REGISTERED NUMBER: NI048365 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Mcguinness Fleck Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S McGuinness

REGISTERED OFFICE:

7 Pattons Lane

Holywood

Co. Down

BT18 9FX

REGISTERED NUMBER:

NI048365 (Northern Ireland)

ACCOUNTANTS:

M.B.McGrady & Co

Chartered Accountants

Suite 2B

Cadogan House

322 Lisburn Road

Belfast

Co. Antrim

BT9 6GH

FIXED ASSETS

Tangible assets

4

69,302

38,519

CURRENT ASSETS

Debtors

5

178,882

226,098

Cash at bank and in hand

23,609

46,472

202,491

272,570

CREDITORS

Amounts falling due within one year

6

144,698

148,470

NET CURRENT ASSETS

57,793

124,100

TOTAL ASSETS LESS CURRENT LIABILITIES

127,095

162,619

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

127,093

162,617

SHAREHOLDERS' FUNDS

127,095

162,619

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2026 and were signed by:

S McGuinness - Director

1.	STATUTORY INFORMATION

Mcguinness Fleck Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

4% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

Plant and

and

property

property

machinery

fittings

Totals

£

£

£

£

£

COST

At 1 November 2024

22,910

19,667

51,095

89,305

182,977

Additions

-

34,881

-

1,115

35,996

At 31 October 2025

22,910

54,548

51,095

90,420

218,973

DEPRECIATION

At 1 November 2024

3,666

2,229

50,693

87,870

144,458

Charge for year

916

2,181

402

1,714

5,213

At 31 October 2025

4,582

4,410

51,095

89,584

149,671

NET BOOK VALUE

At 31 October 2025

18,328

50,138

-

836

69,302

At 31 October 2024

19,244

17,438

402

1,435

38,519

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

103,625

131,439

Amounts owed by group undertakings

71,112

64,271

Other debtors

4,145

30,388

178,882

226,098

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade creditors

31,162

978

Amounts owed to group undertakings

69,161

69,161

Taxation and social security

42,390

76,597

Other creditors

1,985

1,734

144,698

148,470

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Eight7 Holdings Ltd.