MICHAEL MCELROY LIMITED

Company Registration Number:
NI053338 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2026

Period of accounts

Start date: 01 April 2025

End date: 31 March 2026

MICHAEL MCELROY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2026

Balance sheet
Notes

MICHAEL MCELROY LIMITED

Balance sheet

As at 31 March 2026


Notes
2026
2025


£
£
Fixed assets
Intangible assets: 3 25,590 29,661
Tangible assets: 4 248,473 265,333
Total fixed assets: 274,063 294,994
Current assets
Stocks: 79,982 68,775
Cash at bank and in hand: 6,783 6,680
Total current assets: 86,765 75,455
Creditors: amounts falling due within one year:   (183,251) (188,953)
Net current assets (liabilities): (96,486) (113,498)
Total assets less current liabilities: 177,577 181,496
Creditors: amounts falling due after more than one year:   (123,808) (134,018)
Total net assets (liabilities): 53,769 47,478
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 53,469 47,178
Shareholders funds: 53,769 47,478

The notes form part of these financial statements

MICHAEL MCELROY LIMITED

Balance sheet statements

For the year ending 31 March 2026 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 10 August 2026
and signed on behalf of the board by:

Name: Conor McElroy
Status: Director

The notes form part of these financial statements

MICHAEL MCELROY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

1. Accounting policies

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

MICHAEL MCELROY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

2. Employees

2026 2025
Average number of employees during the period 50 50

MICHAEL MCELROY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Intangible Assets

Total
Cost £
At 01 April 2025 81,434
At 31 March 2026 81,434
Amortisation
At 01 April 2025 51,773
Charge for year 4,071
At 31 March 2026 55,844
Net book value
At 31 March 2026 25,590
At 31 March 2025 29,661

MICHAEL MCELROY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Tangible Assets

Total
Cost £
At 01 April 2025 866,076
Additions 1,482
At 31 March 2026 867,558
Depreciation
At 01 April 2025 600,743
Charge for year 18,342
At 31 March 2026 619,085
Net book value
At 31 March 2026 248,473
At 31 March 2025 265,333

MICHAEL MCELROY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

5. Related party transactions

Name of the related party:
Relationship:
a member of key management personnel
Description of the Transaction: At the year end the company had loans amounting to £29,071 from members of key management personnel. (£13,377 at 31/03/2025) There is no repayment date for this loan and interest is not currently being charged.
£
Balance at 01 April 2025 13,377
Balance at 31 March 2026 29,071