2023-04-01 NI606565 2024-03-31 NI606565 2023-04-01 2024-03-31 NI606565 2023-03-31 NI606565 2022-04-01 2023-03-31 NI606565 uk-core:WithinOneYear 2023-03-31 NI606565 uk-core:WithinOneYear 2024-03-31 NI606565 uk-core:AfterOneYear 2023-03-31 NI606565 uk-core:AfterOneYear 2024-03-31 NI606565 uk-core:OtherMiscellaneousReserve 2024-03-31 NI606565 uk-bus:Director1 2023-04-01 2024-03-31 NI606565 uk-core:OfficeEquipment 2023-04-01 2024-03-31 NI606565 uk-core:FurnitureFittings 2023-04-01 2024-03-31 NI606565 uk-core:OfficeEquipment 2023-03-31 NI606565 uk-core:FurnitureFittings 2023-03-31 NI606565 uk-core:LandBuildings 2023-03-31 NI606565 uk-core:LandBuildings 2024-03-31 NI606565 uk-core:FurnitureFittings 2024-03-31 NI606565 uk-core:OfficeEquipment 2024-03-31 NI606565 uk-core:LandBuildings 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure NI606565 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 NI606565 uk-bus:FRS102 2023-04-01 2024-03-31 NI606565 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 NI606565 uk-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31
Redrock Development Partnership
Registered Number:NI606565
For the year ended 31 March 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 March 2024
Redrock Development Partnership
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI606565
As at 31 March 2024
Redrock Development Partnership
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
171,188
176,273
2
171,188
176,273
Current assets
17,589
Cash and cash equivalents
16,425
16,425
17,589
Trade and other payables: amounts falling due within one
year
(6,072)
(6,071)
3
11,517
10,354
Net current assets
Total assets less current liabilities
181,542
187,790
Trade and other payables: amounts falling due after more
than one year
(117,687)
(112,057)
4
69,485
Net assets
70,103
Capital and reserves
Other reserves
69,485
70,103
69,485
70,103
Members' Funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Mervyn John Dougan Director
These financial statements were approved and authorised for issue by the Board on 04 July 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2024
Redrock Development Partnership
Notes to the Financial Statements
Statutory Information
Redrock Development Partnership is a private limited company, limited by guarantee, domiciled in Northern Ireland,
registration number NI606565.
Registered address:
97 Redrock Road
Armagh
Armagh
BT60 2BN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
10 Reducing balance
Computer Equipment
15 Reducing balance
Furniture and Fittings
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 April 2023
196,797
414
14,704
181,679
At 31 March 2024
181,679
14,704
414
196,797
Provision for depreciation and impairment
At 01 April 2023
20,524
213
11,227
9,084
Charge for year
5,085
18
525
4,542
At 31 March 2024
25,609
231
11,752
13,626
At 31 March 2024
Net book value
168,053
2,952
183
171,188
At 31 March 2023
172,595
3,477
201
176,273
2 of 3
5
For the year ended 31 March 2024
Redrock Development Partnership
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Other creditors
6,071
6,072
4. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
112,057
117,687
5. Average number of persons employed
During the year the average number of employees was 0
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