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Company Registration No. 12580056 (England and Wales)
MCCORMACK PROPERTY HOLDINGS LIMITED Unaudited accounts for the year ended 30 April 2023
MCCORMACK PROPERTY HOLDINGS LIMITED Unaudited accounts Contents
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MCCORMACK PROPERTY HOLDINGS LIMITED Company Information for the year ended 30 April 2023
Directors
Billy McCormack Garry McCormack
Company Number
12580056 (England and Wales)
Registered Office
249 DAYS LANE SIDCUP DA15 8JX ENGLAND
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MCCORMACK PROPERTY HOLDINGS LIMITED Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,272,361 
3,340,524 
Current assets
Cash at bank and in hand
28,358 
33,135 
Creditors: amounts falling due within one year
(1,740)
(600)
Net current assets
26,618 
32,535 
Total assets less current liabilities
4,298,979 
3,373,059 
Creditors: amounts falling due after more than one year
(4,301,130)
(3,390,395)
Net liabilities
(2,151)
(17,336)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,251)
(17,436)
Shareholders' funds
(2,151)
(17,336)
For the year ending 30 April 2023 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 19 October 2023 and were signed on its behalf by
Billy McCormack Director Company Registration No. 12580056
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MCCORMACK PROPERTY HOLDINGS LIMITED Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
MCCORMACK PROPERTY HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12580056. The registered office is 249 DAYS LANE, SIDCUP, DA15 8JX, 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% Straight Line
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2022
3,340,325 
399 
3,340,724 
Additions
931,937 
- 
931,937 
At 30 April 2023
4,272,262 
399 
4,272,661 
Depreciation
At 1 May 2022
- 
200 
200 
Charge for the year
- 
100 
100 
At 30 April 2023
- 
300 
300 
Net book value
At 30 April 2023
4,272,262 
99 
4,272,361 
At 30 April 2022
3,340,325 
199 
3,340,524 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,040 
- 
Accruals
700 
600 
1,740 
600 
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MCCORMACK PROPERTY HOLDINGS LIMITED Notes to the Accounts for the year ended 30 April 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,773,342 
2,405,423 
Loans from directors
1,524,284 
984,972 
Deferred income
3,504 
- 
4,301,130 
3,390,395 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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