1 January 2023 false No description of principal activity Taxfiler 2024.5 NI636389business:PrivateLimitedCompanyLtd2023-01-012023-12-31 NI6363892022-12-31 NI6363892023-01-012023-12-31 NI636389business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 NI636389business:AbridgedAccounts2023-01-012023-12-31 NI6363892023-12-31 NI636389business:Director12023-01-012023-12-31 NI636389business:RegisteredOffice2023-01-012023-12-31 NI6363892022-12-31 NI636389core:WithinOneYear2023-12-31 NI636389core:WithinOneYear2022-12-31 NI636389core:AfterOneYear2023-12-31 NI636389core:AfterOneYear2022-12-31 NI636389core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 NI636389core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 NI636389core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 NI636389core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 NI636389core:PreviouslyStatedAmount2023-12-31 NI636389core:PreviouslyStatedAmount2022-12-31 NI636389business:SmallEntities2023-01-012023-12-31 NI636389countries:NorthernIreland2023-01-012023-12-31 NI636389core:PlantMachinery2023-01-012023-12-31 NI6363892022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. NI636389 (Northern Ireland)
Paul Cunningham Contracts Ltd Unaudited accounts for the year ended 31 December 2023
Paul Cunningham Contracts Ltd Unaudited accounts Contents
Page
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Paul Cunningham Contracts Ltd Company Information for the year ended 31 December 2023
Director
Paul Cunningham
Company Number
NI636389 (Northern Ireland)
Registered Office
60a Drumaroad Hill Castlewellan BT31 9PD
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Paul Cunningham Contracts Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
43,989 
48,877 
Current assets
Debtors
14,640 
7,168 
Cash at bank and in hand
3,872 
1,110 
18,512 
8,278 
Creditors: amounts falling due within one year
(119)
(291)
Net current assets
18,393 
7,987 
Total assets less current liabilities
62,382 
56,864 
Creditors: amounts falling due after more than one year
(85,012)
(82,881)
Net liabilities
(22,630)
(26,017)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(22,631)
(26,018)
Shareholders' funds
(22,630)
(26,017)
For the year ending 31 December 2023 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.
The members have agreed to the preparation of abridged accounts for the year 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 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 26 September 2024 and were signed on its behalf by
Paul Cunningham Director Company Registration No. NI636389
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Paul Cunningham Contracts Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Paul Cunningham Contracts Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI636389. The registered office is 60a Drumaroad Hill, Castlewellan, BT31 9PD.
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
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Reducing Balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2023
85,169 
At 31 December 2023
85,169 
Depreciation
At 1 January 2023
36,292 
Charge for the year
4,888 
At 31 December 2023
41,180 
Net book value
At 31 December 2023
43,989 
At 31 December 2022
48,877 
5
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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