2022-08-01 08632048 2023-07-31 08632048 2022-08-01 2023-07-31 08632048 2022-07-31 08632048 2021-08-01 2022-07-31 08632048 uk-core:WithinOneYear 2022-07-31 08632048 uk-core:WithinOneYear 2023-07-31 08632048 uk-core:AfterOneYear 2022-07-31 08632048 uk-core:AfterOneYear 2023-07-31 08632048 uk-core:ShareCapital 2023-07-31 08632048 uk-core:ShareCapital 2022-07-31 08632048 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 08632048 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 08632048 uk-bus:Director1 2022-08-01 2023-07-31 08632048 uk-core:PlantMachinery 2022-08-01 2023-07-31 08632048 uk-core:MotorCars 2022-08-01 2023-07-31 08632048 uk-core:MotorCars 2022-07-31 08632048 uk-core:PlantMachinery 2022-07-31 08632048 uk-core:PlantMachinery 2023-07-31 08632048 uk-core:MotorCars 2023-07-31 08632048 uk-core:AfterOneYear uk-core:Secured 2023-07-31 08632048 uk-core:AfterOneYear uk-core:Secured 2022-07-31 iso4217:GBP xbrli:pure 08632048 uk-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 08632048 uk-bus:FRS102 2022-08-01 2023-07-31 08632048 uk-bus:FilletedAccounts 2022-08-01 2023-07-31 08632048 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31
McShane Decorating Leicester Limited
Registered Number:08632048
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2023
McShane Decorating Leicester Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08632048
As at 31 July 2023
McShane Decorating Leicester Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,146
1,528
2
1,146
1,528
Current assets
2,927
Cash and cash equivalents
544
544
2,927
Trade and other payables: amounts falling due
within one year
(7,501)
(5,041)
3
(4,574)
(4,497)
Net current liabilities
Total assets less current liabilities
(3,351)
(3,046)
Trade and other payables: amounts falling due after
more than one year
(9,194)
(15,441)
4
(18,792)
Net liabilities
(12,240)
Capital and reserves
Called up share capital
100
100
Retained earnings
(18,892)
(12,340)
(18,792)
(12,240)
Shareholders' funds
For the year ended 31 July 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 July 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 deliver
ed.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Neil Mcshane Director
These financial statements were approved and authorised for issue by the Board on 24 January 2024 and were signed by:
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4
Registered Number :
08632048
For the year ended 31 July 2023
McShane Decorating Leicester Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 31 July 2023
McShane Decorating Leicester Limited
Notes to the Financial Statements
Statutory Information
McShane Decorating Leicester Limited is a private limited company, limited by shares, domiciled in
England and Wales, registration number 08632048.
Registered address:
4 Staythorpe Road
Barkby Thorpe
Leicester
Leicestershire
LE4 9HJ
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.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25 Reducing balance
25 Reducing balance
Motor vehicles
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6
For the year ended 31 July 2023
McShane Decorating Leicester Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor
vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 August 2022
9,844
7,624
2,220
At 31 July 2023
2,220
7,624
9,844
Provision for depreciation and impairmen
t
At 01 August 2022
8,316
6,300
2,016
Charge for year
382
331
51
At 31 July 2023
8,698
6,631
2,067
At 31 July 2023
Net book value
153
993
1,146
At 31 July 2022
204
1,324
1,528
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
3,009
2,685
Other creditors
2,032
4,816
5,041
7,501
4. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
7,120
8,184
Other creditors
8,321
1,010
15,441
9,194
5. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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