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REGISTERED NUMBER: NI034183 (Northern Ireland)














Unaudited Financial Statements

for the Year Ended 31 May 2024

for

SLANEY PARK ENTERPRISES LIMITED

SLANEY PARK ENTERPRISES LIMITED (REGISTERED NUMBER: NI034183)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SLANEY PARK ENTERPRISES LIMITED

Company Information
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: S G Hayes
P T Hayes
E P J Hayes
C J P Hayes
B M P Hayes





SECRETARY: B M P Hayes





REGISTERED OFFICE: Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Down
BT30 6DS





REGISTERED NUMBER: NI034183 (Northern Ireland)





ACCOUNTANTS: M.B.McGrady & Co
Chartered Accountants
Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Down
BT30 6DS

SLANEY PARK ENTERPRISES LIMITED (REGISTERED NUMBER: NI034183)

Abridged Balance Sheet
31 MAY 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 528,907 527,819

CURRENT ASSETS
Stocks 25,338 21,511
Debtors 1,422 1,779
Cash at bank 5,131 65,820
31,891 89,110
CREDITORS
Amounts falling due within one year 135,862 163,622
NET CURRENT LIABILITIES (103,971 ) (74,512 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

424,936

453,307

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 5 355,324 355,324
Retained earnings 69,602 97,973
SHAREHOLDERS' FUNDS 424,936 453,307

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

SLANEY PARK ENTERPRISES LIMITED (REGISTERED NUMBER: NI034183)

Abridged Balance Sheet - continued
31 MAY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by:




B M P Hayes - Director



P T Hayes - Director


SLANEY PARK ENTERPRISES LIMITED (REGISTERED NUMBER: NI034183)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Slaney Park Enterprises Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Plant & Machinery - 20% on reducing balance
Fixtures and Fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

SLANEY PARK ENTERPRISES LIMITED (REGISTERED NUMBER: NI034183)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 648,664
Additions 3,365
At 31 May 2024 652,029
DEPRECIATION
At 1 June 2023 120,845
Charge for year 2,277
At 31 May 2024 123,122
NET BOOK VALUE
At 31 May 2024 528,907
At 31 May 2023 527,819

5. RESERVES
Revaluation
reserve
£   
At 1 June 2023
and 31 May 2024 355,324

6. RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken which are required to be disclosed under Financial Reporting Standard 8.