0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP NI615578 2023-04-01 2024-03-31 NI615578 2024-03-31 NI615578 2023-03-31 NI615578 2022-04-01 2023-03-31 NI615578 2023-03-31 NI615578 2022-03-31 NI615578 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 NI615578 bus:Director1 2023-04-01 2024-03-31 NI615578 core:WithinOneYear 2024-03-31 NI615578 core:WithinOneYear 2023-03-31 NI615578 bus:Micro-entities 2023-04-01 2024-03-31 NI615578 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 NI615578 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 NI615578 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI615578 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: NI615578
Loughran Commercials Ltd
Filleted Unaudited Financial Statements
31 March 2024
Loughran Commercials Ltd
Financial Statements
Year ended 31 March 2024
Contents
Page
Report to the director on the preparation of the unaudited statutory financial statements
1
Statement of financial position and the notes to the financial statements
2
Loughran Commercials Ltd
Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Loughran Commercials Ltd
Year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Loughran Commercials Ltd for the year ended 31 March 2024, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of Chartered Accountants Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie. This report is made solely to the director of Loughran Commercials Ltd. Our work has been undertaken solely to prepare for your approval the financial statements of Loughran Commercials Ltd and state those matters that we have agreed to state to you in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Loughran Commercials Ltd and its director for our work or for this report.
It is your duty to ensure that Loughran Commercials Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Loughran Commercials Ltd. You consider that Loughran Commercials Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Loughran Commercials Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
CLAREMOUNT Chartered accountants
1b Brookmount Crescent Omagh Co Tyrone BT78 5HG
5 March 2025
Loughran Commercials Ltd
Statement of Financial Position
31 March 2024
2024
2023
£
£
£
Fixed assets
51,385
58,631
--------
--------
Current assets
232,649
203,527
Creditors: amounts falling due within one year
142,727
140,876
---------
---------
Net current assets
89,922
62,651
---------
---------
Total assets less current liabilities
141,307
121,282
Accruals and deferred income
564
564
---------
---------
140,743
120,718
---------
---------
Capital and reserves
140,743
120,718
---------
---------
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 5 March 2025 , and are signed on behalf of the board by:
Mr P Loughran
Director
Company registration number: NI615578
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 18 Dunnamore Road, Cookstown, Co. Tyrone, BT80 9NR, N. Ireland.