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Company Registration No. 12629807 (England and Wales)
McPhee Holdings Limited Unaudited accounts for the year ended 31 May 2024
McPhee Holdings Limited Unaudited accounts Contents
Page
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McPhee Holdings Limited Company Information for the year ended 31 May 2024
Directors
Ms Katelyn Freeman Mr Craig Hussell
Company Number
12629807 (England and Wales)
Registered Office
Unit 8 Canalside Office Complex Lowesmoor Worcester Worcestershire WR1 2RS England
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McPhee Holdings Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
62,202 
72,580 
Current assets
Debtors
19,606 
(19)
Cash at bank and in hand
97,024 
106,779 
116,630 
106,760 
Creditors: amounts falling due within one year
(98,444)
(204,215)
Net current assets/(liabilities)
18,186 
(97,455)
Total assets less current liabilities
80,388 
(24,875)
Provisions for liabilities
Other provisions
- 
327 
Net assets/(liabilities)
80,388 
(24,548)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
80,288 
(24,648)
Shareholders' funds
80,388 
(24,548)
For the year ending 31 May 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 19 December 2024 and were signed on its behalf by
Ms Katelyn Freeman Director Company Registration No. 12629807
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McPhee Holdings Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
McPhee Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 12629807. The registered office is Unit 8, Canalside Office Complex, Lowesmoor, Worcester, Worcestershire, WR1 2RS, 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:
Computer equipment
30% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
26,045 
62,237 
2,896 
91,178 
Additions
5,478 
- 
1,563 
7,041 
At 31 May 2024
31,523 
62,237 
4,459 
98,219 
Depreciation
At 1 June 2023
7,412 
11,186 
- 
18,598 
Charge for the year
5,754 
11,665 
- 
17,419 
At 31 May 2024
13,166 
22,851 
- 
36,017 
Net book value
At 31 May 2024
18,357 
39,386 
4,459 
62,202 
At 31 May 2023
18,633 
51,051 
2,896 
72,580 
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McPhee Holdings Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(2)
(19)
Other debtors
19,608 
- 
19,606 
(19)
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,203 
198 
Trade creditors
77,509 
44,872 
Taxes and social security
16,721 
10,130 
Other creditors
11 
- 
Loans from directors
- 
149,015 
98,444 
204,215 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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