Company Registration No. NI627139 (Northern Ireland)
McAtee's Bar and Lounge Ltd
Unaudited accounts
for the year ended 31 October 2023
McAtee's Bar and Lounge Ltd
Unaudited accounts
Contents
McAtee's Bar and Lounge Ltd
Company Information
for the year ended 31 October 2023
Directors
Mr F McAtee
Mr V Mcatee
Company Number
NI627139 (Northern Ireland)
Registered Office
1 Church Street
Fintona
Tyrone
BT78 2BR
Northern Ireland
Accountants
A D Pottie & Co Ltd
1 Church Street
Fintona
Tyrone
BT78 2BR
McAtee's Bar and Lounge Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
64,482
75,260
Cash at bank and in hand
2,877
39,699
Creditors: amounts falling due within one year
(35,032)
(40,297)
Net current (liabilities)/assets
(42,665)
3,289
Total assets less current liabilities
21,817
78,549
Creditors: amounts falling due after more than one year
(27,521)
(36,490)
Net (liabilities)/assets
(5,704)
42,059
Called up share capital
2
2
Profit and loss account
(5,706)
42,057
Shareholders' funds
(5,704)
42,059
For the year ending 31 October 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 June 2024 and were signed on its behalf by
Mr V Mcatee
Director
Company Registration No. NI627139
McAtee's Bar and Lounge Ltd
Notes to the Accounts
for the year ended 31 October 2023
McAtee's Bar and Lounge Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI627139. The registered office is 1 Church Street, Fintona, Tyrone, BT78 2BR, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
198,697
12,250
210,947
At 31 October 2023
199,299
12,250
211,549
At 1 November 2022
132,287
3,400
135,687
Charge for the year
10,052
1,328
11,380
At 31 October 2023
142,339
4,728
147,067
At 31 October 2023
56,960
7,522
64,482
At 31 October 2022
66,410
8,850
75,260
Amounts falling due within one year
McAtee's Bar and Lounge Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
31,909
37,845
Amounts owed to group undertakings and other participating interests
1,426
-
Taxes and social security
307
1,156
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 9 (2022: 9).