Company registration number:
NI631714
The Village Bakery Markethill Ltd
Unaudited filleted financial statements
30 June 2023
The Village Bakery Markethill Ltd
Contents
Accountants report
Statement of financial position and notes to the financial statements
The Village Bakery Markethill Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of The Village Bakery Markethill Ltd
Year ended 30 June 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Village Bakery Markethill Ltd for the year ended 30 June 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
Our work has been undertaken in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie.
Mooney Matthews
Chartered Accountants & Registered Auditors
11 College Street
Armagh
BT61 9BT
11 March 2024
The Village Bakery Markethill Ltd
Statement of financial position
30 June 2023
|
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2023 |
|
2022 |
|
|
|
|
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
37,664 |
|
12,244 |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
97,456 |
|
76,311 |
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
(
54,290) |
|
(
43,631) |
|
|
|
|
|
_______ |
|
_______ |
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|
|
|
|
|
|
|
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Net current assets |
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43,166 |
|
32,680 |
|
|
|
|
|
_______ |
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_______ |
|
|
|
|
|
|
|
|
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|
Total assets less current liabilities |
|
|
80,830 |
|
44,924 |
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
|
(
52,899) |
|
(
40,011) |
|
|
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
(
5,534) |
|
(
3,314) |
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
_______ |
|
|
Net assets |
|
|
22,397 |
|
1,599 |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
22,397 |
|
1,599 |
|
|
|
|
|
_______ |
|
_______ |
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|
|
|
|
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Notes to the financial statements
The Village Bakery Markethill Ltd
Year ended 30 June 2023
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2022:
3
).
2.
Directors advances, credits and guarantees
|
During the year the directors entered into the following advances and credits with the company: |
|
|
|
|
|
|
|
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2023 |
|
|
|
|
|
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
|
|
|
|
|
£ |
£ |
£ |
|
|
|
|
Mr William Joseph McMahon |
5,314 |
- |
5,314 |
|
|
|
|
Mrs Linda McMahon |
5,314 |
(
2,000) |
3,314 |
|
|
|
|
Mr Adam McMahon |
- |
(
20,000) |
(
20,000) |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
10,628 |
(
22,000) |
(
11,372) |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
|
|
|
|
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|
2022 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
|
|
|
|
|
£ |
£ |
£ |
|
|
|
|
Mr William Joseph McMahon |
5,314 |
- |
5,314 |
|
|
|
|
Mrs Linda McMahon |
5,314 |
- |
5,314 |
|
|
|
|
Mr Adam McMahon |
- |
- |
- |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
10,628 |
- |
10,628 |
|
|
|
|
|
_______ |
_______ |
_______ |
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For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
11 March 2024
, and are signed on behalf of the board by:
Mrs Linda McMahon
Director
Company registration number:
NI631714
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 76 Main Street, Markethill, Armagh, BT60 1PL.