MCCONNELL KELLY & CO SOLICITORS LIMITED

Company Registration Number:
NI616402 (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

MCCONNELL KELLY & CO SOLICITORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

MCCONNELL KELLY & CO SOLICITORS LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 11,437 5,898
Total fixed assets: 11,437 5,898
Current assets
Stocks: 488,031 604,365
Debtors:   910,379 973,514
Cash at bank and in hand: 315,291 312,918
Total current assets: 1,713,701 1,890,797
Creditors: amounts falling due within one year: 4 (702,574) (824,993)
Net current assets (liabilities): 1,011,127 1,065,804
Total assets less current liabilities: 1,022,564 1,071,702
Provision for liabilities:   (1,474)
Total net assets (liabilities): 1,022,564 1,070,228
Capital and reserves
Called up share capital: 145 200
Other reserves: 55
Profit and loss account: 1,022,364 1,070,028
Shareholders funds: 1,022,564 1,070,228

The notes form part of these financial statements

MCCONNELL KELLY & CO SOLICITORS LIMITED

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 17 November 2025
and signed on behalf of the board by:

Name: Mr J Burke
Status: Director

The notes form part of these financial statements

MCCONNELL KELLY & CO SOLICITORS LIMITED

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

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fixtures & Fittings 20% straight line

MCCONNELL KELLY & CO SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 21 19

MCCONNELL KELLY & CO SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 62,827
Additions 8,889
At 31 March 2025 71,716
Depreciation
At 01 April 2024 56,929
Charge for year 3,350
At 31 March 2025 60,279
Net book value
At 31 March 2025 11,437
At 31 March 2024 5,898

MCCONNELL KELLY & CO SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

AIB Group (UK) P.L.C. hold a fixed and floating charge over the undertaking of the company and all its property.

MCCONNELL KELLY & CO SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Loans to directors

Mr J Burke Interest free loan repayable on demand B/fwd 64,181 Repaid (82,678) C/fwd (18,497) Mr M Austin Interest free loan repayable on demand B/fwd 112,575 Repaid (13,886) C/fwd 98,689 Mr P McNickle Interest free loan repayable on demand B/fwd 22,381 Repaid (93,192) C/fwd (70,811)