ALLISTER MOORE WELDING & ENGINEERING SUPPLIES LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: NI040751

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		25,488		27,986

			25,488		27,986
CURRENT ASSETS
Stocks	6	77,650		77,650
Debtors	7	910,654		1,302,059
Cash at bank and in hand		129,358		233,976

		1,117,662		1,613,685
Creditors: Amounts Falling Due Within One Year	8	(969,375 )		(1,387,305 )

NET CURRENT ASSETS (LIABILITIES)			148,287		226,380

TOTAL ASSETS LESS CURRENT LIABILITIES			173,775		254,366

NET ASSETS			173,775		254,366

CAPITAL AND RESERVES
Called up share capital	9		147		147
Profit and Loss Account			173,628		254,219

SHAREHOLDERS' FUNDS			173,775		254,366

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ALLISTER MOORE WELDING & ENGINEERING SUPPLIES LTD

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Allister Moore Director	Mr Andrew Hyslop Director
15/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

ALLISTER MOORE WELDING & ENGINEERING SUPPLIES LTD is a private company, limited by shares, incorporated in Northern Ireland, registered number NI040751 . The registered office is Unit 4 McKinney Industrial Estate, 58 Mallusk Road, Newtownabbey, Antrim, BT7 1HE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	2% straight line
Plant & Machinery	20% straight line
Motor Vehicles	25% straight line
Fixtures & Fittings	20% straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Sales, marketing and distribution	11	14

	11	14

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ALLISTER MOORE WELDING & ENGINEERING SUPPLIES LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	133,333

As at 31 December 2024	133,333

Amortisation
As at 1 January 2024	133,333

As at 31 December 2024	133,333

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 January 2024	25,000	117,923	10,931	27,908	181,762
Disposals	-	-	(10,930 )	-	(10,930 )

As at 31 December 2024	25,000	117,923	1	27,908	170,832

Depreciation
As at 1 January 2024	1,000	113,947	10,920	27,909	153,776
Provided during the period	500	1,988	-	-	2,488
Disposals	-	-	(10,920 )	-	(10,920 )

As at 31 December 2024	1,500	115,935	-	27,909	145,344

Net Book Value
As at 31 December 2024	23,500	1,988	1	(1 )	25,488

As at 1 January 2024	24,000	3,976	11	(1 )	27,986

6. Stocks

	2024	2023
	£	£
Stock	77,650	77,650

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	870,658	1,249,359
Other debtors	39,996	-
VAT	-	52,700

	910,654	1,302,059

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ALLISTER MOORE WELDING & ENGINEERING SUPPLIES LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	462,092	739,430
Bank loans and overdrafts	381,472	573,215
Corporation tax	70,639	47,403
Other taxes and social security	8,114	10,431
VAT	43,002	-
Accruals and deferred income	4,056	16,826

	969,375	1,387,305

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	147	147

10. Dividends

	2024	2023
	£	£
On equity shares:
Final dividend paid	290,021	188,261

11. Ultimate Controlling Party

The company's ultimate controlling party are the directors by virtue of their ownership of 75% of the issued share capital in the company.

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