1 February 2023 false No description of principal activity Taxfiler 2024.5 04652414business:PrivateLimitedCompanyLtd2023-02-012024-01-31 046524142023-01-31 046524142023-02-012024-01-31 04652414business:AuditExemptWithAccountantsReport2023-02-012024-01-31 04652414business:FilletedAccounts2023-02-012024-01-31 046524142024-01-31 04652414business:Director12023-02-012024-01-31 04652414business:RegisteredOffice2023-02-012024-01-31 046524142023-01-31 04652414core:WithinOneYear2024-01-31 04652414core:WithinOneYear2023-01-31 04652414core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 04652414core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 04652414core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 04652414core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 04652414core:PreviouslyStatedAmount2024-01-31 04652414core:PreviouslyStatedAmount2023-01-31 04652414business:SmallEntities2023-02-012024-01-31 04652414countries:EnglandWales2023-02-012024-01-31 04652414core:PlantMachinery2023-02-012024-01-31 04652414core:MotorVehicles2023-02-012024-01-31 04652414core:PlantMachinery2023-01-31 04652414core:MotorVehicles2023-01-31 04652414core:PlantMachinery2024-01-31 04652414core:MotorVehicles2024-01-31 04652414core:AdditionsToInvestments2024-01-31 046524142022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 04652414 (England and Wales)
C MCGOUGH & SONS LIMITED Unaudited accounts for the year ended 31 January 2024
C MCGOUGH & SONS LIMITED Unaudited accounts Contents
Page
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C MCGOUGH & SONS LIMITED Company Information for the year ended 31 January 2024
Director
Mr T McGough
Company Number
04652414 (England and Wales)
Registered Office
Moreton House 79 Roundwell Street Tunstall ST6 5AW UK
Accountants
Paul Austen Associates Ltd Riverside Mountbatten Way Congleton Cheshire CW12 1DY
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C MCGOUGH & SONS LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
234,357 
273,022 
Investments
15,996 
- 
250,353 
273,022 
Current assets
Inventories
30,000 
30,000 
Debtors
241,112 
241,400 
Cash at bank and in hand
248,630 
254,845 
519,742 
526,245 
Creditors: amounts falling due within one year
(153,499)
(114,068)
Net current assets
366,243 
412,177 
Total assets less current liabilities
616,596 
685,199 
Provisions for liabilities
Deferred tax
(61,538)
(61,538)
Net assets
555,058 
623,661 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
554,058 
622,661 
Shareholders' funds
555,058 
623,661 
For the year ending 31 January 2024 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 director acknowledges his 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 and authorised for issue on 17 June 2024 and were signed on its behalf by
Mr T McGough Director Company Registration No. 04652414
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C MCGOUGH & SONS LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
C MCGOUGH & SONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04652414. The registered office is Moreton House, 79 Roundwell Street, Tunstall, ST6 5AW, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
15% reducing balance basis
Motor vehicles
20% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
379,504 
305,484 
684,988 
Additions
1,662 
- 
1,662 
At 31 January 2024
381,166 
305,484 
686,650 
Depreciation
At 1 February 2023
152,476 
259,490 
411,966 
Charge for the year
34,204 
6,123 
40,327 
At 31 January 2024
186,680 
265,613 
452,293 
Net book value
At 31 January 2024
194,486 
39,871 
234,357 
At 31 January 2023
227,028 
45,994 
273,022 
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C MCGOUGH & SONS LIMITED Notes to the Accounts for the year ended 31 January 2024
5
Investments
Other investments 
£ 
Valuation at 1 February 2023
- 
Additions
15,996 
Valuation at 31 January 2024
15,996 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
232,847 
238,921 
Accrued income and prepayments
2,589 
- 
Other debtors
5,676 
2,479 
241,112 
241,400 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,641 
3,165 
Obligations under finance leases and hire purchase contracts
44,384 
59,498 
Trade creditors
97,451 
36,212 
Taxes and social security
18,163 
15,571 
Loans from directors
(10,140)
(378)
153,499 
114,068 
8
Average number of employees
During the year the average number of employees was 14 (2023: 14).
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