Company Registration No. 07669356 (England and Wales)
MCWILCOCK LIMITED
Unaudited accounts
for the year ended 30 November 2023
MCWILCOCK LIMITED
Unaudited accounts
Contents
MCWILCOCK LIMITED
Company Information
for the year ended 30 November 2023
Directors
T.Wilcock
R.McTavish
Company Number
07669356 (England and Wales)
Registered Office
89 LEIGH ROAD
EASTLEIGH
HAMPSHIRE
SO50 9DQ
ENGLAND
Accountants
SQK Accountancy Limited
Use.Space
Paddock St
Manchester
North West England
M12 6PN
MCWILCOCK LIMITED
Accountants' report
Accountants' report to the board of directors of MCWILCOCK LIMITED on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
MCWILCOCK LIMITED for the year ended
30 November 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of MCWILCOCK LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of MCWILCOCK LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MCWILCOCK LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MCWILCOCK LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MCWILCOCK LIMITED. You consider that MCWILCOCK 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 accounts of MCWILCOCK 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 accounts.
SQK Accountancy Limited
Use.Space
Paddock St
Manchester
North West England
M12 6PN
1 April 2024
MCWILCOCK LIMITED
Statement of financial position
as at 30 November 2023
Investment property
1,465,000
1,465,000
Cash at bank and in hand
13,029
46,172
Creditors: amounts falling due within one year
(50,450)
(111,347)
Net current liabilities
(19,252)
(45,828)
Total assets less current liabilities
1,446,037
1,419,172
Creditors: amounts falling due after more than one year
(1,131,999)
(1,135,313)
Net assets
314,038
283,859
Called up share capital
100
100
Revaluation reserve
337,381
337,381
Profit and loss account
(23,443)
(53,622)
Shareholders' funds
314,038
283,859
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
T.Wilcock
Director
Company Registration No. 07669356
MCWILCOCK LIMITED
Notes to the Accounts
for the year ended 30 November 2023
MCWILCOCK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07669356. The registered office is 89 LEIGH ROAD, EASTLEIGH, HAMPSHIRE, SO50 9DQ, 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.
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% Straight line
4
Tangible fixed assets
Plant & machinery
Fair value at 1 December 2022
1,465,000
At 30 November 2023
1,465,000
MCWILCOCK LIMITED
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
18,169
16,967
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,347
4,347
Loans from directors
42,862
101,360
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,131,999
1,135,313
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).