Kilcoo Regeneration Group Limited NI685847 false 2022-02-15 2023-03-31 2023-03-31 The principal activity of the company is community development group. Digita Accounts Production Advanced 6.30.9574.0 true true NI685847 2022-02-15 2023-03-31 NI685847 2023-03-31 NI685847 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 NI685847 bus:SmallEntities 2022-02-15 2023-03-31 NI685847 bus:AuditExemptWithAccountantsReport 2022-02-15 2023-03-31 NI685847 bus:FullAccounts 2022-02-15 2023-03-31 NI685847 bus:SmallCompaniesRegimeForAccounts 2022-02-15 2023-03-31 NI685847 bus:RegisteredOffice 2022-02-15 2023-03-31 NI685847 bus:Director1 2022-02-15 2023-03-31 NI685847 bus:Director2 2022-02-15 2023-03-31 NI685847 bus:Director3 2022-02-15 2023-03-31 NI685847 bus:Director4 2022-02-15 2023-03-31 NI685847 bus:Director5 2022-02-15 2023-03-31 NI685847 bus:CompanyLimitedByGuarantee 2022-02-15 2023-03-31 NI685847 countries:AllCountries 2022-02-15 2023-03-31 iso4217:GBP xbrli:pure

Registration number: NI685847

Kilcoo Regeneration Group Limited

(A company limited by guarantee)

Filleted Financial Statements

for the Period from 15 February 2022 to 31 March 2023

 

Kilcoo Regeneration Group Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Kilcoo Regeneration Group Limited

Company Information

Directors

Roger Morgan

Mabel McCarthy

John Devlin

Andrina Fettes

Gabrielle Fitzpatrick

Registered office

8 Drumena Road
Kilcoo
Co Down
BT34 5JU

 

Kilcoo Regeneration Group Limited

(Registration number: NI685847)
Balance Sheet as at 31 March 2023

Note

2023
£

Current assets

 

Cash at bank and in hand

 

83,995

Creditors: Amounts falling due within one year

(733)

Net assets

 

83,262

Reserves

 

Retained earnings

83,262

Surplus

 

83,262

For the financial period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 November 2023 and signed on its behalf by:
 

.........................................
Roger Morgan
Director

.........................................
Mabel McCarthy
Director

 

Kilcoo Regeneration Group Limited

Notes to the Unaudited Financial Statements for the Period from 15 February 2022 to 31 March 2023

1

General information

The company is a company limited by guarantee, incorporated in United Kingdom , and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
8 Drumena Road
Kilcoo
Co Down
BT34 5JU

These financial statements were authorised for issue by the Board on 9 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Kilcoo Regeneration Group Limited

Notes to the Unaudited Financial Statements for the Period from 15 February 2022 to 31 March 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4

Creditors

Note

2023
£

Due within one year

 

Other creditors

 

733