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COMPANY REGISTRATION NUMBER: NI065266
Inislyn Developments Limited
Filleted Unaudited Financial Statements
31 December 2023
Inislyn Developments Limited
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
Creditors: amounts falling due within one year
4
34,366
----
--------
Net current liabilities
34,366
----
--------
Total assets less current liabilities
( 34,366)
----
--------
Capital and reserves
Called up share capital
1
1
Profit and loss account
( 1)
( 34,367)
----
--------
Shareholder deficit
( 34,366)
----
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 13 February 2024 , and are signed on behalf of the board by:
D A Donnelly
Director
Company registration number: NI065266
Inislyn Developments Limited
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 54 Lisburn Road, Belfast, BT9 6AF.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year or prior year.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. The company is dormant and has not entered into any financial instruments that require to be disclosed.
4. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
34,366
----
--------
5. Related party transactions
The company was under the control of Mr David Donnelly and Mr Anthony Devlin throughout the current and previous year. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard for Smaller Entities