BrightAccountsProduction v1.0.0 v1.0.0 2023-10-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is activities of other holding companies not elsewhere classified. 16 June 2025 1 1 NI675106 2024-09-30 NI675106 2023-09-30 NI675106 2022-09-30 NI675106 2023-10-01 2024-09-30 NI675106 2022-10-01 2023-09-30 NI675106 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 NI675106 uk-curr:PoundSterling 2023-10-01 2024-09-30 NI675106 uk-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 NI675106 uk-bus:FullAccounts 2023-10-01 2024-09-30 NI675106 uk-bus:Director1 2023-10-01 2024-09-30 NI675106 uk-bus:RegisteredOffice 2023-10-01 2024-09-30 NI675106 uk-bus:Agent1 2023-10-01 2024-09-30 NI675106 uk-core:ShareCapital 2024-09-30 NI675106 uk-core:ShareCapital 2023-09-30 NI675106 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 NI675106 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 NI675106 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-09-30 NI675106 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-09-30 NI675106 uk-bus:FRS102 2023-10-01 2024-09-30 NI675106 uk-core:CostValuation 2024-09-30 NI675106 uk-core:CurrentFinancialInstruments 2024-09-30 NI675106 uk-core:CurrentFinancialInstruments 2023-09-30 NI675106 uk-core:WithinOneYear 2024-09-30 NI675106 uk-core:WithinOneYear 2023-09-30 NI675106 2023-10-01 2024-09-30 NI675106 uk-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI675106
 
 
Maurice Walsh & Co Steel Fabrication Ltd
 
Director's Report and Unaudited Financial Statements
 
for the financial year ended 30 September 2024
Maurice Walsh & Co Steel Fabrication Ltd
DIRECTOR AND OTHER INFORMATION

 
Director Mr. Attila Csordas
 
 
Company Registration Number NI675106
 
 
Registered Office 16 Mount Charles
Belfast
BT7 1NZ
 
 
Business Address 2 Village Green
Doagh
BT39 0UD
 
 
Accountants Muldoon
16 Mount Charles
Belfast
BT7 1NZ
Northern Ireland



Maurice Walsh & Co Steel Fabrication Ltd
DIRECTOR'S REPORT
for the financial year ended 30 September 2024

 
The director presents his report and the unaudited financial statements for the financial year ended 30 September 2024.
     
Director
The director who served during the financial year is as follows:
     
Mr. Attila Csordas
   
     
Statement of Director's Responsibilities
     
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
     
___________________________
Mr. Attila Csordas
Director
     
16 June 2025



Maurice Walsh & Co Steel Fabrication Ltd
Company Registration Number: NI675106
BALANCE SHEET
as at 30 September 2024

2024 2023
Notes £ £
 
Fixed Assets
Investments 4 1,712,259 1,712,259
───────── ─────────
 
Current Assets
Debtors 5 59,975 18,123
Creditors: amounts falling due within one year 6 (6,107) (81,250)
───────── ─────────
Net Current Assets/(Liabilities) 53,868 (63,127)
───────── ─────────
Total Assets less Current Liabilities 1,766,127 1,649,132
═════════ ═════════
 
Capital and Reserves
Called up share capital 10 10
Retained earnings 1,766,117 1,649,122
───────── ─────────
Equity attributable to owners of the company 1,766,127 1,649,132
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account.
           
For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms 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 director acknowledges his 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.
           
Approved by the Director and authorised for issue on 16 June 2025
           
           
           
________________________________          
Mr. Attila Csordas          
Director          
           



Maurice Walsh & Co Steel Fabrication Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 September 2024

   
1. General Information
 
Maurice Walsh & Co Steel Fabrication Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI675106. The registered office of the company is 16 Mount Charles, Belfast, BT7 1NZ. The principal activity of the company is activities of other holding companies not elsewhere classified. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 September 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Consolidated accounts
The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was
 
  2024 2023
  Number Number
 
Employee 1 1
  ═════════ ═════════
       
4. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 30 September 2024 1,712,259 1,712,259
  ───────── ─────────
Net book value
At 30 September 2024 1,712,259 1,712,259
  ═════════ ═════════
At 30 September 2023 1,712,259 1,712,259
  ═════════ ═════════
       
5. Debtors 2024 2023
  £ £
 
Other debtors 4,107 -
Director's current account (Note 9) 55,868 18,123
  ───────── ─────────
  59,975 18,123
  ═════════ ═════════
       
6. Creditors 2024 2023
Amounts falling due within one year £ £
 
Taxation  (Note 7) 4,107 -
Other creditors 1,250 80,500
Accruals 750 750
  ───────── ─────────
  6,107 81,250
  ═════════ ═════════
       
7. Taxation 2024 2023
  £ £
 
Creditors:
Corporation tax 4,107 -
  ═════════ ═════════
           
8. Related party transactions
 
Transaction with group companies include a transaction with  Maurice Walsh & Co Limited, a 100% subsidiary of the company. At the period ended 30 September 2023 the balance was nil.
   
9. Director's advances, credits and guarantees
 
During the financial year, the company made a loan to a director amounting to £37,745 (£18,123 in 2023) with interest at the rate of 2% per annum.