Company Registration No. NI637430 (Northern Ireland)
JMG Plant (Belfast) Ltd
Unaudited accounts
for the year ended 31 March 2025
JMG Plant (Belfast) Ltd
Unaudited accounts
Contents
JMG Plant (Belfast) Ltd
Company Information
for the year ended 31 March 2025
Company Number
NI637430 (Northern Ireland)
Registered Office
102 EGLANTINE AVENUE
BELFAST
BT9 6EU
NORTHERN IRELAND
JMG Plant (Belfast) Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
181,169
168,511
Cash at bank and in hand
83,689
165,985
Creditors: amounts falling due within one year
(162,977)
(143,780)
Net current (liabilities)/assets
(22,226)
47,301
Total assets less current liabilities
158,943
215,812
Creditors: amounts falling due after more than one year
(51,346)
(116,089)
Called up share capital
1
1
Profit and loss account
107,596
99,722
Shareholders' funds
107,597
99,723
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 April 2025 and were signed on its behalf by
Mr James McGill
Director
Company Registration No. NI637430
JMG Plant (Belfast) Ltd
Notes to the Accounts
for the year ended 31 March 2025
JMG Plant (Belfast) Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI637430. The registered office is 102 EGLANTINE AVENUE, BELFAST, BT9 6EU, NORTHERN IRELAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
264,894
20,000
549
285,443
Additions
105,933
39,033
-
144,966
Disposals
(172,709)
-
-
(172,709)
At 31 March 2025
198,118
59,033
549
257,700
At 1 April 2024
101,489
15,084
359
116,932
Charge for the year
19,812
5,903
55
25,770
On disposals
(66,171)
-
-
(66,171)
At 31 March 2025
55,130
20,987
414
76,531
At 31 March 2025
142,988
38,046
135
181,169
At 31 March 2024
163,405
4,916
190
168,511
JMG Plant (Belfast) Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Other debtors
19,774
25,096
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,560
-
Obligations under finance leases and hire purchase contracts
18,573
-
Taxes and social security
-
12,375
Proposed dividends
-
17,580
Other creditors
92,000
15,000
Loans from directors
41,844
98,825
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
33,883
62,258
Loans from directors
-
19,920
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).