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REGISTERED NUMBER: 08951581 (England and Wales)















McPave (Northampton) Ltd

Unaudited Financial Statements

for the Year Ended 31st March 2023






McPave (Northampton) Ltd (Registered number: 08951581)

Contents of the Financial Statements
for the Year Ended 31st March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


McPave (Northampton) Ltd

Company Information
for the Year Ended 31st March 2023







DIRECTORS: G A McAllister
Mrs J R McAllister





REGISTERED OFFICE: 95 Northampton Lane South
Moulton
Northampton
Northamptonshire
NN3 7RH





REGISTERED NUMBER: 08951581 (England and Wales)





ACCOUNTANTS: Tobutt & Co
132 Northampton Lane North
Moulton
Northampton
NN3 7QW

McPave (Northampton) Ltd (Registered number: 08951581)

Balance Sheet
31st March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,206 10,939

CURRENT ASSETS
Debtors 5 36,547 46,679
Cash at bank 2,462 22,903
39,009 69,582
CREDITORS
Amounts falling due within one year 6 27,722 31,328
NET CURRENT ASSETS 11,287 38,254
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,493

49,193

CREDITORS
Amounts falling due after more than one
year

7

22,355

32,059
NET ASSETS 138 17,134

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 38 17,034
SHAREHOLDERS' FUNDS 138 17,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

McPave (Northampton) Ltd (Registered number: 08951581)

Balance Sheet - continued
31st March 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 Board of Directors and authorised for issue on 17th November 2023 and were signed on its behalf by:





G A McAllister - Director


McPave (Northampton) Ltd (Registered number: 08951581)

Notes to the Financial Statements
for the Year Ended 31st March 2023


1. STATUTORY INFORMATION

McPave (Northampton) Ltd 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

McPave (Northampton) Ltd (Registered number: 08951581)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2022 506 25,164 341 26,011
Additions - 4,000 - 4,000
At 31st March 2023 506 29,164 341 30,011
DEPRECIATION
At 1st April 2022 127 14,642 303 15,072
Charge for year 94 3,630 9 3,733
At 31st March 2023 221 18,272 312 18,805
NET BOOK VALUE
At 31st March 2023 285 10,892 29 11,206
At 31st March 2022 379 10,522 38 10,939

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 14,405
Other debtors 36,547 32,274
36,547 46,679

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 397 397
Taxation and social security 11,429 15,993
Other creditors 5,896 4,938
27,722 31,328

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 22,355 32,059

McPave (Northampton) Ltd (Registered number: 08951581)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023


8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1st April 2022 17,034
Profit for the year 6,004
Dividends (23,000 )
At 31st March 2023 38

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £20,700 were paid to the directors .

At the year end G A McAllister Esq, a director and shareholder of the company owed the company £7,688 (2022 - £1,471 was owed to G A McAllister Esq.). This sum was repaid within 9 months of the year end and is included within other debtors (2022 - within other creditors).