MACINTYRE QUINN CONSULTING LTD

Company Registration Number:
SC444283 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

MACINTYRE QUINN CONSULTING LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

MACINTYRE QUINN CONSULTING LTD

Company Information

for the Period Ended 31 March 2023




Director: Ewan MacIntyre
Maria Quinn
Registered office: 13
Lenzie Road
Stepps
Glasgow
G33 6DU
Company Registration Number: SC444283 (Scotland)

MACINTYRE QUINN CONSULTING LTD

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Ewan MacIntyre
Maria Quinn

This report was approved by the board of directors on 23 December 2023
And Signed On Behalf Of The Board By:

Name: Ewan MacIntyre
Status: Director

MACINTYRE QUINN CONSULTING LTD

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Turnover 73,604 81,980
Cost of sales ( 33,554 ) ( 32,873 )
Gross Profit or (Loss) 40,050 49,107
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 245 ) ( 175 )
Administrative Expenses ( 848 ) ( 1,503 )
Operating Profit or (Loss) 38,957 47,429
Interest Receivable and Similar Income 18 60
Profit or (Loss) Before Tax 38,975 47,489
Tax on Profit ( 7,170 ) ( 8,423 )
Profit or (Loss) for Period 31,805 39,066

The notes form part of these financial statements

MACINTYRE QUINN CONSULTING LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 4,017 5,153
Total fixed assets: 4,017 5,153
Current assets
Debtors: 6 12,206 15,078
Cash at bank and in hand: 2,030 40,371
Total current assets: 14,236 55,449
Creditors: amounts falling due within one year: 7 ( 13,959 ) ( 18,114 )
Net current assets (liabilities): 277 37,335
Total assets less current liabilities: 4,294 42,488
Total net assets (liabilities): 4,294 42,488

The notes form part of these financial statements

MACINTYRE QUINN CONSULTING LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 4,194 42,388
Shareholders funds: 4,294 42,488

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 23 December 2023
And Signed On Behalf Of The Board By:

Name: Ewan MacIntyre
Status: Director

The notes form part of these financial statements

MACINTYRE QUINN CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax due under the flat rate scheme. For the accounting period 2020/21, the flat rate was 16.5% (Low Cost Trader).

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:
    Computer equipment: 33.33% on cost
    Anything else: 20% on cost

    Valuation information and policy

    The company invoices all outstanding work at the end of each working month removing the need to value work in progress. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

    Other accounting policies

    Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are expected to apply in the periods when the timing differences will reverse and has not been discounted.

MACINTYRE QUINN CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

MACINTYRE QUINN CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

MACINTYRE QUINN CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Dividends


2023
£

2022
£
Dividends paid 70,000 50,000

MACINTYRE QUINN CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 April 2022 2,636 9,942 12,578
Additions 177 2,676 2,853
Disposals ( 849 ) ( 1,832 ) ( 2,681 )
Revaluations - - -
Transfers - - -
At 31 March 2023 1,964 10,786 12,750
Depreciation
At 01 April 2022 1,646 5,779 7,425
Charge for year 393 3,596 3,989
On disposals ( 849 ) ( 1,832 ) ( 2,681 )
Other adjustments - - -
At 31 March 2023 1,190 7,543 8,733
Net book value
At 31 March 2023 774 3,243 4,017
At 31 March 2022 990 4,163 5,153

MACINTYRE QUINN CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Debtors


2023
£

2022
£
Trade debtors 12,206 15,078
Total 12,206 15,078

MACINTYRE QUINN CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 9,808 12,211
Other creditors 4,151 5,903
Total 13,959 18,114