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REGISTERED NUMBER: 06972419 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MEACHER & ASSOCIATES LIMITED

MEACHER & ASSOCIATES LIMITED (REGISTERED NUMBER: 06972419)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Report of the accountants 9

MEACHER & ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: D J Meacher





REGISTERED OFFICE: 1,The Old Lookout
Cemaes Bay
Anglesey
LL67 0NF





REGISTERED NUMBER: 06972419 (England and Wales)





ACCOUNTANTS: Fraser Wood Limited
Chartered Certified Accountants
2 Llys Onnen
Ffordd Y Llyn
Parc Menai
Bangor
Gwynedd
LL57 4DF

MEACHER & ASSOCIATES LIMITED (REGISTERED NUMBER: 06972419)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 30,286 45,427
Tangible assets 5 32,965 36,617
63,251 82,044

CURRENT ASSETS
Stocks 2,400 2,400
Debtors 6 - 2,202
Cash at bank and in hand 25,338 34,288
27,738 38,890
CREDITORS
Amounts falling due within one year 7 (45,592 ) (47,784 )
NET CURRENT LIABILITIES (17,854 ) (8,894 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,397

73,150

PROVISIONS FOR LIABILITIES (8,241 ) (6,957 )
NET ASSETS 37,156 66,193

MEACHER & ASSOCIATES LIMITED (REGISTERED NUMBER: 06972419)

BALANCE SHEET - continued
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 37,056 66,093
SHAREHOLDERS' FUNDS 37,156 66,193

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 5 September 2024 and were signed by:





D J Meacher - Director


MEACHER & ASSOCIATES LIMITED (REGISTERED NUMBER: 06972419)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Meacher & Associates 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 represents amounts receivable for dental services.

Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


MEACHER & ASSOCIATES LIMITED (REGISTERED NUMBER: 06972419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2023 - 10 ) .

MEACHER & ASSOCIATES LIMITED (REGISTERED NUMBER: 06972419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 189,266
AMORTISATION
At 1 April 2023 143,839
Charge for year 15,141
At 31 March 2024 158,980
NET BOOK VALUE
At 31 March 2024 30,286
At 31 March 2023 45,427

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 125,674
Additions 2,165
At 31 March 2024 127,839
DEPRECIATION
At 1 April 2023 89,057
Charge for year 5,817
At 31 March 2024 94,874
NET BOOK VALUE
At 31 March 2024 32,965
At 31 March 2023 36,617

MEACHER & ASSOCIATES LIMITED (REGISTERED NUMBER: 06972419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023 6,593
Transfer to ownership (6,593 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 2,696
Transfer to ownership (2,696 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 3,897

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 2,202

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts - 1,236
Trade creditors 18,676 21,738
Taxation and social security 22,312 22,271
Other creditors 4,604 2,539
45,592 47,784

MEACHER & ASSOCIATES LIMITED (REGISTERED NUMBER: 06972419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Hire purchase contracts - 1,236

Net obligations under finance lease and hire purchase contracts are secured by fixed charges on the assets concerned.

9. TRANSACTIONS WITH DIRECTOR

The director's loan £4,033 ( 31.3.23 - £732 ) is included in creditors falling due within one year.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D J Meacher, director and majority shareholder.

MEACHER & ASSOCIATES LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
MEACHER & ASSOCIATES LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Director's report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 we have prepared for your approval the accounts of Meacher & Associates Limited for the year ended 31 March 2024 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 http://rulebook.accaglobal.com.

Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.






Fraser Wood Limited
Chartered Certified Accountants
2 Llys Onnen
Ffordd Y Llyn
Parc Menai
Bangor
Gwynedd
LL57 4DF


5 September 2024