2024-01-01 NI684504 2024-12-31 NI684504 2024-01-01 2024-12-31 NI684504 2023-12-31 NI684504 2023-01-01 2023-12-31 NI684504 uk-core:WithinOneYear 2023-12-31 NI684504 uk-core:WithinOneYear 2024-12-31 NI684504 uk-core:ShareCapital 2024-12-31 NI684504 uk-core:ShareCapital 2023-12-31 NI684504 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI684504 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI684504 uk-bus:Director1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure NI684504 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 NI684504 uk-bus:FRS102 2024-01-01 2024-12-31 NI684504 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 NI684504 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Mac Motors Trade Sales Ltd
Registered Number:NI684504
For the year ended 31 December 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 December 2024
Mac Motors Trade Sales Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI684504
As at 31 December 2024
Mac Motors Trade Sales Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
Inventories
74,345
150,672
2
Trade and other receivables
342
107
3
1,694
Cash and cash equivalents
10,899
161,678
76,381
Trade and other payables: amounts falling due within one
year
(71,374)
(147,331)
4
5,007
14,347
Net current assets
Total assets less current liabilities
14,347
5,007
14,347
Net assets
5,007
Capital and reserves
Called up share capital
1
1
Retained earnings
14,346
5,006
14,347
5,007
Shareholders' funds
For the year ended 31 December 2024 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Cormac Mackle Director
These financial statements were approved and authorised for issue by the Board on 01 May 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2024
Mac Motors Trade Sales Ltd
Notes to the Financial Statements
Statutory Information
Mac Motors Trade Sales Ltd is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI684504.
Registered address:
14 Trumpher Road
Coalisland
Tyrone
BT71 4PL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Inventories
2023
2024
£
£
Stocks
150,672
74,345
3. Trade and other receivables
2023
2024
£
£
Other debtors
107
342
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
2,191
1,125
Other creditors
145,140
70,249
147,331
71,374
2 of 3
5
For the year ended 31 December 2024
Mac Motors Trade Sales Ltd
Notes to the Financial Statements Continued
5. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
3 of 3