Registration number: 06986390

McNeil Commercial Limited

(Registration number: 06986390)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	1,262	1,262
Current assets
Debtors	4	29,589	29,589
Cash at bank and in hand		1,293	1,293
		30,882	30,882
Creditors: Amounts falling due within one year	6	(30,816)	(30,816)
Net current assets		66	66
Total assets less current liabilities		1,328	1,328
Provisions for liabilities	7	(240)	(240)
Net assets		1,088	1,088
Capital and reserves
Called up share capital	8	100	100
Retained earnings		988	988
Shareholders' funds		1,088	1,088

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 31 December 2025 and signed on its behalf by:
 

......................................... JC McNeil Director

McNeil Commercial Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
4 Beau Street
Bath
BA1 1QY
England

The Company ceased trading on 1 April 2024 and has been dormant throughout the period.

These financial statements were authorised for issue by the Board on 31 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	5 years straight line
Fixtures and fittings	4 years straight line
Computer equipment	3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

McNeil Commercial Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

McNeil Commercial Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	12,355	115	12,470
At 31 March 2025	12,355	115	12,470
Depreciation
At 1 April 2024	11,093	115	11,208
At 31 March 2025	11,093	115	11,208
Carrying amount
At 31 March 2025	1,262	-	1,262
At 31 March 2024	1,262	-	1,262

4

Debtors

Current	2025 £	2024 £
Trade debtors	7,200	7,200
Other debtors	18,764	18,764
Accrued income	3,625	3,625
	29,589	29,589

5	Cash and cash equivalents

	2025 £	2024 £
Cash at bank	1,293	1,293

McNeil Commercial Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

	Note	2025 £	2024 £
Due within one year
Trade creditors		1,962	1,962
Social security and other taxes		5,587	5,587
Other payables		2,748	2,748
Accruals		1,536	1,536
Income tax liability		18,983	18,983
		30,816	30,816

7	Provisions for liabilities

	Deferred tax £	Total £
At 1 April 2024	240	240
At 31 March 2025	240	240

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100