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Company Registration No. NI675535 (Northern Ireland)
Ballyvoy Property Limited Unaudited accounts for the year ended 31 January 2024
Ballyvoy Property Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
28,148 
35,148 
Cash at bank and in hand
3,435 
3,637 
31,583 
38,785 
Creditors: amounts falling due within one year
(2,984)
(11,895)
Net current assets
28,599 
26,890 
Net assets
28,599 
26,890 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
28,589 
26,880 
Shareholders' funds
28,599 
26,890 
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2024 and were signed on its behalf by
Shane Cooke Director Company Registration No. NI675535
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Ballyvoy Property Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Ballyvoy Property Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI675535. The registered office is 25 Ballybracken Road, Doagh, Ballyclare, BT39 0TG, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax. Revenue from a contract to provide project management services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
Going concern
Having considered the resources available the Director of Ballyvoy Property Limited believes that the company has adequate resources available to enable it to continue to meet its ongoing obligations as they fall due for a period of at least 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
28,148 
35,148 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
1,080 
Taxes and social security
636 
1,553 
Loans from directors
1,688 
8,152 
Accruals
660 
1,110 
2,984 
11,895 
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Ballyvoy Property Limited Notes to the Accounts for the year ended 31 January 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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