1 November 2022 false No description of principal activity Taxfiler 2024.6 true NI061314business:PrivateLimitedCompanyLtd2022-11-012024-03-31 NI0613142022-10-31 NI0613142022-11-012024-03-31 NI061314business:AuditExemptWithAccountantsReport2022-11-012024-03-31 NI061314business:FilletedAccounts2022-11-012024-03-31 NI0613142024-03-31 NI0613142022-10-31 NI061314core:WithinOneYear2024-03-31 NI061314core:WithinOneYear2022-10-31 NI061314core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 NI061314core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 NI061314core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 NI061314core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 NI061314core:PreviouslyStatedAmount2024-03-31 NI061314core:PreviouslyStatedAmount2022-10-31 NI061314business:SmallEntities2022-11-012024-03-31 NI061314business:Director12022-11-012024-03-31 NI061314countries:NorthernIreland2022-11-012024-03-31 NI061314business:RegisteredOffice2022-11-012024-03-31 NI0613142021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. NI061314 (Northern Ireland)
Stephen J. McDonald Limited Unaudited accounts for the period from 1 November 2022 to 31 March 2024
Stephen J. McDonald Limited Statement of financial position as at 31 March 2024
2024 
2022 
Notes
£ 
£ 
Current assets
Debtors
2,000 
- 
Cash at bank and in hand
110,460 
39,343 
112,460 
39,343 
Creditors: amounts falling due within one year
(111,661)
(77,949)
Net current assets/(liabilities)
799 
(38,606)
Net assets/(liabilities)
799 
(38,606)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
797 
(38,608)
Shareholders' funds
799 
(38,606)
For the period ending 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 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 26 November 2024 and were signed on its behalf by
Stephen McDonald Director Company Registration No. NI061314
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Stephen J. McDonald Limited Notes to the Accounts for the period from 1 November 2022 to 31 March 2024
1
Statutory information
Stephen J. McDonald Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI061314. The registered office is 12 Woodcroft Brae, Ballymena, Co. Antrim, BT42 1FY.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of quantity surveying services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Going concern
Having reviewed the resources available the directors believe that the company has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in the preparation of its financial statements.
4
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,000 
- 
5
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Bank loans and overdrafts
17,087 
23,860 
VAT
6,401 
5,765 
Taxes and social security
21,887 
- 
Other creditors
780 
- 
Loans from directors
29,606 
23,324 
Accruals
35,900 
25,000 
111,661 
77,949 
6
Average number of employees
During the period the average number of employees was 1 (2022: 1).
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