IRIS Accounts Production v24.1.9.2 NI010047 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI0100472022-03-31NI0100472023-03-31NI0100472022-04-012023-03-31NI0100472021-03-31NI0100472021-04-012022-03-31NI0100472022-03-31NI010047ns15:NorthernIreland2022-04-012023-03-31NI010047ns14:PoundSterling2022-04-012023-03-31NI010047ns10:Director12022-04-012023-03-31NI010047ns10:PrivateLimitedCompanyLtd2022-04-012023-03-31NI010047ns10:SmallEntities2022-04-012023-03-31NI010047ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-31NI010047ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-31NI010047ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-31NI010047ns10:FullAccounts2022-04-012023-03-31NI010047ns10:CompanySecretary12022-04-012023-03-31NI010047ns10:RegisteredOffice2022-04-012023-03-31NI010047ns5:CurrentFinancialInstruments2023-03-31NI010047ns5:CurrentFinancialInstruments2022-03-31NI010047ns5:Non-currentFinancialInstruments2023-03-31NI010047ns5:Non-currentFinancialInstruments2022-03-31NI010047ns5:ShareCapital2023-03-31NI010047ns5:ShareCapital2022-03-31NI010047ns5:RetainedEarningsAccumulatedLosses2023-03-31NI010047ns5:RetainedEarningsAccumulatedLosses2022-03-31NI010047ns5:LandBuildings2022-03-31NI010047ns5:PlantMachinery2022-03-31NI010047ns5:LandBuildings2022-04-012023-03-31NI010047ns5:PlantMachinery2022-04-012023-03-31NI010047ns5:LandBuildings2023-03-31NI010047ns5:PlantMachinery2023-03-31NI010047ns5:LandBuildings2022-03-31NI010047ns5:PlantMachinery2022-03-31NI010047ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31NI010047ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: NI010047 (Northern Ireland)














Unaudited Financial Statements

for the Year Ended 31 March 2023

for

SOUTH WEST ANTRIM CONSTRUCTION LIMITED

SOUTH WEST ANTRIM CONSTRUCTION LIMITED (REGISTERED NUMBER: NI010047)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOUTH WEST ANTRIM CONSTRUCTION LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Mr B J Campbell





SECRETARY: Ms S E Lowry





REGISTERED OFFICE: 30 Orken Lane
Aghalee
Co. Armagh
BT67 0ED





REGISTERED NUMBER: NI010047 (Northern Ireland)





ACCOUNTANTS: M.B.McGrady & Co
Chartered Accountants
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antrim
BT9 6GH

SOUTH WEST ANTRIM CONSTRUCTION LIMITED (REGISTERED NUMBER: NI010047)

Balance Sheet
31 MARCH 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,860 82,842

CURRENT ASSETS
Debtors 5 446,051 557,673
Cash in hand 283 316
446,334 557,989
CREDITORS
Amounts falling due within one year 6 564,058 618,695
NET CURRENT LIABILITIES (117,724 ) (60,706 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(39,864

)

22,136

CREDITORS
Amounts falling due after more than one
year

7

51,111

42,824
NET LIABILITIES (90,975 ) (20,688 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (91,075 ) (20,788 )
(90,975 ) (20,688 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SOUTH WEST ANTRIM CONSTRUCTION LIMITED (REGISTERED NUMBER: NI010047)

Balance Sheet - continued
31 MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 July 2024 and were signed by:





Mr B J Campbell - Director


SOUTH WEST ANTRIM CONSTRUCTION LIMITED (REGISTERED NUMBER: NI010047)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

South West Antrim Construction 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 7 ) .

SOUTH WEST ANTRIM CONSTRUCTION LIMITED (REGISTERED NUMBER: NI010047)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 27,307 222,233 249,540
Additions - 9,850 9,850
At 31 March 2023 27,307 232,083 259,390
DEPRECIATION
At 1 April 2022 - 166,698 166,698
Charge for year - 14,832 14,832
At 31 March 2023 - 181,530 181,530
NET BOOK VALUE
At 31 March 2023 27,307 50,553 77,860
At 31 March 2022 27,307 55,535 82,842

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors 425,928 521,532
Other debtors 20,123 36,141
446,051 557,673

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans and overdrafts 81,531 106,154
Hire purchase contracts 11,708 243
Trade creditors 34,389 86,649
Taxation and social security 5,216 21,539
Other creditors 431,214 404,110
564,058 618,695

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/23 31/3/22
£    £   
Bank loans 37,375 42,824
Hire purchase contracts 13,736 -
51,111 42,824