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REGISTERED NUMBER: 10760782 (England and Wales)















Beirne M Limited

Unaudited Financial Statements for the Year Ended 31 May 2023






Beirne M Limited (Registered number: 10760782)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Beirne M Limited

Company Information
for the Year Ended 31 May 2023







Directors: Michael Andrew Beirne
Alice Beirne





Registered office: 1 Newbury Drive
Eccles
Manchester
M30 8WE





Registered number: 10760782 (England and Wales)





Accountants: Leach Briely
Craven House
32 Lee Lane
Horwich
Bolton
BL6 7BY

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Beirne M Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Beirne M Limited for the year ended 31 May 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Beirne M Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Beirne M Limited and state those matters that we have agreed to state to the Board of Directors of Beirne M Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Beirne M Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Beirne M Limited. You consider that Beirne M Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Beirne M Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Leach Briely
Craven House
32 Lee Lane
Horwich
Bolton
BL6 7BY


22 February 2024

Beirne M Limited (Registered number: 10760782)

Statement of Financial Position
31 May 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 47,032 39,760

Current assets
Stocks 60,000 39,849
Debtors 5 155,897 110,079
Cash at bank and in hand 146,759 138,378
362,656 288,306
Creditors
Amounts falling due within one year 6 176,814 144,205
Net current assets 185,842 144,101
Total assets less current liabilities 232,874 183,861

Creditors
Amounts falling due after more than
one year

7

(20,000

)

(30,000

)

Provisions for liabilities 8 (12,463 ) (10,536 )
Net assets 200,411 143,325

Capital and reserves
Called up share capital 9 100 100
Retained earnings 200,311 143,225
Shareholders' funds 200,411 143,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

Beirne M Limited (Registered number: 10760782)

Statement of Financial Position - continued
31 May 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 Board of Directors and authorised for issue on 22 February 2024 and were signed on its behalf by:





Michael Andrew Beirne - Director


Beirne M Limited (Registered number: 10760782)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. Statutory information

Beirne M Limited 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.
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Stocks
Stock is measured at estimated cost.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation
The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.


Beirne M Limited (Registered number: 10760782)

Notes to the Financial Statements - continued
for the Year Ended 31 May 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.

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 2 (2022 - 2 ) .

4. Tangible fixed assets
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
Cost
At 1 June 2022 4,500 91,893 96,393
Additions - 36,795 36,795
Disposals - (20,995 ) (20,995 )
At 31 May 2023 4,500 107,693 112,193
Depreciation
At 1 June 2022 900 55,733 56,633
Charge for year 900 10,690 11,590
Eliminated on disposal - (3,062 ) (3,062 )
At 31 May 2023 1,800 63,361 65,161
Net book value
At 31 May 2023 2,700 44,332 47,032
At 31 May 2022 3,600 36,160 39,760

Beirne M Limited (Registered number: 10760782)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 133,692 103,628
Other debtors 22,205 6,451
155,897 110,079

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loan 10,000 10,000
Trade creditors 31,029 26,631
Taxation and social security 36,105 33,128
Other creditors 99,680 74,446
176,814 144,205

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loan 20,000 30,000

8. Provisions for liabilities
2023 2022
£    £   
Deferred tax 12,463 10,536

Deferred
tax
£   
Balance at 1 June 2022 10,536
Charge to Statement of Income and Retained Earnings during year 1,927
Balance at 31 May 2023 12,463

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100