1 April 2024 false No description of principal activity Taxfiler 2024.6 08930102business:PrivateLimitedCompanyLtd2024-04-012025-03-31 089301022024-03-31 089301022024-04-012025-03-31 08930102business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 08930102business:FilletedAccounts2024-04-012025-03-31 089301022025-03-31 08930102business:Director12024-04-012025-03-31 08930102business:RegisteredOffice2024-04-012025-03-31 089301022024-03-31 08930102core:WithinOneYear2025-03-31 08930102core:WithinOneYear2024-03-31 08930102core:AfterOneYear2025-03-31 08930102core:AfterOneYear2024-03-31 08930102core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 08930102core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08930102core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 08930102core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08930102core:PreviouslyStatedAmount2025-03-31 08930102core:PreviouslyStatedAmount2024-03-31 08930102business:SmallEntities2024-04-012025-03-31 08930102countries:EnglandWales2024-04-012025-03-31 08930102core:PlantMachinery2024-04-012025-03-31 08930102core:MotorVehicles2024-04-012025-03-31 08930102core:PlantMachinery2024-03-31 08930102core:MotorVehicles2024-03-31 08930102core:FurnitureFittings2024-03-31 08930102core:ComputerEquipment2024-03-31 08930102core:FurnitureFittings2024-04-012025-03-31 08930102core:ComputerEquipment2024-04-012025-03-31 08930102core:PlantMachinery2025-03-31 08930102core:MotorVehicles2025-03-31 08930102core:FurnitureFittings2025-03-31 08930102core:ComputerEquipment2025-03-31 089301022023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08930102 (England and Wales)
McGiff Developments Limited Unaudited accounts for the year ended 31 March 2025
McGiff Developments Limited Unaudited accounts Contents
Page
- 2 -
McGiff Developments Limited Company Information for the year ended 31 March 2025
Director
S McGiff
Company Number
08930102 (England and Wales)
Registered Office
34 The Maltings Leighton Buzzard Beds LU7 4BS
Accountants
Balanced Books Accountancy Services Ltd 56 Station Road Station road Stanbridge Beds LU7 9JF
- 3 -
McGiff Developments Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,495 
6,454 
Current assets
Inventories
2,500 
2,500 
Debtors
5,583 
2,962 
Cash at bank and in hand
1,869 
11,426 
9,952 
16,888 
Creditors: amounts falling due within one year
(11,058)
(12,855)
Net current (liabilities)/assets
(1,106)
4,033 
Total assets less current liabilities
4,389 
10,487 
Creditors: amounts falling due after more than one year
(4,084)
(6,551)
Net assets
305 
3,936 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
304 
3,935 
Shareholders' funds
305 
3,936 
For the year ending 31 March 2025 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 20 June 2025 and were signed on its behalf by
S McGiff Director Company Registration No. 08930102
- 4 -
McGiff Developments Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
McGiff Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 08930102. The registered office is 34 The Maltings, Leighton Buzzard, Beds, LU7 4BS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% RB
Motor vehicles
25% RB
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2024
12,602 
16,861 
1,798 
1,500 
32,761 
Additions
654 
- 
- 
- 
654 
At 31 March 2025
13,256 
16,861 
1,798 
1,500 
33,415 
Depreciation
At 1 April 2024
12,128 
11,725 
1,798 
656 
26,307 
Charge for the year
118 
1,284 
- 
211 
1,613 
At 31 March 2025
12,246 
13,009 
1,798 
867 
27,920 
Net book value
At 31 March 2025
1,010 
3,852 
- 
633 
5,495 
At 31 March 2024
474 
5,136 
- 
844 
6,454 
- 5 -
McGiff Developments Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,083 
2,066 
Other debtors
4,500 
896 
5,583 
2,962 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
(458)
1,310 
Trade creditors
7,418 
5,643 
Taxes and social security
3,548 
4,150 
Loans from directors
30 
1,232 
Accruals
520 
520 
11,058 
12,855 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
4,084 
6,551 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -