NEWMILLS EQUIPMENT SALES (NI) LTD

Company Registration Number:
NI662707 (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

NEWMILLS EQUIPMENT SALES (NI) LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

NEWMILLS EQUIPMENT SALES (NI) LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 10,000 12,000
Tangible assets: 4 1,972,066 1,072,867
Total fixed assets: 1,982,066 1,084,867
Current assets
Stocks: 185,000 184,000
Debtors:   11,140 5,272
Cash at bank and in hand: 18,368 32,970
Total current assets: 214,508 222,242
Creditors: amounts falling due within one year:   (582,318) (259,865)
Net current assets (liabilities): (367,810) (37,623)
Total assets less current liabilities: 1,614,256 1,047,244
Creditors: amounts falling due after more than one year:   (1,082,048) (649,613)
Total net assets (liabilities): 532,208 397,631
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 532,198 397,621
Shareholders funds: 532,208 397,631

The notes form part of these financial statements

NEWMILLS EQUIPMENT SALES (NI) 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 16 August 2024
and signed on behalf of the board by:

Name: David McKeown
Status: Director

The notes form part of these financial statements

NEWMILLS EQUIPMENT SALES (NI) 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

NEWMILLS EQUIPMENT SALES (NI) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

NEWMILLS EQUIPMENT SALES (NI) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 20,000
At 30 June 2024 20,000
Amortisation
At 01 July 2023 8,000
Charge for year 2,000
At 30 June 2024 10,000
Net book value
At 30 June 2024 10,000
At 30 June 2023 12,000

NEWMILLS EQUIPMENT SALES (NI) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 1,149,772
Additions 1,108,972
At 30 June 2024 2,258,744
Depreciation
At 01 July 2023 76,905
Charge for year 209,773
At 30 June 2024 286,678
Net book value
At 30 June 2024 1,972,066
At 30 June 2023 1,072,867