McLoughlin Property Ltd - Period Ending 2023-03-31
McLoughlin Property Ltd - Period Ending 2023-03-31
Registration number:
McLoughlin Property Ltd
for the Period from 1 November 2021 to 31 March 2023
McLoughlin Property Ltd
Contents
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Company Information |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
McLoughlin Property Ltd
Company Information
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Directors |
D J McLoughlin V C G Pinto |
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Registered office |
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Accountants |
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McLoughlin Property Ltd
(Registration number: 12280584)
Balance Sheet as at 31 March 2023
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Note |
2023 |
2021 |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
(1,530) |
(900) |
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Shareholders' deficit |
(1,430) |
(800) |
For the financial period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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• |
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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.
These financial statements have been 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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McLoughlin Property Ltd
Statement of Changes in Equity for the Period from 1 November 2021 to 31 March 2023
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Share capital |
Retained earnings |
Total |
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At 1 November 2021 |
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( |
( |
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Loss for the period |
- |
( |
( |
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At 31 March 2023 |
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( |
( |
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Share capital |
Retained earnings |
Total |
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At 1 November 2020 |
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( |
( |
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Loss for the period |
- |
( |
( |
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At 31 October 2021 |
100 |
(900) |
(800) |
McLoughlin Property Ltd
Notes to the Unaudited Financial Statements for the Period from 1 November 2021 to 31 March 2023
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General information |
The company is a private company limited by share capital, incorporated in England .
The address of its registered office is:
England
These financial statements were authorised for issue by the
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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. The Company met its day to day working capital requirements through the support of its Directors. They have indicated that this support will continue for the foreseeable future. On this basis the Directors consider it appropriate to prepare the financial statements on a going concern basis.
Tax
The tax expense for the period comprises Corporation Tax, based on the Company's taxable profit and chargeable gains. Tax is recognised in the 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.
McLoughlin Property Ltd
Notes to the Unaudited Financial Statements for the Period from 1 November 2021 to 31 March 2023
The current corporation 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.
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.
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.
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Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
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Creditors |
Creditors: amounts falling due within one year
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2023 |
2021 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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2023 |
2021 |
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No. |
£ |
No. |
£ |
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100 |
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100 |