CLONFAD ENTERPRISES LTD

Company Registration Number:
NI072543 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

CLONFAD ENTERPRISES LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

CLONFAD ENTERPRISES LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 100,000 100,000
Tangible assets: 4 9,729 5,709
Total fixed assets: 109,729 105,709
Current assets
Stocks: 280,922 274,859
Debtors: 5 4,685 15,834
Cash at bank and in hand: 256,200 276,437
Total current assets: 541,807 567,130
Creditors: amounts falling due within one year: 6 (495,146) (552,667)
Net current assets (liabilities): 46,661 14,463
Total assets less current liabilities: 156,390 120,172
Total net assets (liabilities): 156,390 120,172
Capital and reserves
Called up share capital: 400 400
Profit and loss account: 155,990 119,772
Shareholders funds: 156,390 120,172

The notes form part of these financial statements

CLONFAD ENTERPRISES LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 March 2025
and signed on behalf of the board by:

Name: Peter McEntee
Status: Director

The notes form part of these financial statements

CLONFAD ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CLONFAD ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 12 12

CLONFAD ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 200,000
At 30 June 2024 200,000
Amortisation
At 01 July 2023 100,000
At 30 June 2024 100,000
Net book value
At 30 June 2024 100,000
At 30 June 2023 100,000

CLONFAD ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 15,936
Additions 5,100
At 30 June 2024 21,036
Depreciation
At 01 July 2023 10,227
Charge for year 1,080
At 30 June 2024 11,307
Net book value
At 30 June 2024 9,729
At 30 June 2023 5,709

CLONFAD ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

CLONFAD ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due within one year note

BANK LOANS AND OVERDRAFTS 20706 TRADE CREDITORS 80027 CORPORATION TAX 19522 OTHER TAXES 5587 OTHER CREDITORS 369304 TOTAL 495146