25 January 2023 false No description of principal activity Taxfiler 2024.5 NI694009business:PrivateLimitedCompanyLtd2023-01-252024-01-31 NI6940092023-01-24 NI6940092023-01-252024-01-31 NI694009business:AuditExemptWithAccountantsReport2023-01-252024-01-31 NI694009business:FilletedAccounts2023-01-252024-01-31 NI6940092024-01-31 NI694009business:Director12023-01-252024-01-31 NI694009business:Director22023-01-252024-01-31 NI694009business:RegisteredOffice2023-01-252024-01-31 NI694009core:WithinOneYear2024-01-31 NI694009core:AfterOneYear2024-01-31 NI694009core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 NI694009core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 NI694009core:PreviouslyStatedAmount2024-01-31 NI694009business:SmallEntities2023-01-252024-01-31 NI694009countries:NorthernIreland2023-01-252024-01-31 NI694009core:LandBuildings2023-01-252024-01-31 NI694009core:LandBuildings2023-01-24 NI694009core:LandBuildings2024-01-31 iso4217:GBP xbrli:pure
Company Registration No. NI694009 (Northern Ireland)
ASK NI PROPERTIES LTD Unaudited accounts for the period from 25 January 2023 to 31 January 2024
ASK NI PROPERTIES LTD Unaudited accounts Contents
Page
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ASK NI PROPERTIES LTD Company Information for the period from 25 January 2023 to 31 January 2024
Directors
Aiveen Elizabeth Kennedy Stephen Samuel Kennedy
Company Number
NI694009 (Northern Ireland)
Registered Office
14D CARMAVY ROAD NUTTS CORNER CRUMLIN BT29 4TF NORTHERN IRELAND
Accountants
DJB Accounting Ltd 34 Knockmoyle Drive Greystone Road Antrim BT41 1HE
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ASK NI PROPERTIES LTD Accountants' report
Accountants' report to the board of directors of ASK NI PROPERTIES LTD on the preparation of the unaudited statutory accounts for the period from 25 January 2023 to 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ASK NI PROPERTIES LTD for the period from 25 January 2023 to 31 January 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ASK NI PROPERTIES LTD, as a body, in accordance with the terms of our engagement letter dated 25 January 2023. Our work has been undertaken solely to prepare for your approval the accounts of ASK NI PROPERTIES LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ASK NI PROPERTIES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ASK NI PROPERTIES LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of ASK NI PROPERTIES LTD. You consider that ASK NI PROPERTIES LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of ASK NI PROPERTIES 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 accounts.
DJB Accounting Ltd 34 Knockmoyle Drive Greystone Road Antrim BT41 1HE 14 September 2024
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ASK NI PROPERTIES LTD Statement of financial position as at 31 January 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
185,000 
Current assets
Debtors
765 
Cash at bank and in hand
1,586 
2,351 
Creditors: amounts falling due within one year
(62,407)
Net current liabilities
(60,056)
Total assets less current liabilities
124,944 
Creditors: amounts falling due after more than one year
(130,220)
Net liabilities
(5,276)
Capital and reserves
Called up share capital
2 
Profit and loss account
(5,278)
Shareholders' funds
(5,276)
For the period ending 31 January 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 14 September 2024 and were signed on its behalf by
Aiveen Elizabeth Kennedy Director Company Registration No. NI694009
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ASK NI PROPERTIES LTD Notes to the Accounts for the period from 25 January 2023 to 31 January 2024
1
Statutory information
ASK NI PROPERTIES LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI694009. The registered office is 14D CARMAVY ROAD, NUTTS CORNER, CRUMLIN, BT29 4TF, NORTHERN IRELAND.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
Revalued every 4 years
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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ASK NI PROPERTIES LTD Notes to the Accounts for the period from 25 January 2023 to 31 January 2024
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 25 January 2023
- 
Additions
185,000 
At 31 January 2024
185,000 
Depreciation
At 31 January 2024
- 
Net book value
At 31 January 2024
185,000 
5
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
765 
6
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
8,709 
Loans from directors
53,698 
62,407 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
130,220 
8
Average number of employees
During the period the average number of employees was 2.
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