REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2023 |
FOR |
MCLAUGHLIN FINANCIAL PLANNING |
LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2023 |
FOR |
MCLAUGHLIN FINANCIAL PLANNING |
LIMITED |
MCLAUGHLIN FINANCIAL PLANNING |
LIMITED (REGISTERED NUMBER: SC336433) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 January 2023 |
Page |
Abridged Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
MCLAUGHLIN FINANCIAL PLANNING |
LIMITED (REGISTERED NUMBER: SC336433) |
ABRIDGED BALANCE SHEET |
31 January 2023 |
31.1.23 | 31.1.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
MCLAUGHLIN FINANCIAL PLANNING |
LIMITED (REGISTERED NUMBER: SC336433) |
ABRIDGED BALANCE SHEET - continued |
31 January 2023 |
The financial statements were approved by the Board of Directors and authorised for issue on |
MCLAUGHLIN FINANCIAL PLANNING |
LIMITED (REGISTERED NUMBER: SC336433) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 January 2023 |
1. | STATUTORY INFORMATION |
McLaughlin Financial Planning Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover and revenue recognition |
Turnover represents invoiced sales of goods and services. Revenue is recognised when goods and services are provided to the customer. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - |
MCLAUGHLIN FINANCIAL PLANNING |
LIMITED (REGISTERED NUMBER: SC336433) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 January 2023 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 February 2022 |
Disposals | ( |
) |
At 31 January 2023 |
DEPRECIATION |
At 1 February 2022 |
Eliminated on disposal | ( |
) |
At 31 January 2023 |
NET BOOK VALUE |
At 31 January 2023 |
At 31 January 2022 |
5. | SECURED DEBTS |
The company has an agreed overdraft facility of £10,000 which is secured by a floating charge over the assets of the company and a personal guarantee from the director, Mr J McLaughlin. |
6. | ULTIMATE CONTROLLING PARTY |
The company is controlled by the Directors. |