Company Registration No. 08340947 (England and Wales)
J Merrigan Production Services Limited
Unaudited accounts
for the year ended 31 December 2023
J Merrigan Production Services Limited
Unaudited accounts
Contents
J Merrigan Production Services Limited
Company Information
for the year ended 31 December 2023
Directors
Bernard Merrigan
Elizabeth Merrigan
Company Number
08340947 (England and Wales)
Registered Office
34 Stirling Way
Papworth Everard
Cambridge
Cambridgeshire
CB23 3GY
Accountants
ST Accountancy Services Ltd
Corner House
Market Place
Braintree
Essex
CM7 3HQ
J Merrigan Production Services Limited
Statement of financial position
as at 31 December 2023
Tangible assets
459,235
453,846
Cash at bank and in hand
66,906
119,991
Creditors: amounts falling due within one year
(250,127)
(285,493)
Net current liabilities
(117,091)
(94,752)
Net assets
342,144
359,094
Called up share capital
100
100
Profit and loss account
342,044
358,994
Shareholders' funds
342,144
359,094
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by
Bernard Merrigan
Director
Company Registration No. 08340947
J Merrigan Production Services Limited
Notes to the Accounts
for the year ended 31 December 2023
J Merrigan Production Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08340947. The registered office is 34 Stirling Way, Papworth Everard, Cambridge, Cambridgeshire, CB23 3GY.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
10% reducing balance method
Motor vehicles
25% reducing balance method
Fixtures & fittings
25% reducing balance method
Computer equipment
10% reducing balance method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
258,394
283,722
18,750
1,065
561,931
Additions
-
28,998
-
-
28,998
At 31 December 2023
258,394
312,720
18,750
1,065
590,929
At 1 January 2023
4,022
89,326
14,418
319
108,085
Charge for the year
-
22,339
1,083
187
23,609
At 31 December 2023
4,022
111,665
15,501
506
131,694
At 31 December 2023
254,372
201,055
3,249
559
459,235
At 31 December 2022
254,372
194,396
4,332
746
453,846
J Merrigan Production Services Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
-
42,750
Other debtors
28,000
28,000
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
186,436
201,767
Trade creditors
1,297
6,941
Taxes and social security
6,740
12,721
Loans from directors
41,606
44,917
7
Average number of employees
During the year the average number of employees was 3 (2022: 2).