2023-04-01 NI639227 2024-03-31 NI639227 2023-04-01 2024-03-31 NI639227 2023-03-31 NI639227 2022-04-01 2023-03-31 NI639227 uk-core:WithinOneYear 2023-03-31 NI639227 uk-core:WithinOneYear 2024-03-31 NI639227 uk-core:ShareCapital 2024-03-31 NI639227 uk-core:ShareCapital 2023-03-31 NI639227 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI639227 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 NI639227 uk-bus:Director1 2023-04-01 2024-03-31 NI639227 uk-core:LandBuildings 2023-04-01 2024-03-31 NI639227 uk-core:PlantMachinery 2023-04-01 2024-03-31 NI639227 uk-core:PlantMachinery 2023-03-31 NI639227 uk-core:LandBuildings 2023-03-31 NI639227 uk-core:LandBuildings 2024-03-31 NI639227 uk-core:PlantMachinery 2024-03-31 NI639227 uk-core:AfterOneYear 2024-03-31 NI639227 uk-core:AfterOneYear 2023-03-31 iso4217:GBP xbrli:pure NI639227 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 NI639227 uk-bus:FRS102 2023-04-01 2024-03-31 NI639227 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 NI639227 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
McKeown Holdings Ltd.
Registered Number:NI639227
For the year ended 31 March 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 March 2024
McKeown Holdings Ltd.
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI639227
As at 31 March 2024
McKeown Holdings Ltd.
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
143,747
189,921
2
143,747
189,921
Current assets
Trade and other receivables
22,735
554
3
5,631
Cash and cash equivalents
30,122
30,676
28,366
Trade and other payables: amounts falling due within one
year
(60,679)
(22,453)
4
(32,313)
8,223
Net current assets
Total assets less current liabilities
151,970
157,608
(14,116)
(8,791)
Provisions for liabilities
137,854
Net assets
148,817
Capital and reserves
Called up share capital
111
1
Retained earnings
137,743
148,816
137,854
148,817
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Robert John McKeown Director
These financial statements were approved and authorised for issue by the Board on 30 July 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
McKeown Holdings Ltd.
Notes to the Financial Statements
Statutory Information
McKeown Holdings Ltd. is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI639227.
Registered address:
40 Garvagh Road
Dungannon
County Tyrone
Northern Ireland
BT70 3LS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
10 Straight line
Plant and Machinery
20 Reducing balance
2. Property, plant and equipment
Total
Plant and
Machinery
Land and
Buildings
£
£
£
Cost or
valuation
At 01 April 2023
482,602
207,602
275,000
10,450
10,450
-
Additions
At 31 March 2024
275,000
218,052
493,052
Provision for depreciation and impairment
At 01 April 2023
292,681
129,056
163,625
Charge for year
56,624
22,249
34,375
At 31 March 2024
349,305
151,305
198,000
At 31 March 2024
Net book value
77,000
66,747
143,747
At 31 March 2023
111,375
78,546
189,921
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5
For the year ended 31 March 2024
McKeown Holdings Ltd.
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
22,034
Other debtors
554
701
22,735
554
The debtors above include the following amounts falling due after more than one year:
Trade debtors
-
22,034
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
4,176
5,015
Taxation and social security
14,417
18,082
Other creditors
3,860
37,582
22,453
60,679
5. Average number of persons employed
During the year the average number of employees was 0
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