MALONE RIDGE LIMITED

Company Registration Number:
NI604984 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

MALONE RIDGE LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

MALONE RIDGE LIMITED

Balance sheet

As at 30 November 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 190,030 149,197
Total fixed assets: 190,030 149,197
Current assets
Stocks: 1,612,923 2,000,955
Debtors:   262,238 360,564
Cash at bank and in hand: 395,899 204,916
Total current assets: 2,271,060 2,566,435
Creditors: amounts falling due within one year: 4 (783,256) (969,557)
Net current assets (liabilities): 1,487,804 1,596,878
Total assets less current liabilities: 1,677,834 1,746,075
Creditors: amounts falling due after more than one year: 5 (107,110) (78,482)
Total net assets (liabilities): 1,570,724 1,667,593
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,570,723 1,667,592
Shareholders funds: 1,570,724 1,667,593

The notes form part of these financial statements

MALONE RIDGE LIMITED

Balance sheet statements

For the year ending 30 November 2024 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 2024

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 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

MALONE RIDGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible Assets

Total
Cost £
At 01 December 2023 264,869
Additions 91,614
Disposals (25,788)
At 30 November 2024 330,695
Depreciation
At 01 December 2023 115,672
Charge for year 40,218
On disposals (15,225)
At 30 November 2024 140,665
Net book value
At 30 November 2024 190,030
At 30 November 2023 149,197

MALONE RIDGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due within one year note

Obligations under finance lease and hire purchase contracts £13,311 (2023: £9,134) Trade Creditors £221,550 (2023 £432,837) Taxation and social security £548395 (2023 £527586).

MALONE RIDGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due after more than one year note

Obligations under finance lease and hire purchase contracts £107,110 (2023: £78,482)

MALONE RIDGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Loans to directors

Name of director receiving advance or credit: Dervla O'Hare
Description of the loan: Monies were withdrawn over the course of the year and repayments from own funds
£
Balance at 01 December 2023 260,322
Advances or credits repaid: 99,011
Balance at 30 November 2024 161,311

MALONE RIDGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

7. Related party transactions

Thomas O'Hare is the husband of Dervla O'Hare, company director. Thomas is the architect and provides architectural management services to Malone Ridge Ltd.