BrightAccountsProduction v1.0.0 v1.0.0 2023-07-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts FRS 105 Accounts The principal activity of the company is that of construction of domestic buildings and development. 29 April 2025 2 2 NI662076 2024-06-30 NI662076 2023-06-30 NI662076 2022-06-30 NI662076 2023-07-01 2024-06-30 NI662076 2022-07-01 2023-06-30 NI662076 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 NI662076 uk-curr:PoundSterling 2023-07-01 2024-06-30 NI662076 uk-bus:AbridgedAccounts 2023-07-01 2024-06-30 NI662076 uk-core:CapitalReserve 2024-06-30 NI662076 uk-core:CapitalReserve 2023-06-30 NI662076 2023-07-01 2024-06-30 NI662076 uk-bus:Director1 2023-07-01 2024-06-30 NI662076 uk-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 NI662076 uk-bus:Micro-entities 2023-07-01 2024-06-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI662076
 
 
SOM Properties No.1 (N.I.) Ltd
 
Unaudited Financial Statements
 
for the financial year ended 30 June 2024
SOM Properties No.1 (N.I.) Ltd
Company Registration Number: NI662076
STATEMENT OF FINANCIAL POSITION
as at 30 June 2024

    2024   2023
  £   £
 
Fixed Assets 5,880   7,840
  ─────────   ─────────
Current assets 560,219   810,327
Creditors: amounts falling due within one year (811,264)   (1,028,089)
  ─────────   ─────────
Net Current Liabilities (251,045)   (217,762)
  ─────────   ─────────
Total Assets less Current Liabilities (245,165)   (209,922)
Accruals and deferred income -   (16,048)
  ─────────   ─────────
Net Liabilities (245,165)   (225,970)
  ═════════   ═════════
 
Capital and Reserves (245,165)   (225,970)
  ═════════   ═════════
 
Notes to the Financial statements
   
1. General Information
 
SOM Properties (NI) No.1 Ltd is a company limited by shares incorporated in Northern Ireland. 16 Mount Charles Belfast BT7 1NZ is the registered office of the company. 5 Creagh Business park Antrim BT41 3UF is the principal place of business. The registration number is NI662076. The financial statements have been presented in pound sterling (£) which is also the functional currency of the company.
       
2. Employees
 
The average monthly number of employees, including directors, during the period was 2 (2023: 2).
 
  2024 2023
  Number Number
 
Employees 2 2
  ═════════ ═════════
     
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
 
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
 
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
 
These financial statements have been prepared in accordance with the provisions available to micro-entities in Part 15 of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
 
The company has taken advantage of the exemption under section 444 not to file the Directors' Report, Income Statement.
 
Approved by the Board on 29 April 2025 and signed on its behalf by:
 
 
   
________________________________  
Mr Seamus Murray  
Director