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REGISTERED NUMBER: NI035625 (Northern Ireland)












Belfast Containers (Ni) 2000 Ltd

Unaudited Financial Statements for the Year Ended 30th June 2024






Belfast Containers (Ni) 2000 Ltd (Registered number: NI035625)






Contents of the Financial Statements
for the year ended 30th June 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


Belfast Containers (Ni) 2000 Ltd

Company Information
for the year ended 30th June 2024







Directors: Mrs M Smyth
Mr G Smyth



Secretary: Mr G Smyth



Registered office: Oakmont House
2 Queens Road
Lisburn
BT27 4TZ



Registered number: NI035625 (Northern Ireland)



Accountants: Exchange Accountants Limited
Chartered Certified Accountants
Oakmont House
2 Queens Road
Lisburn
BT27 4TZ



Bankers: Danske Bank
39 Mallusk Road
Newtownabbey
Antrim
BT36 4PP

Belfast Containers (Ni) 2000 Ltd (Registered number: NI035625)

Balance Sheet
30th June 2024

2024 2023
Notes £    £   
Fixed assets
Tangible assets 4 45,439 85,585

Current assets
Debtors 5 302,919 320,341
Cash at bank 1,158,026 955,719
1,460,945 1,276,060
Creditors
Amounts falling due within one year 6 (152,633 ) (91,488 )
Net current assets 1,308,312 1,184,572
Total assets less current liabilities 1,353,751 1,270,157

Provisions for liabilities (11,360 ) (16,261 )
Net assets 1,342,391 1,253,896

Capital and reserves
Called up share capital 10 10
Retained earnings 1,342,381 1,253,886
1,342,391 1,253,896

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

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

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 26th February 2025 and were signed on its behalf by:




Mrs M Smyth - Director


Belfast Containers (Ni) 2000 Ltd (Registered number: NI035625)

Notes to the Financial Statements
for the year ended 30th June 2024

1. Statutory information

Belfast Containers (Ni) 2000 Ltd 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 and machinery - 20% Straight line
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 7 (2023 - 8 ) .

Belfast Containers (Ni) 2000 Ltd (Registered number: NI035625)

Notes to the Financial Statements - continued
for the year ended 30th June 2024

4. Tangible fixed assets
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
Cost
At 1st July 2023
and 30th June 2024 10,000 746,087 5,665 47,655 809,407
Depreciation
At 1st July 2023 - 695,087 4,880 23,855 723,822
Charge for year - 34,000 196 5,950 40,146
At 30th June 2024 - 729,087 5,076 29,805 763,968
Net book value
At 30th June 2024 10,000 17,000 589 17,850 45,439
At 30th June 2023 10,000 51,000 785 23,800 85,585

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 176,142 203,543
Amounts owed by associates 49,453 49,453
Other debtors 77,324 67,345
302,919 320,341

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 52,863 51,056
Taxation and social security 88,398 30,295
Other creditors 11,372 10,137
152,633 91,488

7. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30th June 2024 and 30th June 2023:

2024 2023
£    £   
Mr F P Smyth
Balance outstanding at start of year (65 ) (360 )
Amounts advanced 11,536 31,295
Amounts repaid (13,332 ) (31,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,861 ) (65 )