McKinlay & Cunliffe Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03858328

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		850,043		850,043

			850,043		850,043
CURRENT ASSETS
Debtors	5	95,550		40,000
Cash at bank and in hand		7,158		26,351

		102,708		66,351
Creditors: Amounts Falling Due Within One Year	6	(67,399 )		(40,354 )

NET CURRENT ASSETS (LIABILITIES)			35,309		25,997

TOTAL ASSETS LESS CURRENT LIABILITIES			885,352		876,040

Creditors: Amounts Falling Due After More Than One Year	7		(727,057 )		(687,469 )

NET ASSETS			158,295		188,571

CAPITAL AND RESERVES
Called up share capital	8		200		200
Revaluation reserve	9		177,139		177,139
Profit and Loss Account			(19,044 )		11,232

SHAREHOLDERS' FUNDS			158,295		188,571

Page 1

Page 2

McKinlay & Cunliffe Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Julian Murphy

Director

27/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

McKinlay & Cunliffe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03858328 . The registered office is 1 Stacey Court, Arden Close, Rugby, CV22 6LF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the property rentals.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation
Plant & Machinery	33% - Reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 January 2024	850,043	2,812	852,855

As at 31 December 2024	850,043	2,812	852,855

Depreciation
As at 1 January 2024	-	2,812	2,812

As at 31 December 2024	-	2,812	2,812

Net Book Value
As at 31 December 2024	850,043	-	850,043

As at 1 January 2024	850,043	-	850,043

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	95,550	40,000

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Page 4

McKinlay & Cunliffe Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	5,767	5,487
Other creditors	61,621	34,181
Taxation and social security	11	686

	67,399	40,354

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	564,057	579,469
Other loans	163,000	108,000

	727,057	687,469

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	200	200

9. Reserves

	Revaluation Reserve
	£
As at 1 January 2024	177,139

As at 31 December 2024	177,139