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REGISTERED NUMBER: SC241615 (Scotland)















M & T Pipeline Supplies Limited

Abbreviated Accounts For The Year Ended 31 December 2015






M & T Pipeline Supplies Limited (Registered number: SC241615)






Contents of the Abbreviated Accounts
For The Year Ended 31 December 2015




Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

M & T Pipeline Supplies Limited

Company Information
For The Year Ended 31 December 2015







DIRECTORS: I Martin
K Thomson





SECRETARY: I Martin





REGISTERED OFFICE: 30 Kempsend
Tranent
East Lothian
EH33 2GZ





REGISTERED NUMBER: SC241615 (Scotland)





ACCOUNTANTS: The Long Partnership
3-5 Mayfield
High Street
Dingwall
IV15 9ST

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
M & T Pipeline Supplies Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited
financial statements, from which the unaudited abbreviated accounts (set out on pages three to six) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of M & T Pipeline Supplies Limited for the year ended 31 December 2015 which comprise the Profit and Loss
Account, the Balance Sheet and the related notes 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 England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of M & T Pipeline Supplies Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M & T Pipeline Supplies Limited and state those matters that we have agreed to state to the Board of Directors of M & T Pipeline Supplies Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M & T Pipeline Supplies Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of M & T Pipeline Supplies Limited. You consider that M & T Pipeline Supplies Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M & T Pipeline Supplies 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 financial statements.






The Long Partnership
3-5 Mayfield
High Street
Dingwall
IV15 9ST


16 August 2016

M & T Pipeline Supplies Limited (Registered number: SC241615)

Abbreviated Balance Sheet
31 December 2015

31.12.15 31.12.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 120,958 125,249

CURRENT ASSETS
Stocks 129,841 102,000
Debtors 237,518 446,840
Cash at bank and in hand 237,431 109,886
604,790 658,726
CREDITORS
Amounts falling due within one year 242,744 396,435
NET CURRENT ASSETS 362,046 262,291
TOTAL ASSETS LESS CURRENT
LIABILITIES

483,004

387,540

PROVISIONS FOR LIABILITIES 5,630 6,411
NET ASSETS 477,374 381,129

CAPITAL AND RESERVES
Called up share capital 3 12,500 12,500
Profit and loss account 464,874 368,629
SHAREHOLDERS' FUNDS 477,374 381,129

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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.

M & T Pipeline Supplies Limited (Registered number: SC241615)

Abbreviated Balance Sheet - continued
31 December 2015


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 16 August 2016 and were signed on its behalf by:





K Thomson - Director


M & T Pipeline Supplies Limited (Registered number: SC241615)

Notes to the Abbreviated Accounts
For The Year Ended 31 December 2015

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 January 2015).

Turnover
Turnover, which excludes value added tax and trade discounts, represents invoiced sales of goods and services supplied
during the year. Work carried out but not completed or invoiced at the year end has been brought into sales for the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - Straight line over 15 years
Equipment - 10% on reducing balance
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

Deferred tax
Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of
gains and losses in the financial statement and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable
profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences
are excepted to reverse.

Deferred tax assets and liabilities are not discounted.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of
the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme
are charged to the profit and loss account in the period to which they relate.

M & T Pipeline Supplies Limited (Registered number: SC241615)

Notes to the Abbreviated Accounts - continued
For The Year Ended 31 December 2015

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 229,701
Additions 10,775
At 31 December 2015 240,476
DEPRECIATION
At 1 January 2015 104,452
Charge for year 15,066
At 31 December 2015 119,518
NET BOOK VALUE
At 31 December 2015 120,958
At 31 December 2014 125,249

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.15 31.12.14
value: £    £   
12,500 Ordinary £1 12,500 12,500