2024-05-01 NI068979 2025-04-30 NI068979 2024-05-01 2025-04-30 NI068979 2024-04-30 NI068979 2023-05-01 2024-04-30 NI068979 uk-core:WithinOneYear 2024-04-30 NI068979 uk-core:WithinOneYear 2025-04-30 NI068979 uk-core:AfterOneYear 2024-04-30 NI068979 uk-core:AfterOneYear 2025-04-30 NI068979 uk-core:ShareCapital 2025-04-30 NI068979 uk-core:ShareCapital 2024-04-30 NI068979 uk-core:RetainedEarningsAccumulatedLosses 2025-04-30 NI068979 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 NI068979 uk-bus:Director1 2024-05-01 2025-04-30 NI068979 uk-core:PlantMachinery 2024-05-01 2025-04-30 NI068979 uk-core:OfficeEquipment 2024-05-01 2025-04-30 NI068979 uk-core:Vehicles 2024-05-01 2025-04-30 NI068979 uk-core:FurnitureFittings 2024-05-01 2025-04-30 NI068979 uk-core:OfficeEquipment 2024-04-30 NI068979 uk-core:FurnitureFittings 2024-04-30 NI068979 uk-core:Vehicles 2024-04-30 NI068979 uk-core:PlantMachinery 2024-04-30 NI068979 uk-core:Vehicles 2025-04-30 NI068979 uk-core:FurnitureFittings 2025-04-30 NI068979 uk-core:OfficeEquipment 2025-04-30 NI068979 uk-core:PlantMachinery 2025-04-30 NI068979 uk-core:WithinOneYear 2025-04-30 NI068979 uk-core:WithinOneYear 2024-04-30 NI068979 uk-core:AfterOneYear uk-core:Secured 2025-04-30 NI068979 uk-core:AfterOneYear uk-core:Secured 2024-04-30 iso4217:GBP xbrli:pure NI068979 uk-bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 NI068979 uk-bus:FRS102 2024-05-01 2025-04-30 NI068979 uk-bus:FilletedAccounts 2024-05-01 2025-04-30 NI068979 uk-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30
Markethill Sand & Gravel Limited
Registered Number:NI068979
For the year ended 30 April 2025
Northern Ireland
Unaudited Financial Statements
2
For the year ended 30 April 2025
Markethill Sand & Gravel Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
NI068979
As at 30 April 2025
Markethill Sand & Gravel Limited
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
19,230
22,863
2
19,230
22,863
Current assets
Inventories
1,492
1,602
3
Trade and other receivables
7,098
12,063
4
13,029
Cash and cash equivalents
1,477
15,142
21,619
Trade and other payables: amounts falling due within one
year
(25,404)
(25,192)
5
(3,785)
(10,050)
Net current liabilities
Total assets less current liabilities
9,180
19,078
Trade and other payables: amounts falling due after more
than one year
(13,943)
(1,789)
6
(3,504)
(4,161)
Provisions for liabilities
3,887
Net assets
974
Capital and reserves
Called up share capital
2
2
Retained earnings
3,885
972
3,887
974
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
NI068979
For the year ended 30 April 2025
Markethill Sand & Gravel Limited
Statement of Financial Position Continued
Heather Hill Director
These financial statements were approved and authorised for issue by the Board on 13 August 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 30 April 2025
Markethill Sand & Gravel Limited
Notes to the Financial Statements
Statutory Information
Markethill Sand & Gravel Limited is a private limited company, limited by shares, domiciled in Northern Ireland,
registration number NI068979.
Registered address:
12 Drumatee Road
Markethill
Armagh
BT60 1QE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Reducing balance
25% Reducing balance
Computer Equipment
20% Reducing balance
Trailers
15% Reducing balance
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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6
For the year ended 30 April 2025
Markethill Sand & Gravel Limited
Notes to the Financial Statements Continued
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Trailers
Plant and
Machinery
£
£
£
£
£
Cost or
valuation
At 01 May 2024
85,570
688
7,496
45,871
31,515
At 30 April 2025
45,871
7,496
688
85,570
31,515
Provision for depreciation and impairment
At 01 May 2024
62,707
557
5,567
28,871
27,712
Charge for year
3,633
33
289
2,550
761
At 30 April 2025
66,340
590
5,856
31,421
28,473
At 30 April 2025
Net book value
3,042
14,450
1,640
98
19,230
At 30 April 2024
3,803
17,000
1,929
131
22,863
3. Inventories
2024
2025
£
£
Stocks
1,602
1,492
4. Trade and other receivables
2024
2025
£
£
Trade debtors
10,806
2,828
Other debtors
1,257
4,270
7,098
12,063
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7
For the year ended 30 April 2025
Markethill Sand & Gravel Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Bank loans and overdraft
6,389
722
Trade creditors
1,468
1,509
Taxation and social security
2,748
645
Other creditors
14,587
22,528
25,192
25,404
6. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Bank loans and overdraft
1,789
13,943
7. Average number of persons employed
During the year the average number of employees was 1 (2024 : 1)
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