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REGISTERED NUMBER: 01511211















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

MCKECHNIE LEISURE AND TRADING CO.LIMITED

MCKECHNIE LEISURE AND TRADING CO.LIMITED (REGISTERED NUMBER: 01511211)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MCKECHNIE LEISURE AND TRADING CO.LIMITED

COMPANY INFORMATION
for the year ended 31 MAY 2023







DIRECTORS: H.C. Furlong
E.J. Furlong





SECRETARY: E.J. Furlong





REGISTERED OFFICE: 1 High Street
Thatcham
Newbury
Berks
RG19 3JG





REGISTERED NUMBER: 01511211





ACCOUNTANTS: C B Heslop & Company Limited
Chartered Accountants
1 High Street
Thatcham
Berks
RG19 3JG

MCKECHNIE LEISURE AND TRADING CO.LIMITED (REGISTERED NUMBER: 01511211)

BALANCE SHEET
31 MAY 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,410 136,047

CURRENT ASSETS
Cash at bank 55,414 3,992

CREDITORS
Amounts falling due within one year 5 993 1,325
NET CURRENT ASSETS 54,421 2,667
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,831

138,714

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 7 78,829 138,712
SHAREHOLDERS' FUNDS 78,831 138,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 15 October 2023 and were signed on its behalf by:




H.C. Furlong - Director



E.J. Furlong - Director


MCKECHNIE LEISURE AND TRADING CO.LIMITED (REGISTERED NUMBER: 01511211)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 MAY 2023

1. STATUTORY INFORMATION

Mckechnie Leisure And Trading Co.Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

MCKECHNIE LEISURE AND TRADING CO.LIMITED (REGISTERED NUMBER: 01511211)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MAY 2023

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to
property property Totals
£    £    £   
COST
At 1 June 2022 129,759 25,721 155,480
Disposals (105,349 ) (25,721 ) (131,070 )
At 31 May 2023 24,410 - 24,410
DEPRECIATION
At 1 June 2022 19,433 - 19,433
Eliminated on disposal (19,433 ) - (19,433 )
At 31 May 2023 - - -
NET BOOK VALUE
At 31 May 2023 24,410 - 24,410
At 31 May 2022 110,326 25,721 136,047

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Taxation and social security - 334
Other creditors 993 991
993 1,325

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
2 Ordinary £1 2 2

7. RESERVES
Retained
earnings
£   

At 1 June 2022 138,712
Deficit for the year (49,883 )
Dividends (10,000 )
At 31 May 2023 78,829

8. CONTINGENT LIABILITIES

There were no contingent liabilities at the 31st May 2023 or at 31st May 2022.

MCKECHNIE LEISURE AND TRADING CO.LIMITED (REGISTERED NUMBER: 01511211)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MAY 2023

9. ULTIMATE CONTROLLING PARTY

The Directors, MR H.C. Furlong and Mrs E.J. Furlong, control the company by virtue of a controlling interest of 100% of the issued ordinary share capital.