Company Registration No. 09209446 (England and Wales)
M Everall Consultancy Ltd
Unaudited accounts
for the year ended 31 March 2024
M Everall Consultancy Ltd
Unaudited accounts
Contents
M Everall Consultancy Ltd
Company Information
for the year ended 31 March 2024
Company Number
09209446 (England and Wales)
Registered Office
Clifden
Old Carnon Hill Carnon Downs
TRURO
Cornwall
TR3 6LE
England
Accountants
KMK Accounting Ltd
50 Eglos Road
TR4 9BZ
M Everall Consultancy Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
45,758
28,915
Inventories
666,307
458,720
Cash at bank and in hand
5,205
32,136
Creditors: amounts falling due within one year
(748,106)
(493,383)
Net current liabilities
(39,406)
(2,527)
Total assets less current liabilities
6,352
26,388
Creditors: amounts falling due after more than one year
(11,733)
(16,133)
Net (liabilities)/assets
(5,381)
10,255
Called up share capital
4
4
Profit and loss account
(5,385)
10,251
Shareholders' funds
(5,381)
10,255
For the year ending 31 March 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 June 2024 and were signed on its behalf by
Michael Everall
Director
Company Registration No. 09209446
M Everall Consultancy Ltd
Notes to the Accounts
for the year ended 31 March 2024
M Everall Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 09209446. The registered office is Clifden, Old Carnon Hill Carnon Downs, TRURO, Cornwall, TR3 6LE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
M Everall Consultancy Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
16,186
27,596
43,782
At 31 March 2024
48,281
27,596
75,877
At 1 April 2023
11,417
3,450
14,867
Charge for the year
9,216
6,036
15,252
At 31 March 2024
20,633
9,486
30,119
At 31 March 2024
27,648
18,110
45,758
At 31 March 2023
4,769
24,146
28,915
Work in progress
666,307
458,720
Amounts falling due within one year
Accrued income and prepayments
6,266
-
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,400
4,398
Taxes and social security
-
1,296
Other creditors
354,005
472,821
Loans from directors
385,164
14,868
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,733
16,133
M Everall Consultancy Ltd
Notes to the Accounts
for the year ended 31 March 2024
9
Transactions with related parties
At the period end, the company owed £385,164 (2023: £14,858) to the director Mr M Everall. The loan is interest free and repayable after less than one year.
At year end, there was a loan payable to a company controlled by Mr M Everall of £354,005 (2023: £472,821). The loan is interest-free and is payable on demand.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).