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REGISTERED NUMBER: 00480683 (England and Wales)















Unaudited Financial Statements for the Year Ended 5 April 2024

for

McDermotts (Meols) Limited

McDermotts (Meols) Limited (Registered number: 00480683)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


McDermotts (Meols) Limited

Company Information
for the Year Ended 5 April 2024







DIRECTORS: Mrs E M Rowland
W A McDermott





REGISTERED OFFICE: Fornalls Green Lane
Meols
Wirral
CH47 9RL





REGISTERED NUMBER: 00480683 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

McDermotts (Meols) Limited (Registered number: 00480683)

Balance Sheet
5 April 2024

5.4.24 5.4.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 2,081 2,484
Investments 5 5,336 5,336
Investment property 6 63,114 63,591
70,531 71,411

CURRENT ASSETS
Debtors 7 3,682 3,011
Cash at bank and in hand 156,200 106,861
159,882 109,872
CREDITORS
Amounts falling due within one year 8 51,458 48,458
NET CURRENT ASSETS 108,424 61,414
TOTAL ASSETS LESS CURRENT
LIABILITIES

178,955

132,825

CAPITAL AND RESERVES
Called up share capital 37,560 37,560
Retained earnings 141,395 95,265
178,955 132,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

McDermotts (Meols) Limited (Registered number: 00480683)

Balance Sheet - continued
5 April 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 3 January 2025 and were signed on its behalf by:





Mrs E M Rowland - Director


McDermotts (Meols) Limited (Registered number: 00480683)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

McDermotts (Meols) 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.

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

McDermotts (Meols) Limited (Registered number: 00480683)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 6 April 2023
and 5 April 2024 17,334
DEPRECIATION
At 6 April 2023 14,850
Charge for year 403
At 5 April 2024 15,253
NET BOOK VALUE
At 5 April 2024 2,081
At 5 April 2023 2,484

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST
At 6 April 2023
and 5 April 2024 5,336
NET BOOK VALUE
At 5 April 2024 5,336
At 5 April 2023 5,336

6. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 6 April 2023
and 5 April 2024 67,494
DEPRECIATION
At 6 April 2023 3,903
Charge for year 477
At 5 April 2024 4,380
NET BOOK VALUE
At 5 April 2024 63,114
At 5 April 2023 63,591

McDermotts (Meols) Limited (Registered number: 00480683)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£ £
Trade debtors 192 2,678
Other debtors 3,490 333
3,682 3,011

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£ £
Trade creditors - 3,589
Taxation and social security 9,433 2,915
Other creditors 42,025 41,954
51,458 48,458