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REGISTERED NUMBER: 06879195 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE MCWHIRTER PARTNERSHIP LIMITED

THE MCWHIRTER PARTNERSHIP LIMITED (REGISTERED NUMBER: 06879195)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE MCWHIRTER PARTNERSHIP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: P R McWhirter



REGISTERED OFFICE: First Floor, 336 Molesey Road
Hersham
Walton on Thames
Surrey
KT12 3PD



REGISTERED NUMBER: 06879195 (England and Wales)



ACCOUNTANTS: The McWhirter Partnership Limited
Chartered Accountants
336 Molesey Road
Hersham
Walton on Thames
Surrey
KT12 3PD



BANKERS: HSBC Bank plc
54 Clarence Street
Kingston Upon Thames
Surrey
KT1 1NP

THE MCWHIRTER PARTNERSHIP LIMITED (REGISTERED NUMBER: 06879195)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,786 11,310
Tangible assets 5 8,977 11,318
15,763 22,628

CURRENT ASSETS
Debtors 6 353,810 375,522

CREDITORS
Amounts falling due within one year 7 332,676 355,513
NET CURRENT ASSETS 21,134 20,009
TOTAL ASSETS LESS CURRENT LIABILITIES 36,897 42,637

CREDITORS
Amounts falling due after more than one
year

8

(24,520

)

(30,075

)

PROVISIONS FOR LIABILITIES (2,339 ) (2,490 )
NET ASSETS 10,038 10,072

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 38 72
SHAREHOLDERS' FUNDS 10,038 10,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

THE MCWHIRTER PARTNERSHIP LIMITED (REGISTERED NUMBER: 06879195)

BALANCE SHEET - continued
31 MARCH 2025


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 director and authorised for issue on 21 August 2025 and were signed by:





P R McWhirter - Director


THE MCWHIRTER PARTNERSHIP LIMITED (REGISTERED NUMBER: 06879195)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

The McWhirter Partnership 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.

Turnover
Turnover represents net invoiced fees for services provided excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of seven years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

THE MCWHIRTER PARTNERSHIP LIMITED (REGISTERED NUMBER: 06879195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 April 2024 55,000 - 55,000
Additions - 5,000 5,000
At 31 March 2025 55,000 5,000 60,000
AMORTISATION
At 1 April 2024 43,690 - 43,690
Charge for year 7,857 1,667 9,524
At 31 March 2025 51,547 1,667 53,214
NET BOOK VALUE
At 31 March 2025 3,453 3,333 6,786
At 31 March 2024 11,310 - 11,310

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 54,157
DEPRECIATION
At 1 April 2024 42,839
Charge for year 2,341
At 31 March 2025 45,180
NET BOOK VALUE
At 31 March 2025 8,977
At 31 March 2024 11,318

THE MCWHIRTER PARTNERSHIP LIMITED (REGISTERED NUMBER: 06879195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 12,409 5,979
Amounts recoverable on contract 106,898 112,543
Other debtors 234,503 257,000
353,810 375,522

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 32,696 26,970
Trade creditors 40,971 30,589
Taxation and social security 213,172 264,527
Other creditors 45,837 33,427
332,676 355,513

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 24,520 30,075

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £9,644 (2024 - £2,943).

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31st March 2025 the director P R McWhirter owed the company £174,748 (2024 - The director P R McWhirter owed the company £208,037). The maximum loan outstanding in the year amounted to £238,889. Interest of 2.25% has been charged on the loan in the year.