Acorah Software Products - Accounts Production 16.2.850 false true false 5 July 2023 31 July 2024 31 July 2024 14981763 Mr A Mcculloch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14981763 2023-07-04 14981763 2024-07-31 14981763 2023-07-05 2024-07-31 14981763 frs-core:CurrentFinancialInstruments 2024-07-31 14981763 frs-core:ShareCapital 2024-07-31 14981763 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14981763 frs-bus:PrivateLimitedCompanyLtd 2023-07-05 2024-07-31 14981763 frs-bus:FilletedAccounts 2023-07-05 2024-07-31 14981763 frs-bus:SmallEntities 2023-07-05 2024-07-31 14981763 frs-bus:AuditExemptWithAccountantsReport 2023-07-05 2024-07-31 14981763 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-05 2024-07-31 14981763 frs-bus:Director1 2023-07-05 2024-07-31 14981763 frs-bus:Director1 2023-07-04 14981763 frs-bus:Director1 2024-07-31 14981763 frs-countries:EnglandWales 2023-07-05 2024-07-31
Registered number: 14981763
McCulloch&Co Ltd
Unaudited Financial Statements
For the Period 5 July 2023 to 31 July 2024
Elsburys Ltd
Contents
Page
Accountants' Report 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of McCulloch&Co Ltd for the period 5 July 2023 to 31 July 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of McCulloch&Co Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of McCulloch&Co Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of McCulloch&Co Ltd and state those matters that we have agreed to state to the director of McCulloch&Co Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than McCulloch&Co Ltd and its director as a body for our work or for this report.
It is your duty to ensure that McCulloch&Co Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of McCulloch&Co Ltd . You consider that McCulloch&Co Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of McCulloch&Co Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
04/04/2025
Elsburys Ltd
ACCA
Suite 2, 1 Kings Road
Crowthorne
Berkshire
RG45 7BF
Page 1
Page 2
Balance Sheet
Registered number: 14981763
31 July 2024
Notes £ £
CURRENT ASSETS
Debtors 4 9,113
Cash at bank and in hand 6
9,119
Creditors: Amounts Falling Due Within One Year 5 (15,644 )
NET CURRENT ASSETS (LIABILITIES) (6,525 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,525 )
NET LIABILITIES (6,525 )
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account (6,625 )
SHAREHOLDERS' FUNDS (6,525)
For the period ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A Mcculloch
Director
04/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
McCulloch&Co Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14981763 . The registered office is Castlemans Farm Green Common Lane, Wooburn Green, High Wycombe, HP10 0LH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Debtors
31 July 2024
£
Due within one year
Trade debtors 7,063
Other debtors 2,050
9,113
5. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Trade creditors 10,295
Other creditors 1,048
Taxation and social security 4,301
15,644
6. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 100
Page 3
Page 4
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 5 July 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Alexander Mcculloch - (13,143 ) 11,572 - (1,571 )
The above loan is unsecured, interest free and repayable on demand.
Page 4