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REGISTERED NUMBER: 09424945 (England and Wales)











Financial Statements

for the Year Ended 28 February 2023

for

RORY MAC SWEENEY LIMITED

RORY MAC SWEENEY LIMITED (REGISTERED NUMBER: 09424945)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RORY MAC SWEENEY LIMITED

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Dr R T MacSweeney





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 09424945 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

RORY MAC SWEENEY LIMITED (REGISTERED NUMBER: 09424945)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,696 9,100

CURRENT ASSETS
Debtors 5 223,632 197,095
Cash at bank 7,666 3,908
231,298 201,003
CREDITORS
Amounts falling due within one year 6 50,859 78,817
NET CURRENT ASSETS 180,439 122,186
TOTAL ASSETS LESS CURRENT
LIABILITIES

184,135

131,286

CREDITORS
Amounts falling due after more than one year 7 - 1,101
NET ASSETS 184,135 130,185

CAPITAL AND RESERVES
Called up share capital 8 199 199
Retained earnings 183,936 129,986
SHAREHOLDERS' FUNDS 184,135 130,185

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RORY MAC SWEENEY LIMITED (REGISTERED NUMBER: 09424945)

Balance Sheet - continued
28 February 2023


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 director and authorised for issue on 14 November 2023 and were signed by:





Dr R T MacSweeney - Director


RORY MAC SWEENEY LIMITED (REGISTERED NUMBER: 09424945)

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

1. STATUTORY INFORMATION

Rory Mac Sweeney Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents invoiced sales of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on Cost
Computer equipment - 33% on cost

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

RORY MAC SWEENEY LIMITED (REGISTERED NUMBER: 09424945)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 March 2022 22,578 4,168 26,746
Disposals - (400 ) (400 )
At 28 February 2023 22,578 3,768 26,346
DEPRECIATION
At 1 March 2022 16,020 1,626 17,646
Charge for year 4,516 888 5,404
Eliminated on disposal - (400 ) (400 )
At 28 February 2023 20,536 2,114 22,650
NET BOOK VALUE
At 28 February 2023 2,042 1,654 3,696
At 28 February 2022 6,558 2,542 9,100

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machiner
£   
COST
At 1 March 2022
and 28 February 2023 16,800
DEPRECIATION
At 1 March 2022 13,440
Charge for year 3,360
At 28 February 2023 16,800
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 3,360

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 55,033 48,337
Directors' current accounts 168,599 148,758
223,632 197,095

RORY MAC SWEENEY LIMITED (REGISTERED NUMBER: 09424945)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts 1,309 3,197
Trade creditors 3,440 -
Tax 39,879 70,377
Social security and other taxes 2,871 1,803
Accruals and deferred income 3,360 3,440
50,859 78,817

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts - 1,101

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
98 Ordinary A Class £1 98 98
1 Ordinary B Class £1 1 1
1 Ordinary C Class £1 1 1
98 Ordinary D Class £1 98 98
1 Ordinary E Class £1 1 1
199 199

9. RELATED PARTY DISCLOSURES

At the balance sheet date, the director owed an amount of £168,599 (2022: £148,578) to the company. There is interest charged at 2.5%.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Dr R T MacSweeney.