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REGISTERED NUMBER: 08088580 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 May 2024

for

McArthur Plastic, Reconstructive &
Aesthetic Surgery Limited

McArthur Plastic, Reconstructive &
Aesthetic Surgery Limited (Registered number: 08088580)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


McArthur Plastic, Reconstructive &
Aesthetic Surgery Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr P A McArthur
Mrs J McArthur





REGISTERED OFFICE: 316 Blackpool Road
Fulwood
Preston
Lancs
PR2 3AE





REGISTERED NUMBER: 08088580 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

McArthur Plastic, Reconstructive &
Aesthetic Surgery Limited (Registered number: 08088580)

Statement of Financial Position
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,433 6,989
Investments 5 265,289 240,367
268,722 247,356

CURRENT ASSETS
Stocks 8,050 27,070
Debtors 6 327,294 306,192
Cash at bank and in hand 209,350 180,372
544,694 513,634
CREDITORS
Amounts falling due within one year 7 130,003 143,927
NET CURRENT ASSETS 414,691 369,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

683,413

617,063

PROVISIONS FOR LIABILITIES 4,680 497
NET ASSETS 678,733 616,566

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 678,631 616,464
SHAREHOLDERS' FUNDS 678,733 616,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

McArthur Plastic, Reconstructive &
Aesthetic Surgery Limited (Registered number: 08088580)

Statement of Financial Position - continued
31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 January 2025 and were signed on its behalf by:





Mr P A McArthur - Director


McArthur Plastic, Reconstructive &
Aesthetic Surgery Limited (Registered number: 08088580)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

McArthur Plastic, Reconstructive & Aesthetic Surgery 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 as modified by the revaluation of certain assets.

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.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

McArthur Plastic, Reconstructive &
Aesthetic Surgery Limited (Registered number: 08088580)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Investments
Investments are shown at most recent valuation. Any aggregate surplus of deficit arising from changes in fair value is recognised in profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 2,928 12,073 17,024 32,025
Additions - - 2,440 2,440
Disposals - (12,073 ) - (12,073 )
At 31 May 2024 2,928 - 19,464 22,392
DEPRECIATION
At 1 June 2023 2,928 7,244 14,864 25,036
Charge for year - - 1,167 1,167
Eliminated on disposal - (7,244 ) - (7,244 )
At 31 May 2024 2,928 - 16,031 18,959
NET BOOK VALUE
At 31 May 2024 - - 3,433 3,433
At 31 May 2023 - 4,829 2,160 6,989

McArthur Plastic, Reconstructive &
Aesthetic Surgery Limited (Registered number: 08088580)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 June 2023 240,367
Revaluations 24,922
At 31 May 2024 265,289
NET BOOK VALUE
At 31 May 2024 265,289
At 31 May 2023 240,367

Cost or valuation at 31 May 2024 is represented by:

Other
investments
£   
Valuation in 2019 (223 )
Valuation in 2020 491
Valuation in 2021 15,218
Valuation in 2022 (23,256 )
Valuation in 2023 (2,712 )
Valuation in 2024 24,922
Cost 250,849
265,289

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 324,776 303,506
Other debtors 2,518 2,686
327,294 306,192

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 1,819 2,382
Taxation and social security 120,832 99,676
Other creditors 7,352 41,869
130,003 143,927