BALLYSUGAGH LIMITED

Company Registration Number:
NI654202 (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

BALLYSUGAGH LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

BALLYSUGAGH LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 50,400 52,800
Tangible assets: 4 299,049 304,778
Investments:   0 0
Total fixed assets: 349,449 357,578
Current assets
Stocks: 19,435 20,302
Debtors:   0 335
Cash at bank and in hand: 292,995 256,923
Investments:   0 0
Total current assets: 312,430 277,560
Creditors: amounts falling due within one year:   (549,417) (533,917)
Net current assets (liabilities): (236,987) (256,357)
Total assets less current liabilities: 112,462 101,221
Creditors: amounts falling due after more than one year:   (15,880) (25,944)
Provision for liabilities: 0 0
Total net assets (liabilities): 96,582 75,277
Capital and reserves
Called up share capital: 360 360
Share premium account: 0 0
Profit and loss account: 96,222 74,917
Shareholders funds: 96,582 75,277

The notes form part of these financial statements

BALLYSUGAGH LIMITED

Balance sheet statements

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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 August 2024
and signed on behalf of the board by:

Name: Stephen Shields
Status: Director

The notes form part of these financial statements

BALLYSUGAGH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

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

BALLYSUGAGH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 35 37

BALLYSUGAGH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 60,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 60,000
Amortisation
At 01 January 2023 7,200
Charge for year 2,400
At 31 December 2023 9,600
Net book value
At 31 December 2023 50,400
At 31 December 2022 52,800

BALLYSUGAGH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 430,494
Additions 27,315
At 31 December 2023 457,809
Depreciation
At 01 January 2023 125,716
Charge for year 33,044
At 31 December 2023 158,760
Net book value
At 31 December 2023 299,049
At 31 December 2022 304,778

BALLYSUGAGH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: The director has transferred funds to the company. There were no new transactions during the year.
£
Balance at 01 January 2023 99,880
Balance at 31 December 2023 99,880
Name of the related party:
Relationship:
Company controlled by a director
Description of the Transaction: The related party transferred funds to the company. There were no new transactions during the year.
£
Balance at 01 January 2023 194,880
Balance at 31 December 2023 194,880
Name of the related party:
Relationship:
Company controlled by another director
Description of the Transaction: The related party transferred funds to the company. There were no new transactions during the year.
£
Balance at 01 January 2023 124,880
Balance at 31 December 2023 124,880