Company Registration No. NI622857 (Northern Ireland)
Larkfield Properties Limited
Unaudited accounts
for the year ended 29 February 2024
Larkfield Properties Limited
Unaudited accounts
Contents
Larkfield Properties Limited
Company Information
for the year ended 29 February 2024
Directors
Mr Peter Michael Napier
Mrs Deirdre Cassidy
Mrs Allison Crawford
Company Number
NI622857 (Northern Ireland)
Registered Office
65 EGLANTINE AVENUE
BELFAST
BT9 6EW
Accountants
H Downey and Company
Incorporated Financial Accountants
65 Eglantine Avenue
Belfast
Antrim
BT9 6EW
Larkfield Properties Limited
Statement of financial position
as at 29 February 2024
Tangible assets
100,688
100,838
Cash at bank and in hand
40,167
44,797
Creditors: amounts falling due within one year
(11,100)
(15,077)
Net current assets
29,630
30,283
Total assets less current liabilities
130,318
131,121
Creditors: amounts falling due after more than one year
(289)
(291)
Net assets
130,029
130,830
Called up share capital
3
3
Profit and loss account
130,026
130,827
Shareholders' funds
130,029
130,830
For the year ending 29 February 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by
Mr Peter Michael Napier
Director
Company Registration No. NI622857
Larkfield Properties Limited
Notes to the Accounts
for the year ended 29 February 2024
Larkfield Properties Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI622857. The registered office is 65 EGLANTINE AVENUE, BELFAST, BT9 6EW.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
100,000
5,860
105,860
At 29 February 2024
100,000
5,860
105,860
At 1 March 2023
-
5,022
5,022
Charge for the year
-
150
150
At 29 February 2024
-
5,172
5,172
At 29 February 2024
100,000
688
100,688
At 28 February 2023
100,000
838
100,838
Amounts falling due within one year
Accrued income and prepayments
563
563
Larkfield Properties Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,100
14,077
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
289
291
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).