D MAGEE & SONS LTD

Company Registration Number:
NI071302 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

D MAGEE & SONS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

D MAGEE & SONS LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 65,000 75,000
Tangible assets: 4 344,860 309,413
Total fixed assets: 409,860 384,413
Current assets
Stocks: 22,500 20,000
Debtors:   141,667 276,747
Cash at bank and in hand: 555,154 235,306
Total current assets: 719,321 532,053
Creditors: amounts falling due within one year:   (519,859) (367,136)
Net current assets (liabilities): 199,462 164,917
Total assets less current liabilities: 609,322 549,330
Creditors: amounts falling due after more than one year:   (122,899) (121,654)
Total net assets (liabilities): 486,423 427,676
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 485,423 426,676
Shareholders funds: 486,423 427,676

The notes form part of these financial statements

D MAGEE & SONS LTD

Balance sheet statements

For the year ending 30 April 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 30 January 2025
and signed on behalf of the board by:

Name: Shaun Magee
Status: Director

The notes form part of these financial statements

D MAGEE & SONS LTD

Notes to the Financial Statements

for the Period Ended 30 April 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

D MAGEE & SONS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 22 18

D MAGEE & SONS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 200,000
At 30 April 2024 200,000
Amortisation
At 01 May 2023 125,000
Charge for year 10,000
At 30 April 2024 135,000
Net book value
At 30 April 2024 65,000
At 30 April 2023 75,000

D MAGEE & SONS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 668,421
Additions 120,911
Disposals (59,000)
At 30 April 2024 730,332
Depreciation
At 01 May 2023 359,008
Charge for year 52,994
On disposals (26,530)
At 30 April 2024 385,472
Net book value
At 30 April 2024 344,860
At 30 April 2023 309,413