McCarthy Bainbridge Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01096971 (England and Wales)

Financial Statements for the Year Ended 31 October 2020

for

MCCARTHY BAINBRIDGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Bainbridge

Mr M J Pragnell

REGISTERED OFFICE:

Bagshot Road

Worplesdon Hill

Woking

Surrey

GU22 0QY

REGISTERED NUMBER:

01096971 (England and Wales)

ACCOUNTANTS:

THB LLP

1 & 2 Studley Court Mews

Studley Court

Guildford Road

Chobham

Surrey

GU24 8EB

FIXED ASSETS

Tangible assets

4

11,243

6,343

CURRENT ASSETS

Debtors

5

88,338

124,689

Cash at bank

106,678

36,629

195,016

161,318

CREDITORS

Amounts falling due within one year

6

80,802

106,093

NET CURRENT ASSETS

114,214

55,225

TOTAL ASSETS LESS CURRENT LIABILITIES

125,457

61,568

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

125,357

61,468

SHAREHOLDERS' FUNDS

125,457

61,568

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 October 2020 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 11 June 2021 and were signed on its behalf by:

Mr A J Bainbridge - Director

1.	STATUTORY INFORMATION

McCarthy Bainbridge 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.

Fixtures and fittings

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2019 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 November 2019

48,764

Additions

11,159

At 31 October 2020

59,923

DEPRECIATION

At 1 November 2019

42,421

Charge for year

6,259

At 31 October 2020

48,680

NET BOOK VALUE

At 31 October 2020

11,243

At 31 October 2019

6,343

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.20

31.10.19

£

£

Trade debtors

87,313

70,325

Other debtors

1,025

54,364

88,338

124,689

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.20

31.10.19

£

£

Trade creditors

19,256

43,802

Taxation and social security

12,359

7,103

Other creditors

49,187

55,188

80,802

106,093

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.20

31.10.19

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 November 2019

61,468

Profit for the year

194,454

Dividends

(130,565

)

At 31 October 2020

125,357