REGISTERED NUMBER: NI653070 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Mullyleggan Group Utilities Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr T F McGleenan

REGISTERED OFFICE:

73 Blackwatertown Road

Dungannon

Co. Tyrone

BT71 7LR

REGISTERED NUMBER:

NI653070 (Northern Ireland)

ACCOUNTANTS:

JBC Accountants Limited

Chartered Accountants

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

CURRENT ASSETS

Debtors

5

22,125

22,897

Cash at bank

16

36

22,141

22,933

CREDITORS

Amounts falling due within one year

6

11,748

12,581

NET CURRENT ASSETS

10,393

10,352

TOTAL ASSETS LESS CURRENT LIABILITIES

10,393

10,352

CREDITORS

Amounts falling due after more than one year

7

16,842

16,205

NET LIABILITIES

(6,449

)

(5,853

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(6,549

)

(5,953

)

(6,449

)

(5,853

)

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

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

The director acknowledges his 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 Profit and Loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 February 2026 and were signed by:

Mr T F McGleenan - Director

1.	STATUTORY INFORMATION

Mullyleggan Group Utilities 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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

and 31 May 2025

1,290

DEPRECIATION

At 1 June 2024

and 31 May 2025

1,290

NET BOOK VALUE

At 31 May 2025

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Other debtors

22,125

22,897

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Bank loans and overdrafts

4,979

4,979

Trade creditors

394

56

Taxation and social security

6,075

7,246

Other creditors

300

300

11,748

12,581

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/5/25

31/5/24

£

£

Bank loans

16,842

16,205

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

31/5/25

31/5/24

£

£

Mr T F McGleenan

Balance outstanding at start of year

22,897

23,402

Amounts advanced

510

515

Amounts repaid

(1,282

)

(1,020

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

22,125

22,897

Interest has been charged on the above loan at 2.25%.