2022-06-01 03769833 2023-05-31 03769833 2022-06-01 2023-05-31 03769833 2022-05-31 03769833 2021-06-01 2022-05-31 03769833 uk-core:AfterOneYear uk-bus:Original 2022-05-31 03769833 uk-core:AfterOneYear uk-bus:Original 2023-05-31 03769833 uk-core:ShareCapital uk-bus:Original 2023-05-31 03769833 uk-core:ShareCapital uk-bus:Original 2022-05-31 03769833 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-05-31 03769833 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-05-31 03769833 uk-bus:Director1 uk-bus:Original 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure 03769833 uk-bus:AuditExempt-NoAccountantsReport uk-bus:Original 2022-06-01 2023-05-31 03769833 uk-bus:FRS102 uk-bus:Original 2022-06-01 2023-05-31 03769833 uk-bus:FilletedAccounts uk-bus:Original 2022-06-01 2023-05-31 03769833 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-06-01 2023-05-31
Michael Paterson & Associates Ltd
Registered Number:03769833
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2023
Michael Paterson & Associates Ltd
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
Registered Number :
03769833
As at 31 May 2023
Michael Paterson & Associates Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
(1)
(1)
2
(1)
(1)
Current assets
21
Cash and cash equivalents
329
329
21
Total assets less current liabilities
328
20
Trade and other payables: amounts falling due after more than one
year
(12,250)
(12,250)
3
(11,922)
Net liabilities
(12,230)
Capital and reserves
Called up share capital
101
101
Retained earnings
(12,023)
(12,331)
(11,922)
(12,230)
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Michael Paterson Director
These financial statements were approved and authorised for issue by the Board on 09 February 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2023
Michael Paterson & Associates Ltd
Notes to the Financial Statements
Statutory Information
Michael Paterson & Associates Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 03769833.
Registered address:
24 Ashfield Road
Salisbury
Wiltshire
SP2 7EW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial
statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
2. Property, plant and equipment
Computer
equipment
£
Cost or valuation
At 01 June 2022
13,262
At 31 May 2023
13,262
Provision for depreciation and impairment
At 01 June 2022
13,263
At 31 May 2023
13,263
At 31 May 2023
Net book value
(1)
At 31 May 2022
(1)
3. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
12,250
12,250
4. Average number of persons employed
During the year the average number of employees was 0
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