M.L. QUINN CONSTRUCTION LIMITED

Company Registration Number:
NI021483 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

M.L. QUINN CONSTRUCTION LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

M.L. QUINN CONSTRUCTION LIMITED

Balance sheet

As at 30 November 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 441,153 304,433
Total fixed assets: 441,153 304,433
Current assets
Stocks: 365,220 1,255,646
Debtors:   1,844,077 1,550,557
Cash at bank and in hand: 1,702,393 1,133,258
Investments:   0 0
Total current assets: 3,911,690 3,939,461
Creditors: amounts falling due within one year: 4 (1,745,670) (2,124,393)
Net current assets (liabilities): 2,166,020 1,815,068
Total assets less current liabilities: 2,607,173 2,119,501
Creditors: amounts falling due after more than one year: 5 (193,836) (186,251)
Provision for liabilities: 0 0
Total net assets (liabilities): 2,413,337 1,933,250
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 2,403,337 1,923,250
Shareholders funds: 2,413,337 1,933,250

The notes form part of these financial statements

M.L. QUINN CONSTRUCTION LIMITED

Balance sheet statements

For the year ending 30 November 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 03 June 2025
and signed on behalf of the board by:

Name: Laurence Quinn
Status: Director

The notes form part of these financial statements

M.L. QUINN CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 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.L. QUINN CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 28 31

M.L. QUINN CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible Assets

Total
Cost £
At 01 December 2023 1,183,554
Additions 192,009
Disposals 0
Revaluations 0
Transfers 0
At 30 November 2024 1,375,563
Depreciation
At 01 December 2023 879,121
Charge for year 55,289
On disposals 0
Other adjustments 0
At 30 November 2024 934,410
Net book value
At 30 November 2024 441,153
At 30 November 2023 304,433

M.L. QUINN CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts - £15,359 Trade Creditors - £1,479,728 Amounts owned to group undertakings and undertakings in which the company has a participating interest - (£8,721) Corporation Tax - £162,370 Social Security and other taxes - £38,553 Other creditors - £58,381 Total - £1,745,670

M.L. QUINN CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts - £14,152 Other creditors - £82,044 Total - £96,196

M.L. QUINN CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Loans to directors

Name of director receiving advance or credit: Laurence Quinn
Description of the loan: Laurence Quinn owes £38,126 to company.
£
Balance at 01 December 2023 28,174
Advances or credits made: 10,000
Advances or credits repaid: 48
Balance at 30 November 2024 38,126
Name of director receiving advance or credit: Caolan Quinn
Description of the loan: Caolan Quinn owes £43,221 back to the company.
£
Balance at 01 December 2023 20,221
Advances or credits made: 23,000
Advances or credits repaid: 0
Balance at 30 November 2024 43,221
Name of director receiving advance or credit: Fearghus Quinn
Description of the loan: Fearghus Quinn owes £5,000 back to the company.
£
Balance at 01 December 2023 5,000
Advances or credits made: 0
Advances or credits repaid: 0
Balance at 30 November 2024 5,000

M.L. QUINN CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

7. Related party transactions

Name of the related party: ML Quinn Construction (ROI) Limited
Relationship:
Subsidiary of ML Quinn Construction Ltd
Description of the Transaction: Building works completed by the parent company for ML Quinn Construction (ROI) Ltd.
£
Balance at 01 December 2023 363,303
Balance at 30 November 2024 120,123
Name of the related party: Prime Leisure Limited
Relationship:
Subsidiary of ML Quinn Construction Ltd
Description of the Transaction: Building works completed by the parent company.
£
Balance at 01 December 2023 16,737
Balance at 30 November 2024 16,737
Name of the related party: CRL Quinn Health Limited
Relationship:
Common directors of both companies
Description of the Transaction: Building works completed by parent company.
£
Balance at 01 December 2023 534,014
Balance at 30 November 2024 549,202
Name of the related party: MLQ Construction Ltd
Relationship:
Subsidiary of ML Quinn Construction Ltd
Description of the Transaction: Building works completed for the parent company.
£
Balance at 01 December 2023 25,924
Balance at 30 November 2024 8,720