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REGISTRAR OF COMPANIES

Registration number: 08440014

Armstrong & McAvoy Limited

Unaudited Financial Statements

31 March 2023

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Armstrong & McAvoy Limited

Contents

Accountants' Report

1

Balance Sheet

2

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Armstrong & McAvoy Limited
for the Year Ended 31 March 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Armstrong & McAvoy Limited for the year ended 31 March 2023 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Armstrong & McAvoy Limited, as a body, in accordance with the terms of our engagement letter dated 17 February 2023. Our work has been undertaken solely to prepare for your approval the accounts of Armstrong & McAvoy Limited and state those matters that we have agreed to state to the Board of Directors of Armstrong & McAvoy Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Armstrong & McAvoy Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Armstrong & McAvoy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Armstrong & McAvoy Limited. You consider that Armstrong & McAvoy Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Armstrong & McAvoy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

26 September 2023

 

Armstrong & McAvoy Limited

(Registration number: 08440014)
Balance Sheet as at 31 March 2023

2023
£

2022
£

Fixed assets

 

5,764

7,725

Current assets

 

109,248

134,097

Creditors: Amounts falling due within one year

 

(39,536)

(71,223)

Net current assets

 

69,712

62,874

Total assets less current liabilities

 

75,476

70,599

Creditors: Amounts falling due after more than one year

 

(30,332)

(40,578)

Accruals and deferred income

 

(5,017)

(4,997)

   

40,127

25,024

Capital and reserves

 

40,127

25,024

 

Armstrong & McAvoy Limited

(Registration number: 08440014)
Balance Sheet as at 31 March 2023 (continued)

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
24 Howrigg Bank
WIGTON
CA7 9JF

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2022 - 10).

3

Related party transactions

Transactions with directors

2023

At 1 April 2022
£

Advances
£

Repayments
£

Dividends credited
£

Interest
£

At 31 March 2023
£

B J McAvoy

Loan

-

18,765

(551)

-

117

18,331

             
         

 

2022

At 1 April 2021
£

Advances
£

Repayments
£

Dividends credited
£

Interest
£

At 31 March 2022
£

B J McAvoy

Loan

1,528

3,722

-

(5,250)

-

-

             
         

 

Directors' advances are repayable on demand.

Interest has been charged at a rate of 2% on advances to directors.

 

Armstrong & McAvoy Limited

(Registration number: 08440014)
Balance Sheet as at 31 March 2023 (continued)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 26 September 2023 and signed on its behalf by:
 

.........................................
B J McAvoy
Director