RICHARD P MCGREEVY & SON LTD

Company Registration Number:
NI601504 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

RICHARD P MCGREEVY & SON LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

RICHARD P MCGREEVY & SON LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 159,327 166,864
Total fixed assets: 159,327 166,864
Current assets
Stocks: 15,500 15,500
Debtors:   172,010 277,035
Cash at bank and in hand: 85,563 34,968
Total current assets: 273,073 327,503
Creditors: amounts falling due within one year:   (233,674) (204,955)
Net current assets (liabilities): 39,399 122,548
Total assets less current liabilities: 198,726 289,412
Creditors: amounts falling due after more than one year:   (35,439) 0
Total net assets (liabilities): 163,287 289,412
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 163,187 289,312
Shareholders funds: 163,287 289,412

The notes form part of these financial statements

RICHARD P MCGREEVY & SON LTD

Balance sheet statements

For the year ending 31 December 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 07 April 2025
and signed on behalf of the board by:

Name: Richard McGreevy
Status: Director

The notes form part of these financial statements

RICHARD P MCGREEVY & SON LTD

Notes to the Financial Statements

for the Period Ended 31 December 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

RICHARD P MCGREEVY & SON LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 12 21

RICHARD P MCGREEVY & SON LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 302,635
Additions 36,636
Disposals (5,788)
At 31 December 2024 333,483
Depreciation
At 01 January 2024 135,771
Charge for year 39,543
On disposals (1,158)
At 31 December 2024 174,156
Net book value
At 31 December 2024 159,327
At 31 December 2023 166,864

RICHARD P MCGREEVY & SON LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Related party transactions

Name of the related party: R & E McGreevy Properties Limited
Relationship:
Associated company
Description of the Transaction: There were no additional transactions in this year.
£
Balance at 01 January 2024 33,137
Balance at 31 December 2024 33,137
Name of the related party: Ballysugagh Limited
Relationship:
Associated company
Description of the Transaction: There were no additional transactions in this year.
£
Balance at 01 January 2024 125,000
Balance at 31 December 2024 125,000

Prior to the start of the financial year R & E McGreevy Properties Limited borrowed money from Richard P McGreevy & Son Limited to fund the capital expenditure of the company. Richard McGreevy is a director and shareholder in both companies. The balance outstanding to Richard P McGreevy & Son Limited at 31st December 2024 is £33,137. Richard McGreevy is also a director and shareholder in Ballysugagh Limited. Prior to the start of the financial year Ballysugagh Limitied borrowed £125,000 from Richard P McGreevy & Son Limited, the outstanding balance at 31st December 2024 is £125,000.