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REGISTERED NUMBER: NI623748 (Northern Ireland)















Unaudited Financial Statements

for the Period 1 July 2023 to 30 January 2024

for

Killaire Developments Limited

Killaire Developments Limited (Registered number: NI623748)






Contents of the Financial Statements
for the Period 1 July 2023 to 30 January 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 6


Killaire Developments Limited

Company Information
for the Period 1 July 2023 to 30 January 2024







DIRECTORS: J G Furney
C G McLarnon
W M Burrows
K McLarnon
S A Furney





REGISTERED OFFICE: C/O Lynn Drake & Co Limited
1st Floor
34B-D Main Street
Moira
Co. Armagh
BT67 0LE





REGISTERED NUMBER: NI623748 (Northern Ireland)





ACCOUNTANTS: Lynn Drake & Co Ltd
Chartered Accountants
1st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 0LE

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Killaire Developments Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.


In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the period ended 30 January 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 30 January 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the period.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.






Lynn Drake & Co Ltd
Chartered Accountants
1st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 0LE


9 April 2024

Killaire Developments Limited (Registered number: NI623748)

Balance Sheet
30 January 2024

30.1.24 30.6.23
Notes £    £   
CURRENT ASSETS
Debtors 5 300 300
Cash at bank 275,052 274,847
275,352 275,147
CREDITORS
Amounts falling due within one year 6 8,268 7,380
NET CURRENT ASSETS 267,084 267,767
TOTAL ASSETS LESS CURRENT
LIABILITIES

267,084

267,767

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 266,784 267,467
SHAREHOLDERS' FUNDS 267,084 267,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

Killaire Developments Limited (Registered number: NI623748)

Balance Sheet - continued
30 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2024 and were signed on its behalf by:





C G McLarnon - Director


Killaire Developments Limited (Registered number: NI623748)

Notes to the Financial Statements
for the Period 1 July 2023 to 30 January 2024

1. STATUTORY INFORMATION

Killaire Developments Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.1.24 30.6.23
£    £   
Called up share capital not paid 300 300

Killaire Developments Limited (Registered number: NI623748)

Notes to the Financial Statements - continued
for the Period 1 July 2023 to 30 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.1.24 30.6.23
£    £   
Trade creditors 1,560 1,080
Accrued expenses 6,708 6,300
8,268 7,380