MCKEE FARMSHEDS LIMITED

Company Registration Number:
NI626242 (Northern Ireland)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

MCKEE FARMSHEDS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

MCKEE FARMSHEDS LIMITED

Company Information

for the Period Ended 31 August 2024




Director: Stewart McKee
Secretary: Mrs Mary McKee
Registered office: 22
Lisnamulligan Road
Hilltown
Newry
County Down
BT34 5YH
Company Registration Number: NI626242 (Northern Ireland)

MCKEE FARMSHEDS LIMITED

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 155,132 355,481
Total fixed assets: 155,132 355,481
Current assets
Stocks: 0 20,000
Debtors: 5 61,732 237,255
Cash at bank and in hand: 300,141 213,033
Total current assets: 361,873 470,288
Creditors: amounts falling due within one year: 6 ( 237,235 ) ( 526,952 )
Net current assets (liabilities): 124,638 ( 56,664 )
Total assets less current liabilities: 279,770 298,817
Total net assets (liabilities): 279,770 298,817

The notes form part of these financial statements

MCKEE FARMSHEDS LIMITED

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 30,001 30,001
Profit and loss account: 249,769 268,816
Shareholders funds: 279,770 298,817

For the year ending 31 August 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 May 2025
And Signed On Behalf Of The Board By:

Name: Stewart McKee
Status: Director

The notes form part of these financial statements

MCKEE FARMSHEDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover, which excludes value added tax, represents the invoiced value of services supplied.

    Tangible fixed assets depreciation policy

    The tangible assets are amortised to the profit and loss account on a straight line basis over the expected useful life of the asset.

    Lorry 25%
    Motor Vehicles 25%
    Plant & Machinery 25%

MCKEE FARMSHEDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 4

MCKEE FARMSHEDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

MCKEE FARMSHEDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Plant & machinery Motor vehicles Total
Cost £ £ £
At 01 September 2023 85,063 541,220 626,283
Additions 5,550 43,127 48,677
Disposals ( 74,213 ) ( 190,970 ) ( 265,183 )
Revaluations - - -
Transfers - - -
At 31 August 2024 16,400 393,377 409,777
Depreciation
At 01 September 2023 47,956 222,846 270,802
Charge for year 1,387 90,345 91,732
On disposals ( 37,106 ) ( 70,783 ) ( 107,889 )
Other adjustments - - -
At 31 August 2024 12,237 242,408 254,645
Net book value
At 31 August 2024 4,163 150,969 155,132
At 31 August 2023 37,107 318,374 355,481

MCKEE FARMSHEDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors


2024
£

2023
£
Trade debtors 59,718 64,302
Other debtors 2,014 172,953
Total 61,732 237,255

MCKEE FARMSHEDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Amounts due under finance leases and hire purchase contracts 103,978 296,568
Trade creditors 5,332 0
Taxation and social security 42,979 38,554
Accruals and deferred income 21,750 1,750
Other creditors 63,196 190,080
Total 237,235 526,952