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Company Registration No. 14223336 (England and Wales)
Mckinnon Talent Limited Unaudited accounts for the year ended 31 July 2024
Mckinnon Talent Limited Unaudited accounts Contents
Page
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Mckinnon Talent Limited Company Information for the year ended 31 July 2024
Directors
L Wilson A McCartney
Company Number
14223336 (England and Wales)
Registered Office
22 Grenfell Road Manchester Lancashire M20 6TQ England
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Mckinnon Talent Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,536 
2,232 
Current assets
Debtors
(120)
9,510 
Cash at bank and in hand
47,015 
40,505 
46,895 
50,015 
Creditors: amounts falling due within one year
(39,402)
(35,836)
Net current assets
7,493 
14,179 
Net assets
9,029 
16,411 
Capital and reserves
Called up share capital
100 
100 
Capital contribution reserve
- 
2,000 
Profit and loss account
8,929 
14,311 
Shareholders' funds
9,029 
16,411 
For the year ending 31 July 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 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 5 September 2024 and were signed on its behalf by
A McCartney Director Company Registration No. 14223336
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Mckinnon Talent Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Mckinnon Talent Limited is a private company, limited by shares, registered in England and Wales, registration number 14223336. The registered office is 22 Grenfell Road, Manchester, Lancashire, M20 6TQ, England.
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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
150 
2,082 
2,232 
Additions
37 
- 
37 
At 31 July 2024
187 
2,082 
2,269 
Depreciation
Charge for the year
46 
687 
733 
At 31 July 2024
46 
687 
733 
Net book value
At 31 July 2024
141 
1,395 
1,536 
At 31 July 2023
150 
2,082 
2,232 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(120)
9,510 
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Mckinnon Talent Limited Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,447 
4,962 
Taxes and social security
13,955 
14,874 
Accruals
16,000 
16,000 
39,402 
35,836 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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