BLACK LOUGH PROPERTIES LTD

Company Registration Number:
NI658530 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

BLACK LOUGH PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

BLACK LOUGH PROPERTIES LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 600,000 526,401
Total fixed assets: 600,000 526,401
Current assets
Debtors:   11,278 9,484
Cash at bank and in hand: 87,388 80,931
Total current assets: 98,666 90,415
Creditors: amounts falling due within one year:   (294,269) (307,031)
Net current assets (liabilities): (195,603) (216,616)
Total assets less current liabilities: 404,397 309,785
Total net assets (liabilities): 404,397 309,785
Capital and reserves
Called up share capital: 6 6
Profit and loss account: 404,391 309,779
Shareholders funds: 404,397 309,785

The notes form part of these financial statements

BLACK LOUGH PROPERTIES LTD

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 October 2024
and signed on behalf of the board by:

Name: Mr S McPeake
Status: Director

The notes form part of these financial statements

BLACK LOUGH PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

BLACK LOUGH PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

BLACK LOUGH PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 526,401
Additions 73,599
At 31 January 2024 600,000
Net book value
At 31 January 2024 600,000
At 31 January 2023 526,401