Caroline Maclean Management Services Limited 10605368 false 2022-03-01 2023-02-28 2023-02-28 The principal activity of the company is management of real estate. Digita Accounts Production Advanced 6.30.9574.0 true 10605368 2022-03-01 2023-02-28 10605368 2023-02-28 10605368 bus:Director1 1 2023-02-28 10605368 bus:OrdinaryShareClass1 2023-02-28 10605368 core:CurrentFinancialInstruments 2023-02-28 10605368 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 10605368 core:FurnitureFittingsToolsEquipment 2023-02-28 10605368 bus:SmallEntities 2022-03-01 2023-02-28 10605368 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 10605368 bus:FullAccounts 2022-03-01 2023-02-28 10605368 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 10605368 bus:RegisteredOffice 2022-03-01 2023-02-28 10605368 bus:Director1 2022-03-01 2023-02-28 10605368 bus:Director1 1 2022-03-01 2023-02-28 10605368 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 10605368 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 10605368 core:FurnitureFittingsToolsEquipment 2022-03-01 2023-02-28 10605368 core:OfficeEquipment 2022-03-01 2023-02-28 10605368 countries:EnglandWales 2022-03-01 2023-02-28 10605368 2022-02-28 10605368 bus:Director1 1 2022-02-28 10605368 core:FurnitureFittingsToolsEquipment 2022-02-28 10605368 2021-03-01 2022-02-28 10605368 2022-02-28 10605368 bus:Director1 1 2022-02-28 10605368 bus:OrdinaryShareClass1 2022-02-28 10605368 core:CurrentFinancialInstruments 2022-02-28 10605368 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 10605368 core:FurnitureFittingsToolsEquipment 2022-02-28 10605368 bus:Director1 1 2021-03-01 2022-02-28 10605368 bus:Director1 1 2021-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10605368

Caroline Maclean Management Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 28 February 2023

 

Caroline Maclean Management Services Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Caroline Maclean Management Services Limited

Company Information

Director

Ms Caroline Mary Maclean

Registered office

Ravine House South Road
St. Georges Hill
Weybridge
Surrey
KT13 0NA

Accountants

Michaelides Warner & Co Limited
102 Fulham Palace Road
London
W6 9PL

 

Caroline Maclean Management Services Limited

(Registration number: 10605368)
Balance Sheet as at 28 February 2023

Note

28 February
2023
£

28 February
2022
£

Fixed assets

 

Tangible assets

4

18

595

Current assets

 

Debtors

5

4,579

4,037

Cash at bank and in hand

 

51,600

40,317

 

56,179

44,354

Creditors: Amounts falling due within one year

6

(56,136)

(44,912)

Net current assets/(liabilities)

 

43

(558)

Net assets

 

61

37

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

60

36

Shareholders' funds

 

61

37

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 November 2023

 

Caroline Maclean Management Services Limited

(Registration number: 10605368)
Balance Sheet as at 28 February 2023

.........................................

Ms Caroline Mary Maclean
Director

 

Caroline Maclean Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

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:
Ravine House South Road
St. Georges Hill
Weybridge
Surrey
KT13 0NA
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Caroline Maclean Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change
attributable to an item of income or expense recognised as other comprehensive income is also recognised
directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or
substantively enacted by the reporting date in the countries where the company operates and generates
taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

3 Years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Caroline Maclean Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the company does not have an
unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve
months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost
using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other
resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is
deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like investments, trade and other receivables, cash and bank balances, trade and other creditors.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or cash consolidation expected to be paid or received.

 

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

 

Caroline Maclean Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 March 2022

3,251

3,251

At 28 February 2023

3,251

3,251

Depreciation

At 1 March 2022

2,656

2,656

Charge for the year

577

577

At 28 February 2023

3,233

3,233

Carrying amount

At 28 February 2023

18

18

At 28 February 2022

595

595

 

Caroline Maclean Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

5

Debtors

Current

28 February
2023
£

28 February
2022
£

Trade debtors

4,579

4,037

6

Creditors

Creditors: amounts falling due within one year

28 February
2023
£

28 February
2022
£

Due within one year

Trade creditors

26

-

Taxation and social security

10,227

7,719

Accruals and deferred income

990

990

Other creditors

44,893

36,203

56,136

44,912

 

Caroline Maclean Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

7

Share capital

Allotted, called up and fully paid shares

 

28 February
2023

28 February
2022

 

No.

£

No.

£

Ordinary shares of £0.01 each

100

1

100

1

         

8

Related party transactions

Transactions with the director

2023

At 1 March 2022
£

Other payments made to company by director
£

At 28 February 2023
£

Ms Caroline Mary Maclean

Amounts owed to / (from) the Director

36,202

8,691

44,892

       
     

 

2022

At 1 March 2021
£

Other payments made to company by director
£

At 28 February 2022
£

Ms Caroline Mary Maclean

Amounts owed to / (from) the Director

37,057

(855)

36,202