1 March 2023 false No description of principal activity Taxfiler 2024.5 NI636324business:PrivateLimitedCompanyLtd2023-03-012024-02-29 NI6363242023-02-28 NI6363242023-03-012024-02-29 NI636324business:AuditExemptWithAccountantsReport2023-03-012024-02-29 NI636324business:FilletedAccounts2023-03-012024-02-29 NI6363242024-02-29 NI636324business:Director12023-03-012024-02-29 NI636324business:Director22023-03-012024-02-29 NI636324business:Director32023-03-012024-02-29 NI636324business:RegisteredOffice2023-03-012024-02-29 NI6363242023-02-28 NI636324core:WithinOneYear2024-02-29 NI636324core:WithinOneYear2023-02-28 NI636324core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 NI636324core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 NI636324core:PreviouslyStatedAmount2024-02-29 NI636324core:PreviouslyStatedAmount2023-02-28 NI636324business:SmallEntities2023-03-012024-02-29 NI636324countries:NorthernIreland2023-03-012024-02-29 NI6363242022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. NI636324 (Northern Ireland)
The Old Mill Management Company (Newtownabbey) Limited Unaudited accounts for the year ended 29 February 2024
The Old Mill Management Company (Newtownabbey) Limited Unaudited accounts Contents
Page
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The Old Mill Management Company (Newtownabbey) Limited Company Information for the year ended 29 February 2024
Directors
Ronald Quinn Simon Thompson Alison Galbraith
Company Number
NI636324 (Northern Ireland)
Registered Office
34 WESLEYDALE BALLYCLARE BT39 9WD NORTHERN IRELAND
Accountants
DJB Accounting Ltd 34 Knockmoyle Drive Greystone Road Antrim BT41 1HE
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The Old Mill Management Company (Newtownabbey) Limited Accountants' report
Accountants' report to the board of directors of The Old Mill Management Company (Newtownabbey) Limited on the preparation of the unaudited statutory accounts for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Old Mill Management Company (Newtownabbey) Limited for the year ended 29 February 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 The Old Mill Management Company (Newtownabbey) Limited, as a body, in accordance with the terms of our engagement letter dated 12 December 2021. Our work has been undertaken solely to prepare for your approval the accounts of The Old Mill Management Company (Newtownabbey) Limited 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 The Old Mill Management Company (Newtownabbey) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Old Mill Management Company (Newtownabbey) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Old Mill Management Company (Newtownabbey) Limited. You consider that The Old Mill Management Company (Newtownabbey) Limited 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 accounts of The Old Mill Management Company (Newtownabbey) Limited. 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 28 September 2024
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The Old Mill Management Company (Newtownabbey) Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
(30)
- 
Current assets
Debtors
4,098 
- 
Cash at bank and in hand
2,998 
3,853 
7,096 
3,853 
Creditors: amounts falling due within one year
(276)
(827)
Net current assets
6,820 
3,026 
Net assets
6,790 
3,026 
Capital and reserves
Profit and loss account
6,790 
3,026 
Shareholders' funds
6,790 
3,026 
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 28 September 2024 and were signed on its behalf by
Ronald Quinn Director Company Registration No. NI636324
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The Old Mill Management Company (Newtownabbey) Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
The Old Mill Management Company (Newtownabbey) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI636324. The registered office is 34 WESLEYDALE, BALLYCLARE, BT39 9WD, 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 remained unchanged from the previous year, and also 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.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
4,098 
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
611 
Loans from directors
- 
1 
Accruals
276 
215 
276 
827 
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The Old Mill Management Company (Newtownabbey) Limited Notes to the Accounts for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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