Relate AccountsProduction v2.6.3 v2.6.3 2022-12-01 The company was not dormant during the period The company was trading for the entire period The principal activity of the company is freight transport by road. 14 August 2024 4 4 NI615320 2023-11-30 NI615320 2022-11-30 NI615320 2021-11-30 NI615320 2022-12-01 2023-11-30 NI615320 2021-12-01 2022-11-30 NI615320 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 NI615320 uk-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 NI615320 uk-bus:AbridgedAccounts 2022-12-01 2023-11-30 NI615320 uk-bus:Director1 2022-12-01 2023-11-30 NI615320 uk-bus:RegisteredOffice 2022-12-01 2023-11-30 NI615320 uk-bus:Agent1 2022-12-01 2023-11-30 NI615320 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 NI615320 uk-core:ShareCapital 2023-11-30 NI615320 uk-core:ShareCapital 2022-11-30 NI615320 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 NI615320 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 NI615320 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-11-30 NI615320 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-11-30 NI615320 uk-bus:FRS102 2022-12-01 2023-11-30 NI615320 uk-core:Land 2022-12-01 2023-11-30 NI615320 uk-core:PlantMachinery 2022-12-01 2023-11-30 NI615320 2022-12-01 2023-11-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company Registration Number: NI615320
 
 
McGorman Haulage Services Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 November 2023
McGorman Haulage Services Ltd
DIRECTOR AND OTHER INFORMATION

 
Director Mr. Kevin McGorman
 
 
Company Registration Number NI615320
 
 
Registered Office 2 Church Street
Ballygawley
Dungannon
Co. Tyrone
BT70 2HB
United Kingdom
 
 
Business Address 9a Findrum Rd
Ballygawley
Co. Tyrone
BT70 2JL
United Kingdom
 
 
Accountants K Magill and Company
Chartered Accountants
2 Church Street
Ballygawley
Dungannon
Co. Tyrone
BT70 2HB
United Kingdom



McGorman Haulage Services Ltd
DIRECTOR'S REPORT
for the financial year ended 30 November 2023

 
The director presents their report and the unaudited financial statements for the financial year ended 30 November 2023.
 
Principal Activity
The principal activity of the company is freight transport by road.
     
Director
The director who served during the financial year is as follows:
     
Mr. Kevin McGorman
   
There were no changes in shareholdings between 30 November 2023 and the date of signing the financial statements.
     
Political Contributions
The company did not make any disclosable political donations in the current financial year.
     
Statement of Director's Responsibilities
     
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless they is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
___________________________
Mr. Kevin McGorman
Director
     
14 August 2024



McGorman Haulage Services Ltd

CHARTERED ACCOUNTANTS' REPORT
to the Director on the unaudited Abridged financial statements of McGorman Haulage Services Ltd for the financial year ended 30 November 2023
 
In accordance with our engagement letter dated 4 March 2019 and in order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of the company for the financial year ended 30 November 2023 which comprise the Abridged Balance Sheet and notes from the company's accounting records and information and explanations you have given to us.
 
This report is made solely to the director of McGorman Haulage Services Ltd, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the abridged financial statements of McGorman Haulage Services Ltd and state those matters that we have agreed to state to the director of McGorman Haulage Services Ltd, in this report in accordance with the guidance of Chartered Accountants Ireland. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than McGorman Haulage Services Ltd and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
 
It is your duty to ensure that McGorman Haulage Services Ltd 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 McGorman Haulage Services Ltd. You consider that McGorman Haulage Services Ltd is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the abridged financial statements of McGorman Haulage Services Ltd. 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 abridged financial statements.
 
 
__________________________________
K MAGILL AND COMPANY
Chartered Accountants
2 Church Street
Ballygawley
Dungannon
Co. Tyrone
BT70 2HB
United Kingdom
 
14 August 2024



McGorman Haulage Services Ltd
Company Registration Number: NI615320
ABRIDGED BALANCE SHEET
as at 30 November 2023

2023 2022
Notes £ £
 
Fixed Assets
Tangible assets 4 94,656 84,953
───────── ─────────
 
Current Assets
Stocks 500 14,145
Debtors 32,122 50,457
Cash at bank and in hand 578 10,845
───────── ─────────
33,200 75,447
───────── ─────────
Creditors: amounts falling due within one year (75,921) (95,971)
───────── ─────────
Net Current Liabilities (42,721) (20,524)
───────── ─────────
Total Assets less Current Liabilities 51,935 64,429
 
Creditors:
amounts falling due after more than one year (34,561) (50,169)
───────── ─────────
Net Assets 17,374 14,260
═════════ ═════════
 
Capital and Reserves
Called up share capital 1 1
Retained earnings 17,373 14,259
───────── ─────────
Shareholders' Funds 17,374 14,260
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account.
           
For the financial year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 14 August 2024
           
________________________________          
Mr. Kevin McGorman          
Director          
           



McGorman Haulage Services Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 November 2023

   
1. General Information
 
McGorman Haulage Services Ltd is a company limited by shares incorporated in Northern Ireland. 2 Church Street, Ballygawley, Dungannon, Co. Tyrone, BT70 2HB, United Kingdom is the registered office. The nature of the company's operations and its principal activities are set out in the Director's Report.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 November 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Long leasehold property - 0% Straight line
  Plant and machinery - 20% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Stocks
Stocks are valued at the lower of cost and net realisable value.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates an auto enrolment qualifying pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 4, (2022 - 4).
 
  2023 2022
  Number Number
 
Direct and administrative 4 4
  ═════════ ═════════
         
4. Tangible assets
  Long Plant and Total
  leasehold machinery  
  property    
  £ £ £
Cost
At 1 December 2022 - 325,919 325,919
Additions 11,432 48,244 59,676
Disposals - (148,714) (148,714)
  ───────── ───────── ─────────
At 30 November 2023 11,432 225,449 236,881
  ───────── ───────── ─────────
Depreciation
At 1 December 2022 - 240,966 240,966
Charge for the financial year - 15,873 15,873
On disposals - (114,614) (114,614)
  ───────── ───────── ─────────
At 30 November 2023 - 142,225 142,225
  ───────── ───────── ─────────
Net book value
At 30 November 2023 11,432 83,224 94,656
  ═════════ ═════════ ═════════
At 30 November 2022 - 84,953 84,953
  ═════════ ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 November 2023.
   
6. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.