Anthony Macpherson Construction Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07456692 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2022

for

Anthony Macpherson Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P W M Higgins

Mr D A Gifford

REGISTERED OFFICE:

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

BUSINESS ADDRESS:

39 Harrington Drive

Hatherley

Cheltenham

Gloucestershire

GL51 6ER

REGISTERED NUMBER:

07456692 (England and Wales)

ACCOUNTANTS:

Andrew R Cook Chartered Accountants

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

FIXED ASSETS

Tangible assets

4

7,436

9,914

CURRENT ASSETS

Stocks

5

-

269,528

Debtors

6

3,321

3,500

Cash at bank

427,695

277,535

431,016

550,563

CREDITORS

Amounts falling due within one year

7

36,967

79,846

NET CURRENT ASSETS

394,049

470,717

TOTAL ASSETS LESS CURRENT LIABILITIES

401,485

480,631

CREDITORS

Amounts falling due after more than one year

8

25,797

35,383

NET ASSETS

375,688

445,248

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

375,588

445,148

SHAREHOLDERS' FUNDS

375,688

445,248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 22 September 2023 and were signed on its behalf by:

Mr P W M Higgins - Director

1.	STATUTORY INFORMATION

Anthony Macpherson Construction 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.

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

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2022

and 31 December 2022

20,500

DEPRECIATION

At 1 January 2022

10,586

Charge for year

2,478

At 31 December 2022

13,064

NET BOOK VALUE

At 31 December 2022

7,436

At 31 December 2021

9,914

5.

STOCKS

31.12.22

31.12.21

£

£

Work-in-progress

-

269,528

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Trade debtors

240

-

Social security and other

taxes

59

-

VAT

3,022

-

Prepayments

-

3,500

3,321

3,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Bank loans and overdrafts

9,872

9,617

Other loans

-

5,000

Trade creditors

3,231

3,921

Corporation tax

3,031

44,013

Social security and other taxes

-

708

VAT

-

268

Directors' current accounts

18,323

13,669

Accrued expenses

2,510

2,650

36,967

79,846

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.22

31.12.21

£

£

Bank loans

25,797

35,383

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.22

31.12.21

value:

£

£

100

Ordinary "A"

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 January 2022

445,148

Profit for the year

10,440

Dividends

(80,000

)

At 31 December 2022

375,588

11.	RELATED PARTY DISCLOSURES

During the year a director, Mr P W M Higgins, made net deposits to his account of £4,654. The balance on his account at 31 December 2022 was £18,323 in credit (2021 - £13,669).

Also during the year Mr Higgins received dividends from the company of £40,000.

Likewise during the year the other director, Mr D A Gifford received dividends from the company of £20,000.

12.	ULTIMATE CONTROLLING PARTY

The directors acknowledge that there is no ultimate controlling party as no individual holds a majority of the company's issued share capital.