MCGEE FARM MACHINERY (NI) LIMITED

Company Registration Number:
NI651481 (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

MCGEE FARM MACHINERY (NI) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

MCGEE FARM MACHINERY (NI) LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 304,554 99
Total fixed assets: 304,554 99
Current assets
Stocks: 1,029,043 736,867
Debtors:   224,133 512,622
Cash at bank and in hand: 192,520 85,026
Total current assets: 1,445,696 1,334,515
Creditors: amounts falling due within one year:   (1,147,803) (1,201,834)
Net current assets (liabilities): 297,893 132,681
Total assets less current liabilities: 602,447 132,780
Creditors: amounts falling due after more than one year:   (199,632) (34,828)
Total net assets (liabilities): 402,815 97,952
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 402,814 97,951
Shareholders funds: 402,815 97,952

The notes form part of these financial statements

MCGEE FARM MACHINERY (NI) 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 20 December 2024
and signed on behalf of the board by:

Name: Kevin McGee
Status: Director

The notes form part of these financial statements

MCGEE FARM MACHINERY (NI) 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

MCGEE FARM MACHINERY (NI) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

MCGEE FARM MACHINERY (NI) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 507
Additions 380,693
At 31 March 2024 381,200
Depreciation
At 01 April 2023 408
Charge for year 76,238
At 31 March 2024 76,646
Net book value
At 31 March 2024 304,554
At 31 March 2023 99