CREVENAGH PROPERTIES LIMITED

Company Registration Number:
NI642839 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 October 2024

Period of accounts

Start date: 31 October 2023

End date: 30 October 2024

CREVENAGH PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 October 2024

Balance sheet
Notes

CREVENAGH PROPERTIES LIMITED

Balance sheet

As at 30 October 2024


Notes

2024

2023


£

£
Current assets
Stocks: 422,591 1,097,784
Debtors:   1,175,747 631,608
Cash at bank and in hand: 100,451 44,039
Total current assets: 1,698,789 1,773,431
Creditors: amounts falling due within one year:   (366,604) (321,837)
Net current assets (liabilities): 1,332,185 1,451,594
Total assets less current liabilities: 1,332,185 1,451,594
Total net assets (liabilities): 1,332,185 1,451,594
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 1,332,182 1,451,591
Shareholders funds: 1,332,185 1,451,594

The notes form part of these financial statements

CREVENAGH PROPERTIES LIMITED

Balance sheet statements

For the year ending 30 October 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 10 February 2025
and signed on behalf of the board by:

Name: Mark Cuskeran
Status: Director

The notes form part of these financial statements

CREVENAGH PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 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 stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Other accounting policies

Stocks Stocks are stated at the lower of cost and net realisable value. Net realisable value is based on estimated selling price less further costs expected to be incurred to completion or disposal. Provision is made for obsolete, slow-moving or defective items where appropriate. Taxation Current tax, including UK corporation tax and foreign tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the Company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.

CREVENAGH PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 2024

2. Employees

2024 2023
Average number of employees during the period 3 3