ACCOUNTS - Final Accounts preparation

Registered number: 15548779

MCARTHUR ATKINSON LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2025

MCARTHUR ATKINSON LIMITED

REGISTERED NUMBER: 15548779

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025
Note		£

Fixed assets
Tangible assets	4		1,134
			1,134
Current assets
Debtors: amounts falling due within one year	5	24,937
Cash at bank and in hand	6	82,589
		107,526
Creditors: amounts falling due within one year	7	(48,031)
Net current assets			59,495
Total assets less current liabilities			60,629

Net assets			60,629

Capital and reserves
Called up share capital			1
Profit and loss account			60,628
			60,629

Page 1

MCARTHUR ATKINSON LIMITED

REGISTERED NUMBER: 15548779

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 October 2025.

Rebecca Louise Atkinson

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

MCARTHUR ATKINSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

1.	General information

McArthur Atkinson Limited is a company incorporated in England and Wales whose registered office is at 124 Finchley Road, London, NW3 5JS.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

The Company's functional and presentational currency is GBP

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the
company and the revenue can be reliably measured. Revenue is measured as the fair value of the
consideration received or receivable, excluding discounts, rebates, value added tax and other sales
taxes.
Revenue comprises fees receivable from the provision of legal services and is recognised at
the the date the services occur.

2.4

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. The current income tax charge
is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by
the reporting date in the countries where the company operates and generates income.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

MCARTHUR ATKINSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

33%

straight-line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty
on notice of not more than 24 hours.

2.8

Creditors

Short term creditors are measured at the transaction price.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the period was 1.

Page 4

MCARTHUR ATKINSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	Additions	1,301
	At 31 March 2025	1,301
	Depreciation
	Charge for the period on owned assets	167
	At 31 March 2025	167
	Net book value
	At 31 March 2025	1,134

Debtors

					2025
					£


	Trade debtors	19,243
	Prepayments and accrued income	5,694
		24,937

6.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	82,589
		82,589

Page 5

MCARTHUR ATKINSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

7.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	852
	Corporation tax	25,818
	Other taxation and social security	10,742
	Other creditors	8,119
	Accruals and deferred income	2,500
		48,031

8.	Related party transactions
	At the reporting date £8,119 was due to R Atkinson, a director of the company. The loan is interest free and repayable on demand.

Page 6