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REGISTERED NUMBER: 03535253 (England and Wales)









Unaudited Financial Statements

for the Year Ended 5 April 2024

for

Martin McMahon Consulting Limited

Martin McMahon Consulting Limited (Registered number: 03535253)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Martin McMahon Consulting Limited

Company Information
for the Year Ended 5 April 2024







DIRECTOR: M J McMahon





SECRETARY: M J McLoughlin





REGISTERED OFFICE: Unit 7
Mulberry Place
Pinnell Road
Eltham
London
SE9 6AR





REGISTERED NUMBER: 03535253 (England and Wales)





ACCOUNTANTS: Nichols & Co ( Accountancy ) Limited
Chartered Accountants
Unit 7
Mulberry Place
Pinnell Road
Eltham
London
SE9 6AR

Martin McMahon Consulting Limited (Registered number: 03535253)

Balance Sheet
5 April 2024

5.4.24 5.4.23
Notes £ £
FIXED ASSETS
Tangible assets 4 990 199

CURRENT ASSETS
Debtors 5 11,832 -
Cash at bank 484,866 503,479
496,698 503,479
CREDITORS
Amounts falling due within one year 6 (60,627 ) (41,960 )
NET CURRENT ASSETS 436,071 461,519
TOTAL ASSETS LESS CURRENT
LIABILITIES

437,061

461,718

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 436,961 461,618
SHAREHOLDERS' FUNDS 437,061 461,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 August 2024 and were signed by:





M J McMahon - Director


Martin McMahon Consulting Limited (Registered number: 03535253)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

Martin McMahon Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Martin McMahon Consulting Limited (Registered number: 03535253)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£ £ £
COST
At 6 April 2023 6,312 - 6,312
Additions - 985 985
At 5 April 2024 6,312 985 7,297
DEPRECIATION
At 6 April 2023 6,113 - 6,113
Charge for year 50 144 194
At 5 April 2024 6,163 144 6,307
NET BOOK VALUE
At 5 April 2024 149 841 990
At 5 April 2023 199 - 199

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£ £
Trade debtors 11,832 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£ £
Corporation tax 18,864 12,165
VAT 7,752 -
Other creditors 927 859
Directors' current accounts 30,634 26,770
Accruals and deferred income 2,450 2,166
60,627 41,960

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 5.4.24 5.4.23
value: £ £
100 Ordinary £1 100 100

Martin McMahon Consulting Limited (Registered number: 03535253)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 April 2024 and 5 April 2023:

5.4.24 5.4.23
£ £
M J McMahon
Balance outstanding at start of year (26,771 ) 33,668
Amounts advanced 97,456 108,701
Amounts repaid (101,319 ) (169,140 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (30,634 ) (26,771 )

9. CONTROLLING PARTY

The controlling and ultimate controlling party of the company is M J McMahon, the director of the company.