Caseware UK (AP4) 2022.0.179 2022.0.179 1holding companyfalsefalse2022-05-011trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11451935 2022-05-01 2023-04-30 11451935 2023-04-30 11451935 2021-05-01 2022-04-30 11451935 2022-04-30 11451935 c:Director1 2022-05-01 2023-04-30 11451935 d:FreeholdInvestmentProperty 2023-04-30 11451935 d:FreeholdInvestmentProperty 2022-04-30 11451935 d:CurrentFinancialInstruments 2023-04-30 11451935 d:CurrentFinancialInstruments 2022-04-30 11451935 d:Non-currentFinancialInstruments 2023-04-30 11451935 d:Non-currentFinancialInstruments 2022-04-30 11451935 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11451935 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 11451935 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 11451935 d:Non-currentFinancialInstruments d:AfterOneYear 2022-04-30 11451935 d:ShareCapital 2023-04-30 11451935 d:ShareCapital 2022-04-30 11451935 d:RetainedEarningsAccumulatedLosses 2023-04-30 11451935 d:RetainedEarningsAccumulatedLosses 2022-04-30 11451935 c:FRS102 2022-05-01 2023-04-30 11451935 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11451935 c:FullAccounts 2022-05-01 2023-04-30 11451935 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11451935 4 2023-04-30 iso4217:GBP xbrli:pure
Registered number: 11451935













Ballyleary Holdings Limited

Financial statements
Information for filing with the registrar

30 April 2023




 
Ballyleary Holdings Limited


Balance sheet
At 30 April 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
612,295
612,295

Investment property
 5 
264,756
264,756

  
877,051
877,051

Current assets
  

Bank and cash balances
  
8,996
14,519

  
8,996
14,519

Creditors: amounts falling due within one year
 6 
(310,346)
(328,125)

Net current liabilities
  
 
 
(301,350)
 
 
(313,606)

Total assets less current liabilities
  
575,701
563,445

Creditors: amounts falling due after more than one year
 7 
(412,132)
(435,925)

  

Net assets
  
163,569
127,520


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
163,469
127,420

  
163,569
127,520

1

 
Ballyleary Holdings Limited

    
Balance sheet (continued)
At 30 April 2023

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 October 2023.




Maeve Danielle Dance
Director

Registered number: 11451935
The notes on pages 3 to 5 form part of these financial statements. 

2

 
Ballyleary Holdings Limited
 
 

Notes to the financial statements
Year ended 30 April 2023

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of
the registered office is UNW LLP, Citygate, St James' Boulevard, Newcastle upon Tyne, NE1 4JE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover shown in the profit and loss account represents rent and dividends receivable during the
period.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an
3

 
Ballyleary Holdings Limited
 

 
Notes to the financial statements
Year ended 30 April 2023

2.Accounting policies (continued)


2.7
Financial instruments (continued)

out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Investment in subsidiary





Investment in subsidiary company

£





At 1 May 2022
612,295






Net book value



At 30 April 2023
612,295

4

 
Ballyleary Holdings Limited
 
 

Notes to the financial statements
Year ended 30 April 2023

5.


Investment property


Freehold investment property

£



Valuation


At 1 May 2022
264,756



At 30 April 2023
264,756

The 2023 valuations were made by the director, on an open market value for existing use basis.








6.


Creditors: amounts falling due within one year

2023
2022
£
£

Bank loans
25,235
26,488

Amounts owed to group undertakings
234,977
121,740

Other creditors
47,857
177,857

Accruals and deferred income
2,277
2,040

310,346
328,125



7.


Creditors: amounts falling due after more than one year

2023
2022
£
£

Bank loans
412,132
435,925

412,132
435,925


 
5