Registered number
03470142
McGuinness Insulation Limited
Unaudited Filleted Accounts
31 May 2024
McGuinness Insulation Limited
Registered number: 03470142
Balance Sheet
as at 31 May 2024
2024 2023
£ £
Fixed assets 54,832 63,910
Current assets 212,142 149,554
Prepayments and accrued income 335 2,523
212,477 152,077
Creditors: amounts falling due within one year (95,455) (58,702)
Net current assets 117,022 93,375
Total assets less current liabilities 171,854 157,285
Creditors: amounts falling due after more than one year (13,122) (27,436)
Accruals and deferred income (2,260) (2,876)
Net assets 156,472 126,973
Capital and reserves 156,472 126,973
Number Number
Average number of employees 4 4
At the balance sheet date there was a balance due from M McGuinness, director, of £66,427 (2023 - £58,169). The loan was interest free, repayable on demand and unsecured.
The company is a private company limited by shares and incorporated in England. Its registered office is Kinnair & Company, Aston House, Redburn Road, Newcastle Upon Tyne, Tyne & Wear, NE5 1NB .
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M McGuinness
Director
Approved by the board on 14 February 2025
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