NOEL MCQUAID & SON LIMITED

Company Registration Number:
NI063425 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

NOEL MCQUAID & SON LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

NOEL MCQUAID & SON LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 214,911 225,855
Investments:   0 0
Total fixed assets: 214,911 225,855
Current assets
Stocks: 230,127 336,740
Debtors:   44,379 17,762
Cash at bank and in hand: 682,758 493,692
Investments:   0 0
Total current assets: 957,264 848,194
Creditors: amounts falling due within one year:   (413,675) (407,423)
Net current assets (liabilities): 543,589 440,771
Total assets less current liabilities: 758,500 666,626
Creditors: amounts falling due after more than one year:   (165,377) (144,078)
Provision for liabilities: (53,726) (42,870)
Total net assets (liabilities): 539,397 479,678
Capital and reserves
Called up share capital: 10,002 10,002
Profit and loss account: 529,395 469,676
Shareholders funds: 539,397 479,678

The notes form part of these financial statements

NOEL MCQUAID & SON LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 October 2024
and signed on behalf of the board by:

Name: Noel McQuaid
Status: Director

The notes form part of these financial statements

NOEL MCQUAID & SON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NOEL MCQUAID & SON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 17 17

NOEL MCQUAID & SON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 713,168
Additions 42,783
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2024 755,951
Depreciation
At 01 April 2023 487,313
Charge for year 53,727
At 31 March 2024 541,040
Net book value
At 31 March 2024 214,911
At 31 March 2023 225,855