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Company Registration No. NI678488 (Northern Ireland)
Treasures and Collectibles Ltd Unaudited accounts for the year ended 31 March 2024
Treasures and Collectibles Ltd Unaudited accounts Contents
Page
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Treasures and Collectibles Ltd Company Information for the year ended 31 March 2024
Director
Brian Hogg
Company Number
NI678488 (Northern Ireland)
Registered Office
12 Castlereagh Place Belfast Co. Antrim BT5 4NN
Accountants
SJK 8 Bridge Road Moira Co. Armagh BT67 0PF
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Treasures and Collectibles Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
4,000 
5,500 
Cash at bank and in hand
334 
239 
4,334 
5,739 
Creditors: amounts falling due within one year
(4,487)
(4,692)
Net current (liabilities)/assets
(153)
1,047 
Net (liabilities)/assets
(153)
1,047 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(253)
947 
Shareholders' funds
(153)
1,047 
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.
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 19 April 2024 and were signed on its behalf by
Brian Hogg Director Company Registration No. NI678488
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Treasures and Collectibles Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Treasures and Collectibles Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI678488. The registered office is 12 Castlereagh Place, Belfast, Co. Antrim, BT5 4NN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
1,339 
Loans from directors
4,487 
3,353 
4,487 
4,692 
5
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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