Company Registration No. NI669776 (Northern Ireland)
Ballycastle Climbing Frames NI Ltd
Unaudited accounts
for the year ended 31 May 2022
Ballycastle Climbing Frames NI Ltd
Unaudited accounts
Contents
Ballycastle Climbing Frames NI Ltd
Company Information
for the year ended 31 May 2022
Company Number
NI669776 (Northern Ireland)
Registered Office
7a Churchfield Road
Ballycastle
BT54 6PJ
Accountants
Campbell Ritchie Chartered Accountants Ltd
21 Warnocks Lane
Coleraine
Co. Londonderry
BT52 1TH
Ballycastle Climbing Frames NI Ltd
Statement of financial position
as at
31 May 2022
Tangible assets
26,850
28,200
Inventories
113,021
21,000
Cash at bank and in hand
(3,177)
13,531
Creditors: amounts falling due within one year
(68,810)
(67,694)
Net current assets/(liabilities)
67,381
(4,464)
Total assets less current liabilities
94,231
23,736
Creditors: amounts falling due after more than one year
(16,692)
(23,656)
Profit and loss account
77,539
80
Shareholders' funds
77,539
80
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 January 2023 and were signed on its behalf by
Barry Graham
Director
Company Registration No. NI669776
Ballycastle Climbing Frames NI Ltd
Notes to the Accounts
for the year ended 31 May 2022
Ballycastle Climbing Frames NI Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI669776. The registered office is 7a Churchfield Road, Ballycastle, BT54 6PJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2021
6,260
28,990
35,250
Additions
9,337
6,600
15,937
At 31 May 2022
15,597
35,590
51,187
At 1 June 2021
1,252
5,798
7,050
Charge for the year
4,371
12,916
17,287
At 31 May 2022
5,623
18,714
24,337
At 31 May 2022
9,974
16,876
26,850
At 31 May 2021
5,008
23,192
28,200
Ballycastle Climbing Frames NI Ltd
Notes to the Accounts
for the year ended 31 May 2022
Amounts falling due within one year
Trade debtors
23,432
28,699
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
3,965
7,721
Trade creditors
13,900
22,576
Taxes and social security
39,703
1,660
Loans from directors
9,742
31,614
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
16,692
23,656
8
Average number of employees
During the year the average number of employees was 6 (2021: 6).