BrightAccountsProduction v1.0.0 v1.0.0 2023-03-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts FRS 105 Accounts The principal activity of the company is to operate as a bureau de change. 26 February 2025 3 3 NI633702 2024-02-29 NI633702 2023-02-28 NI633702 2022-02-28 NI633702 2023-03-01 2024-02-29 NI633702 2022-03-01 2023-02-28 NI633702 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 NI633702 uk-curr:PoundSterling 2023-03-01 2024-02-29 NI633702 uk-bus:AbridgedAccounts 2023-03-01 2024-02-29 NI633702 uk-core:CapitalReserve 2024-02-29 NI633702 uk-core:CapitalReserve 2023-02-28 NI633702 2023-03-01 2024-02-29 NI633702 uk-bus:Director1 2023-03-01 2024-02-29 NI633702 uk-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 NI633702 uk-bus:Micro-entities 2023-03-01 2024-02-29 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
Money Exchange Newry Ltd
 
Unaudited Financial Statements
 
for the financial year ended 29 February 2024



Money Exchange Newry Ltd
Company Registration Number: NI633702
BALANCE SHEET
as at 29 February 2024

    2024   2023
  £   £
 
Fixed Assets 192   292
  ─────────   ─────────
Current assets 159,199   131,116
Creditors: amounts falling due within one year (36,043)   (24,518)
  ─────────   ─────────
Net Current Assets 123,156   106,598
  ─────────   ─────────
Total Assets less Current Liabilities 123,348   106,890
Creditors: amounts falling due after more than one year (24,990)   (32,087)
Accruals and deferred income (6,192)   (6,096)
  ─────────   ─────────
Net Assets 92,166   68,707
  ═════════   ═════════
 
Capital and Reserves 92,166   68,707
  ═════════   ═════════
 
Notes to the Financial statements
   
1. General Information
 
Money Exchange Newry Ltd is a private company limited by shares incorporated in Northern Ireland. 261 Dublin Road, Newry, Co. Down, BT35 8RL, Northern Ireland is the registered office, which is also the principal place of business of the company . The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company. The company registration number is NI633702.

These financial statements cover the individual entity for the year ended 29 February 2024.
   
2. Financial commitments and guarantees
 
The company operates a defined contribution pension scheme for the benefit of its employees. The funds are held and managed seperately from the company. At the balance sheet date, the company had outstanding contributions of £192 due to the fund (2023: £97). This amount is included in creditors: amounts falling due within one year.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was;
 
  2024 2023
  Number Number
 
Employees 3 3
  ═════════ ═════════
     
For the financial year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
 
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
 
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
 
These financial statements have been prepared in accordance with the provisions available to micro-entities in Part 15 of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
 
The company has taken advantage of the exemption under section 444 not to file the Directors' Report, Abridged Profit and Loss Account.
 
Approved by the Board on 26 February 2025 and signed on its behalf by:
 
   
________________________________  
Mr. Eugene Hanratty Jnr.  
Director