Matthew Lough & Sons (N.I) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: NI603082

MATTHEW LOUGH & SONS (N.I) LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2024

MATTHEW LOUGH & SONS (N.I) LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2024

	2024		2023
Note	£	£	£	£

CURRENT ASSETS

Debtors	4	182		182

CREDITORS: amounts falling due within one year	5	550		550
		----		----
NET CURRENT LIABILITIES			368		368
			----		----
TOTAL ASSETS LESS CURRENT LIABILITIES			( 368)		( 368)
			----		----
NET LIABILITIES			( 368)		( 368)
			----		----

CAPITAL AND RESERVES

Called up share capital fully paid	100	100
Profit and loss account	( 468)	( 468)
	----	----
SHAREHOLDERS DEFICIT	( 368)	( 368)
	----	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

The company did not trade during the year and has not made either a profit or loss.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 September 2025 , and are signed on behalf of the board by:

Mr M Lough

Director

Company registration number: NI603082

MATTHEW LOUGH & SONS (N.I) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in Ireland. The address of the registered office is Quaker Buildings, High Street, Lurgan, Co Armagh, BT66 8BB.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income statement

The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year.

4. DEBTORS

	2024	2023
	£	£
Other debtors	182	182
	----	----

5. CREDITORS: amounts falling due within one year

	2024	2023
	£	£
Other creditors	550	550
	----	----

6. RELATED PARTY TRANSACTIONS

The company has availed of the exemption contained under FRS 102 'Related Party Transactions' from the requirements to disclose transactions with wholly owned subsidiaries of the same group.

7. CONTROLLING PARTY

The ultimate parent and controlling party is Matthew Lough & Sons Limited a company incorporated in the Republic of Ireland. The directors of the company are also directors of Matthew Lough & Sons Limited.