Company Registration No. NI696933 (Northern Ireland)
GRACEHILL PROPERTY INVESTMENTS LIMITED
Unaudited accounts
for the period from 5 May 2023 to 31 May 2024
GRACEHILL PROPERTY INVESTMENTS LIMITED
Unaudited accounts
Contents
GRACEHILL PROPERTY INVESTMENTS LIMITED
Company Information
for the period from 5 May 2023 to 31 May 2024
Directors
C Selwood
M Selwood
S Selwood
Company Number
NI696933 (Northern Ireland)
Registered Office
83 Gracefield
Gracehill
Ballymena
BT42 2RP
Accountants
SJK
8 Bridge Road
Moira
Co. Armagh
BT67 0PF
GRACEHILL PROPERTY INVESTMENTS LIMITED
Statement of financial position
as at 31 May 2024
Investment property
130,005
Cash at bank and in hand
36
Creditors: amounts falling due within one year
(566)
Net current liabilities
(380)
Total assets less current liabilities
129,625
Creditors: amounts falling due after more than one year
(142,689)
Called up share capital
150
Profit and loss account
(13,214)
Shareholders' funds
(13,064)
For the period ending 31 May 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 31 January 2025 and were signed on its behalf by
C Selwood
Director
Company Registration No. NI696933
GRACEHILL PROPERTY INVESTMENTS LIMITED
Notes to the Accounts
for the period from 5 May 2023 to 31 May 2024
GRACEHILL PROPERTY INVESTMENTS LIMITED is a private company, limited by shares, registered in Northern Ireland, registration number NI696933. The registered office is 83 Gracefield, Gracehill, Ballymena, BT42 2RP.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The directors consider that the above value of investment property represents the market value at 31 May 2024.
Amounts falling due after more than one year
Amounts due from group undertakings etc.
150
6
Creditors: amounts falling due within one year
2024
7
Creditors: amounts falling due after more than one year
2024
Amounts owed to group undertakings and other participating interests
7,606
8
Average number of employees
During the period the average number of employees was 3.