IRIS Accounts Production v24.3.2.46 03040427 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030404272023-04-30030404272024-04-30030404272023-05-012024-04-30030404272022-04-30030404272022-05-012023-04-30030404272023-04-3003040427ns15:EnglandWales2023-05-012024-04-3003040427ns14:PoundSterling2023-05-012024-04-3003040427ns10:Director12023-05-012024-04-3003040427ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3003040427ns10:SmallEntities2023-05-012024-04-3003040427ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3003040427ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3003040427ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3003040427ns10:FullAccounts2023-05-012024-04-3003040427ns10:OrdinaryShareClass12023-05-012024-04-3003040427ns10:Director22023-05-012024-04-3003040427ns10:RegisteredOffice2023-05-012024-04-3003040427ns5:CurrentFinancialInstruments2024-04-3003040427ns5:CurrentFinancialInstruments2023-04-3003040427ns5:Non-currentFinancialInstruments2024-04-3003040427ns5:Non-currentFinancialInstruments2023-04-3003040427ns5:ShareCapital2024-04-3003040427ns5:ShareCapital2023-04-3003040427ns5:RevaluationReserve2024-04-3003040427ns5:RevaluationReserve2023-04-3003040427ns5:RetainedEarningsAccumulatedLosses2024-04-3003040427ns5:RetainedEarningsAccumulatedLosses2023-04-3003040427ns5:LandBuildingsns5:ShortLeaseholdAssets2023-05-012024-04-3003040427ns5:LeaseholdImprovements2023-05-012024-04-3003040427ns5:PlantMachinery2023-05-012024-04-3003040427ns5:FurnitureFittings2023-05-012024-04-3003040427ns5:MotorVehicles2023-05-012024-04-3003040427ns5:ComputerEquipment2023-05-012024-04-3003040427ns5:LandBuildings2023-04-3003040427ns5:LandBuildingsns5:ShortLeaseholdAssets2023-04-3003040427ns5:LeaseholdImprovements2023-04-3003040427ns5:PlantMachinery2023-04-3003040427ns5:LandBuildings2023-05-012024-04-3003040427ns5:LandBuildings2024-04-3003040427ns5:LandBuildingsns5:ShortLeaseholdAssets2024-04-3003040427ns5:LeaseholdImprovements2024-04-3003040427ns5:PlantMachinery2024-04-3003040427ns5:LandBuildings2023-04-3003040427ns5:LandBuildingsns5:ShortLeaseholdAssets2023-04-3003040427ns5:LeaseholdImprovements2023-04-3003040427ns5:PlantMachinery2023-04-3003040427ns5:FurnitureFittings2023-04-3003040427ns5:MotorVehicles2023-04-3003040427ns5:ComputerEquipment2023-04-3003040427ns5:FurnitureFittings2024-04-3003040427ns5:MotorVehicles2024-04-3003040427ns5:ComputerEquipment2024-04-3003040427ns5:FurnitureFittings2023-04-3003040427ns5:MotorVehicles2023-04-3003040427ns5:ComputerEquipment2023-04-3003040427ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3003040427ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3003040427ns10:OrdinaryShareClass12024-04-3003040427ns5:RevaluationReserve2023-04-30
REGISTERED NUMBER: 03040427 (England and Wales)














Financial Statements

for the Year Ended 30 April 2024

for

McKuhens of Liverpool Ltd

McKuhens of Liverpool Ltd (Registered number: 03040427)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


McKuhens of Liverpool Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: J McKuhen
Mrs A McKuhen





REGISTERED OFFICE: 66 Mount Road
Kirkby
Liverpool
Merseyside
L32 2AW





REGISTERED NUMBER: 03040427 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

McKuhens of Liverpool Ltd (Registered number: 03040427)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108,039 110,071

CURRENT ASSETS
Stocks 7,215 12,225
Debtors 5 69,510 73,910
Cash at bank 64,285 53,119
141,010 139,254
CREDITORS
Amounts falling due within one year 6 148,547 163,292
NET CURRENT LIABILITIES (7,537 ) (24,038 )
TOTAL ASSETS LESS CURRENT LIABILITIES 100,502 86,033

CREDITORS
Amounts falling due after more than one year 7 (45,790 ) (58,408 )

PROVISIONS FOR LIABILITIES (1,200 ) (1,574 )
NET ASSETS 53,512 26,051

CAPITAL AND RESERVES
Called up share capital 8 2 2
Revaluation reserve 9 800 800
Retained earnings 52,710 25,249
SHAREHOLDERS' FUNDS 53,512 26,051

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

McKuhens of Liverpool Ltd (Registered number: 03040427)

Statement of Financial Position - continued
30 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 29 January 2025 and were signed on its behalf by:





J McKuhen - Director


McKuhens of Liverpool Ltd (Registered number: 03040427)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

McKuhens of Liverpool Ltd 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.
Short leasehold - 2% on cost
Improvements to property - 25% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

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.

McKuhens of Liverpool Ltd (Registered number: 03040427)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold Short to Plant and
property leasehold property machinery
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 98,681 5,000 2,649 18,108
DEPRECIATION
At 1 May 2023 - 1,894 2,302 16,939
Charge for year - 62 87 200
At 30 April 2024 - 1,956 2,389 17,139
NET BOOK VALUE
At 30 April 2024 98,681 3,044 260 969
At 30 April 2023 98,681 3,106 347 1,169

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 49,591 17,797 1,132 192,958
DEPRECIATION
At 1 May 2023 49,367 11,284 1,101 82,887
Charge for year 45 1,628 10 2,032
At 30 April 2024 49,412 12,912 1,111 84,919
NET BOOK VALUE
At 30 April 2024 179 4,885 21 108,039
At 30 April 2023 224 6,513 31 110,071

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 66,233 73,910
Other debtors 3,277 -
69,510 73,910

McKuhens of Liverpool Ltd (Registered number: 03040427)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 17,365 23,317
Trade creditors 84,161 84,747
Taxation and social security 27,991 13,995
Other creditors 19,030 41,233
148,547 163,292

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 45,790 58,408

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 2,126

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Revaluation
reserve
£   
At 1 May 2023
and 30 April 2024 800