IRIS Accounts Production v24.2.0.383 NI053129 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI0531292022-12-31NI0531292023-12-31NI0531292023-01-012023-12-31NI0531292021-12-31NI0531292022-01-012022-12-31NI0531292022-12-31NI053129ns15:NorthernIreland2023-01-012023-12-31NI053129ns14:PoundSterling2023-01-012023-12-31NI053129ns10:Director12023-01-012023-12-31NI053129ns10:PrivateLimitedCompanyLtd2023-01-012023-12-31NI053129ns10:SmallEntities2023-01-012023-12-31NI053129ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-31NI053129ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-31NI053129ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-31NI053129ns10:FullAccounts2023-01-012023-12-31NI053129ns10:Director22023-01-012023-12-31NI053129ns10:Director32023-01-012023-12-31NI053129ns10:CompanySecretary12023-01-012023-12-31NI053129ns10:RegisteredOffice2023-01-012023-12-31NI053129ns5:CurrentFinancialInstruments2023-12-31NI053129ns5:CurrentFinancialInstruments2022-12-31NI053129ns5:Non-currentFinancialInstruments2023-12-31NI053129ns5:Non-currentFinancialInstruments2022-12-31NI053129ns5:ShareCapital2023-12-31NI053129ns5:ShareCapital2022-12-31NI053129ns5:CapitalRedemptionReserve2023-12-31NI053129ns5:CapitalRedemptionReserve2022-12-31NI053129ns5:RetainedEarningsAccumulatedLosses2023-12-31NI053129ns5:RetainedEarningsAccumulatedLosses2022-12-31NI053129ns5:FurnitureFittings2023-01-012023-12-31NI053129ns5:LeaseholdImprovements2022-12-31NI053129ns5:FurnitureFittings2022-12-31NI053129ns5:LeaseholdImprovements2023-01-012023-12-31NI053129ns5:LeaseholdImprovements2023-12-31NI053129ns5:FurnitureFittings2023-12-31NI053129ns5:LeaseholdImprovements2022-12-31NI053129ns5:FurnitureFittings2022-12-31NI053129ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-31NI053129ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31NI053129ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-12-31NI053129ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-12-31NI053129ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-31NI053129ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-12-31
REGISTERED NUMBER: NI053129 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Express Surveyors Ltd

Express Surveyors Ltd (Registered number: NI053129)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Express Surveyors Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: R P Pinion
A N Shirlow
D J Blevings





SECRETARY: R P Pinion





REGISTERED OFFICE: 23 Lisburn Road
Royal Hillsborough
Co. Down
BT26 6AA





REGISTERED NUMBER: NI053129 (Northern Ireland)





ACCOUNTANTS: ASC Wylie UBU Ltd
Qualified Accountants, Tax & Business Advisors
7 Lisburn Street
Royal Hillsborough
Co. Down
BT26 6AB

Express Surveyors Ltd (Registered number: NI053129)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,720 12,015

CURRENT ASSETS
Debtors 5 121,472 133,317
Cash at bank and in hand 136,805 198,197
258,277 331,514
CREDITORS
Amounts falling due within one year 6 203,595 182,748
NET CURRENT ASSETS 54,682 148,766
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,402

160,781

CREDITORS
Amounts falling due after more than one
year

7

14,167

25,000
NET ASSETS 51,235 135,781

CAPITAL AND RESERVES
Called up share capital 354 354
Capital redemption reserve 150 150
Retained earnings 50,731 135,277
51,235 135,781

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Express Surveyors Ltd (Registered number: NI053129)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by:





R P Pinion - Director


Express Surveyors Ltd (Registered number: NI053129)

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

1. STATUTORY INFORMATION

Express Surveyors Ltd 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.
Fixtures and fittings - 20% on reducing balance

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.

Express Surveyors Ltd (Registered number: NI053129)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

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 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Improvement Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 7,357 15,355 22,712
DEPRECIATION
At 1 January 2023 294 10,403 10,697
Charge for year 295 1,000 1,295
At 31 December 2023 589 11,403 11,992
NET BOOK VALUE
At 31 December 2023 6,768 3,952 10,720
At 31 December 2022 7,063 4,952 12,015

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 41,370 59,401
Other debtors 61,509 61,509
Directors' current accounts 9,631 11,902
VAT 7,373 -
Prepayments and accrued income 1,589 505
121,472 133,317

Express Surveyors Ltd (Registered number: NI053129)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) 10,000 10,000
Trade creditors 100,950 1,203
Tax (7,007 ) 17,928
Social security and other taxes (990 ) (167 )
VAT - 15,546
Other creditors 96,407 105,000
Directors' current accounts 2,000 -
Accruals and deferred income 2,235 33,238
203,595 182,748

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans (see note 8) 14,167 25,000

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,000 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 4,167 15,000

Express Surveyors Ltd (Registered number: NI053129)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. RELATED PARTY DISCLOSURES

During the financial year there was related party transactions, on which interest is charged and paid, as follows:-

20232022
££
Opening balance(11,902)520
Contributed36,56247,212
Repaid(32,291)(59,634)
Closing balance(7,631)(11,902)