Company Registration No. NI609171 (Northern Ireland)
Exorna Limited
Unaudited accounts
for the year ended 31 December 2024
Exorna Limited
Unaudited accounts
Contents
Exorna Limited
Company Information
for the year ended 31 December 2024
Directors
Jason Maguire
Lynn Maguire
Company Number
NI609171 (Northern Ireland)
Registered Office
170 Mussenden Road
Castlerock
Londonderry
BT51 4TX
Accountants
Campbell Ritchie Chartered Accountants Ltd
21 Warnocks Lane
Coleraine
Co. Londonderry
BT52 1TH
Exorna Limited
Statement of financial position
as at 31 December 2024
Tangible assets
481,308
502,530
Inventories
102,029
133,159
Cash at bank and in hand
(7,875)
(28,524)
Creditors: amounts falling due within one year
(129,289)
(94,393)
Net current assets
16,180
31,804
Net assets
497,488
534,334
Called up share capital
1,000
1,000
Profit and loss account
496,488
533,334
Shareholders' funds
497,488
534,334
For the year ending 31 December 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 23 April 2025 and were signed on its behalf by
Jason Maguire
Director
Company Registration No. NI609171
Exorna Limited
Notes to the Accounts
for the year ended 31 December 2024
Exorna Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI609171. The registered office is 170 Mussenden Road, Castlerock, Londonderry, BT51 4TX.
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:
Land & buildings
2% straight line for building (0% straight line for car park)
Plant & machinery
15% reducing balance
Motor vehicles
25% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
811,306
294,685
9,163
1,115,154
At 31 December 2024
811,306
294,685
9,163
1,115,154
At 1 January 2024
348,600
255,776
8,248
612,624
Charge for the year
15,080
5,836
306
21,222
At 31 December 2024
363,680
261,612
8,554
633,846
At 31 December 2024
447,626
33,073
609
481,308
At 31 December 2023
462,706
38,909
915
502,530
Exorna Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
17,026
16,716
Other debtors
34,289
4,846
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
58,496
65,762
Taxes and social security
6,155
6,362
Loans from directors
611
200
7
Average number of employees
During the year the average number of employees was 15 (2023: 15).