Maurice Walsh & Co Steel Fabrication Ltd iXBRL

Company Registration Number: NI675106

Maurice Walsh & Co Steel Fabrication Ltd

Director's Report and Unaudited Financial Statements

for the financial year ended 30 September 2025

Maurice Walsh & Co Steel Fabrication Ltd

DIRECTOR AND OTHER INFORMATION


Director	Mr. Attila Csordas


Company Registration Number	NI675106


Registered Office	16 Mount Charles
	Belfast
	BT7 1NZ


Business Address	2 Village Green
	Doagh
	BT39 0UD


Accountants	Muldoon & Co Chartered Accountants & Registered Au
	16 Mount Charles
	Belfast
	BT7 1NZ

Maurice Walsh & Co Steel Fabrication Ltd

DIRECTOR'S REPORT

for the financial year ended 30 September 2025

The director presents his report and the unaudited financial statements for the financial year ended 30 September 2025.

Director

The director who served during the financial year is as follows:

Mr. Attila Csordas

Statement of Director's Responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mr. Attila Csordas

Director

30 January 2026

Maurice Walsh & Co Steel Fabrication Ltd

Company Registration Number: NI675106

BALANCE SHEET

as at 30 September 2025

		2025	2024
	Notes	£	£

Fixed Assets

Investments

1,712,259

1,712,259

─────────

Current Assets

Debtors

42,733

59,975

Creditors: amounts falling due within one year

(2,750)

(6,107)

─────────

Net Current Assets

39,983

53,868

─────────

Total Assets less Current Liabilities

1,752,242

1,766,127

═════════

Capital and Reserves

Called up share capital

Retained earnings

1,752,232

1,766,117

─────────

Equity attributable to owners of the company

1,752,242

1,766,127

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account.

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 30 January 2026




________________________________
Mr. Attila Csordas
Director

Maurice Walsh & Co Steel Fabrication Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 30 September 2025

General Information

Maurice Walsh & Co Steel Fabrication Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI675106. The registered office of the company is 16 Mount Charles, Belfast, BT7 1NZ. The principal activity of the company is activities of other holding companies not elsewhere classified. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 30 September 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Consolidated accounts

The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.

Investments

Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including director, during the financial year was

2025

2024

Number

Number

Employee

═════════


4.	Investments
		Group and	Total
		participating
		interests/
		joint ventures
	Investments	£	£
	Cost

	At 30 September 2025	1,712,259	1,712,259
		─────────	─────────
	Net book value
	At 30 September 2025	1,712,259	1,712,259
		═════════	═════════
	At 30 September 2024	1,712,259	1,712,259
		═════════	═════════


5.	Debtors	2025	2024
		£	£

	Other debtors	-	4,107
	Director's current account (Note 9)	42,733	55,868
		─────────	─────────
		42,733	59,975
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Taxation (Note 7)	-	4,107
	Other creditors	2,000	1,250
	Accruals	750	750
		─────────	─────────
		2,750	6,107
		═════════	═════════


7.	Taxation	2025	2024
		£	£

	Creditors:
	Corporation tax	-	4,107
		═════════	═════════

Related party transactions

No transactions with group companies other than dividends received from Maurice Walsh & Co Limited, a 100% subsidiary of the company.

Director's advances, credits and guarantees

During the financial year, the company made a loan to a director amounting to £42,733 (£55,868 in 2024) with interest at the rate of 2.25% per annum.