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Company Registration No. 05731349 (England and Wales)
MCNALLY CORPORATE DEVELOPMENT SERVICES LIMITED Unaudited accounts for the year ended 31 March 2022
MCNALLY CORPORATE DEVELOPMENT SERVICES LIMITED Unaudited accounts Contents
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MCNALLY CORPORATE DEVELOPMENT SERVICES LIMITED Company Information for the year ended 31 March 2022
Directors
I McNally K McNally
Company Number
05731349 (England and Wales)
Registered Office
COCKING SAWMILLS COCKING WEST SUSSEX GU29 0HS ENGLAND
Accountants
RSJ Accountants Ltd 10 Overton Road Southbourne Emsworth Hampshire PO10 8NN
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MCNALLY CORPORATE DEVELOPMENT SERVICES LIMITED Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
325 
- 
Current assets
Debtors
4,545 
13,254 
Cash at bank and in hand
10,756 
17,434 
15,301 
30,688 
Creditors: amounts falling due within one year
(4,024)
(282)
Net current assets
11,277 
30,406 
Total assets less current liabilities
11,602 
30,406 
Creditors: amounts falling due after more than one year
(6,435)
(9,900)
Net assets
5,167 
20,506 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
5,165 
20,504 
Shareholders' funds
5,167 
20,506 
For the year ending 31 March 2022 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2022 and were signed on its behalf by
I McNally Director Company Registration No. 05731349
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MCNALLY CORPORATE DEVELOPMENT SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
MCNALLY CORPORATE DEVELOPMENT SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05731349. The registered office is COCKING SAWMILLS, COCKING, WEST SUSSEX, GU29 0HS, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2021
- 
Additions
434 
At 31 March 2022
434 
Depreciation
Charge for the year
109 
At 31 March 2022
109 
Net book value
At 31 March 2022
325 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
3,033 
11,742 
Other debtors
1,512 
1,512 
4,545 
13,254 
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MCNALLY CORPORATE DEVELOPMENT SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
1,980 
- 
VAT
676 
250 
Other creditors
306 
32 
Loans from directors
312 
- 
Accruals
750 
- 
4,024 
282 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
6,435 
9,900 
8
Transactions with related parties
During the year the company paid fees of £31,000 (2021 - £4,000) to K McNally, director and shareholder.
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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