MCKILLOP RETAIL LTD

Company Registration Number:
NI617089 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

MCKILLOP RETAIL LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

MCKILLOP RETAIL LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 305,000 325,000
Tangible assets: 4 250,973 69,704
Total fixed assets: 555,973 394,704
Current assets
Stocks: 85,000 85,000
Debtors:   52,838 41,700
Cash at bank and in hand: 22,348 151,005
Total current assets: 160,186 277,705
Creditors: amounts falling due within one year:   (139,709) (146,708)
Net current assets (liabilities): 20,477 130,997
Total assets less current liabilities: 576,450 525,701
Creditors: amounts falling due after more than one year:   (170,852) (28,157)
Total net assets (liabilities): 405,598 497,544
Capital and reserves
Called up share capital: 125 125
Profit and loss account: 405,473 497,419
Shareholders funds: 405,598 497,544

The notes form part of these financial statements

MCKILLOP RETAIL LTD

Balance sheet statements

For the year ending 31 March 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 October 2023
and signed on behalf of the board by:

Name: Richie McKillop
Status: Director

The notes form part of these financial statements

MCKILLOP RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 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

MCKILLOP RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 29 31

MCKILLOP RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible Assets

Total
Cost £
At 01 April 2022 500,000
At 31 March 2023 500,000
Amortisation
At 01 April 2022 175,000
Charge for year 20,000
At 31 March 2023 195,000
Net book value
At 31 March 2023 305,000
At 31 March 2022 325,000

MCKILLOP RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 134,396
Additions 244,012
At 31 March 2023 378,408
Depreciation
At 01 April 2022 64,692
Charge for year 62,743
At 31 March 2023 127,435
Net book value
At 31 March 2023 250,973
At 31 March 2022 69,704