MALONE RIDGE LIMITED

Company Registration Number:
NI604984 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 November 2022

Period of accounts

Start date: 01 December 2021

End date: 30 November 2022

MALONE RIDGE LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2022

Balance sheet
Notes

MALONE RIDGE LIMITED

Balance sheet

As at 30 November 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 184,765 71,406
Total fixed assets: 184,765 71,406
Current assets
Stocks: 1,165,441 1,156,111
Debtors:   205,453 101,122
Cash at bank and in hand: 1,443,994 651,903
Total current assets: 2,814,888 1,909,136
Creditors: amounts falling due within one year: 4 (1,103,551) (761,725)
Net current assets (liabilities): 1,711,337 1,147,411
Total assets less current liabilities: 1,896,102 1,218,817
Total net assets (liabilities): 1,896,102 1,218,817
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,896,101 1,218,816
Shareholders funds: 1,896,102 1,218,817

The notes form part of these financial statements

MALONE RIDGE LIMITED

Balance sheet statements

For the year ending 30 November 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 September 2026
and signed on behalf of the board by:

Name: Dervla O'Hare
Status: Director

The notes form part of these financial statements

MALONE RIDGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value of each asset over its expected useful life on both plant and machinery over its expected at 20 per cent reducing balance method.

MALONE RIDGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2022

2. Employees

2022 2021
Average number of employees during the period 1 1

MALONE RIDGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2022

3. Tangible Assets

Total
Cost £
At 01 December 2021 134,383
Additions 128,755
At 30 November 2022 263,138
Depreciation
At 01 December 2021 62,977
Charge for year 15,396
At 30 November 2022 78,373
Net book value
At 30 November 2022 184,765
At 30 November 2021 71,406

MALONE RIDGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2022

4. Creditors: amounts falling due within one year note

Obligations under finance lease and hire purchase contracts £96,750 (2021: £0) Trade Creditors £525,292 (2021 £471,363) Taxation and social security £481,509 (2021 £265850) and Other creditors £0 (2021 (£24,512)

MALONE RIDGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2022

5. Loans to directors

Name of director receiving advance or credit: Dervla O'Hare
Description of the loan: Moneys were withdrawn as needed.
£
Balance at 01 December 2021 0
Advances or credits made: 104,735
Balance at 30 November 2022 104,735