Company Registration No. 12580056 (England and Wales)
MCCORMACK PROPERTY HOLDINGS LIMITED
Unaudited accounts
for the year ended 30 April 2025
MCCORMACK PROPERTY HOLDINGS LIMITED
Unaudited accounts
Contents
MCCORMACK PROPERTY HOLDINGS LIMITED
Company Information
for the year ended 30 April 2025
Directors
Billy McCormack
Garry McCormack
Company Number
12580056 (England and Wales)
Registered Office
249 DAYS LANE
SIDCUP
DA15 8JX
ENGLAND
MCCORMACK PROPERTY HOLDINGS LIMITED
Statement of financial position
as at 30 April 2025
Tangible assets
4,667,091
4,667,091
Cash at bank and in hand
19,810
39,187
Creditors: amounts falling due within one year
(4,969)
(3,521)
Net current assets
158,824
35,666
Total assets less current liabilities
4,825,915
4,702,757
Creditors: amounts falling due after more than one year
(4,800,499)
(4,694,260)
Called up share capital
100
100
Profit and loss account
25,316
8,397
Shareholders' funds
25,416
8,497
For the year ending 30 April 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by
Billy McCormack
Director
Company Registration No. 12580056
MCCORMACK PROPERTY HOLDINGS LIMITED
Notes to the Accounts
for the year ended 30 April 2025
MCCORMACK PROPERTY HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12580056. The registered office is 249 DAYS LANE, SIDCUP, DA15 8JX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Line
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2024
4,667,091
399
4,667,490
At 30 April 2025
4,667,091
399
4,667,490
At 30 April 2025
-
399
399
At 30 April 2025
4,667,091
-
4,667,091
At 30 April 2024
4,667,091
-
4,667,091
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
3,969
2,521
MCCORMACK PROPERTY HOLDINGS LIMITED
Notes to the Accounts
for the year ended 30 April 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
3,283,524
3,097,025
Loans from directors
1,498,547
1,577,011
Deferred income
18,428
20,224
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).