Eakin Macdonald (Project Management) Limited |
Registered Number:04113797 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
Eakin Macdonald (Project Management) Limited
Statement of Financial Position
2022
2023
Trade and other payables: amounts falling due within one |
year |
(2,285)
(2,921)
2
(2,285)
(2,921)
Net current liabilities
Total assets less current liabilities |
(2,921)
(2,285)
(2,921)
Net liabilities
(2,285)
2
2
(2,923)
(2,287)
(2,921)
(2,285)
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 18 September 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2023
Eakin Macdonald (Project Management) Limited
Notes to the Financial Statements
Statutory Information
Eakin Macdonald (Project Management) Limited is a private limited company, limited by shares, domiciled in |
England and Wales, registration number 04113797. |
Bryn Awel
Brithdir
Dolgellau
Gwynedd
LL40 2RR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and |
the Companies Act 2006. The financial statements have been prepared under the historical costs convention |
as modified by the revaluation of certain assets. |
The Statement of Financial Position shows Net Current Liabilities of £2,921 at 31 December 2023 (2022: |
£2,285). The directors continue to explore new outlets for the company's expertise. During this time the |
directors of the parent undertaking have confirmed that the company can continue to call on its support as |
required. |
After making enquiries the directors have a reasonable expectation that the company has sufficient working |
capital to continue in operational existence for the foreseeable future and to meet its liabilities as they fall |
due. Accordingly, the financial statements have been prepared on the going concern basis. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary |
course of business. |
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised |
cost using the effective interest method less provision for impairment. A provision for impairment of trade |
debtors is established when there is objective evidence that the company will not be able to collect all |
amounts due according to the original terms of the receivables. |
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For the year ended 31 December 2023
Eakin Macdonald (Project Management) Limited
Notes to the Financial Statements Continued
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of |
business from suppliers. Accounts payable are classified as current liabilities if the company does not have an |
unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve |
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve |
months after the reporting date they are presented as non-current liabilities. |
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost |
using the effective interest method. |
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or |
other resources received or receivable, net of direct costs of issuing the equity instruments. If payment is |
deferred and the time value of money is material, the intial measurement is on a present value basis. |
2. Trade and other payables: amounts falling due within one year |
2022
2023
250
-
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
2,671
1,930
-
355
2,921
2,285
3. Related party transactions |
Exemption has been taken under paragraph 1AC. 35, FRS 102 not to disclose transactions and balances with |
other group companies that are wholly owned within the group. |
4. Average number of persons employed |
During the year the average number of employees was 0 (2022: 0)
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For the year ended 31 December 2023
Eakin Macdonald (Project Management) Limited
Notes to the Financial Statements Continued
5. Parent-subsidiary relationship |
The company is a wholly-owned subsidiary of Eakin Macdonald & Associates Limited, a company registered in England and Wales. The parent company's Registered Office address is at: c/o Summit Bookkeeping LtdBryn AwelBrithdirDolgellauGwyneddLL40 2RR The parent company's principal place of business address is at: Spa House18 Upper Grosvenor RoadTunbridge WellsKentTN1 2EP |
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