Company Registration No. 11123496 (England and Wales)
D McCarthy Ltd
Filleted accounts
for the year ended 31 December 2023
D McCarthy Ltd
Filleted accounts
Contents
D McCarthy Ltd
Company Information
for the year ended 31 December 2023
Director
Damien Paul Patrick McCarthy
Company Number
11123496 (England and Wales)
Registered Office
2 Rays Avenue
Windsor
SL4 5HG
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
D McCarthy Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
4,000
6,000
Cash at bank and in hand
148,023
79,517
Creditors: amounts falling due within one year
(20,915)
(18,446)
Net current assets
127,108
111,468
Net assets
131,108
117,468
Called up share capital
100
100
Profit and loss account
131,008
117,368
Shareholders' funds
131,108
117,468
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 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 September 2024 and were signed on its behalf by
Damien Paul Patrick McCarthy
Director
Company Registration No. 11123496
D McCarthy Ltd
Notes to the Accounts
for the year ended 31 December 2023
D McCarthy Ltd is a private company, limited by shares, registered in England and Wales, registration number 11123496. The registered office is 2 Rays Avenue, Windsor, SL4 5HG.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
D McCarthy Ltd
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
6
Investments held as current assets
2023
2022
Unlisted investments
-
43,397
7
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
3,759
-
Taxes and social security
14,847
13,414
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).