Company registration number:
NI059368
Carland Mill Limited
Unaudited filleted abridged financial statements
30 June 2024
Carland Mill Limited
Contents
Directors and other information
Accountants report
Abridged statement of financial position
Notes to the financial statements
Carland Mill Limited
Directors and other information
|
|
|
|
Directors |
G S Morrow |
|
|
J Morrow |
|
|
|
|
|
|
|
Secretary |
J Morrow |
|
|
|
|
|
|
|
Company number |
NI059368 |
|
|
|
|
|
|
|
Registered office |
6 Lisnagowan Road |
|
|
Dungannon |
|
|
Co Tyrone |
|
|
BT70 3LH |
|
|
|
|
|
|
|
Accountants |
ASM (D) Ltd |
|
|
79 Cunninghams Lane |
|
|
Dungannon |
|
|
Co Tyrone |
|
|
BT71 6BX |
|
|
|
Carland Mill Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Carland Mill Limited
Year ended 30 June 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 Carland Mill Limited for the year ended 30 June 2024 which comprise the abridged statement of financial position and related notes 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 board of directors of Carland Mill Limited, as a body, in accordance with the terms of our engagement letter dated 3 April 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Carland Mill Limited and state those matters that we have agreed to state to the board of directors of Carland Mill Limited as a body, 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 Carland Mill Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Carland Mill Limited 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 Carland Mill Limited. You consider that Carland Mill Limited 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 Carland Mill Limited. 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.
ASM (D) Ltd
79 Cunninghams Lane
Dungannon
Co Tyrone
BT71 6BX
4 March 2025
Carland Mill Limited
Abridged statement of financial position
30 June 2024
|
|
|
2024 |
|
|
|
2023 |
|
|
|
|
Note |
£ |
|
£ |
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
|
|
|
|
|
|
|
Intangible assets |
|
5 |
- |
|
|
|
- |
|
|
Tangible assets |
|
6 |
81,435 |
|
|
|
118,495 |
|
|
|
|
|
________ |
|
|
|
________ |
|
|
|
|
|
|
|
81,435 |
|
|
|
118,495 |
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
Stocks |
|
|
25,560 |
|
|
|
166,546 |
|
|
Debtors |
|
|
761,308 |
|
|
|
623,481 |
|
|
Investments |
|
7 |
1,829,764 |
|
|
|
1,622,460 |
|
|
Cash at bank and in hand |
|
|
959,789 |
|
|
|
881,734 |
|
|
|
|
|
________ |
|
|
|
________ |
|
|
|
|
|
3,576,421 |
|
|
|
3,294,221 |
|
|
Creditors: amounts falling due |
|
|
|
|
|
|
|
|
|
within one year |
|
|
(
327,986) |
|
|
|
(
324,999) |
|
|
|
|
|
________ |
|
|
|
________ |
|
|
Net current assets |
|
|
|
|
3,248,435 |
|
|
|
2,969,222 |
|
|
|
|
|
________ |
|
|
|
________ |
Total assets less current liabilities |
|
|
|
|
3,329,870 |
|
|
|
3,087,717 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Provisions for liabilities |
|
|
|
|
(
14,701) |
|
|
|
(
22,657) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
________ |
|
|
|
________ |
Net assets |
|
|
|
|
3,315,169 |
|
|
|
3,065,060 |
|
|
|
|
|
________ |
|
|
|
________ |
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
|
|
|
|
|
|
Called up share capital |
|
|
|
|
300 |
|
|
|
300 |
Profit and loss account |
|
|
|
|
3,314,869 |
|
|
|
3,064,760 |
|
|
|
|
|
________ |
|
|
|
________ |
Shareholders funds |
|
|
|
|
3,315,169 |
|
|
|
3,065,060 |
|
|
|
|
|
________ |
|
|
|
________ |
|
|
|
|
|
|
|
|
|
|
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors 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 directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the
board of directors
and authorised for issue on
04 March 2025
, and are signed on behalf of the board by:
G S Morrow
Director
Company registration number:
NI059368
Carland Mill Limited
Notes to the financial statements
Year ended 30 June 2024
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 6 Lisnagowan Road, Dungannon, Co Tyrone, BT70 3LH.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
|
|
|
|
|
Short leasehold property |
- |
6.66 % |
straight line |
|
Plant and machinery |
- |
20 % |
straight line |
|
Fittings fixtures and equipment |
- |
20 % |
straight line |
|
Power generation plant |
- |
10 % |
straight line |
|
|
|
|
|
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2023:
5
).
5.
Intangible assets
|
|
|
|
|
|
|
|
|
£ |
|
|
|
|
|
Cost |
|
|
|
|
|
|
At 1 July 2023 and 30 June 2024 |
105,000 |
|
|
|
|
|
|
________ |
|
|
|
|
|
Amortisation |
|
|
|
|
|
|
At 1 July 2023 and 30 June 2024 |
105,000 |
|
|
|
|
|
|
________ |
|
|
|
|
|
Carrying amount |
|
|
|
|
|
|
At 30 June 2024 |
- |
|
|
|
|
|
|
________ |
|
|
|
|
|
At 30 June 2023 |
- |
|
|
|
|
|
|
________ |
|
|
|
|
|
|
|
|
|
|
|