IRIS Accounts Production v23.3.1.45 04902646 director 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh049026462022-09-30049026462023-09-30049026462022-10-012023-09-30049026462021-09-30049026462021-10-012022-09-30049026462022-09-3004902646ns10:Originalns15:EnglandWales2022-10-012023-09-3004902646ns14:PoundSterlingns10:Original2022-10-012023-09-3004902646ns10:Originalns10:Director12022-10-012023-09-3004902646ns10:Original2022-10-012023-09-3004902646ns10:Original2023-09-3004902646ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3004902646ns10:Originalns10:SmallEntities2022-10-012023-09-3004902646ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3004902646ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3004902646ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3004902646ns10:Originalns10:FullAccounts2022-10-012023-09-3004902646ns10:CompanySecretary1ns10:Original2022-10-012023-09-3004902646ns10:Originalns10:RegisteredOffice2022-10-012023-09-3004902646ns10:Original2022-09-3004902646ns10:Originalns5:CurrentFinancialInstruments2023-09-3004902646ns10:Originalns5:CurrentFinancialInstruments2022-09-3004902646ns10:Originalns5:Non-currentFinancialInstruments2023-09-3004902646ns10:Originalns5:Non-currentFinancialInstruments2022-09-3004902646ns5:ShareCapitalns10:Original2023-09-3004902646ns5:ShareCapitalns10:Original2022-09-3004902646ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3004902646ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3004902646ns10:Originalns5:ComputerEquipment2022-10-012023-09-3004902646ns10:Original2021-10-012022-09-3004902646ns10:Originalns5:PlantMachinery2022-09-3004902646ns10:Originalns5:PlantMachinery2022-10-012023-09-3004902646ns10:Originalns5:PlantMachinery2023-09-3004902646ns10:Originalns5:PlantMachinery2022-09-3004902646ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3004902646ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3004902646ns10:Originalns5:DeferredTaxation2022-09-3004902646ns10:Originalns5:DeferredTaxation2022-10-012023-09-3004902646ns10:Originalns5:DeferredTaxation2023-09-3004902646ns10:Original1ns10:Director12022-09-3004902646ns10:Original1ns10:Director12021-09-3004902646ns10:Original1ns10:Director12022-10-012023-09-3004902646ns10:Original1ns10:Director12021-10-012022-09-3004902646ns10:Original1ns10:Director12023-09-3004902646ns10:Original1ns10:Director12022-09-30
REGISTERED NUMBER: 04902646 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

ANN MULQUEENEY LTD

ANN MULQUEENEY LTD (REGISTERED NUMBER: 04902646)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ANN MULQUEENEY LTD

COMPANY INFORMATION
for the Year Ended 30 September 2023







DIRECTOR: Mrs A Rosbotham





SECRETARY: Mrs E Mulqueeney





REGISTERED OFFICE: 49 Park Road North
Newton le Willows
Merseyside
WA12 9TA





REGISTERED NUMBER: 04902646 (England and Wales)





ACCOUNTANTS: Fairhurst
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

ANN MULQUEENEY LTD (REGISTERED NUMBER: 04902646)

STATEMENT OF FINANCIAL POSITION
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,116 1,488

CURRENT ASSETS
Stocks 7,000 -
Debtors 5 3,057 2,361
Cash at bank 1,161 22,041
11,218 24,402
CREDITORS
Amounts falling due within one year 6 5,226 9,925
NET CURRENT ASSETS 5,992 14,477
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,108

15,965

CREDITORS
Amounts falling due after more than one
year

7

(5,956

)

(7,386

)

PROVISIONS FOR LIABILITIES 8 (280 ) (372 )
NET ASSETS 872 8,207

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 870 8,205
SHAREHOLDERS' FUNDS 872 8,207

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ANN MULQUEENEY LTD (REGISTERED NUMBER: 04902646)

STATEMENT OF FINANCIAL POSITION - continued
30 September 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 March 2024 and were signed by:





Mrs A Rosbotham - Director


ANN MULQUEENEY LTD (REGISTERED NUMBER: 04902646)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Ann Mulqueeney 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 receivable for goods and services sold, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Tangible fixed assets are recorded at cost, less depreciation and impairment.

Impairment of assets
At each reporting date assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss.

Where an impairment loss subsequently reverses, the carrying amount of each asset is increased to the revised estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

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.

Financial instruments
Short term financial assets, including trade and other debtors and cash and bank balances, are measured at the transaction price. Financial assets that have no stated interest rate and are recoverable within one year shall be measured at the undiscounted amount due.

Short term liabilities, including trade and other creditors, are measured at the transaction price. Financial liabilities that have no stated interest rate and are payable within one year shall be measured at the undiscounted amount due.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


ANN MULQUEENEY LTD (REGISTERED NUMBER: 04902646)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 15,009
DEPRECIATION
At 1 October 2022 13,521
Charge for year 372
At 30 September 2023 13,893
NET BOOK VALUE
At 30 September 2023 1,116
At 30 September 2022 1,488

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 2,361
Other debtors 3,057 -
3,057 2,361

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,600 2,600
Taxation and social security 1,304 3,533
Other creditors 1,322 3,792
5,226 9,925

ANN MULQUEENEY LTD (REGISTERED NUMBER: 04902646)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 5,956 7,386

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 280 372

Deferred
tax
£   
Balance at 1 October 2022 372
Provided during year (92 )
Balance at 30 September 2023 280

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
Mrs A Rosbotham
Balance outstanding at start of year (1,739 ) (729 )
Amounts advanced 36,764 34,561
Amounts repaid (31,968 ) (35,571 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,057 (1,739 )

The balance has been repaid within 9 months of the year end with interest charged at 2.5%.

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £9,000 (2022 - £11,000) were paid to the director .