REGISTERED NUMBER: 07349770 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MCGRATH ELLIOT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs Veronique Pascale Patricia Favreau

REGISTERED OFFICE:

Suite 302

The Chart House

Burrells Wharf Square

London

E14 3TN

REGISTERED NUMBER:

07349770 (England and Wales)

ACCOUNTANTS:

Syers McGill

9 Kerry Street

Horsforth

Leeds

West Yorkshire

LS18 4AW

FIXED ASSETS

Tangible assets

4

2,068

-

CURRENT ASSETS

Debtors

5

1,430,628

1,453,354

Cash at bank

260,333

331,574

1,690,961

1,784,928

CREDITORS

Amounts falling due within one year

6

154,135

232,097

NET CURRENT ASSETS

1,536,826

1,552,831

TOTAL ASSETS LESS CURRENT LIABILITIES

1,538,894

1,552,831

PROVISIONS FOR LIABILITIES

516

-

NET ASSETS

1,538,378

1,552,831

CAPITAL AND RESERVES

Called up share capital

7

500

500

Retained earnings

8

1,537,878

1,552,331

SHAREHOLDERS' FUNDS

1,538,378

1,552,831

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 her 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 23 December 2025 and were signed by:

Mrs Veronique Pascale Patricia Favreau - Director

1.	STATUTORY INFORMATION

McGrath Elliot 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

9,552

Additions

2,320

At 31 March 2025

11,872

DEPRECIATION

At 1 April 2024

9,552

Charge for year

252

At 31 March 2025

9,804

NET BOOK VALUE

At 31 March 2025

2,068

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

88,098

88,498

Other debtors

1,159,514

1,165,695

VAT

22,257

11,496

Prepayments and accrued income

160,759

187,665

1,430,628

1,453,354

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

3,623

3,661

Tax

60,515

78,634

Directors' current accounts

666

593

Accruals and deferred income

89,331

149,209

154,135

232,097

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

500

Ordinary

£1

500

500

8.

RESERVES

Retained

earnings

£

At 1 April 2024

1,552,331

Profit for the year

183,547

Dividends

(198,000

)

At 31 March 2025

1,537,878

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs Veronique Pascale Patricia Favreau.