Malmac Construction Ltd - Filleted accounts

Registered number

NI622921

Malmac Construction Ltd

Filleted Accounts

31 July 2025

Malmac Construction Ltd
Registered number:		NI622921
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		298,530			282,534
Investments	4		113,520			113,520
			412,050			396,054

Current assets
Stocks & wip		1,070,290			203,647
Debtors	5	3,443,051			1,278,653
Cash at bank and in hand		5,508,939			5,209,997
		10,022,280			6,692,297

Creditors: amounts falling due within one year	6	(3,800,344)			(1,777,262)

Net current assets			6,221,936			4,915,035

Total assets less current liabilities			6,633,986			5,311,089


Provisions for liabilities			(57,572)			(82,270)

Net assets			6,576,414			5,228,819

Capital and reserves
Called up share capital			2			2
Profit and loss account			6,576,412			5,228,817

Shareholders' funds			6,576,414			5,228,819

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.



Chris Mackin
Director
Approved by the board on 10 February 2026

Malmac Construction Ltd
Notes to the Accounts
for the year ended 31 July 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	30% straight line
	Fixtures, fittings, tools and equipment	30% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			16		12


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 August 2024	174,058		303,944		478,002
	Additions	74,945		166,798		241,743
	Disposals	-		(95,490)		(95,490)
	At 31 July 2025	249,003		375,252		624,255

	Depreciation
	At 1 August 2024	81,103		114,365		195,468
	Charge for the year	53,989		112,576		166,565
	On disposals	-		(36,308)		(36,308)
	At 31 July 2025	135,092		190,633		325,725

	Net book value
	At 31 July 2025	113,911		184,619		298,530
	At 31 July 2024	92,955		189,579		282,534


4	Investments

Other
investments
£
	Cost
	At 1 August 2024					113,520

	At 31 July 2025					113,520


5	Debtors			2025		2024
£					£

	Trade debtors			3,042,544		19,633
	Other debtors			400,507		1,259,020
				3,443,051		1,278,653


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

	Bank loans and overdrafts			9,903		19,862
	Trade creditors			3,012,355		840,452
	Taxation and social security costs			354,529		616,040
	Other creditors			423,557		300,908
				3,800,344		1,777,262


7	Other information

	Malmac Construction Ltd is a private company limited by shares and incorporated in Northern Ireland. Its registered office is:
	14 Drumcrow Road
	Glenanne
	Armagh
	BT60 2JQ