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REGISTERED NUMBER: 04574519 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

P J McNama Limited

P J McNama Limited (Registered number: 04574519)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


P J McNama Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: M McNama





REGISTERED OFFICE: 17 Duckmoor Road
Ashton
Bristol
BS3 2DD





REGISTERED NUMBER: 04574519 (England and Wales)





ACCOUNTANTS: P B Accountancy Ltd
17 Duckmoor Road
Ashton
Bristol
BS3 2DD

P J McNama Limited (Registered number: 04574519)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 89,177 114,170
Investment property 5 558,262 447,031
647,439 561,201

CURRENT ASSETS
Stocks 6,962 89,118
Debtors 6 129,899 24,541
Cash at bank 135,030 132,879
271,891 246,538
CREDITORS
Amounts falling due within one year 7 117,362 48,052
NET CURRENT ASSETS 154,529 198,486
TOTAL ASSETS LESS CURRENT
LIABILITIES

801,968

759,687

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 801,868 759,587
SHAREHOLDERS' FUNDS 801,968 759,687

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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 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 director and authorised for issue on 26 August 2025 and were signed by:



M McNama - Director


P J McNama Limited (Registered number: 04574519)

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

1. STATUTORY INFORMATION

P J McNama 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Patents and licences have been fully amortised in the current year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

P J McNama Limited (Registered number: 04574519)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2023 105,911 2,829 415,088 5,721 529,549
Additions 9,359 - 3,000 1,581 13,940
Disposals - - (84,990 ) (2,795 ) (87,785 )
At 30 November 2024 115,270 2,829 333,098 4,507 455,704
DEPRECIATION
At 1 December 2023 85,849 2,508 322,277 4,745 415,379
Charge for year 7,366 80 21,941 1,503 30,890
Eliminated on disposal - - (76,947 ) (2,795 ) (79,742 )
At 30 November 2024 93,215 2,588 267,271 3,453 366,527
NET BOOK VALUE
At 30 November 2024 22,055 241 65,827 1,054 89,177
At 30 November 2023 20,062 321 92,811 976 114,170

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023 447,031
Additions 111,231
At 30 November 2024 558,262
NET BOOK VALUE
At 30 November 2024 558,262
At 30 November 2023 447,031

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 127,942 22,584
Other debtors 1,957 1,957
129,899 24,541

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 16,406 10,414
Taxation and social security 564 (58,289 )
Other creditors 100,392 95,927
117,362 48,052

P J McNama Limited (Registered number: 04574519)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
P J McNama and M McNama
Balance outstanding at start of year (93,197 ) (89,750 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (97,172 ) (93,197 )

9. ULTIMATE CONTROLLING PARTY

The controlling party is M McNama.

The ultimate controlling party is M McNama.