Caseware UK (AP4) 2024.0.164 2024.0.164 trueNo description of principal activity2024-01-011false1falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false NI069378 2024-01-01 2024-12-31 NI069378 2023-01-01 2023-12-31 NI069378 2024-12-31 NI069378 2023-12-31 NI069378 c:Director1 2024-01-01 2024-12-31 NI069378 d:CurrentFinancialInstruments 2024-12-31 NI069378 d:CurrentFinancialInstruments 2023-12-31 NI069378 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 NI069378 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 NI069378 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 NI069378 d:RetainedEarningsAccumulatedLosses 2024-12-31 NI069378 d:RetainedEarningsAccumulatedLosses 2023-12-31 NI069378 c:FRS102 2024-01-01 2024-12-31 NI069378 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 NI069378 c:FullAccounts 2024-01-01 2024-12-31 NI069378 c:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 NI069378 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: NI069378










N.I. Polymers Association Ltd
(A company limited by guarantee)








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 December 2024

 
N.I. Polymers Association Ltd
  
(A company limited by guarantee)
Registered number:NI069378

Balance sheet
As at 31 December 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 6 
-
135

Cash at bank and in hand
 7 
31,620
34,588

  
31,620
34,723

Creditors: amounts falling due within one year
 8 
(2,285)
(1,735)

Net current assets
  
 
 
29,335
 
 
32,988

Total assets less current liabilities
  
29,335
32,988

  

Net assets
  
29,335
32,988


Capital and reserves
  

Profit and loss account
 9 
29,335
32,988

  
29,335
32,988


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N.I. Polymers Association Ltd
  
(A company limited by guarantee)
Registered number:NI069378

Balance sheet (continued)
As at 31 December 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 March 2025.




Mr Richard J Bovill
Director

The notes on pages 3 to 4 form part of these financial statements.

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N.I. Polymers Association Ltd
 
(A company limited by guarantee)
 
 
Notes to the financial statements
For the year ended 31 December 2024

1.


General information

N.I. Polymers Association Ltd is a private company limited by guarantee incorporated in Northern Ireland. The registration number and address of the registered office are given in the company information section of these financial statements. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.


3.


Going concern

The Directors of N.I. Polymers Association Ltd have reviewed the appropriateness of the going concern assumption and consider that the company has sufficient resources to continue as a trading entity for the foreseeable future.


4.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the process of applying the company’s accounting policies, management has not made any significant judgments. There are no key assumptions concerning the future or other key sources of estimation, that have significant risk of raising a material adjustment to the carrying amounts of assets and liabilities within the financial year.  

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N.I. Polymers Association Ltd
 
(A company limited by guarantee)
 
 
Notes to the financial statements
For the year ended 31 December 2024

5.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


6.


Debtors

2024
2023
£
£


Other debtors
-
135

-
135



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
31,620
34,588

31,620
34,588



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
635
-

Accruals and deferred income
1,650
1,735

2,285
1,735



9.


Reserves

Profit and loss account

This balance includes all prior and current periods retained profits and losses.



10.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

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