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Company Registration No. 11817051 (England and Wales)
Charles McCain Barrister Limited Unaudited accounts for the year ended 28 February 2023
Charles McCain Barrister Limited Unaudited accounts Contents
Page
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Charles McCain Barrister Limited Company Information for the year ended 28 February 2023
Director
Charles McCain
Company Number
11817051 (England and Wales)
Registered Office
3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ England
Accountants
Abacus Accounting (NE) Limited 3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ
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Charles McCain Barrister Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,003 
17,522 
Current assets
Cash at bank and in hand
59,757 
76,021 
Creditors: amounts falling due within one year
(14,757)
(18,214)
Net current assets
45,000 
57,807 
Net assets
55,003 
75,329 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
55,002 
75,328 
Shareholders' funds
55,003 
75,329 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 17 November 2023 and were signed on its behalf by
Charles McCain Director Company Registration No. 11817051
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Charles McCain Barrister Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Charles McCain Barrister Limited is a private company, limited by shares, registered in England and Wales, registration number 11817051. The registered office is 3a Blue Sky Way, Monkton Business Park South, Hebburn, Tyne and Wear, NE31 2EQ, 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:
Motor vehicles
25% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Charles McCain Barrister Limited Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
38,089 
5,000 
5,000 
48,089 
Additions
- 
- 
5,337 
5,337 
At 28 February 2023
38,089 
5,000 
10,337 
53,426 
Depreciation
At 1 March 2022
28,567 
1,000 
1,000 
30,567 
Charge for the year
9,522 
1,000 
2,334 
12,856 
At 28 February 2023
38,089 
2,000 
3,334 
43,423 
Net book value
At 28 February 2023
- 
3,000 
7,003 
10,003 
At 28 February 2022
9,522 
4,000 
4,000 
17,522 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,769 
2,657 
Taxes and social security
10,988 
15,557 
14,757 
18,214 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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