Company Registration No. NI681569 (Northern Ireland)
Kingstonford Developments Ltd
Unaudited accounts
for the year ended 31 August 2024
Kingstonford Developments Ltd
Unaudited accounts
Contents
Kingstonford Developments Ltd
Company Information
for the year ended 31 August 2024
Directors
S J Hynes
C J Meegan
C D O'Hanlon
Company Number
NI681569 (Northern Ireland)
Registered Office
c/o
SJK Chartered Accountants
8 Bridge Road
Moira
BT67 0PF
Accountants
SJK
8 Bridge Road
Moira
Co. Armagh
BT67 0PF
Kingstonford Developments Ltd
Statement of financial position
as at 31 August 2024
Investment property
144,503
141,354
Cash at bank and in hand
1,288
21,370
Creditors: amounts falling due within one year
(955)
(73)
Net current assets
333
21,297
Total assets less current liabilities
149,092
162,651
Creditors: amounts falling due after more than one year
(189,144)
(182,678)
Net liabilities
(40,052)
(20,027)
Called up share capital
150
150
Profit and loss account
(40,202)
(20,177)
Shareholders' funds
(40,052)
(20,027)
For the year ending 31 August 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 2 May 2025 and were signed on its behalf by
S J Hynes
Director
Company Registration No. NI681569
Kingstonford Developments Ltd
Notes to the Accounts
for the year ended 31 August 2024
Kingstonford Developments Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI681569. The registered office is c/o, SJK Chartered Accountants, 8 Bridge Road, Moira, BT67 0PF.
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:
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 September 2023
141,354
The directors consider that the above value of investment property represents the market value at 31 August 2024.
Kingstonford Developments Ltd
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
99,879
50,104
Loans from directors
2,486
32,574
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).