MCKAY ACCOUNTANCY LTD

MCKAY ACCOUNTANCY LTD
Contents Page
For the year ended 31 January 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

MCKAY ACCOUNTANCY LTD
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	300	0
		300	0
Current assets
Debtors: amounts falling due within one year		245,640	132,940
Cash at bank and in hand		10,642	70,407
		256,282	203,347
Creditors: amount falling due within one year		(52,118)	(40,103)
Net current assets		204,164	163,244

Total assets less current liabilities		204,464	163,244
Creditors: amount falling due after more than one year		0	(5,130)
Net assets		204,464	158,114

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		204,364	158,014
Shareholders' funds		204,464	158,114

For the year ended 31 January 2026 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 24 October 2026 and were signed by:

-------------------------------
Saurabh Gupta
Director

1

MCKAY ACCOUNTANCY LTD
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

MCKAY ACCOUNTANCY LTD is a private company, limited by shares, registered in , registration number 11141761, registration address 11 WINCKLEY CLOSE, HARROW MIDDLESEX, HA3 9QW.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, 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:

Computer Equipment

2 Straight Line

2.	Average number of employees Average number of employees during the period was 0 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 February 2025	903	903
Additions	599	599
Disposals	-	-
At 31 January 2026	1,502	1,502
Depreciation
At 01 February 2025	903	903
Charge for year	299	299
On disposals	-	-
At 31 January 2026	1,202	1,202
Net book values
Closing balance as at 31 January 2026	300	300
Opening balance as at 01 February 2025	-	-

4.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100

2