Company Registration No. NI668444 (Northern Ireland)
McCullough Logistics Limited
Unaudited accounts
for the year ended 31 March 2025
McCullough Logistics Limited
Unaudited accounts
Contents
McCullough Logistics Limited
Company Information
for the year ended 31 March 2025
Director
Ashley McCullough
Secretary
Ashley David McCullough
Company Number
NI668444 (Northern Ireland)
Registered Office
77 THE OAKS
RANDALSTOWN
ANTRIM
BT41 3NE
NORTHERN IRELAND
Accountants
TAG Accountants (N.I.) Ltd
81a Galgorm Road
Ballymena
Co Antrim
BT42 1AA
McCullough Logistics Limited
Statement of financial position
as at 31 March 2025
Tangible assets
247,945
212,131
Cash at bank and in hand
42,813
48
Creditors: amounts falling due within one year
(229,287)
(212,530)
Net current liabilities
(54,806)
(42,074)
Total assets less current liabilities
193,139
170,057
Provisions for liabilities
Deferred tax
(47,110)
(40,305)
Net assets
146,029
129,752
Called up share capital
100
100
Profit and loss account
145,929
129,652
Shareholders' funds
146,029
129,752
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 25 June 2025 and were signed on its behalf by
Ashley McCullough
Director
Company Registration No. NI668444
McCullough Logistics Limited
Notes to the Accounts
for the year ended 31 March 2025
McCullough Logistics Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI668444. The registered office is 77 THE OAKS, RANDALSTOWN, ANTRIM, BT41 3NE, 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:
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Charge for the year
61,986
McCullough Logistics Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
104,600
143,340
Other debtors
27,068
27,068
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
28,691
Obligations under finance leases and hire purchase contracts
99,398
109,486
Trade creditors
37,936
21,459
Taxes and social security
17,422
9,228
Loans from directors
53,211
27,649
7
Average number of employees
During the year the average number of employees was 6 (2024: 10).