1 February 2023 false No description of principal activity Taxfiler 2024.5 NI658593business:PrivateLimitedCompanyLtd2023-02-012024-01-31 NI6585932023-01-31 NI6585932023-02-012024-01-31 NI658593business:AuditExemptWithAccountantsReport2023-02-012024-01-31 NI658593business:FilletedAccounts2023-02-012024-01-31 NI6585932024-01-31 NI658593business:Director12023-02-012024-01-31 NI658593business:Director22023-02-012024-01-31 NI658593business:RegisteredOffice2023-02-012024-01-31 NI6585932023-01-31 NI658593core:WithinOneYear2024-01-31 NI658593core:WithinOneYear2023-01-31 NI658593core:AfterOneYear2024-01-31 NI658593core:AfterOneYear2023-01-31 NI658593core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 NI658593core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 NI658593core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 NI658593core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 NI658593core:PreviouslyStatedAmount2024-01-31 NI658593core:PreviouslyStatedAmount2023-01-31 NI658593business:SmallEntities2023-02-012024-01-31 NI658593countries:NorthernIreland2023-02-012024-01-31 NI658593core:PlantMachinery2023-02-012024-01-31 NI658593core:MotorVehicles2023-02-012024-01-31 NI658593core:FurnitureFittings2023-02-012024-01-31 NI658593core:ComputerEquipment2023-02-012024-01-31 NI658593core:IntangibleAssetsOtherThanGoodwill2023-01-31 NI658593core:IntangibleAssetsOtherThanGoodwill2024-01-31 NI658593core:LandBuildings2023-01-31 NI658593core:PlantMachinery2023-01-31 NI658593core:MotorVehicles2023-01-31 NI658593core:ComputerEquipment2023-01-31 NI658593core:LandBuildings2023-02-012024-01-31 NI658593core:LandBuildings2024-01-31 NI658593core:PlantMachinery2024-01-31 NI658593core:MotorVehicles2024-01-31 NI658593core:ComputerEquipment2024-01-31 NI6585932022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. NI658593 (Northern Ireland)
Graham Plant Painting Ltd Unaudited accounts for the year ended 31 January 2024
Graham Plant Painting Ltd Unaudited accounts Contents
Page
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Graham Plant Painting Ltd Company Information for the year ended 31 January 2024
Directors
Ben Graham Gail Graham
Company Number
NI658593 (Northern Ireland)
Registered Office
5 Glen Road Ballinaskeagh Banbridge Down BT32 5DY
Accountants
Beech Accounting Ltd 185 Magheralane Road Randalstown Antrim BT41 2PH
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Graham Plant Painting Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,904 
3,904 
Tangible assets
162,423 
171,412 
166,327 
175,316 
Current assets
Inventories
- 
7,295 
Debtors
79,020 
43,432 
Cash at bank and in hand
11,410 
36,365 
90,430 
87,092 
Creditors: amounts falling due within one year
(73,288)
(53,078)
Net current assets
17,142 
34,014 
Total assets less current liabilities
183,469 
209,330 
Creditors: amounts falling due after more than one year
(41,137)
(56,185)
Net assets
142,332 
153,145 
Capital and reserves
Called up share capital
(100)
(100)
Profit and loss account
142,432 
153,245 
Shareholders' funds
142,332 
153,145 
For the year 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 30 October 2024 and were signed on its behalf by
Ben Graham Director Company Registration No. NI658593
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Graham Plant Painting Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Graham Plant Painting Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI658593. The registered office is 5 Glen Road, Ballinaskeagh, Banbridge, Down, BT32 5DY.
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.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 February 2023
3,904 
At 31 January 2024
3,904 
Amortisation
At 1 February 2023
- 
At 31 January 2024
- 
Net book value
At 31 January 2024
3,904 
At 31 January 2023
3,904 
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Graham Plant Painting Ltd Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
100,000 
65,229 
65,364 
6,444 
237,037 
Additions
- 
5,378 
- 
1,239 
6,617 
At 31 January 2024
100,000 
70,607 
65,364 
7,683 
243,654 
Depreciation
At 1 February 2023
- 
32,985 
29,711 
2,929 
65,625 
Charge for the year
- 
7,524 
7,131 
951 
15,606 
At 31 January 2024
- 
40,509 
36,842 
3,880 
81,231 
Net book value
At 31 January 2024
100,000 
30,098 
28,522 
3,803 
162,423 
At 31 January 2023
100,000 
32,244 
35,653 
3,515 
171,412 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
79,020 
43,432 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
74 
Trade creditors
29,487 
29,234 
Taxes and social security
42,397 
36,201 
Loans from directors
504 
(13,331)
Accruals
900 
900 
73,288 
53,078 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
41,137 
56,185 
9
Average number of employees
During the year the average number of employees was 9 (2023: 9).
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