| McCartney Property Services Limited |
| Registered Number:07477161 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
McCartney Property Services Limited
Contents Page
1
Statement of Financial Position
2 to 6
Notes to the Financial Statements
McCartney Property Services Limited
Statement of Financial Position
2024
2025
78,606
91,892
2
| Property, plant and equipment |
16,028
22,093
3
-
85,000
4
179,634
113,985
| Trade and other receivables |
48,643
38,027
5
314,718
| Cash and cash equivalents |
298,778
336,805
363,361
| Trade and other payables: amounts falling due within one |
| year |
(435,875)
(411,926)
6
(72,514)
(75,121)
Net current liabilities
| Total assets less current liabilities |
104,513
41,471
| Trade and other payables: amounts falling due after more |
| than one year |
(2,814)
-
7
104,513
Net assets
38,657
101
101
104,412
38,556
104,513
38,657
Shareholders' funds
| For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 22 December 2025 and were signed by: |
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For the year ended 31 March 2025
McCartney Property Services Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 31 March 2025
McCartney Property Services Limited
Notes to the Financial Statements
Statutory Information
| McCartney Property Services Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 07477161. |
| Principal place of business: |
74 Moulsham Street
Chelmsford
Essex
CM2 0JA
Elstronwick Hall
Back Lane
Hull
East Riding of Yorkshire
HU12 9BP
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 20 years. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
Fixtures, Fittings & Equipment
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 31 March 2025
McCartney Property Services Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
265,716
265,716
173,824
13,286
Charge for year
187,110
78,606
91,892
| 3. Property, plant and equipment |
| Fixtures, |
| Fittings & |
| Equipment |
Motor Vehicles
55,922
14,310
28,000
13,612
13,612
28,000
14,310
55,922
| Provision for depreciation and impairment |
33,829
10,923
10,500
12,406
Charge for year
6,065
677
4,375
1,013
39,894
11,600
14,875
13,419
193
13,125
2,710
16,028
1,206
17,500
3,387
22,093
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For the year ended 31 March 2025
McCartney Property Services Limited
Notes to the Financial Statements Continued
| 4. Investments held as fixed assets |
85,000
85,000
85,000
85,000
85,000
85,000
| The unlisted investment relates to acquisition of the entire issued share capital of Kiln & Lodge Lettings |
| Manangement Ltd. |
| 5. Trade and other receivables |
2024
2025
3,360
4,440
| Amounts owed by group undertakings and participating interests |
2,969
2,034
31,698
42,169
48,643
38,027
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
9,636
16,738
19,183
20,349
| Taxation and social security |
75,548
32,390
| Accruals and deferred income |
2,400
3,846
-
64,912
| Obligations under HP/Financial leases |
3,382
6,320
301,777
291,320
411,926
435,875
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For the year ended 31 March 2025
McCartney Property Services Limited
Notes to the Financial Statements Continued
| 7. Trade and other payables: amounts falling due after more than one year |
2024
2025
2,814
-
| Obligations under HP/Financial leases |
| 8. Related party transactions |
| The company is controlled by the Director Mr S Candler who holds 100% of the voting rights of the company. |
| The pension contributions paid on behalf of the Director Mr S Candler amounted to £12,000 (2024: £12,000). |
| 9. Directors advances and guarantees |
Loaned
Shaun Candler
Director Loan Advance
29,067
-
29,067
29,067
-
29,067
| 10. Guarantees and other financial commitments |
| At 31 March 2025 the company had annual commitments under non-cancellable operating leases as set out below: |
2024
2025
| Operating leases which expire: |
14,166
14,166
14,166
14,166
| 11. Average number of persons employed |
During the year the average number of employees was 7 (2024 : 6)
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