Company registration number:
NI646848
BM Enterprises (Magherafelt) Ltd
Trading as
The Step Inn Bar
Unaudited filleted financial statements
30 September 2024
BM Enterprises (Magherafelt) Ltd
Contents
Directors and other information
Accountant's report
Statement of financial position and notes to the financial statements
BM Enterprises (Magherafelt) Ltd
Directors and other information
|
|
|
|
Director |
Mr Brendan Masterson |
|
|
|
|
|
|
|
Company number |
NI646848 |
|
|
|
|
|
|
|
Registered office |
11 Meadowlands |
|
|
Ballymena Road |
|
|
Antrim |
|
|
Co Antrim |
|
|
BT41 4EU |
|
|
|
|
|
|
|
Business address |
The Step Inn |
|
|
24 Rainey St |
|
|
Magherafelt |
|
|
BT45 5AG |
|
|
|
|
|
|
|
Accountant |
DJJ Bradley & Co |
|
|
25 High Street |
|
|
Moneymore |
|
|
Magherafelt |
|
|
BT45 7PA |
|
|
|
BM Enterprises (Magherafelt) Ltd
Report to the director on the preparation of the
unaudited statutory financial statements of BM Enterprises (Magherafelt) Ltd
Year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of BM Enterprises (Magherafelt) Ltd for the year ended 30 September 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.
As a practising member of Chartered Accountants Ireland , I am subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the director of BM Enterprises (Magherafelt) Ltd, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of BM Enterprises (Magherafelt) Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than BM Enterprises (Magherafelt) Ltd and its director as a body for my work or for this report.
It is your duty to ensure that BM Enterprises (Magherafelt) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BM Enterprises (Magherafelt) Ltd. You consider that BM Enterprises (Magherafelt) Ltd is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of BM Enterprises (Magherafelt) Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
DJJ Bradley & Co
Chartered Accountants
25 High Street
Moneymore
Magherafelt
BT45 7PA
9 September 2025
BM Enterprises (Magherafelt) Ltd
Statement of financial position
30 September 2024
|
|
|
2024 |
|
2023 |
|
|
|
|
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
1,376 |
|
1,874 |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
78,884 |
|
63,598 |
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
(
16,674) |
|
(
23,258) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
Net current assets |
|
|
62,210 |
|
40,340 |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
63,586 |
|
42,214 |
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
|
(
60,461) |
|
(
39,962) |
|
|
|
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
(
2,000) |
|
(
2,000) |
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
_______ |
|
|
|
Net assets |
|
|
1,125 |
|
252 |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
1,125 |
|
252 |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
BM Enterprises (Magherafelt) Ltd
Year ended 30 September 2024
Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2023:
1
).
2.
Directors advances, credits and guarantees
|
During the year the director entered into the following advances and credits with the company: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2024 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
|
|
|
|
|
£ |
£ |
£ |
|
|
|
|
Mr Brendan Masterson |
(
27,452) |
(
27,629) |
(
55,081) |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
|
|
|
|
|
|
|
2023 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
|
|
|
|
|
£ |
£ |
£ |
|
|
|
|
Mr Brendan Masterson |
8,115 |
(
35,567) |
(
27,452) |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
|
|
|
|
|
|
Mr Brendan Masterson
is a company director and has a direct interest in 100% of the company's equity share capital. The balance owed to Mr Brendan Masterson
on the director's loan account at 30 September 2024 was £55,081. No interest has been charged on this outstanding amount.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
09 September 2025
, and are signed on behalf of the board by:
Mr Brendan Masterson
Director
Company registration number:
NI646848
The company is a private company limited by shares, registered in Northern Ireland.