Company registration number:
NI689240
TORRENT PROPERTY LTD
Trading as
TORRENT PROPERTY LTD
Unaudited filleted financial statements
30 June 2024
TORRENT PROPERTY LTD
Contents
Directors and other information
Statement of financial position and notes to the financial statements
TORRENT PROPERTY LTD
Directors and other information
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Directors |
Mr James Canning |
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Mrs Maria Canning |
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Company number |
NI689240 |
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Registered office |
281 Coalisland Road |
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Dungannon |
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Tyrone |
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BT71 6ET |
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Business address |
281 Coalisland Road |
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Dungannon |
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Tyrone |
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BT71 6ET |
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Accountants |
Corr & Corr |
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2nd Floor, The Cornmill |
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Lineside, Coalisland |
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Dungannon |
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Tyrone |
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BT71 4LP |
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TORRENT PROPERTY LTD
Statement of financial position
30 June 2024
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30/06/24 |
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30/06/23 |
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£ |
£ |
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£ |
£ |
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Fixed assets |
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782,338 |
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556,125 |
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_______ |
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_______ |
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Current assets |
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21,821 |
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6,914 |
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Prepayments and accrued income |
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100 |
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100 |
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_______ |
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_______ |
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21,921 |
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7,014 |
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Creditors: amounts falling due within one year |
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(
780,209) |
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(
557,052) |
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_______ |
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_______ |
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Net current liabilities |
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(
758,288) |
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(
550,038) |
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_______ |
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_______ |
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Total assets less current liabilities |
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24,050 |
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6,087 |
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Accruals and deferred income |
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(
1,500) |
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(
1,500) |
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_______ |
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_______ |
Net assets |
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22,550 |
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4,587 |
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_______ |
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_______ |
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Capital and reserves |
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22,550 |
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4,587 |
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_______ |
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_______ |
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Notes to the financial statements
TORRENT PROPERTY LTD
Year ended 30 June 2024
1.
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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Year ended 30/06/24 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr James Canning |
(
556,000) |
(
220,000) |
(
776,000) |
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_______ |
_______ |
_______ |
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Period ended 30/06/23 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr James Canning |
- |
(
556,000) |
(
556,000) |
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_______ |
_______ |
_______ |
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For the year ending 30 June 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
14 October 2024
, and are signed on behalf of the board by:
Mr James Canning
Director
Company registration number:
NI689240
The company is a private company limited by shares, registered in Northern Ireland.