bell Street

Dundee

United Kingdom

DD1 1RQ

CURRENT ASSETS

Stocks

304,261

301,549

Debtors

2,534

3,170

Cash at bank

12

10,883

306,807

315,602

CREDITORS

Amounts falling due within one year

2

225,368

226,633

NET CURRENT ASSETS

81,439

88,969

TOTAL ASSETS LESS CURRENT LIABILITIES

81,439

88,969

CAPITAL AND RESERVES

Called up share capital

3

500

500

Profit and loss account

80,939

88,469

SHAREHOLDERS' FUNDS

81,439

88,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2012.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2012 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 August 2013 and were signed on its behalf by:

M D Reid - Director

J G Black - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.

CREDITORS

Creditors include an amount of £ 160,000 (2011 - £ 160,000 ) for which security has been given.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2012

2011

value:

£

£

500

Ordinary

£1

500

500