2023-01-01 04113797 2023-12-31 04113797 2023-01-01 2023-12-31 04113797 2022-12-31 04113797 2022-01-01 2022-12-31 04113797 uk-core:WithinOneYear 2022-12-31 04113797 uk-core:WithinOneYear 2023-12-31 04113797 uk-core:ShareCapital 2023-12-31 04113797 uk-core:ShareCapital 2022-12-31 04113797 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 04113797 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 04113797 uk-bus:Director1 2023-01-01 2023-12-31 04113797 uk-bus:Director2 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 04113797 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04113797 uk-bus:FRS102 2023-01-01 2023-12-31 04113797 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 04113797 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Draft
Eakin Macdonald (Project Management) Limited
Registered Number:04113797
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
Draft
Registered Number :
04113797
As at 31 December 2023
Eakin Macdonald (Project Management) Limited
Statement of Financial Position
£
£
2022
2023
Notes
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)
Capital and reserves
Called up share capital
2
2
Retained earnings
(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.
K R Eakin Director
S C Macdonald Director
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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Draft
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.
Registered address:
Bryn Awel
Brithdir
Dolgellau
Gwynedd
LL40 2RR
The presentation currency is £ sterling.
1. Accounting policies
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.
Going Concern
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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Draft
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
£
£
Trade creditors
250
-
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
2,671
1,930
Other creditors
-
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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Draft
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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