Company Registration No. NI628200 (Northern Ireland)
Solid Screeds NI Ltd
Unaudited accounts
for the year ended 31 March 2025
Solid Screeds NI Ltd
Unaudited accounts
Contents
Solid Screeds NI Ltd
Company Information
for the year ended 31 March 2025
Company Number
NI628200 (Northern Ireland)
Registered Office
5 CREWE DRIVE
MAGHERA
COUNTY LONDONDERRY
BT46 5EZ
Solid Screeds NI Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
48,887
62,156
Cash at bank and in hand
5,265
28,952
Creditors: amounts falling due within one year
(6,582)
(9,847)
Net current assets
58,750
48,130
Total assets less current liabilities
107,637
110,286
Creditors: amounts falling due after more than one year
(39,788)
(43,121)
Called up share capital
1
(1)
Profit and loss account
67,848
67,166
Shareholders' funds
67,849
67,165
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 April 2025 and were signed on its behalf by
Proinsias McCann
Director
Company Registration No. NI628200
Solid Screeds NI Ltd
Notes to the Accounts
for the year ended 31 March 2025
Solid Screeds NI Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI628200. The registered office is 5 CREWE DRIVE, MAGHERA, COUNTY LONDONDERRY, BT46 5EZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
102,110
26,950
129,060
At 31 March 2025
110,860
26,950
137,810
At 1 April 2024
57,118
9,786
66,904
Charge for the year
16,629
5,390
22,019
At 31 March 2025
73,747
15,176
88,923
At 31 March 2025
37,113
11,774
48,887
At 31 March 2024
44,992
17,164
62,156
Amounts falling due within one year
Other debtors
48,841
29,025
Solid Screeds NI Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,120
3,228
Obligations under finance leases and hire purchase contracts
3,462
6,619
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
27,219
27,525
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).