Andrew McCarthy Ecology Limited 08951981 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is environmental consulting Digita Accounts Production Advanced 6.30.9574.0 true 08951981 2023-04-01 2024-03-31 08951981 2024-03-31 08951981 core:RetainedEarningsAccumulatedLosses 2024-03-31 08951981 core:ShareCapital 2024-03-31 08951981 core:CurrentFinancialInstruments 2024-03-31 08951981 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08951981 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 08951981 core:FurnitureFittingsToolsEquipment 2024-03-31 08951981 core:MotorVehicles 2024-03-31 08951981 bus:SmallEntities 2023-04-01 2024-03-31 08951981 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08951981 bus:FullAccounts 2023-04-01 2024-03-31 08951981 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08951981 bus:RegisteredOffice 2023-04-01 2024-03-31 08951981 bus:CompanySecretaryDirector1 2023-04-01 2024-03-31 08951981 bus:Director1 2023-04-01 2024-03-31 08951981 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08951981 core:ComputerEquipment 2023-04-01 2024-03-31 08951981 core:FurnitureFittings 2023-04-01 2024-03-31 08951981 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 08951981 core:MotorVehicles 2023-04-01 2024-03-31 08951981 countries:EnglandWales 2023-04-01 2024-03-31 08951981 2023-03-31 08951981 core:FurnitureFittingsToolsEquipment 2023-03-31 08951981 core:MotorVehicles 2023-03-31 08951981 2022-04-01 2023-03-31 08951981 2023-03-31 08951981 core:RetainedEarningsAccumulatedLosses 2023-03-31 08951981 core:ShareCapital 2023-03-31 08951981 core:CurrentFinancialInstruments 2023-03-31 08951981 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08951981 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 08951981 core:FurnitureFittingsToolsEquipment 2023-03-31 08951981 core:MotorVehicles 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 08951981

Andrew McCarthy Ecology Limited

Filleted Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Andrew McCarthy Ecology Limited
(Registration number: 08951981)

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Andrew McCarthy Ecology Limited
(Registration number: 08951981)

Company Information

Directors

A J McCarthy

A J L McCarthy

Company secretary

A J L McCarthy

Registered office

1 Colleton Crescent
Exeter
Devon
EX2 4DG

Accountants

Thompson Jenner LLP
Chartered Accountants
1 Colleton Crescent
Exeter
Devon
EX2 4DG

 

Andrew McCarthy Ecology Limited
(Registration number: 08951981)

Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

26,442

7,771

Current assets

 

Debtors

5

16,929

29,892

Cash at bank and in hand

 

12,205

19,413

 

29,134

49,305

Creditors: Amounts falling due within one year

6

(27,963)

(30,662)

Net current assets

 

1,171

18,643

Total assets less current liabilities

 

27,613

26,414

Creditors: Amounts falling due after more than one year

6

(8,588)

-

Provisions for liabilities

(876)

(1,476)

Net assets

 

18,149

24,938

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

18,049

24,838

Total equity

 

18,149

24,938

 

Andrew McCarthy Ecology Limited
(Registration number: 08951981)

Balance Sheet as at 31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 20 November 2024 and signed on its behalf by:
 

.........................................
A J McCarthy
Director

 

Andrew McCarthy Ecology Limited
(Registration number: 08951981)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Colleton Crescent
Exeter
Devon
EX2 4DG

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Andrew McCarthy Ecology Limited
(Registration number: 08951981)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and equipment

25% straight line

Computer equipment

33% straight line

Motor vehicles

20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Andrew McCarthy Ecology Limited
(Registration number: 08951981)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Andrew McCarthy Ecology Limited
(Registration number: 08951981)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2023

24,162

5,317

29,479

Additions

1,565

26,619

28,184

Disposals

(3,764)

-

(3,764)

At 31 March 2024

21,963

31,936

53,899

Depreciation

At 1 April 2023

18,519

3,190

21,709

Charge for the year

2,666

6,387

9,053

Eliminated on disposal

(3,305)

-

(3,305)

At 31 March 2024

17,880

9,577

27,457

Carrying amount

At 31 March 2024

4,083

22,359

26,442

At 31 March 2023

5,644

2,127

7,771

5

Debtors

2024
£

2023
£

Trade debtors

13,556

29,426

Prepayments and accrued income

3,373

466

Total current trade and other debtors

16,929

29,892

 

Andrew McCarthy Ecology Limited
(Registration number: 08951981)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

6

Creditors

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

3,553

-

Trade creditors

 

313

4,231

Taxation and social security

 

12,253

19,321

Other creditors

 

4,671

2,096

Accrued expenses

 

7,173

5,014

 

27,963

30,662

Due after one year

 

Loans and borrowings

8,588

-

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8,588

-