MCGAHAN ENGINEERING LTD

Company Registration Number:
NI652665 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

MCGAHAN ENGINEERING LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

MCGAHAN ENGINEERING LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 266,280 279,945
Total fixed assets: 266,280 279,945
Current assets
Stocks: 133,900 131,525
Debtors:   127,538 83,719
Cash at bank and in hand: 100,790 148,159
Total current assets: 362,228 363,403
Creditors: amounts falling due within one year:   (181,214) (182,368)
Net current assets (liabilities): 181,014 181,035
Total assets less current liabilities: 447,294 460,980
Creditors: amounts falling due after more than one year:   (66,779) (85,803)
Total net assets (liabilities): 380,515 375,177
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 380,505 375,167
Shareholders funds: 380,515 375,177

The notes form part of these financial statements

MCGAHAN ENGINEERING LTD

Balance sheet statements

For the year ending 31 March 2025 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 15 September 2025
and signed on behalf of the board by:

Name: Bernard McGahan
Status: Director

The notes form part of these financial statements

MCGAHAN ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MCGAHAN ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 10 8

MCGAHAN ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 411,647
Additions 34,283
At 31 March 2025 445,930
Depreciation
At 01 April 2024 131,702
Charge for year 47,948
At 31 March 2025 179,650
Net book value
At 31 March 2025 266,280
At 31 March 2024 279,945