PINEY DEVELOPMENTS CO. LIMITED

Company Registration Number:
NI020247 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

PINEY DEVELOPMENTS CO. LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

PINEY DEVELOPMENTS CO. LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 422,017 421,528
Total fixed assets: 422,017 421,528
Current assets
Debtors:   153,524 153,299
Cash at bank and in hand: 12,920 18,662
Total current assets: 166,444 171,961
Creditors: amounts falling due within one year:   (11,128) (10,065)
Net current assets (liabilities): 155,316 161,896
Total assets less current liabilities: 577,333 583,424
Creditors: amounts falling due after more than one year:   (383) (290)
Total net assets (liabilities): 576,950 583,134
Capital and reserves
Called up share capital: 152,584 152,584
Share premium account: 368,046 368,046
Profit and loss account: 56,320 62,504
Shareholders funds: 576,950 583,134

The notes form part of these financial statements

PINEY DEVELOPMENTS CO. LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 October 2023
and signed on behalf of the board by:

Name: Mr R PT Campbell
Status: Director

The notes form part of these financial statements

PINEY DEVELOPMENTS CO. LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.

PINEY DEVELOPMENTS CO. LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

PINEY DEVELOPMENTS CO. LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 435,019
Additions 745
At 30 June 2023 435,764
Depreciation
At 01 July 2022 13,491
Charge for year 256
At 30 June 2023 13,747
Net book value
At 30 June 2023 422,017
At 30 June 2022 421,528