Galgorm Properties (1) Ltd NI042448 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is property developers, dealers, sellers and managers Digita Accounts Production Advanced 6.30.9574.0 true Mr Desmond P O'Kane Mr Neil Patton Mr John C O'Kane Mr Ian W L Webb Mr Christopher Brooke Mr Andrew B Webb Mr Gary Henry false true NI042448 2023-01-01 2023-12-31 NI042448 2023-12-31 NI042448 bus:OrdinaryShareClass1 2023-12-31 NI042448 core:RetainedEarningsAccumulatedLosses 2023-12-31 NI042448 core:ShareCapital 2023-12-31 NI042448 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 NI042448 bus:FRS102 2023-01-01 2023-12-31 NI042448 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 NI042448 bus:FullAccounts 2023-01-01 2023-12-31 NI042448 bus:RegisteredOffice 2023-01-01 2023-12-31 NI042448 bus:CompanySecretaryDirector1 2023-01-01 2023-12-31 NI042448 bus:Director1 2023-01-01 2023-12-31 NI042448 bus:Director2 2023-01-01 2023-12-31 NI042448 bus:Director4 2023-01-01 2023-12-31 NI042448 bus:Director5 2023-01-01 2023-12-31 NI042448 bus:Director7 2023-01-01 2023-12-31 NI042448 bus:Director9 2023-01-01 2023-12-31 NI042448 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 NI042448 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 NI042448 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 NI042448 1 2023-01-01 2023-12-31 NI042448 countries:NorthernIreland 2023-01-01 2023-12-31 NI042448 2022-12-31 NI042448 bus:OrdinaryShareClass1 2022-12-31 NI042448 core:RetainedEarningsAccumulatedLosses 2022-12-31 NI042448 core:ShareCapital 2022-12-31 NI042448 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: NI042448

Galgorm Properties (1) Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Galgorm Properties (1) Ltd

Profit and Loss Account for the Year Ended 31 December 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Galgorm Properties (1) Ltd

(Registration number: NI042448)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Creditors: Amounts falling due within one year

3

(107,302)

(107,302)

Capital and reserves

 

Called up share capital

4

1,200

1,200

Retained earnings

(108,502)

(108,502)

Shareholders' deficit

 

(107,302)

(107,302)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 2 July 2024 and signed on its behalf by:
 

.........................................
Mr Christopher Brooke
Company secretary and director

.........................................
Mr Gary Henry
Director

 
     
 

Galgorm Properties (1) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
c/o DT Carson & Co
51-53 Thomas Street
Ballymena
Co Antrim
BT43 6AZ

These financial statements were authorised for issue by the Board on 2 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

3

Creditors

Note

2023
£

2022
£

Due within one year

 

Amounts due to related parties

107,302

107,302

 

Galgorm Properties (1) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £1 each

1,200

1,200

1,200

1,200

       

5

Parent and ultimate parent undertaking

The company's immediate parent is Galgorm Castle Holdings Limited, incorporated in Northern Ireland.