Registration number: 04841846

McCloy Consulting Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

McCloy Consulting Limited

Company Information

Director

Mr J A McCloy

Registered office

167-169 Great Portland Street 5th Floor London WIW 5PF

Accountants

Hopper & Co 6 Doagh Road Ballyclare Co Antrim BT39 9BG

McCloy Consulting Limited

(Registration number: 04841846)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	8,938	5,876
Current assets
Debtors	5	667,923	382,258
Cash at bank and in hand		540,294	665,786
		1,208,217	1,048,044
Creditors: Amounts falling due within one year	6	(312,806)	(230,292)
Net current assets		895,411	817,752
Net assets		904,349	823,628
Capital and reserves
Called up share capital	7	1,000	1,000
Share premium reserve		4,950	4,950
Capital redemption reserve		200	200
Retained earnings		898,199	817,478
Shareholders' funds		904,349	823,628

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 March 2026
 

......................................... Mr J A McCloy Director

McCloy Consulting Limited

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

1	General information

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

The address of its registered office is:
167-169 Great Portland Street
5th Floor
London
WIW 5PF

These financial statements were authorised for issue by the director on 26 March 2026.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

McCloy Consulting Limited

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

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 taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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
Office Equipment	33% Straight Line
Motor Vehicles	25% reducing balance

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.

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.

Borrowings

McCloy Consulting Limited

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

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 24 (2024 - 23).

McCloy Consulting Limited

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

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 August 2024	82,347	82,347
Additions	6,001	6,001
At 31 July 2025	88,348	88,348
Depreciation
At 1 August 2024	76,471	76,471
Charge for the year	2,939	2,939
At 31 July 2025	79,410	79,410
Carrying amount
At 31 July 2025	8,938	8,938
At 31 July 2024	5,876	5,876

5

Debtors

Current	Note	2025 £	2024 £
Trade debtors		174,525	162,807
Amounts owed by related parties	10	67,768	32,033
Prepayments		42,918	31,373
Other debtors		382,712	156,045
		667,923	382,258

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	2	2
Trade creditors		35,007	48,806
Taxation and social security		187,480	127,142
Accruals and deferred income		72,115	35,566
Other creditors		18,202	18,776
		312,806	230,292

McCloy Consulting Limited

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

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A Shares of £1 each	800	800	800	800
Ordinary B Shares of £1 each	200	200	200	200
	1,000	1,000	1,000	1,000

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	2	2

9

Dividends

Final dividends paid

		2025 £		2024 £
Final dividend of £51.81 (2024 - £47.125) per each Ordinary A Shares		41,451		37,770
Final dividend of £197.10 (2024 - £230.00) per each Ordinary B Shares		39,421		46,000
		80,872		83,770

Recommended final dividends paid and not recognised in the accounts

The director is recommending the following final dividends:

£50.00 per each Ordinary A Shares share totalling £40,000 (2024 - £40,000.00)

£200.00 per each Ordinary B Shares share totalling £40,000 (2024 - £40,000.00)

These dividends have not been accrued in the balance sheet.

10	Related party transactions

McCloy Consulting Limited

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

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	23,133	25,412
Contributions paid to money purchase schemes	86,315	64,000
	109,448	89,412