REGISTERED NUMBER: NI018134 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Mccoubrey (S.j. Mckay) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Magee

Mrs F Magee

REGISTERED OFFICE:

154 Cavehill Road

Belfast

BT15 5EX

REGISTERED NUMBER:

NI018134 (Northern Ireland)

ACCOUNTANTS:

M.B.McGrady & Co

Chartered Accountants

Suite 2B

Cadogan House

322 Lisburn Road

Belfast

Co. Antrim

BT9 6GH

FIXED ASSETS

Tangible assets

4

95,755

84,239

CURRENT ASSETS

Stocks

52,382

68,200

Debtors

5

177,470

161,976

Cash at bank and in hand

103,859

93,121

333,711

323,297

CREDITORS

Amounts falling due within one year

6

304,333

278,843

NET CURRENT ASSETS

29,378

44,454

TOTAL ASSETS LESS CURRENT LIABILITIES

125,133

128,693

CREDITORS

Amounts falling due after more than one year

7

-

(5,820

)

PROVISIONS FOR LIABILITIES

(1,630

)

(1,630

)

NET ASSETS

123,503

121,243

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

123,501

121,241

123,503

121,243

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2025 and were signed on its behalf by:

J Magee - Director

1.	STATUTORY INFORMATION

Mccoubrey (S.j. Mckay) Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and Buildings - 2% Straight line

Plant and Machinery - 10% Reducing Balance and 25% Reducing Balance

Computer Equipment - 25% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2024

148,830

59,281

208,111

Additions

-

21,167

21,167

At 31 January 2025

148,830

80,448

229,278

DEPRECIATION

At 1 February 2024

75,156

48,716

123,872

Charge for year

2,977

6,674

9,651

At 31 January 2025

78,133

55,390

133,523

NET BOOK VALUE

At 31 January 2025

70,697

25,058

95,755

At 31 January 2024

73,674

10,565

84,239

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/25

31/1/24

£

£

Trade debtors

150,037

128,273

Amounts owed by group undertakings

-

3,558

Other debtors

27,433

30,145

177,470

161,976

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/25

31/1/24

£

£

Trade creditors

209,402

169,699

Amounts owed to group undertakings

23,968

-

Taxation and social security

68,863

70,249

Other creditors

2,100

38,895

304,333

278,843

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/25

31/1/24

£

£

Other creditors

-

5,820