S MCAREAVEY & SONS LIMITED

Company Registration Number:
NI058353 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

S MCAREAVEY & SONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

S MCAREAVEY & SONS LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 5,497 6,141
Tangible assets: 4 183,912 176,584
Total fixed assets: 189,409 182,725
Current assets
Stocks: 11,525 49,921
Debtors:   56,785 3,402
Cash at bank and in hand: 214,444 223,912
Total current assets: 282,754 277,235
Creditors: amounts falling due within one year:   (242,312) (266,893)
Net current assets (liabilities): 40,442 10,342
Total assets less current liabilities: 229,851 193,067
Creditors: amounts falling due after more than one year:   (58,924) (45,989)
Total net assets (liabilities): 170,927 147,078
Capital and reserves
Called up share capital: 102 102
Profit and loss account: 170,825 146,976
Shareholders funds: 170,927 147,078

The notes form part of these financial statements

S MCAREAVEY & SONS LIMITED

Balance sheet statements

For the year ending 31 May 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 22 February 2025
and signed on behalf of the board by:

Name: John McAreavey
Status: Director

The notes form part of these financial statements

S MCAREAVEY & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 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

S MCAREAVEY & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

S MCAREAVEY & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Intangible Assets

Total
Cost £
At 01 June 2023 12,870
At 31 May 2024 12,870
Amortisation
At 01 June 2023 6,729
Charge for year 644
At 31 May 2024 7,373
Net book value
At 31 May 2024 5,497
At 31 May 2023 6,141

S MCAREAVEY & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 284,667
Additions 58,950
Disposals (60,500)
At 31 May 2024 283,117
Depreciation
At 01 June 2023 108,083
Charge for year 28,625
On disposals (37,503)
At 31 May 2024 99,205
Net book value
At 31 May 2024 183,912
At 31 May 2023 176,584