NIALL MCMAHON LIMITED

Company Registration Number:
03905180 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

NIALL MCMAHON LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

NIALL MCMAHON LIMITED

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Current assets
Stocks: 1,819,231 2,487,783
Debtors:   162,931 6,655
Cash at bank and in hand: 832,586 660,152
Investments:   347,243 0
Total current assets: 3,161,991 3,154,590
Creditors: amounts falling due within one year:   (103,312) (87,297)
Net current assets (liabilities): 3,058,679 3,067,293
Total assets less current liabilities: 3,058,679 3,067,293
Total net assets (liabilities): 3,058,679 3,067,293
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 3,057,679 3,066,293
Shareholders funds: 3,058,679 3,067,293

The notes form part of these financial statements

NIALL MCMAHON LIMITED

Balance sheet statements

For the year ending 31 January 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 27 September 2024
and signed on behalf of the board by:

Name: Niall Norman ThomasMcMahon
Status: Director

The notes form part of these financial statements

NIALL MCMAHON LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 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

NIALL MCMAHON LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

NIALL MCMAHON LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Related party transactions

Name of the related party: Niall Norman Thomas McMahon
Relationship:
Director
Description of the Transaction: Monies due to Niall Norman Thomas McMahon.
£
Balance at 01 February 2023 1,590
Balance at 31 January 2024 36,374
Name of the related party: Niall Norman Thomas McMahon
Relationship:
Shareholder
Description of the Transaction: Dividend
£
Balance at 01 February 2023 25,000
Balance at 31 January 2024 120,000
Name of the related party: Mrs Carole Jean McMahon
Relationship:
Shareholder
Description of the Transaction: Dividend
£
Balance at 01 February 2023 25,000
Balance at 31 January 2024 120,000
Name of the related party: Thomas Barnaby McMahon
Relationship:
Shareholder
Description of the Transaction: Dividend
£
Balance at 01 February 2023 15,000
Balance at 31 January 2024 25,000
Name of the related party: Ms Emily McMahon
Relationship:
Shareholder
Description of the Transaction: Dividend
£
Balance at 01 February 2023 15,000
Balance at 31 January 2024 25,000