IRIS Accounts Production v25.1.3.33 NI052079 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI0520792024-03-31NI0520792025-03-31NI0520792024-04-012025-03-31NI0520792023-03-31NI0520792023-04-012024-03-31NI0520792024-03-31NI052079ns15:NorthernIreland2024-04-012025-03-31NI052079ns14:PoundSterling2024-04-012025-03-31NI052079ns10:Director12024-04-012025-03-31NI052079ns10:Director22024-04-012025-03-31NI052079ns10:CompanyLimitedByGuarantee2024-04-012025-03-31NI052079ns10:SmallEntities2024-04-012025-03-31NI052079ns10:AuditExemptWithAccountantsReport2024-04-012025-03-31NI052079ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-31NI052079ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-31NI052079ns10:FullAccounts2024-04-012025-03-31NI052079ns10:Director32024-04-012025-03-31NI052079ns10:Director42024-04-012025-03-31NI052079ns10:CompanySecretary12024-04-012025-03-31NI052079ns10:RegisteredOffice2024-04-012025-03-31NI052079ns5:CurrentFinancialInstruments2025-03-31NI052079ns5:CurrentFinancialInstruments2024-03-31NI052079ns5:RetainedEarningsAccumulatedLosses2025-03-31NI052079ns5:RetainedEarningsAccumulatedLosses2024-03-31NI052079ns5:FurnitureFittings2024-04-012025-03-31NI052079ns5:ComputerEquipment2024-04-012025-03-31NI052079ns5:FurnitureFittings2024-03-31NI052079ns5:ComputerEquipment2024-03-31NI052079ns5:FurnitureFittings2025-03-31NI052079ns5:ComputerEquipment2025-03-31NI052079ns5:FurnitureFittings2024-03-31NI052079ns5:ComputerEquipment2024-03-31
REGISTERED NUMBER: NI052079 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Salta Services (NI) Limited

Salta Services (NI) Limited (Registered number: NI052079)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3 to 4

Notes to the Financial Statements 5 to 8


Salta Services (NI) Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mrs M K Gilmore
Ms G Sherry-Bingham
Ms L Stuart
Ms J Stewart





SECRETARY: Ms G Sherry-Bingham





REGISTERED OFFICE: 7 Bachelors Walk
Lisburn
Co. Antrim
BT28 1XJ





REGISTERED NUMBER: NI052079 (Northern Ireland)





ACCOUNTANTS: Lynn Drake & Co Ltd
Chartered Accountants
1st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 0LE

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Salta Services (NI) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.


In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Statement of Financial Position as at 31 March 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.






Lynn Drake & Co Ltd
Chartered Accountants
1st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 0LE


28 May 2025

Salta Services (NI) Limited (Registered number: NI052079)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 704 1,410
Investment property 6 119,490 119,490
120,194 120,900

CURRENT ASSETS
Cash at bank 26 1,217

CREDITORS
Amounts falling due within one year 7 109,774 109,654
NET CURRENT LIABILITIES (109,748 ) (108,437 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,446

12,463

RESERVES
Income and expenditure account 10,446 12,463
10,446 12,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each 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.

Salta Services (NI) Limited (Registered number: NI052079)

Statement of Financial Position - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:




Ms G Sherry-Bingham - Director



Mrs M K Gilmore - Director


Salta Services (NI) Limited (Registered number: NI052079)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Salta Services (NI) Limited is a private company, limited by guarantee , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.

In respect of long-term contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on Reducing Balance
Equipment - 20% on Reducing Balance

Tangible Fixed Assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in surplus or deficit.

Financial instruments
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment ar recognised in the profit and loss account in other administrative expenses.


Salta Services (NI) Limited (Registered number: NI052079)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit and loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Salta Services (NI) Limited (Registered number: NI052079)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings Equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 3,787 14,304 18,091
DEPRECIATION
At 1 April 2024 3,787 12,894 16,681
Charge for year - 706 706
At 31 March 2025 3,787 13,600 17,387
NET BOOK VALUE
At 31 March 2025 - 704 704
At 31 March 2024 - 1,410 1,410

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 119,490
NET BOOK VALUE
At 31 March 2025 119,490
At 31 March 2024 119,490

During the year ended 31 March 2015 the company purchased an investment property at 7 Bachelors Walk, Lisburn, Co Antrim, BT28 1XJ. At 31 March 2023 the property has been valued at cost plus associated fees on purchase.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Atlas Womens Centre 106,954 106,954
Accruals and deferred income 2,820 2,700
109,774 109,654

Salta Services (NI) Limited (Registered number: NI052079)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. RELATED PARTY DISCLOSURES

Salta Services (NI) Limited is the landlord of Atlas Womens Centre.

Salta Services (NI) Limited was paid a total of £28,000 by Atlas Womens Centre for rent for the year ended 31 March 2025.

Salta Services (NI) Limited aslo paid £6,200 to Atlas Womens Centre during the period for bookkeeping and other administrative services.

Atlas Womens Centre is a registered charity in Northern Ireland.

9. LIMITED BY GUARANTEE

Salta Services (NI) Limited is a company limited by guarantee and accordingly does not have a share capital. Each member of the company has undertaken to contribute such amounts as will be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member or within one year after he or she ceases to be a member.