Bright AccountsProduction v1.0.0 v1.0.0 2022-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity is that of a holding company. 9 November 2023 0 0 NI672325 2023-03-31 NI672325 2022-03-31 NI672325 2021-03-31 NI672325 2022-04-01 2023-03-31 NI672325 2021-04-01 2022-03-31 NI672325 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 NI672325 uk-curr:PoundSterling 2022-04-01 2023-03-31 NI672325 uk-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 NI672325 uk-bus:FullAccounts 2022-04-01 2023-03-31 NI672325 uk-core:ShareCapital 2023-03-31 NI672325 uk-core:ShareCapital 2022-03-31 NI672325 uk-core:SharePremium 2023-03-31 NI672325 uk-core:SharePremium 2022-03-31 NI672325 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 NI672325 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 NI672325 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-03-31 NI672325 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-03-31 NI672325 uk-bus:FRS102 2022-04-01 2023-03-31 NI672325 uk-core:CostValuation 2023-03-31 NI672325 uk-core:CurrentFinancialInstruments 2023-03-31 NI672325 uk-core:CurrentFinancialInstruments 2022-03-31 NI672325 uk-core:AfterOneYear 2023-03-31 NI672325 uk-core:AfterOneYear 2022-03-31 NI672325 2022-04-01 2023-03-31 NI672325 uk-bus:Director1 2022-04-01 2023-03-31 NI672325 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
Carrickrock Holdings Ltd
 
Unaudited Financial Statements
 
for the financial year ended 31 March 2023
Carrickrock Holdings Ltd
Company Registration Number: NI672325
BALANCE SHEET
as at 31 March 2023

2023 2022
Notes £ £
 
Fixed Assets
Investments 4 1,500,000 1,500,000
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Current Assets
Stocks 5 339,600 -
Debtors 6 760,400 1,020,000
Cash and cash equivalents 100 100
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1,100,100 1,020,100
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───────── ─────────
Net Current Assets 1,100,100 1,020,100
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Total Assets less Current Liabilities 2,600,100 2,520,100
 
Creditors:
amounts falling due after more than one year 7 (140,000) (60,000)
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Net Assets 2,460,100 2,460,100
═════════ ═════════
 
Capital and Reserves
Called up share capital 200 200
Share premium account 1,499,900 1,499,900
Retained earnings 960,000 960,000
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Equity attributable to owners of the company 2,460,100 2,460,100
═════════ ═════════
 
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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.
           
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges her responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 9 November 2023
           
           
________________________________          
Mrs. Sharilene Loughran          
Director          
           



Carrickrock Holdings Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2023

   
1. General Information
 
Carrickrock Holdings Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI672325. The registered office of the company is , Northern Ireland. The principal activity is that of a holding company. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 March 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Consolidated accounts
The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the profit and loss account in the financial year in which it is receivable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 0, (2022 - 0).
       
4. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 31 March 2023 1,500,000 1,500,000
  ───────── ─────────
Net book value
At 31 March 2023 1,500,000 1,500,000
  ═════════ ═════════
At 31 March 2022 1,500,000 1,500,000
  ═════════ ═════════
       
5. Stocks 2023 2022
  £ £
 
Finished goods and goods for resale 339,600 -
  ═════════ ═════════
 
The replacement cost of stock did not differ significantly from the figures shown.
       
6. Debtors 2023 2022
  £ £
 
Amounts owed by group undertakings 760,400 1,020,000
  ═════════ ═════════
       
7. Creditors 2023 2022
Amounts falling due after more than one year £ £
 
Director's loan accounts 140,000 60,000
  ═════════ ═════════
 
       
8. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 March 2023.
           
9. Related party transactions
The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.
 
The directors had an opening Directors loan account balance of £60,000.  During the year Carrickrock Holdings Ltd borrowed £80,000 from the directors and repaid £nil to the directors, leaving a closing balance of £140,000 (2022: £60,000) which is included in the creditors section of the balance sheet.
   
10. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.