MCHARE LIMITED

Company Registration Number:
NI010327 (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

MCHARE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

MCHARE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,145,448 1,198,560
Total fixed assets: 1,145,448 1,198,560
Current assets
Stocks: 29,090 40,807
Debtors:   549,794 472,128
Cash at bank and in hand: 412,791 388,169
Total current assets: 991,675 901,104
Creditors: amounts falling due within one year:   (282,813) (254,230)
Net current assets (liabilities): 708,862 646,874
Total assets less current liabilities: 1,854,310 1,845,434
Creditors: amounts falling due after more than one year:   (91,749) (141,526)
Total net assets (liabilities): 1,762,561 1,703,908
Capital and reserves
Called up share capital: 40,003 40,003
Profit and loss account: 1,722,558 1,663,905
Shareholders funds: 1,762,561 1,703,908

The notes form part of these financial statements

MCHARE 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 February 2025
and signed on behalf of the board by:

Name: Jack O'Hare
Status: Director

The notes form part of these financial statements

MCHARE 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

MCHARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 32 39

MCHARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 3,757,910
Additions 16,426
At 31 March 2024 3,774,336
Depreciation
At 01 April 2023 2,559,350
Charge for year 69,538
At 31 March 2024 2,628,888
Net book value
At 31 March 2024 1,145,448
At 31 March 2023 1,198,560