Company Registration No. 03956848 (England and Wales)
McTernan Associates Limited
Unaudited accounts
for the year ended 30 April 2025
McTernan Associates Limited
Unaudited accounts
Contents
McTernan Associates Limited
Company Information
for the year ended 30 April 2025
Secretary
Mary Ann McTernan
Company Number
03956848 (England and Wales)
Registered Office
Bedford Heights
Brickhill Drive
Bedford
Bedfordshire
MK41 7PH
Accountants
McTernan Associates Ltd
Bedford Heights
Brickhill Drive
Bedford
Bedfordshire
MK41 7PH
McTernan Associates Limited
Statement of financial position
as at 30 April 2025
Tangible assets
20,385
24,219
Cash at bank and in hand
5,459
15,613
Creditors: amounts falling due within one year
(36,333)
(41,315)
Net current liabilities
(25,993)
(16,448)
Total assets less current liabilities
(5,608)
7,771
Creditors: amounts falling due after more than one year
(5,665)
(10,766)
Net liabilities
(11,273)
(2,995)
Called up share capital
100
100
Profit and loss account
(11,373)
(3,095)
Shareholders' funds
(11,273)
(2,995)
For the year ending 30 April 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 1 September 2025 and were signed on its behalf by
Ian McTernan
Director
Company Registration No. 03956848
McTernan Associates Limited
Notes to the Accounts
for the year ended 30 April 2025
McTernan Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 03956848. The registered office is Bedford Heights, Brickhill Drive, Bedford, Bedfordshire , MK41 7PH.
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.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
6,747
19,943
2,845
29,535
Additions
-
1,052
756
1,808
At 30 April 2025
6,747
20,995
3,601
31,343
At 1 May 2024
1,214
3,590
512
5,316
Charge for the year
1,215
3,779
648
5,642
At 30 April 2025
2,429
7,369
1,160
10,958
At 30 April 2025
4,318
13,626
2,441
20,385
At 30 April 2024
5,533
16,353
2,333
24,219
McTernan Associates Limited
Notes to the Accounts
for the year ended 30 April 2025
Amounts falling due within one year
Accrued income and prepayments
-
3,800
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
(33)
(5,109)
Loans from directors
34,810
43,732
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).