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Financial Statements
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Contents
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Page
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Statement of financial position
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1
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Notes to the financial statements
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3
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Statement of Financial Position
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2018
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2017
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Note
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£
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£
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£
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Intangible assets
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5
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–
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Tangible assets
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6
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Stocks
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Debtors
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7
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Cash at bank and in hand
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Creditors: amounts falling due within one year
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8
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Net current liabilities
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Total assets less current liabilities
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(
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Creditors: amounts falling due after more than one year
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9
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Taxation including deferred tax
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Net assets/(liabilities)
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(
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Called up share capital
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11
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Profit and loss account
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(
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(
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Shareholders funds/(deficit)
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(
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Statement of Financial Position (continued)
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Director
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Notes to the Financial Statements
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Goodwill
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-
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Leasehold property
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-
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25%-33% straight line
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Plant & machinery
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-
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10%-33.33% straight line
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Motor vehicles
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-
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33.33% straight line
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Equipment
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-
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Goodwill
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£
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Cost
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At 1st January 2018 and 31st December 2018
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--------
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Amortisation
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At 1st January 2018
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Charge for the year
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Impairment losses
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28,000
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--------
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At 31st December 2018
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--------
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Carrying amount
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At 31st December 2018
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–
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--------
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At 31st December 2017
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--------
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Leasehold property
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Plant and machinery
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Motor vehicles
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Equipment
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Total
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£
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£
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£
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£
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£
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Cost
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At 1st January 2018
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–
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Additions
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Disposals
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–
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(
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–
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–
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(
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---------
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-------
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At 31st December 2018
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-------
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Depreciation
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At 1st January 2018
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–
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Charge for the year
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Disposals
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–
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(
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–
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–
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(
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---------
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-------
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At 31st December 2018
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Carrying amount
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At 31st December 2018
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---------
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-------
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At 31st December 2017
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–
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2018
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2017
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£
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£
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Trade debtors
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Amounts owed by related parties
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Other debtors
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------------
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2018
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2017
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£
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£
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Trade creditors
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Amounts owed to related parties
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Accruals and deferred income
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Social security and other taxes
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–
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Obligations under finance leases and hire purchase contracts
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Other creditors
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2018
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2017
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£
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£
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Obligations under finance leases and hire purchase contracts
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---------
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2018
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2017
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£
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£
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Included in provisions
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---------
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2018
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2017
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£
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£
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Accelerated capital allowances
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2018
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2017
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No.
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£
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No.
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£
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4,000,100.00
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100.00
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5,000,000.00
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–
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–
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----
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--------
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------------
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---------------
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----
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--------
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No.
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£
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At 1st January 2018
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100
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Issue of shares
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4,000,000
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4,000,000
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------------
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At 31st December 2018
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4,000,100
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4,000,100
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No.
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£
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At 1st January 2018
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–
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–
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Issue of shares
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5,000,000
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5,000,000
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------------
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At 31st December 2018
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5,000,000
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5,000,000
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2018 | 2017 | ||
£ | £ | ||
Lagan Homes (Lisburn) Limited | 114,701 | 313,305 | |
Lagan Homes Limited | 345,296 | 124,805 | |
Lagan Homes (Magherahinch) Limited | 55,714 | – | |
Lagan Homes Rathgael Limited | 98,919 | – | |
Lagan Homes Woodbrook Limited | 92,005 | – | |
Lagan Homes (Antrim) Limited | 70,555 | – | |
--------- | --------- | ||
777,190 | 438,110 | ||
--------- | --------- | ||
2018 | 2017 | ||
£ | £ | ||
Whitemountain Quarries Limited | – | 3,655 | |
Lagan Homes (Lisburn) Limited | 41,812 | – | |
-------- | ------- | ||
41,812 | 3,655 | ||
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