REGISTERED NUMBER: 12512261 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

MCCLUSKEY SURVEYORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E McCluskey

Mr A McCluskey

REGISTERED OFFICE:

Office 4, The Manor House

Cockington Court Craft Centre

Cockington

Torquay

Devon

TQ2 6XA

REGISTERED NUMBER:

12512261 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Starling Bank

3rd Floor

2 Finsbury Avenue

London

EC2M 2PP

FIXED ASSETS

Intangible assets

4

542

1,068

Tangible assets

5

10,084

2,061

10,626

3,129

CURRENT ASSETS

Debtors

6

35,098

19,104

Cash at bank

35,508

22,702

70,606

41,806

CREDITORS

Amounts falling due within one year

7

59,682

36,204

NET CURRENT ASSETS

10,924

5,602

TOTAL ASSETS LESS CURRENT LIABILITIES

21,550

8,731

CREDITORS

Amounts falling due after more than one year

8

(11,772

)

-

PROVISIONS FOR LIABILITIES

(1,916

)

(392

)

NET ASSETS

7,862

8,339

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,762

8,239

SHAREHOLDERS' FUNDS

7,862

8,339

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

Mr A McCluskey - Director

Mrs E McCluskey - Director

1.	STATUTORY INFORMATION

McCluskey Surveyors Ltd 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of three years.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

Website

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

24,000

1,594

25,594

AMORTISATION

At 1 April 2025

24,000

526

24,526

Amortisation for year

-

526

526

At 31 March 2026

24,000

1,052

25,052

NET BOOK VALUE

At 31 March 2026

-

542

542

At 31 March 2025

-

1,068

1,068

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

5,623

-

3,399

9,022

Additions

4,368

730

6,300

11,398

At 31 March 2026

9,991

730

9,699

20,420

DEPRECIATION

At 1 April 2025

4,949

-

2,012

6,961

Charge for year

1,008

110

2,257

3,375

At 31 March 2026

5,957

110

4,269

10,336

NET BOOK VALUE

At 31 March 2026

4,034

620

5,430

10,084

At 31 March 2025

674

-

1,387

2,061

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

7,372

6,558

Amounts owed by associates

5,631

5,529

Other debtors

774

-

Directors' current accounts

13,788

3,361

Prepayments

7,533

3,656

35,098

19,104

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

19,000

-

Trade creditors

9,037

6,595

Tax

8,224

8,192

Social security and other taxes

2,857

77

VAT

11,817

7,390

Other creditors

493

448

Accruals and deferred income

8,254

13,502

59,682

36,204

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

11,772

-

9.	OTHER FINANCIAL COMMITMENTS

At 31 March 2026, the company had total commitments under non-cancellable operating leases over the remaining life of the those leases of £2,071 (2025: £Nil).

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mrs E McCluskey and Mr A McCluskey

Balance outstanding at start of year

3,361

(1,684

)

Amounts advanced

61,601

81,367

Amounts repaid

(51,174

)

(76,322

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

13,788

3,361

Loans are unsecured, interest free and repayable on demand.

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £41,000 (2025 - £30,000) were paid to the directors .

The company was owed £5,628 (2025: £5,529) from Legacy Property (SW) Limited, a company owned by the directors Mr A & Mrs E McCluskey.