Relate AccountsProduction v2.7.3 v2.7.3 2022-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts FRS 105 Accounts The principal activity is that of a Property Management Company. 21 February 2024 2 3 NI635758 2023-03-31 NI635758 2022-03-31 NI635758 2021-03-31 NI635758 2022-04-01 2023-03-31 NI635758 2021-04-01 2022-03-31 NI635758 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 NI635758 uk-curr:PoundSterling 2022-04-01 2023-03-31 NI635758 uk-bus:AbridgedAccounts 2022-04-01 2023-03-31 NI635758 uk-core:CapitalReserve 2023-03-31 NI635758 uk-core:CapitalReserve 2022-03-31 NI635758 uk-core:ParentEntities 2022-04-01 2023-03-31 NI635758 uk-countries:NorthernIreland 2022-04-01 2023-03-31 NI635758 uk-bus:Director3 2022-04-01 2023-03-31 NI635758 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 NI635758 uk-bus:Micro-entities 2022-04-01 2023-03-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI635758
 
 
Peel Properties (N.I.) Ltd
 
Unaudited Financial Statements
 
for the financial year ended 31 March 2023
Peel Properties (N.I.) Ltd
Company Registration Number: NI635758
STATEMENT OF FINANCIAL POSITION
as at 31 March 2023

    2023   2022
  £   £
 
Fixed Assets 396,205   396,205
  ─────────   ─────────
Current assets (132,248)   (150,216)
Creditors: amounts falling due within one year (38,375)   (23,318)
  ─────────   ─────────
Net Current Liabilities (170,623)   (173,534)
  ─────────   ─────────
Total Assets less Current Liabilities 225,582   222,671
Creditors: amounts falling due after more than one year (94,546)   (114,294)
  ─────────   ─────────
Net Assets 131,036   108,377
  ═════════   ═════════
 
Capital and Reserves 131,036   108,377
  ═════════   ═════════
 
Notes to the financial statements
   
1. General Information
 
Peel Properties (NI) Ltd is a private company limited by shares incorporated in Northern Ireland. The registered office of the company is 16 Mount Charles, Belfast, BT7 1NZ. 1c Monaghan Street, Newry, BT35 6BB is the principal place of business of the company. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
       
2. Employees
 
The average monthly number of employees, including directors, during the financial year was 2 (2022 - 3).
 
  2023 2022
  Number Number
 
Directors 2 3
  ═════════ ═════════
   
3. Parent company
 
The company regards MM Eight Property Management Limited as its parent company.
 
     
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 directors confirm 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 directors acknowledge their 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.
 
These financial statements have been prepared in accordance with the provisions available to micro-entities in Part 15 of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
 
The company has taken advantage of the exemption under section 444 not to file the Directors' Report, Income Statement.
 
Approved by the Board on 21 February 2024 and signed on its behalf by:
 
   
________________________________  
Mr. Darragh Murdock  
Director