JOHN LYNCH ASSOCIATES LTD

Company Registration Number:
NI610636 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

JOHN LYNCH ASSOCIATES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

JOHN LYNCH ASSOCIATES LTD

Company Information

for the Period Ended 31 December 2023




Director: John Lynch
Registered office: 3
Waterloo Gardens
Belfast
Antrim
BT15 4EX
Company Registration Number: NI610636 (Northern Ireland)

JOHN LYNCH ASSOCIATES LTD

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 18,246 69,410
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 46,235 ) ( 54,727 )
Operating Profit or (Loss) ( 27,989 ) 14,683
Interest Payable and Similar Charges ( 198 ) ( 207 )
Profit or (Loss) Before Tax ( 28,187 ) 14,476
Tax on Profit ( 0 ) ( 3,395 )
Profit or (Loss) for Period ( 28,187 ) 11,081

The notes form part of these financial statements

JOHN LYNCH ASSOCIATES LTD

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 0 2,500
Total fixed assets: 0 2,500
Current assets
Stocks: 0 0
Debtors: 0 12,080
Cash at bank and in hand: 21,615 51,995
Total current assets: 21,615 64,075
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 2,392 )
Net current assets (liabilities): 21,615 61,683
Total assets less current liabilities: 21,615 64,183
Creditors: amounts falling due after more than one year: ( 0 ) ( 3,381 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 21,615 60,802

The notes form part of these financial statements

JOHN LYNCH ASSOCIATES LTD

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 21,515 60,702
Shareholders funds: 21,615 60,802

For the year ending 31 December 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 September 2024
And Signed On Behalf Of The Board By:

Name: John Lynch
Status: Director

The notes form part of these financial statements

JOHN LYNCH ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JOHN LYNCH ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

JOHN LYNCH ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

JOHN LYNCH ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 January 2023 0
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 December 2023 0
    Amortisation
    Amortisation at 01 January 2023 0
    Charge for year 0
    On disposals -
    Other adjustments -
    Amortisation at 31 December 2023 0
    Net book value
    Net book value at 31 December 2023 0
    Net book value at 31 December 2022 0

JOHN LYNCH ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Tangible Assets

Total
Cost £
At 01 January 2023 2,500
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2023 2,500
Depreciation
At 01 January 2023 -
Charge for year 2,500
On disposals -
Other adjustments -
At 31 December 2023 2,500
Net book value
At 31 December 2023 0
At 31 December 2022 2,500