NEIL CASEY LTD

Company Registration Number:
NI690748 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

NEIL CASEY LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

NEIL CASEY LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 8,721 4,171
Total fixed assets: 8,721 4,171
Current assets
Stocks: 37,430 19,280
Debtors:   16,999 11,219
Cash at bank and in hand: 35,923 21,826
Total current assets: 90,352 52,325
Creditors: amounts falling due within one year:   (74,745) (51,468)
Net current assets (liabilities): 15,607 857
Total assets less current liabilities: 24,328 5,028
Total net assets (liabilities): 24,328 5,028
Capital and reserves
Called up share capital: 101 101
Profit and loss account: 24,227 4,927
Shareholders funds: 24,328 5,028

The notes form part of these financial statements

NEIL CASEY LTD

Balance sheet statements

For the year ending 31 August 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 24 April 2025
and signed on behalf of the board by:

Name: Neil Casey
Status: Director

The notes form part of these financial statements

NEIL CASEY LTD

Notes to the Financial Statements

for the Period Ended 31 August 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

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows: Plant & machinery 20% Reducing Balance Fixtures, fittings & equipment 10% Reducing Balance The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

NEIL CASEY LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

NEIL CASEY LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 5,112
Additions 6,260
At 31 August 2024 11,372
Depreciation
At 01 September 2023 941
Charge for year 1,710
At 31 August 2024 2,651
Net book value
At 31 August 2024 8,721
At 31 August 2023 4,171