MICON DISTRIBUTION LIMITED

Company Registration Number:
NI044285 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

MICON DISTRIBUTION LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

MICON DISTRIBUTION LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 201,381 179,777
Investments: 4 12,283 10,730
Total fixed assets: 213,664 190,507
Current assets
Stocks: 2,445,733 3,089,357
Debtors:   862,848 752,228
Cash at bank and in hand: 589,864 481,514
Total current assets: 3,898,445 4,323,099
Creditors: amounts falling due within one year:   (348,590) (806,731)
Net current assets (liabilities): 3,549,855 3,516,368
Total assets less current liabilities: 3,763,519 3,706,875
Provision for liabilities: (43,728) (43,728)
Total net assets (liabilities): 3,719,791 3,663,147
Capital and reserves
Called up share capital: 16,468 16,468
Share premium account: 388,533 388,533
Other reserves: 167,382 167,382
Profit and loss account: 3,147,408 3,090,764
Shareholders funds: 3,719,791 3,663,147

The notes form part of these financial statements

MICON DISTRIBUTION LIMITED

Balance sheet statements

For the year ending 31 December 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 25 August 2025
and signed on behalf of the board by:

Name: Michael Farnan
Status: Director

The notes form part of these financial statements

MICON DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

MICON DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 31 31

MICON DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 1,197,920
Additions 61,695
At 31 December 2024 1,259,615
Depreciation
At 01 January 2024 1,018,143
Charge for year 40,091
At 31 December 2024 1,058,234
Net book value
At 31 December 2024 201,381
At 31 December 2023 179,777

MICON DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Fixed investments are stated at cost