Company Registration No. 10260102 (England and Wales)
Tony Mchugh Demolition Ltd
unaudited financial statements
for the year ended 31 January 2024
Tony Mchugh Demolition Ltd
unaudited financial statements
Contents
Tony Mchugh Demolition Ltd
Company Information
for the year ended 31 January 2024
Director
James Anthony Mchugh
Company Number
10260102 (England and Wales)
Registered Office
49 WEST PARK CRESCENT
ROUNDHAY
LEEDS
LS8 2EQ
UNITED KINGDOM
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Tony Mchugh Demolition Ltd
for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Tony Mchugh Demolition Ltd for the year ended
31 January 2024 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants
Chartered Certified Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
27 November 2024
Tony Mchugh Demolition Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
47,116
58,895
Cash at bank and in hand
(5,105)
3,407
Creditors: amounts falling due within one year
(244,375)
(220,282)
Net current liabilities
(249,432)
(216,178)
Total assets less current liabilities
(202,316)
(157,283)
Creditors: amounts falling due after more than one year
(38,793)
(46,680)
Net liabilities
(241,109)
(203,963)
Called up share capital
1
1
Profit and loss account
(241,110)
(203,964)
Shareholders' funds
(241,109)
(203,963)
For the year ending 31 January 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 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 27 November 2024 and were signed on its behalf by
James Anthony Mchugh
Director
Company Registration No. 10260102
Tony Mchugh Demolition Ltd
Notes to the Accounts
for the year ended 31 January 2024
Tony Mchugh Demolition Ltd is a private company, limited by shares, registered in England and Wales, registration number 10260102. The registered office is 49 WEST PARK CRESCENT, ROUNDHAY, LEEDS, LS8 2EQ, UNITED KINGDOM.
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.
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:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery
At 1 February 2023
219,831
At 31 January 2024
219,831
At 1 February 2023
160,936
Charge for the year
11,779
At 31 January 2024
172,715
Amounts falling due within one year
Tony Mchugh Demolition Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(89)
-
Other creditors
207,136
207,136
Loans from directors
41,275
13,146
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).