M & M MCDAID LIMITED

Company Registration Number:
NI037221 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

M & M MCDAID LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

M & M MCDAID LIMITED

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,956,801 1,688,950
Investments:   0 0
Total fixed assets: 1,956,801 1,688,950
Current assets
Stocks: 288,766 335,313
Debtors:   2,497,746 2,151,949
Cash at bank and in hand: 101,422 321,415
Investments:     0
Total current assets: 2,887,934 2,808,677
Creditors: amounts falling due within one year:   (373,519) (343,102)
Net current assets (liabilities): 2,514,415 2,465,575
Total assets less current liabilities: 4,471,216 4,154,525
Creditors: amounts falling due after more than one year:   (4,058,459) (3,602,626)
Provision for liabilities: 0 0
Total net assets (liabilities): 412,757 551,899
Capital and reserves
Called up share capital: 100 100
Share premium account: 511,844 511,844
Profit and loss account: (99,187) 39,955
Shareholders funds: 412,757 551,899

The notes form part of these financial statements

M & M MCDAID LIMITED

Balance sheet statements

For the year ending 31 October 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 11 July 2025
and signed on behalf of the board by:

Name: Michael McDaid
Status: Director

The notes form part of these financial statements

M & M MCDAID LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 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

M & M MCDAID LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 24 24

M & M MCDAID LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible Assets

Total
Cost £
At 01 November 2023 1,992,689
Additions 290,093
At 31 October 2024 2,282,782
Depreciation
At 01 November 2023 303,739
Charge for year 22,242
At 31 October 2024 325,981
Net book value
At 31 October 2024 1,956,801
At 31 October 2023 1,688,950

M & M MCDAID LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Loans to directors

Name of director receiving advance or credit: Michael McDaid
Description of the loan: Personal bank payments and receipts
£
Balance at 01 November 2023 9,181
Advances or credits made: 471,304
Advances or credits repaid: 131,491
Balance at 31 October 2024 348,994
Name of director receiving advance or credit: Martin McDaid
Description of the loan: Personal bank payments and receipts
£
Balance at 01 November 2023 0
Advances or credits made: 5,133
Advances or credits repaid: 4,197
Balance at 31 October 2024 936