Ballykeel Trading Limited NI650977 false 2022-03-01 2023-02-28 2023-02-28 The principal activity of the company is Letting and operating of own or leased real estate Digita Accounts Production Advanced 6.30.9574.0 true true NI650977 2022-03-01 2023-02-28 NI650977 2023-02-28 NI650977 bus:OrdinaryShareClass1 2023-02-28 NI650977 core:ShareCapital 2023-02-28 NI650977 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 NI650977 core:LandBuildings 2023-02-28 NI650977 bus:SmallEntities 2022-03-01 2023-02-28 NI650977 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 NI650977 bus:AbridgedAccounts 2022-03-01 2023-02-28 NI650977 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 NI650977 bus:RegisteredOffice 2022-03-01 2023-02-28 NI650977 bus:Director1 2022-03-01 2023-02-28 NI650977 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 NI650977 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 NI650977 core:LandBuildings 2022-03-01 2023-02-28 NI650977 countries:AllCountries 2022-03-01 2023-02-28 NI650977 2022-02-28 NI650977 core:LandBuildings 2022-02-28 NI650977 2021-03-01 2022-02-28 NI650977 2022-02-28 NI650977 bus:OrdinaryShareClass1 2022-02-28 NI650977 core:ShareCapital 2022-02-28 NI650977 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 NI650977 core:LandBuildings 2022-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: NI650977

Ballykeel Trading Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 28 February 2023

 

Ballykeel Trading Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Ballykeel Trading Limited

Company Information

Director

Mr John Traynor

Registered office

St George's Building,
37-41 High Street
Belfast
BT1 2AB

Accountants

McKeague Morgan & Company
27 College Gardens
Belfast
BT9 6BS

 

Ballykeel Trading Limited

(Registration number: NI650977)
Abridged Balance Sheet as at 28 February 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

85,000

85,000

Current assets

 

Cash at bank and in hand

 

1

1

Creditors: Amounts falling due within one year

(85,000)

(85,000)

Net current liabilities

 

(84,999)

(84,999)

Net assets

 

1

1

Capital and reserves

 

Called up share capital

1

1

Total equity

 

1

1

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges his 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 and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 15 November 2023
 

.........................................
Mr John Traynor
Director

 

Ballykeel Trading Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2023

1

General information

The company is a private company limited by share capital, incorporated in the United Kingdom.

The address of its registered office is:
St George's Building,
37-41 High Street
Belfast
BT1 2AB
Northern Ireland

These financial statements were authorised for issue by the director on 15 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 abridged 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 abridged 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold Property

0%

 

Ballykeel Trading Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2023

2

Accounting policies (continued)

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.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 March 2022

85,000

85,000

At 28 February 2023

85,000

85,000

Depreciation

Carrying amount

At 28 February 2023

85,000

85,000

At 28 February 2022

85,000

85,000

Included within the net book value of land and buildings above is £85,000 (2022 - £85,000) in respect of freehold land and buildings.
 

5

Debtors

Debtors includes £Nil (2022 - £Nil) due after more than one year.

 

Ballykeel Trading Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2023

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1