Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3112023-01-01falsePR Services1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04981582 2023-01-01 2023-12-31 04981582 2022-01-01 2022-12-31 04981582 2023-12-31 04981582 2022-12-31 04981582 c:Director1 2023-01-01 2023-12-31 04981582 c:RegisteredOffice 2023-01-01 2023-12-31 04981582 d:PlantMachinery 2023-12-31 04981582 d:PlantMachinery 2022-12-31 04981582 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04981582 d:OfficeEquipment 2023-01-01 2023-12-31 04981582 d:CurrentFinancialInstruments 2023-12-31 04981582 d:CurrentFinancialInstruments 2022-12-31 04981582 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04981582 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 04981582 d:ShareCapital 2023-12-31 04981582 d:ShareCapital 2022-12-31 04981582 d:RetainedEarningsAccumulatedLosses 2023-12-31 04981582 d:RetainedEarningsAccumulatedLosses 2022-12-31 04981582 c:OrdinaryShareClass1 2023-01-01 2023-12-31 04981582 c:OrdinaryShareClass1 2023-12-31 04981582 c:FRS102 2023-01-01 2023-12-31 04981582 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04981582 c:FullAccounts 2023-01-01 2023-12-31 04981582 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04981582 2 2023-01-01 2023-12-31 04981582 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04981582









SIMON MCKAY PR LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
SIMON MCKAY PR LTD
 
 
COMPANY INFORMATION


Director
S McKay 




Registered number
04981582



Registered office
27 Broadway
Wilburton

Ely

Cambridgeshire

CB6 3RT




Accountants
MA Partners LLP
Chartered Accountants

7 The Close

Norwich

Norfolk

NR1 4DJ





 
SIMON MCKAY PR LTD
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Notes to the financial statements
 
 
4 - 7

 
SIMON MCKAY PR LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SIMON MCKAY PR LTD
FOR THE YEAR ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Simon McKay PR Ltd for the year ended 31 December 2023 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Simon McKay PR Ltd in accordance with the terms of our engagement letter dated 21 March 2023Our work has been undertaken solely to prepare for your approval the financial statements of Simon McKay PR Ltd  and state those matters that we have agreed to state to the director of Simon McKay PR Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Simon McKay PR Ltd and its director for our work or for this report. 

It is your duty to ensure that Simon McKay PR Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Simon McKay PR Ltd. You consider that Simon McKay PR Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Simon McKay PR Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  





MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ

11 March 2024
Page 1

 
SIMON MCKAY PR LTD
REGISTERED NUMBER: 04981582

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
719
1,079

  
719
1,079

Current assets
  

Debtors: amounts falling due within one year
 5 
4,620
14,603

Cash at bank and in hand
  
46,775
31,943

  
51,395
46,546

Creditors: amounts falling due within one year
 6 
(13,034)
(19,225)

Net current assets
  
 
 
38,361
 
 
27,321

Total assets less current liabilities
  
39,080
28,400

Provisions for liabilities
  

Deferred tax
  
(144)
(216)

  
 
 
(144)
 
 
(216)

Net assets
  
38,936
28,184


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
38,935
28,183

  
38,936
28,184

Page 2

 
SIMON MCKAY PR LTD
REGISTERED NUMBER: 04981582
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 March 2024.






S McKay
Director

The notes on pages 4 to 7 form part of these financial statements.
Page 3

 
SIMON MCKAY PR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Company is a private company limited by shares.  It is both incorporated and domiciled in England and Wales.  The address of its registered office is 27 Broadway, Wilburton, Ely, Cambridgeshire, CB6 3RT.
The Company's principal place of activity is Cambridgeshire and the Company's principal activity is that of PR services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable.  Revenue for PR services is recognised in the period in which the services are provided.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. 

Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
SIMON MCKAY PR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
33%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
SIMON MCKAY PR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 January 2023
9,981



At 31 December 2023

9,981



Depreciation


At 1 January 2023
8,902


Charge for the year on owned assets
360



At 31 December 2023

9,262



Net book value



At 31 December 2023
719



At 31 December 2022
1,079

5.


Debtors

2023
2022
£
£


Trade debtors
4,620
14,570

Other debtors
-
33

4,620
14,603


Page 6

 
SIMON MCKAY PR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
11,710
17,951

Accruals and deferred income
1,324
1,274

13,034
19,225



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 Ordinary share of £1.00
1
1


 
Page 7