Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 NI045351 Mr Martin Neeson Mr Niall Magee Mrs Fionnuala Neeson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI045351 2024-03-31 NI045351 2025-03-31 NI045351 2024-04-01 2025-03-31 NI045351 frs-core:Non-currentFinancialInstruments 2025-03-31 NI045351 frs-core:ComputerEquipment 2024-04-01 2025-03-31 NI045351 frs-core:MotorVehicles 2024-04-01 2025-03-31 NI045351 frs-core:PlantMachinery 2024-04-01 2025-03-31 NI045351 frs-core:ShareCapital 2025-03-31 NI045351 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI045351 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI045351 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 NI045351 frs-bus:SmallEntities 2024-04-01 2025-03-31 NI045351 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI045351 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI045351 frs-bus:Director1 2024-04-01 2025-03-31 NI045351 frs-bus:Director2 2024-04-01 2025-03-31 NI045351 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 NI045351 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NI045351 2023-03-31 NI045351 2024-03-31 NI045351 2023-04-01 2024-03-31 NI045351 frs-core:Non-currentFinancialInstruments 2024-03-31 NI045351 frs-core:ShareCapital 2024-03-31 NI045351 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: NI045351
M & N Contracts Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
J.A.McNicholl & Company Ltd
M & N Contracts Limited
Contents
Contents

| Page
--- | ---
Abridged Statement of Financial Position | 1—2
Notes to the Abridged Financial Statements | 3—4

Page 1
M & N Contracts Limited
Abridged Statement of Financial Position
As At 31 March 2025
Abridged Statement of Financial Position
Registered number: NI045351

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 58,346 |  | 51,262
|  |  | 58,346 |  | 51,262
CURRENT ASSETS
Stocks |  | 20,337 |  | 24,563 |
Debtors |  | 3,927 |  | 57,890 |
Cash at bank and in hand |  | 118,325 |  | 86,566 |
|  | 142,589 |  | 169,019 |
Creditors: Amounts Falling Due Within One Year |  | (72,771 ) |  | (72,074 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 69,818 |  | 96,945
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 128,164 |  | 148,207
Creditors: Amounts Falling Due After More Than One Year |  |  | (7,139 ) |  | (5,806 )
NET ASSETS |  |  | 121,025 |  | 142,401
CAPITAL AND RESERVES
Called up share capital | 5 |  | 300 |  | 300
Income Statement |  |  | 120,725 |  | 142,101
SHAREHOLDERS' FUNDS |  |  | 121,025 |  | 142,401

Page 1
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M & N Contracts Limited
Abridged Statement of Financial Position (continued)
As At 31 March 2025
For the year ending 31 March 2025 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 Income Statement.
All of the company's members have consented to the preparation of an Abridged Statement of Financial Position for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr Martin Neeson Director
02/09/2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
M & N Contracts Limited
Notes to the Abridged Financial Statements
For The Year Ended 31 March 2025
Notes to the Abridged Financial Statements
1. General Information
M & N Contracts Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI045351 . The registered office is 18 Market Road, Ballymena, Co Antrim, BT43 6EL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Plant & Machinery | 20%
Motor Vehicles | 20%
Computer Equipment | 20%

2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 6)
3 6
4. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 April 2024 | 137,229
Additions | 21,670
As at 31 March 2025 | 158,899

...CONTINUED
Page 3
Page 4
M & N Contracts Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024 | 85,967
Provided during the period | 14,586
As at 31 March 2025 | 100,553
Net Book Value
As at 31 March 2025 | 58,346
As at 1 April 2024 | 51,262

5. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 300 |  | 300

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