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REGISTERED NUMBER: NI030357 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Southlink Fellowship Limited

Southlink Fellowship Limited (Registered number: NI030357)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Southlink Fellowship Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Ms E Quinn
D G Murray





SECRETARY: Ms E Quinn





REGISTERED OFFICE: 16 South Link
Belfast
Co. Antrim
BT11 8GX





REGISTERED NUMBER: NI030357 (Northern Ireland)





ACCOUNTANTS: Toman Accountancy Services Ltd
Unit HF 9, Twin Spires Complex
Howard Buildings
155 Northumberland Street
Belfast
Antrim
BT13 2JF

Southlink Fellowship Limited (Registered number: NI030357)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 210,318 212,805

CURRENT ASSETS
Debtors 5 26,109 26,005
Cash at bank 7,328 -
33,437 26,005
CREDITORS
Amounts falling due within one year 6 18,832 11,365
NET CURRENT ASSETS 14,605 14,640
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,923

227,445

CREDITORS
Amounts falling due after more than one
year

7

17,145

17,145
NET ASSETS 207,778 210,300

RESERVES
Income and expenditure account 207,778 210,300
207,778 210,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each 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.

Southlink Fellowship Limited (Registered number: NI030357)

Statement of Financial Position - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:





D G Murray - Director


Southlink Fellowship Limited (Registered number: NI030357)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Southlink Fellowship Limited is a private company, limited by guarantee , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - not provided

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

Southlink Fellowship Limited (Registered number: NI030357)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 256,348 49,776 306,124
Disposals - (49,776 ) (49,776 )
At 31 March 2024 256,348 - 256,348
DEPRECIATION
At 1 April 2023 46,030 47,289 93,319
Eliminated on disposal - (47,289 ) (47,289 )
At 31 March 2024 46,030 - 46,030
NET BOOK VALUE
At 31 March 2024 210,318 - 210,318
At 31 March 2023 210,318 2,487 212,805

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 26,109 26,005

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 105 105
Other creditors 18,727 11,260
18,832 11,365

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other creditors 17,145 17,145