NEIL CASEY LTD

Company Registration Number:
NI690748 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 31 August 2022

End date: 31 August 2023

NEIL CASEY LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

NEIL CASEY LTD

Balance sheet

As at 31 August 2023


Notes

2023


£
Fixed assets
Tangible assets: 3 4,171
Total fixed assets: 4,171
Current assets
Stocks: 19,280
Debtors:   11,219
Cash at bank and in hand: 21,826
Total current assets: 52,325
Creditors: amounts falling due within one year:   (51,468)
Net current assets (liabilities): 857
Total assets less current liabilities: 5,028
Total net assets (liabilities): 5,028
Capital and reserves
Called up share capital: 101
Profit and loss account: 4,927
Shareholders funds: 5,028

The notes form part of these financial statements

NEIL CASEY LTD

Balance sheet statements

For the year ending 31 August 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 18 April 2024
and signed on behalf of the board by:

Name: Neil Casey
Status: Director

The notes form part of these financial statements

NEIL CASEY LTD

Notes to the Financial Statements

for the Period Ended 31 August 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 VAT and trade discounts.

Tangible fixed assets and depreciation policy

Tangible assets 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 tangible assets, less their estimated residual value over their expected useful life as followsPlant and machinery 15% straight lineFixtures and equipment 15% straight lineThe carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying values may not be recoverable

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business n bringing stocks to their current location and condition. Full provision is made for slow moving and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing or selling.

NEIL CASEY LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023
Average number of employees during the period 6

NEIL CASEY LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible Assets

Total
Cost £
Additions 5,112
At 31 August 2023 5,112
Depreciation
Charge for year 941
At 31 August 2023 941
Net book value
At 31 August 2023 4,171