Academy Apartments Limited NI020844 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of residential property management agent Digita Accounts Production Advanced 6.30.9574.0 true NI020844 2023-04-01 2024-03-31 NI020844 2024-03-31 NI020844 bus:OrdinaryShareClass1 2024-03-31 NI020844 core:CurrentFinancialInstruments 2024-03-31 NI020844 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 NI020844 bus:SmallEntities 2023-04-01 2024-03-31 NI020844 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 NI020844 bus:FilletedAccounts 2023-04-01 2024-03-31 NI020844 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 NI020844 bus:RegisteredOffice 2023-04-01 2024-03-31 NI020844 bus:Director5 2023-04-01 2024-03-31 NI020844 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 NI020844 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI020844 countries:NorthernIreland 2023-04-01 2024-03-31 NI020844 2022-04-01 2023-03-31 NI020844 2023-03-31 NI020844 bus:OrdinaryShareClass1 2023-03-31 NI020844 core:CurrentFinancialInstruments 2023-03-31 NI020844 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: NI020844

Academy Apartments Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Academy Apartments Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Academy Apartments Limited

(Registration number: NI020844)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

280

120

Cash at bank and in hand

 

4,464

5,524

 

4,744

5,644

Creditors: Amounts falling due within one year

5

(384)

(372)

Net assets

 

4,360

5,272

Capital and reserves

 

Called up share capital

6

6

6

Retained earnings

4,354

5,266

Shareholders' funds

 

4,360

5,272

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 September 2024 and signed on its behalf by:
 

.........................................
Sean McKenna
Director

 

Academy Apartments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
27A Church Road
Gracehill
Ballymena
Co Antrim
BT42 2NL

These financial statements were authorised for issue by the Board on 24 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4

Debtors

Current

2024
£

2023
£

Other debtors

280

120

 

280

120

 

Academy Apartments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

384

372

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

6

6

6

6