Company registration number 04444049 (England and Wales)
MALCOLM RILEY ASSOCIATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
MALCOLM RILEY ASSOCIATES LIMITED
COMPANY INFORMATION
Directors
Mr M Riley
Mrs S J Shields
Secretary
Mrs S J Shields
Company number
04444049
Registered office
Fox Hall
Cotherstone
Barnard Castle
Co. Durham
DL12 9NL
Accountants
Benson Wood (Darlington) Ltd
Unit 3E Enterprise House
Valley Street North
Darlington
Co Durham
DL1 1GY
Business address
Fox Hall
Cotherstone
Barnard Castle
Co. Durham
DL12 9NL
MALCOLM RILEY ASSOCIATES LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
MALCOLM RILEY ASSOCIATES LIMITED
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF MALCOLM RILEY ASSOCIATES LIMITED
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Malcolm Riley Associates Limited for the year ended 31 May 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made solely to the board of directors of Malcolm Riley Associates Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Malcolm Riley Associates Limited and state those matters that we have agreed to state to the board of directors of Malcolm Riley Associates Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Malcolm Riley Associates Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Malcolm Riley Associates Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Malcolm Riley Associates Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Malcolm Riley Associates Limited. 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.
Benson Wood (Darlington) Ltd
22 August 2024
Chartered Certified Accountants
Unit 3E Enterprise House
Valley Street North
Darlington
Co Durham
DL1 1GY
MALCOLM RILEY ASSOCIATES LIMITED
BALANCE SHEET
- 2 -
2024
2023
£
£
£
£
Current assets
4,514
20,249
Prepayments and accrued income
2,685
5,064
Creditors: amounts falling due within one year
(6,922)
(24,943)
Net current assets
277
370
Net assets
277
370
Capital and reserves
277
370
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
2
Transaction to directors
At the balance sheet date there was a loan balance due to the director's of £1,926 (2023: £9,004). The loan is unsecured, interest free and repayable on demand.
Malcolm Riley Associates Limited is a private company limited by shares incorporated in England and Wales. The registered office is Fox Hall, Cotherstone, Barnard Castle, Co. Durham, DL12 9NL.
For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
MALCOLM RILEY ASSOCIATES LIMITED
BALANCE SHEET (CONTINUED)
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 21 August 2024 and are signed on its behalf by:
Mr M Riley
Mrs S J Shields
Director
Director
Company registration number 04444049 (England and Wales)