Collone Properties Limited |
Registered Number:NI657696 |
For the year ended 31 December 2022
Northern Ireland
Unaudited Financial Statements
For the year ended 31 December 2022
Collone Properties Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Collone Properties Limited
Statement of Financial Position
2021
2022
Property, plant and equipment |
987,740
998,068
2
987,740
998,068
Trade and other receivables |
13,416
22,504
3
1,084
Cash and cash equivalents |
164
22,668
14,500
Trade and other payables: amounts falling due within one |
year |
(64,391)
(35,017)
4
(49,891)
(12,349)
Net current liabilities
Total assets less current liabilities |
975,391
948,177
Trade and other payables: amounts falling due after more |
than one year |
(210,273)
(249,012)
5
726,379
Net assets
737,904
2
2
10,000
10,000
716,377
727,902
726,379
737,904
Shareholders' funds
For the year ended 31 December 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Jonathan McKew Director |
These financial statements were approved and authorised for issue by the Board on 28 September 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2022
Collone Properties Limited
Notes to the Financial Statements
Statutory Information
Collone Properties Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
number NI657696. |
47 Ratarnet Road
Collone
County Armagh
County Armagh
BT60 1LJ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
2. Property, plant and equipment |
1,028,970
128,970
900,000
5,156
5,156
-
900,000
134,126
1,034,126
Provision for depreciation and impairment |
30,902
30,902
-
Charge for year
15,484
15,484
-
46,386
46,386
-
900,000
87,740
987,740
900,000
98,068
998,068
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For the year ended 31 December 2022
Collone Properties Limited
Notes to the Financial Statements Continued
3. Trade and other receivables |
2021
2022
-
5,000
Amounts owed by group undertakings and participating interests |
22,504
4,900
-
3,516
13,416
22,504
4. Trade and other payables: amounts falling due within one year |
2021
2022
3,000
-
Taxation and social security |
3,068
-
28,949
64,391
35,017
64,391
5. Trade and other payables: amounts falling due after more than one year |
2021
2022
27,500
-
221,512
210,273
249,012
210,273
6. Average number of persons employed |
During the year the average number of employees was 0
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