Company registration number:
NI631621
TOWN LETS LTD
UNAUDITED FILLETED FINANCIAL STATEMENTS
30 June 2024
TOWN LETS LTD
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
_________________________________________________________________________________________
Contents
Directors and other information
Accountants report
Balance sheet and notes to the financial statements
TOWN LETS LTD
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
_________________________________________________________________________________________
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Directors |
Mr Martin Conway |
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Mr Peter Conway |
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Mr Daniel Conway |
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Mr Declan Conway |
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Mr Gary Conway |
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Company number |
NI631621 |
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Registered office |
140 Moneymore Road |
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Cookstown |
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Tyrone |
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BT80 9UU |
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Business address |
140 Moneymore Road |
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Cookstown |
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Tyrone |
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BT80 9UU |
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Accountants |
Kelly & O'Neill Ltd |
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15e Molesworth Street |
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Cookstown |
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Tyrone |
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BT80 8NX |
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TOWN LETS LTD
REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE
UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TOWN LETS LTD (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Town Lets Ltd for the year ended 30 June 2024 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the board of directors of Town Lets Ltd, as a body, in accordance with the terms of our engagement letter dated 1 March 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Town Lets Ltd and state those matters that we have agreed to state to the board of directors of Town Lets Ltd as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Town Lets Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Town Lets Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Town Lets Ltd. You consider that Town Lets Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Town Lets Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Kelly & O'Neill Ltd
15e Molesworth Street
Cookstown
Tyrone
BT80 8NX
17 April 2025
TOWN LETS LTD
BALANCE SHEET
30 JUNE 2024
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2024 |
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2023 |
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£ |
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£ |
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Fixed assets |
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477,230 |
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697,230 |
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_______ |
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_______ |
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Current assets |
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442,714 |
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309,639 |
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Creditors: amounts falling due within one year |
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(
365,713) |
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(
513,496) |
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_______ |
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_______ |
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Net current assets/(liabilities) |
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77,001 |
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(
203,857) |
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_______ |
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Total assets less current liabilities |
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554,231 |
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493,373 |
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Creditors: amounts falling due after more than one year |
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(
132,068) |
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(
181,099) |
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Accruals and deferred income |
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(
1,720) |
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(
1,600) |
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_______ |
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Net assets |
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420,443 |
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310,674 |
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_______ |
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Capital and reserves |
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420,443 |
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310,674 |
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_______ |
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_______ |
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Notes to the financial statements
TOWN LETS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
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1.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2023:
2
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2024 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr Martin Conway |
(
369,243) |
146,091 |
(
223,152) |
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Mr Peter Conway |
(
14,472) |
5,599 |
(
8,873) |
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Mr Daniel Conway |
(
23,998) |
4,030 |
(
19,968) |
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Mr Declan Conway |
(
34,625) |
(
6,000) |
(
40,625) |
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Mr Gary Conway |
(
419) |
419 |
- |
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_______ |
_______ |
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(
442,757) |
150,139 |
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292,618) |
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_______ |
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2023 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr Martin Conway |
(
369,243) |
- |
(
369,243) |
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Mr Peter Conway |
(
15,075) |
603 |
(
14,472) |
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Mr Daniel Conway |
(
23,540) |
(
458) |
(
23,998) |
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Mr Declan Conway |
(
34,263) |
(
362) |
(
34,625) |
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Mr Gary Conway |
(
419) |
- |
(
419) |
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_______ |
_______ |
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(
442,540) |
(
217) |
(
442,757) |
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_______ |
_______ |
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For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
17 April 2025
, and are signed on behalf of the board by:
Mr Martin Conway
Mr Peter Conway
Director
Director
Company registration number:
NI631621
The company is a private company limited by shares, registered in Northern Ireland.