BALLYDOUGAN POTTERY LIMITED

Company Registration Number:
NI053645 (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

BALLYDOUGAN POTTERY LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

BALLYDOUGAN POTTERY LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 681,352 697,837
Total fixed assets: 681,352 697,837
Current assets
Debtors:   4,689 4,120
Cash at bank and in hand: 91,660 77,687
Total current assets: 96,349 81,807
Creditors: amounts falling due within one year:   (52,001) (51,713)
Net current assets (liabilities): 44,348 30,094
Total assets less current liabilities: 725,700 727,931
Provision for liabilities: (877) (1,151)
Total net assets (liabilities): 724,823 726,780
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 724,822 726,779
Shareholders funds: 724,823 726,780

The notes form part of these financial statements

BALLYDOUGAN POTTERY 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 08 March 2024
and signed on behalf of the board by:

Name: Sean O'Dowd
Status: Director

The notes form part of these financial statements

BALLYDOUGAN POTTERY 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 comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful life as follows ;Land and buildings 2% straight linePlant and machinery 15% straight lineFixtures and fittings 10% straight lineThe carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

BALLYDOUGAN POTTERY 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

BALLYDOUGAN POTTERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 854,469
At 30 June 2023 854,469
Depreciation
At 01 July 2022 156,632
Charge for year 16,485
At 30 June 2023 173,117
Net book value
At 30 June 2023 681,352
At 30 June 2022 697,837