P J McNama Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04574519 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2021

for

P J McNama Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J McNama

M McNama

REGISTERED OFFICE:

17 Duckmoor Road

Ashton

Bristol

BS3 2DD

REGISTERED NUMBER:

04574519 (England and Wales)

ACCOUNTANTS:

P B Accountancy Ltd

17 Duckmoor Road

Ashton

Bristol

BS3 2DD

FIXED ASSETS

Tangible assets

4

127,934

164,336

Investment property

5

406,597

406,597

534,531

570,933

CURRENT ASSETS

Debtors

6

139,453

101,300

Cash at bank and in hand

308,925

240,877

448,378

342,177

CREDITORS

Amounts falling due within one year

7

100,624

92,181

NET CURRENT ASSETS

347,754

249,996

TOTAL ASSETS LESS CURRENT LIABILITIES

882,285

820,929

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

882,185

820,829

SHAREHOLDERS' FUNDS

882,285

820,929

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 July 2022 and were signed on its behalf by:

P J McNama - Director

1.	STATUTORY INFORMATION

P J McNama Limited 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.

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 etc

-

33% on cost and 25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2020

101,843

2,829

384,547

5,111

494,330

Additions

6,039

-

-

1,347

7,386

At 30 November 2021

107,882

2,829

384,547

6,458

501,716

DEPRECIATION

At 1 December 2020

61,845

2,068

262,601

3,480

329,994

Charge for year

11,512

191

30,487

1,598

43,788

At 30 November 2021

73,357

2,259

293,088

5,078

373,782

NET BOOK VALUE

At 30 November 2021

34,525

570

91,459

1,380

127,934

At 30 November 2020

39,998

761

121,946

1,631

164,336

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2020

and 30 November 2021

406,597

NET BOOK VALUE

At 30 November 2021

406,597

At 30 November 2020

406,597

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.21

30.11.20

£

£

Trade debtors

138,286

100,133

Other debtors

1,167

1,167

139,453

101,300

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.21

30.11.20

£

£

Trade creditors

5,667

8,595

Taxation and social security

4,861

(6,275

)

Other creditors

90,096

89,861

100,624

92,181

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2021 and 30 November 2020:

30.11.21

30.11.20

£

£

P J McNama and M McNama

Balance outstanding at start of year

(87,001

)

(82,252

)

Amounts repaid

-

(4,749

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(87,521

)

(87,001

)

9.	ULTIMATE CONTROLLING PARTY