Company Registration No. NI050393 (Northern Ireland)
Knockvale Estates Ltd
Unaudited accounts
for the year ended 31 March 2024
Knockvale Estates Ltd
Unaudited accounts
Contents
Knockvale Estates Ltd
Company Information
for the year ended 31 March 2024
Company Number
NI050393 (Northern Ireland)
Registered Office
205 Sandown Road
BELFAST
BT5 6GX
Accountants
Huston & Co
13 Cabin Hill Gardens
Ballycloghan
BELFAST
Co Down
BT5 7AP
Knockvale Estates Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
123,503
38,780
Creditors: amounts falling due within one year
(144,448)
(158,438)
Net current (liabilities)/assets
(20,945)
3,190
Net (liabilities)/assets
(20,945)
3,190
Called up share capital
1,000
1,000
Profit and loss account
(21,945)
2,190
Shareholders' funds
(20,945)
3,190
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 April 2024 and were signed on its behalf by
Lord Empey
Director
Company Registration No. NI050393
Knockvale Estates Ltd
Notes to the Accounts
for the year ended 31 March 2024
Knockvale Estates Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI050393. The registered office is 205 Sandown Road, BELFAST, BT5 6GX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
5
Transactions with related parties
at 31st March 2022 directors were owed £153,110 - other creditors
at 31st March 2023 directors were owed £157,208 - other creditors
at 31st March 2024 directors were owed £ TBA - other creditors
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).