Company Registration No. NI666475 (Northern Ireland)
Posh Sheds NI Limited
Unaudited accounts
for the period from 1 January 2022 to 3 April 2023
Posh Sheds NI Limited
Unaudited accounts
Contents
Posh Sheds NI Limited
Company Information
for the period from 1 January 2022 to 3 April 2023
Company Number
NI666475 (Northern Ireland)
Registered Office
56 CARRICKMANNON ROAD
BALLYGOWAN
NEWTOWNARDS
BT23 6JH
NORTHERN IRELAND
Posh Sheds NI Limited
Statement of financial position
as at 3 April 2023
Cash at bank and in hand
-
18,337
Creditors: amounts falling due within one year
(59,434)
(69,809)
Net current (liabilities)/assets
(59,434)
1,395
Net (liabilities)/assets
(59,434)
1,395
Called up share capital
100
100
Profit and loss account
(59,534)
1,295
Shareholders' funds
(59,434)
1,395
For the period ending 3 April 2023 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 4 May 2023 and were signed on its behalf by
W Hands
Director
Company Registration No. NI666475
Posh Sheds NI Limited
Notes to the Accounts
for the period from 1 January 2022 to 3 April 2023
Posh Sheds NI Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI666475. The registered office is 56 CARRICKMANNON ROAD, BALLYGOWAN, NEWTOWNARDS, BT23 6JH, NORTHERN IRELAND.
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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 period, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Creditors: amounts falling due within one year
2023
2021
Bank loans and overdrafts
32,242
38,842
Taxes and social security
-
13,141
Loans from directors
19,073
9,089
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Average number of employees
During the period the average number of employees was 0 (2021: 0).