Meenmossagh Utilities Ltd - Filleted accounts

Registered number

NI645569

Meenmossagh Utilities Ltd

Filleted Accounts

31 March 2025

Meenmossagh Utilities Ltd
Registered number:		NI645569
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	520,496			445,791
Cash at bank and in hand		44,469			6,616
		564,965			452,407

Creditors: amounts falling due within one year	4	(51,668)			(43,922)

Net current assets			513,297			408,485

Total assets less current liabilities			513,297			408,485

Creditors: amounts falling due after more than one year	5		(17,382)			(15,962)



Net assets			495,915			392,523

Capital and reserves
Called up share capital			100			100
Profit and loss account			495,815			392,423

Shareholder's funds			495,915			392,523

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Aidan McLaughlin
Director
Approved by the board on 17 December 2025

Meenmossagh Utilities Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	-		-


3	Debtors	2025		2024
£			£

	Trade debtors	5,753		5,278
	Other debtors	514,743		440,513
		520,496		445,791


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	14,371		6,687
	Taxation and social security costs	37,297		37,235
		51,668		43,922


5	Creditors: amounts falling due after one year	2025		2024
£			£

	Other creditors	17,382		15,962


6	Other information

	Meenmossagh Utilities Ltd is a private company limited by shares and incorporated in Northern Ireland. Its registered office is:
	38 Gortin Road
	Omagh
	Co Tyrone
	BT79 7HX