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
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
McPhee Holdings Limited
Statement of financial position
as at 31 May 2024
Tangible assets
62,202
72,580
Cash at bank and in hand
97,024
106,779
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
Net assets/(liabilities)
80,388
(24,548)
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
McPhee Holdings Limited
Notes to the Accounts
for the year ended 31 May 2024
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.
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:
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
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
At 31 May 2024
18,357
39,386
4,459
62,202
At 31 May 2023
18,633
51,051
2,896
72,580
McPhee Holdings Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
77,509
44,872
Taxes and social security
16,721
10,130
Loans from directors
-
149,015
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).