IRIS Accounts Production v24.3.0.553 01466741 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh014667412023-01-31014667412024-01-31014667412023-02-012024-01-31014667412022-01-31014667412022-02-012023-01-31014667412023-01-3101466741ns15:EnglandWales2023-02-012024-01-3101466741ns14:PoundSterling2023-02-012024-01-3101466741ns10:Director12023-02-012024-01-3101466741ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3101466741ns10:SmallEntities2023-02-012024-01-3101466741ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3101466741ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3101466741ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3101466741ns10:FullAccounts2023-02-012024-01-3101466741ns10:Director22023-02-012024-01-3101466741ns10:CompanySecretary12023-02-012024-01-3101466741ns10:RegisteredOffice2023-02-012024-01-3101466741ns5:CurrentFinancialInstruments2024-01-3101466741ns5:CurrentFinancialInstruments2023-01-3101466741ns5:ShareCapital2024-01-3101466741ns5:ShareCapital2023-01-3101466741ns5:FurtherSpecificReserve3ComponentTotalEquity2024-01-3101466741ns5:FurtherSpecificReserve3ComponentTotalEquity2023-01-3101466741ns5:RetainedEarningsAccumulatedLosses2024-01-3101466741ns5:RetainedEarningsAccumulatedLosses2023-01-3101466741ns5:FurnitureFittings2023-02-012024-01-3101466741ns5:FurnitureFittings2023-01-3101466741ns5:FurnitureFittings2024-01-3101466741ns5:FurnitureFittings2023-01-3101466741ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3101466741ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3101466741ns5:DeferredTaxation2023-01-3101466741ns5:DeferredTaxation2024-01-3101466741ns5:FurtherSpecificReserve3ComponentTotalEquity2023-01-31
REGISTERED NUMBER: 01466741 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

A.P. MERRION AND ASSOCIATES LIMITED

A.P. MERRION AND ASSOCIATES LIMITED (REGISTERED NUMBER: 01466741)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.P. MERRION AND ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr AP Merrion
Mrs E Merrion



SECRETARY: Mrs E Merrion



REGISTERED OFFICE: Stanway House
Stanton Lane
Croft
Leicester
Leicestershire
LE9 3JQ



REGISTERED NUMBER: 01466741 (England and Wales)



BANKERS: National Westminster Bank plc
92 Queens Road
Leicester
LE2 1SY

A.P. MERRION AND ASSOCIATES LIMITED (REGISTERED NUMBER: 01466741)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,248 1,031
Investment property 5 635,000 635,000
636,248 636,031

CURRENT ASSETS
Debtors 6 286,257 85,304
Cash at bank 102,358 242,144
388,615 327,448
CREDITORS
Amounts falling due within one year 7 261,693 163,426
NET CURRENT ASSETS 126,922 164,022
TOTAL ASSETS LESS CURRENT
LIABILITIES

763,170

800,053

PROVISIONS FOR LIABILITIES 8 44,481 44,427
NET ASSETS 718,689 755,626

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Fair value reserve 9 298,799 298,799
Retained earnings 369,890 406,827
SHAREHOLDERS' FUNDS 718,689 755,626

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 directors acknowledge their 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.

A.P. MERRION AND ASSOCIATES LIMITED (REGISTERED NUMBER: 01466741)

BALANCE SHEET - continued
31 JANUARY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2024 and were signed on its behalf by:





Mr AP Merrion - Director


A.P. MERRION AND ASSOCIATES LIMITED (REGISTERED NUMBER: 01466741)

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


1. STATUTORY INFORMATION

A.P. Merrion and Associates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 and represents amounts receivable for sales of services provided in the normal course of business, net of discounts and value added tax, adjusted in accordance with the policy on contract income as described below.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance

Investment property
Investment properties are initially included at cost at date of acquisition plus subsequent additions. Then at each reporting date shall be measured at fair value with changes in fair value recognised in profit or loss.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

A.P. MERRION AND ASSOCIATES LIMITED (REGISTERED NUMBER: 01466741)

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


4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 February 2023 6,495
Additions 518
At 31 January 2024 7,013
DEPRECIATION
At 1 February 2023 5,464
Charge for year 301
At 31 January 2024 5,765
NET BOOK VALUE
At 31 January 2024 1,248
At 31 January 2023 1,031

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 635,000
NET BOOK VALUE
At 31 January 2024 635,000
At 31 January 2023 635,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 23,883 1,845
Other debtors 100,000 3,165
Prepayments and accrued income 162,374 80,294
286,257 85,304

A.P. MERRION AND ASSOCIATES LIMITED (REGISTERED NUMBER: 01466741)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 294
Taxation 15,043 14,762
VAT 2,662 583
Other creditors 99,310 55,368
Directors' current accounts 111,648 61,738
Accruals and deferred income 33,030 30,681
261,693 163,426

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred taxation 44,481 44,427

Deferred
tax
£   
Balance at 1 February 2023 44,427
Movement in the year 54
Balance at 31 January 2024 44,481

9. RESERVES
Fair
value
reserve
£   
At 1 February 2023
and 31 January 2024 298,799

10. RELATED PARTY DISCLOSURES

During the year the company made sales to related parties of £80,000 (2023: £80,000). The balance outstanding at 31 January 2024 was £160,000 (2023: £80,000).

At 31 January 2024 the amounts owed to the directors on their directors loan account was £111,648 (2023: £61,738).

The company is under the control of Mr AP and Mrs E Merrion who together, with members of their close family, own 100% of the issued share capital of the company.