Company registration number:
NI652459
AUCTION ROOMS TYRONE LTD
UNAUDITED FILLETED FINANCIAL STATEMENTS
30 April 2024
AUCTION ROOMS TYRONE LTD
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024
_________________________________________________________________________________________
Contents
Directors and other information
Accountants report
Balance sheet and notes to the financial statements
AUCTION ROOMS TYRONE LTD
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024
_________________________________________________________________________________________
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Directors |
Mr Brian McAnenly |
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Mrs Jane McAnenly |
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Company number |
NI652459 |
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Registered office |
24 The Square |
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Moy |
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Tyrone |
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BT71 7SG |
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Business address |
24 The Square |
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Moy |
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Tyrone |
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BT71 7SG |
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Accountants |
Kelly & O'Neill Ltd |
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15E Molesworth Street |
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Cookstown |
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Co. Tyrone |
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BT80 8NX |
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AUCTION ROOMS TYRONE LTD
REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE
UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AUCTION ROOMS TYRONE LTD (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Auction Rooms Tyrone Ltd for the year ended 30 April 2024 which comprise the Balance Sheet and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the board of directors of Auction Rooms Tyrone Ltd, as a body, in accordance with the terms of our engagement letter dated 1 September 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Auction Rooms Tyrone Ltd and state those matters that we have agreed to state to the board of directors of Auction Rooms Tyrone Ltd as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Auction Rooms Tyrone Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Auction Rooms Tyrone Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Auction Rooms Tyrone Ltd. You consider that Auction Rooms Tyrone Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Auction Rooms Tyrone Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Kelly & O'Neill Ltd
15E Molesworth Street
Cookstown
Co. Tyrone
BT80 8NX
19 September 2024
AUCTION ROOMS TYRONE LTD
BALANCE SHEET
30 APRIL 2024
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2024 |
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2023 |
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£ |
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£ |
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Fixed assets |
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42,619 |
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8,452 |
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_______ |
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_______ |
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Current assets |
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226,318 |
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494,054 |
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Creditors: amounts falling due within one year |
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(
150,898) |
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(
161,691) |
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_______ |
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_______ |
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Net current assets |
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75,420 |
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332,363 |
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Total assets less current liabilities |
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118,039 |
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340,815 |
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Creditors: amounts falling due after more than one year |
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(
15,787) |
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(
26,251) |
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Accruals and deferred income |
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(
2,300) |
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(
2,300) |
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_______ |
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Net assets |
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99,952 |
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312,264 |
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Capital and reserves |
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99,952 |
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312,264 |
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_______ |
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Notes to the financial statements
AUCTION ROOMS TYRONE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
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1.
Employee numbers
The average number of persons employed by the company during the year amounted to
8
(2023:
5
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2024 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr Brian McAnenly |
(
32,595) |
31,960 |
(
635) |
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Mrs Jane McAnenly |
(
16,498) |
12,528 |
(
3,970) |
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_______ |
_______ |
_______ |
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(
49,093) |
44,488 |
(
4,605) |
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_______ |
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2023 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr Brian McAnenly |
(
27,055) |
(
5,540) |
(
32,595) |
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Mrs Jane McAnenly |
- |
(
16,498) |
(
16,498) |
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_______ |
_______ |
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(
27,055) |
(
22,038) |
(
49,093) |
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_______ |
_______ |
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For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
19 September 2024
, and are signed on behalf of the board by:
Mr Brian McAnenly
Director
Company registration number:
NI652459
The company is a private company limited by shares, registered in Northern Ireland.