Company Registration No. 03233235 (England and Wales)
Martin Grogan Associates Limited
Unaudited accounts
for the year ended 31 August 2024
Martin Grogan Associates Limited
Unaudited accounts
Contents
Martin Grogan Associates Limited
Company Information
for the year ended 31 August 2024
Company Number
03233235 (England and Wales)
Registered Office
105 PALEWELL PARK
LONDON
SW14 8JJ
Accountants
Luke, Gordon & Co
Accountants and Tax Advisers
105 Palewell Park
London
SW14 8JJ
Martin Grogan Associates Limited
Statement of financial position
as at 31 August 2024
Tangible assets
3,754
3,038
Cash at bank and in hand
51,500
48,500
Creditors: amounts falling due within one year
(7,009)
(3,947)
Net current assets
59,410
59,101
Called up share capital
100
100
Profit and loss account
63,064
62,039
Shareholders' funds
63,164
62,139
For the year ending 31 August 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 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 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 and authorised for issue on 25 August 2024 and were signed on its behalf by
M L Grogan
Director
Company Registration No. 03233235
Martin Grogan Associates Limited
Notes to the Accounts
for the year ended 31 August 2024
Martin Grogan Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 03233235. The registered office is 105 PALEWELL PARK, LONDON, SW14 8JJ.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
5,823
43,948
49,771
At 31 August 2024
5,823
45,914
51,737
At 1 September 2023
5,823
40,910
46,733
Charge for the year
-
1,250
1,250
At 31 August 2024
5,823
42,160
47,983
At 31 August 2024
-
3,754
3,754
At 31 August 2023
-
3,038
3,038
Martin Grogan Associates Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Other debtors
14,919
13,936
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,409
1,912
Taxes and social security
4,160
2,035
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).