1 June 2023 false No description of principal activity Taxfiler 2024.6 NI679202business:PrivateLimitedCompanyLtd2023-06-012024-05-31 NI6792022023-05-31 NI6792022023-06-012024-05-31 NI679202business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 NI679202business:AbridgedAccounts2023-06-012024-05-31 NI6792022024-05-31 NI679202business:Director12023-06-012024-05-31 NI679202business:RegisteredOffice2023-06-012024-05-31 NI6792022023-05-31 NI679202core:WithinOneYear2024-05-31 NI679202core:WithinOneYear2023-05-31 NI679202core:AfterOneYear2024-05-31 NI679202core:AfterOneYear2023-05-31 NI679202core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 NI679202core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 NI679202core:PreviouslyStatedAmount2024-05-31 NI679202core:PreviouslyStatedAmount2023-05-31 NI679202business:SmallEntities2023-06-012024-05-31 NI679202countries:NorthernIreland2023-06-012024-05-31 NI6792022022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. NI679202 (Northern Ireland)
Tully Contracts LTD Unaudited accounts for the year ended 31 May 2024
Tully Contracts LTD Unaudited accounts Contents
Page
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Tully Contracts LTD Company Information for the year ended 31 May 2024
Director
Adrian Smyth
Company Number
NI679202 (Northern Ireland)
Registered Office
100 MOORFIELDS ROAD BALLYMENA BT42 3HJ NORTHERN IRELAND
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Tully Contracts LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,775 
- 
Current assets
Cash at bank and in hand
43,567 
42,365 
Creditors: amounts falling due within one year
(4,997)
- 
Net current assets
38,570 
42,365 
Total assets less current liabilities
58,345 
42,365 
Creditors: amounts falling due after more than one year
(43,145)
(47,240)
Net assets/(liabilities)
15,200 
(4,875)
Capital and reserves
Profit and loss account
15,200 
(4,875)
Shareholders' funds
15,200 
(4,875)
For the year 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 director acknowledges his 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 the year in accordance with Section 444(2A).
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 and authorised for issue on 21 January 2025 and were signed on its behalf by
Adrian Smyth Director Company Registration No. NI679202
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Tully Contracts LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Tully Contracts LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI679202. The registered office is 100 MOORFIELDS ROAD, BALLYMENA, BT42 3HJ, NORTHERN IRELAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2023
- 
Additions
19,775 
At 31 May 2024
19,775 
Depreciation
At 31 May 2024
- 
Net book value
At 31 May 2024
19,775 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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