IRIS Accounts Production v24.1.4.33 13137746 director 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131377462023-01-31131377462024-01-31131377462023-02-012024-01-31131377462022-01-31131377462022-02-012023-01-31131377462023-01-3113137746ns15:EnglandWales2023-02-012024-01-3113137746ns14:PoundSterling2023-02-012024-01-3113137746ns10:Director12023-02-012024-01-3113137746ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3113137746ns10:SmallEntities2023-02-012024-01-3113137746ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3113137746ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3113137746ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3113137746ns10:FullAccounts2023-02-012024-01-3113137746ns10:OrdinaryShareClass12023-02-012024-01-3113137746ns10:OrdinaryShareClass22023-02-012024-01-3113137746ns10:RegisteredOffice2023-02-012024-01-3113137746ns5:CurrentFinancialInstruments2024-01-3113137746ns5:CurrentFinancialInstruments2023-01-3113137746ns5:ShareCapital2024-01-3113137746ns5:ShareCapital2023-01-3113137746ns5:RetainedEarningsAccumulatedLosses2024-01-3113137746ns5:RetainedEarningsAccumulatedLosses2023-01-3113137746ns5:ComputerEquipment2023-02-012024-01-3113137746ns5:PlantMachinery2023-01-3113137746ns5:PlantMachinery2023-02-012024-01-3113137746ns5:PlantMachinery2024-01-3113137746ns5:PlantMachinery2023-01-3113137746ns10:OrdinaryShareClass12024-01-3113137746ns10:OrdinaryShareClass22024-01-31
REGISTERED NUMBER: 13137746 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

MCARDLE DESIGN LIMITED

MCARDLE DESIGN LIMITED (REGISTERED NUMBER: 13137746)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MCARDLE DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: J M Mcardle





REGISTERED OFFICE: 4 Gibside Chase
Rowlands Gill
Tyne and Wear
NE39 1BN





REGISTERED NUMBER: 13137746 (England and Wales)





ACCOUNTANTS: Ribchesters
Chartered Accountants
Finchale House
Belmont Business Park
Durham
DH1 1TW

MCARDLE DESIGN LIMITED (REGISTERED NUMBER: 13137746)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,205 954

CURRENT ASSETS
Cash at bank 30,813 34,224

CREDITORS
Amounts falling due within one year 5 5,021 18,111
NET CURRENT ASSETS 25,792 16,113
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,997

17,067

PROVISIONS FOR LIABILITIES 301 239
NET ASSETS 26,696 16,828

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 26,596 16,728
SHAREHOLDERS' FUNDS 26,696 16,828

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 May 2024 and were signed by:





J M Mcardle - Director


MCARDLE DESIGN LIMITED (REGISTERED NUMBER: 13137746)

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

1. STATUTORY INFORMATION

McArdle Design 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Financial instruments
The company has elected to apply the provisions of section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MCARDLE DESIGN LIMITED (REGISTERED NUMBER: 13137746)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 1,369
Additions 749
At 31 January 2024 2,118
DEPRECIATION
At 1 February 2023 415
Charge for year 498
At 31 January 2024 913
NET BOOK VALUE
At 31 January 2024 1,205
At 31 January 2023 954

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 2,514 4,405
Other creditors 2,507 13,706
5,021 18,111

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary A £1.00 50 50
50 Ordinary B £1.00 50 50
100 100

7. RELATED PARTY DISCLOSURES

During the year the director of the company maintained an interest-free loan to the company. As at 31 January 2024 the total balance on this loan was £1,066 (2023: £12,603).