BrightAccountsProduction v1.0.0 v1.0.0 2023-06-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is managing property at 21-25 Talbot Street, Belfast. 25 February 2025 3 3 NI628880 2024-05-31 NI628880 2023-05-31 NI628880 2022-05-31 NI628880 2023-06-01 2024-05-31 NI628880 2022-06-01 2023-05-31 NI628880 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 NI628880 uk-curr:PoundSterling 2023-06-01 2024-05-31 NI628880 uk-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 NI628880 uk-bus:FullAccounts 2023-06-01 2024-05-31 NI628880 uk-bus:Director1 2023-06-01 2024-05-31 NI628880 uk-bus:Director2 2023-06-01 2024-05-31 NI628880 uk-bus:Director3 2023-06-01 2024-05-31 NI628880 uk-bus:CompanySecretary1 2023-06-01 2024-05-31 NI628880 uk-bus:RegisteredOffice 2023-06-01 2024-05-31 NI628880 uk-bus:Agent1 2023-06-01 2024-05-31 NI628880 uk-core:ShareCapital 2024-05-31 NI628880 uk-core:ShareCapital 2023-05-31 NI628880 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 NI628880 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 NI628880 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-05-31 NI628880 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-05-31 NI628880 uk-bus:FRS102 2023-06-01 2024-05-31 NI628880 uk-core:CurrentFinancialInstruments 2024-05-31 NI628880 uk-core:CurrentFinancialInstruments 2023-05-31 NI628880 uk-core:WithinOneYear 2024-05-31 NI628880 uk-core:WithinOneYear 2023-05-31 NI628880 2023-06-01 2024-05-31 NI628880 uk-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
Company Registration Number: NI628880
 
 
Talbot CQ Management Company Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 May 2024
Talbot CQ Management Company Limited
Directors and Other Information

 
Directors Anthony McCarthy
Joan McCoy
Mervyn Logan
 
 
Company Secretary Victoria Gibson
 
 
Company Registration Number NI628880
 
 
Registered Office and Business Address 21 Talbot Street
Belfast
BT1 2LD
 
 
Accountants HCA Chartered Accountants Ltd
Chartered Accountants
12 Cromac Place
The Gasworks
Belfast
Co. Antrim
BT7 2JB
Northern Ireland
 
   
Solicitors Crawford Lockhart Black
  7-11 Linenhall Street
  Belfast
  Co. Antrim
  BT2 8AA
  Northern Ireland



Talbot CQ Management Company Limited
Company Registration Number: NI628880
Balance Sheet
as at 31 May 2024

2024 2023
Notes £ £
 
Current Assets
Debtors 4 15,417 20,920
Creditors: amounts falling due within one year 5 (15,389) (20,892)
───────── ─────────
Net Current Assets 28 28
───────── ─────────
Total Assets less Current Liabilities 28 28
═════════ ═════════
 
Capital and Reserves
Called up share capital 20 20
Retained earnings 8 8
───────── ─────────
Equity attributable to owners of the company 28 28
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
For the financial year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 25 February 2025 and signed on its behalf by
           
           
________________________________          
Anthony McCarthy          
Director          
           



Talbot CQ Management Company Limited
Notes to the Financial Statements
for the financial year ended 31 May 2024

   
1. General Information
 
Talbot CQ Management Company Limited is a private company limited by shares incorporated in Northern Ireland. 21 Talbot Street, Belfast, BT1 2LD is the registered office, which is also the principal place of business of the company. The principal activity of the company is managing property at 21-25 Talbot Street, Belfast. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 May 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of services supplied by the company, exclusive of trade discounts and value added tax.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company does not operate a pension scheme as, other than its unpaid directors, it has no employees.
 
Taxation
HMRC has confirmed, in a letter dated 2 December 2016, that subject to certain conditions - the main ones being any liability to corporation tax would be less than ?100 and no dividends are paid - that the company does not need to submit a Corporation Tax Return until notified.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 3, (2023 - 3).
 
  2024 2023
  Number Number
 
Directors 3 3
  ═════════ ═════════
       
4. Debtors 2024 2023
  £ £
 
Trade debtors 8,865 20,920
Other debtors 6,552 -
  ───────── ─────────
  15,417 20,920
  ═════════ ═════════
       
5. Creditors 2024 2023
Amounts falling due within one year £ £
 
Trade creditors 3,211 2,334
Amounts owed to related parties (Note 7) - 5,000
Other creditors - 3,118
Accruals 12,178 10,440
  ───────── ─────────
  15,389 20,892
  ═════════ ═════════
       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 May 2024.
           
7. Related party transactions
 
      2024 2023
      £ £
 
Finance amounts owed to related parties     - 5,000
 
During the year ended May 2023, the company received a loan of £5,000 from Ducales Trading No. 9 Limited which is a related party. This loan was fully repaid in the current period.
   
8. Controlling interest
 
There is no one controlling party. 100% of the "A" voting shares are held by a single shareholder but that company owns none of the "B" voting shares.
   
9. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the year end.
       
10. Share capital
 
Authorised, issued and fully paid up share capital comprises:
 
  2024 2023
  £ £
 
"A" Ordinary shares of £1 each 10 10
"B" Ordinary shares of £1 each 10 10
  ───────── ─────────
  20 20
  ═════════ ═════════
 
Both classes of share rank pari passu in all respects.