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Company Registration No. NI666795 (Northern Ireland)
Claremont Real Estate Limited Unaudited accounts for the year ended 31 January 2024
Claremont Real Estate Limited Unaudited accounts Contents
Page
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Claremont Real Estate Limited Company Information for the year ended 31 January 2024
Directors
Dermott Farrell Paul Thornton Steven Flannery
Company Number
NI666795 (Northern Ireland)
Registered Office
Suite 3 The Exchange Goban Street Portadown Armagh BT63 5AG N Ireland
Accountants
Martina Harbinson 2 Kiln Lodge Lurgan Craigavon Armagh BT66 6HT
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Claremont Real Estate Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,879 
14,849 
Current assets
Debtors
614,698 
932,846 
Cash at bank and in hand
32,226 
97,547 
646,924 
1,030,393 
Creditors: amounts falling due within one year
(154,480)
(271,647)
Net current assets
492,444 
758,746 
Net assets
504,323 
773,595 
Capital and reserves
Called up share capital
100,000 
100,000 
Profit and loss account
404,323 
673,595 
Shareholders' funds
504,323 
773,595 
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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
Steven Flannery Director Company Registration No. NI666795
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Claremont Real Estate Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Claremont Real Estate Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI666795. The registered office and principal place of business is Suite 3 The Exchange, Goban Street, Portadown, Armagh, BT63 5AG, N 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.
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:
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2023
22,184 
At 31 January 2024
22,184 
Depreciation
At 1 February 2023
7,335 
Charge for the year
2,970 
At 31 January 2024
10,305 
Net book value
At 31 January 2024
11,879 
At 31 January 2023
14,849 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100,000 Ordinary shares of £1 each
100,000 
100,000 
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Claremont Real Estate Limited Notes to the Accounts for the year ended 31 January 2024
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors Loan advanced
752,816 
- 
315,128 
437,688 
752,816 
- 
315,128 
437,688 
Included within Debtors are directors loans advanced with Interest charged at HMRC official interest rate
7
Average number of employees
During the year the average number of employees was 6 (2023: 4).
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