NIALL MCMAHON LIMITED

Company Registration Number:
03905180 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

NIALL MCMAHON LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

NIALL MCMAHON LIMITED

Balance sheet

As at 31 January 2023


Notes

2023

2022


£

£
Current assets
Stocks: 2,487,783 2,487,783
Debtors:   6,655 5,311
Cash at bank and in hand: 660,152 611,266
Total current assets: 3,154,590 3,104,360
Creditors: amounts falling due within one year:   (87,297) (122,789)
Net current assets (liabilities): 3,067,293 2,981,571
Total assets less current liabilities: 3,067,293 2,981,571
Total net assets (liabilities): 3,067,293 2,981,571
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 3,066,293 2,980,571
Shareholders funds: 3,067,293 2,981,571

The notes form part of these financial statements

NIALL MCMAHON LIMITED

Balance sheet statements

For the year ending 31 January 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 September 2023
and signed on behalf of the board by:

Name: Niall McMahon
Status: Director

The notes form part of these financial statements

NIALL MCMAHON LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover represents amounts receivable for services net of VAT

NIALL MCMAHON LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

NIALL MCMAHON LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Related party transactions

Name of the related party: N N McMahon
Relationship:
Director
Description of the Transaction: Repayment of loan account £17,104
£
Balance at 01 February 2022 53,478
Balance at 31 January 2023 36,374
Name of the related party: Niall McMahon
Relationship:
Director and shareholder
Description of the Transaction: Payment of dividend £25,000
£
Balance at 01 February 2022 0
Balance at 31 January 2023 0
Name of the related party: Mrs C J McMahon
Relationship:
Director and shareholder
Description of the Transaction: Payment of dividend £25,000
£
Balance at 01 February 2022 0
Balance at 31 January 2023 0
Name of the related party: T B McMahon
Relationship:
Shareholder
Description of the Transaction: Payment of dividend £15,000
£
Balance at 01 February 2022 0
Balance at 31 January 2023 0
Name of the related party: Ms E McMahon
Relationship:
Shareholder
Description of the Transaction: Payment of dividend £15,000
£
Balance at 01 February 2022 0
Balance at 31 January 2023 0

NIALL MCMAHON LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Post balance sheet events

Mrs C J McMahon was appointed an additional director on the 11 July 2023