1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-05-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP NI619555 2023-05-01 2024-04-30 NI619555 2024-04-30 NI619555 2023-04-30 NI619555 2022-05-01 2023-04-30 NI619555 2023-04-30 NI619555 2022-04-30 NI619555 core:PlantMachinery 2023-05-01 2024-04-30 NI619555 core:FurnitureFittings 2023-05-01 2024-04-30 NI619555 bus:RegisteredOffice 2023-05-01 2024-04-30 NI619555 bus:LeadAgentIfApplicable 2023-05-01 2024-04-30 NI619555 bus:Director1 2023-05-01 2024-04-30 NI619555 bus:CompanySecretary1 2023-05-01 2024-04-30 NI619555 core:PlantMachinery 2023-04-30 NI619555 core:PlantMachinery 2024-04-30 NI619555 core:FurnitureFittings 2024-04-30 NI619555 core:WithinOneYear 2024-04-30 NI619555 core:WithinOneYear 2023-04-30 NI619555 core:ShareCapital 2024-04-30 NI619555 core:ShareCapital 2023-04-30 NI619555 core:RetainedEarningsAccumulatedLosses 2024-04-30 NI619555 core:RetainedEarningsAccumulatedLosses 2023-04-30 NI619555 core:PlantMachinery 2023-04-30 NI619555 bus:SmallEntities 2023-05-01 2024-04-30 NI619555 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 NI619555 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 NI619555 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 NI619555 bus:FullAccounts 2023-05-01 2024-04-30
COMPANY REGISTRATION NUMBER: NI619555
Allengrove Professional Services Ltd
Filleted Unaudited Financial Statements
For the year ended
30 April 2024
Allengrove Professional Services Ltd
Financial Statements
Year ended 30 April 2024
Contents
Page
Officers and professional advisers
1
Chartered accountants report to the director on the preparation of the unaudited statutory financial statements
2
Statement of financial position
3
Notes to the financial statements
5
Allengrove Professional Services Ltd
Officers and Professional Advisers
Director
Connor Hatchell
Company secretary
Connor Hatchell
Registered office
6 SIlverwood Leaves
Lurgan
Craigavon
Northern Ireland
BT66 6LB
Accountants
Henry Murray & Company Ltd.
Chartered Accountants
23 Church Place,
Lurgan,
Co. Armagh.
N. Ireland
BT66 6EY
Allengrove Professional Services Ltd
Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Allengrove Professional Services Ltd
Year ended 30 April 2024
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 30 April 2024, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Henry Murray & Company Ltd. Chartered Accountants
23 Church Place, Lurgan, Co. Armagh. N. Ireland BT66 6EY
16 January 2025
Allengrove Professional Services Ltd
Statement of Financial Position
30 April 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
5
3,174
2,849
Current assets
Debtors
6
177,475
143,491
Cash at bank and in hand
222,531
170,607
---------
---------
400,006
314,098
Creditors: amounts falling due within one year
7
64,780
51,822
---------
---------
Net current assets
335,226
262,276
---------
---------
Total assets less current liabilities
338,400
265,125
---------
---------
Net assets
338,400
265,125
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
338,300
265,025
---------
---------
Shareholders funds
338,400
265,125
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Allengrove Professional Services Ltd
Statement of Financial Position (continued)
30 April 2024
These financial statements were approved by the board of directors and authorised for issue on 16 January 2025 , and are signed on behalf of the board by:
Connor Hatchell
Director
Company registration number: NI619555
Allengrove Professional Services Ltd
Notes to the Financial Statements
Year ended 30 April 2024
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 6 SIlverwood Leaves, Lurgan, Craigavon, Northern Ireland, BT66 6LB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
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. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and Machinery
-
20% straight line
Fixtures & Fittings
-
20% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Tangible assets
Plant and machinery
Fixtures and fittings
Total
£
£
£
Cost
At 1 May 2023
14,116
14,116
Additions
942
258
1,200
--------
----
--------
At 30 April 2024
15,058
258
15,316
--------
----
--------
Depreciation
At 1 May 2023
11,267
11,267
Charge for the year
866
9
875
--------
----
--------
At 30 April 2024
12,133
9
12,142
--------
----
--------
Carrying amount
At 30 April 2024
2,925
249
3,174
--------
----
--------
At 30 April 2023
2,849
2,849
--------
----
--------
6. Debtors
2024
2023
£
£
Trade debtors
14,400
10,416
Other debtors
163,075
133,075
---------
---------
177,475
143,491
---------
---------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
37,656
21,488
Social security and other taxes
7,766
6,636
Sundry Creditors
246
Other creditors
19,112
23,698
--------
--------
64,780
51,822
--------
--------
8. Related party transactions
The company was under the control of Mr Hatchell throughout the current year. Mr Hatchell is the managing director and majority shareholder. During the year Allengrove Professional Services Ltd made advances in the amount of £30,000 to Allengrove Property Services Ltd, a company in which Mr Hatchell is also a Director. The amount due from Allengrove Property Services at the year end is £163,075.