Morningside Gallery Limited in Edinburgh, EH10 4BY

Description

Data updated on: 01-11-2023

2003 marks the start of Morningside Gallery Limited, the company located at 94 Morningside Road, in Edinburgh. This means it's been twenty one years Morningside Gallery has prospered in the business, as it was founded on 2003-04-17. The company's Companies House Registration Number is SC247980 and its area code is EH10 4BY. The firm's Standard Industrial Classification Code is 47781 and has the NACE code: Retail sale in commercial art galleries. 2022/03/31 is the last time when company accounts were reported.

At the moment, this specific company has 1 managing director: Eileadh S., who was chosen to lead the company in March 2012. The company had been led by Fiona M. up until 12 years ago. As a follow-up a different director, including Michael D. gave up the position on 2018-07-31.

Eileadh S. is the individual who controls this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-30	2012-03-31	2013-03-30	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth					89 703	123 118	169 541	176 154

Balance Sheet
Cash Bank In Hand	81 094		101 830	101 830	115 188	121 363	131 905
Cash Bank On Hand								182 017	251 239
Current Assets	212 024		211 586	211 586	175 157	191 359	239 820	189 022	257 175
Debtors	122 776		101 602	101 602	51 815	61 842	99 761	44 188	4 573
Other Debtors									1 967
Property Plant Equipment								5 312	6 137
Stocks Inventory	8 154		8 154	8 154	8 154	8 154	8 154
Tangible Fixed Assets	6 186	6 186	2 086	2 086	10 657	10 374	9 045
Total Inventories								5 204	1 363
Net Assets Liabilities Including Pension Asset Liability	126 497		117 039	117 039	89 703		169 541	176 154

Capital & Reserves
Called Up Share Capital	1 001		1 001	1 001	1 001	1 001	1 001
Profit Loss Account Reserve	125 496		116 038	116 038	88 702	122 117	168 540
Shareholder Funds					89 703	123 118	169 541	176 154

Other Financial Data
Advances Credits Directors				26 544	26 986	21 308	7 531
Accrued Liabilities								1 825	1 500
Accumulated Depreciation Impairment Property Plant Equipment								81 598	85 911
Average Number Employees During Period									2
Corporation Tax Payable								17 843	18 453
Creditors								60 567	63 660
Creditors Due Within One Year	91 713		96 633	96 633	96 111	78 615	74 894	16 356
Increase From Depreciation Charge For Year Property Plant Equipment									4 313
Merchandise								5 204	1 363
Net Current Assets Liabilities	120 311		114 953	114 953	79 046	112 744	164 926	172 666	193 515
Number Shares Allotted				1	1	1	1
Other Creditors								1 826	2 466
Other Taxation Social Security Payable								15	633
Par Value Share				1	1	1	1
Property Plant Equipment Gross Cost								86 910	92 048
Share Capital Allotted Called Up Paid	1		1	1	1	1	1
Tangible Fixed Assets Additions					12 087	2 092	749
Tangible Fixed Assets Cost Or Valuation		81 699		81 699	84 069	86 161	86 910
Tangible Fixed Assets Depreciation		75 513		79 613	73 412	75 787	77 865
Tangible Fixed Assets Depreciation Charged In Period				4 100	3 304	2 375	2 078
Total Additions Including From Business Combinations Property Plant Equipment									5 138
Total Assets Less Current Liabilities					89 703	123 118	173 971	177 979	199 652
Trade Creditors Trade Payables								26 888	26 236
Trade Debtors Trade Receivables								1 801	1 965
Advances Credits Made In Period Directors					442
Advances Credits Repaid In Period Directors						5 678
Capital Employed	126 497		117 039	117 039	89 703
Accruals Deferred Income							4 430	1 825
Fixed Assets							9 045	5 313
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					9 505
Tangible Fixed Assets Disposals					9 717