DERRIAGHY INDUSTRIAL PARK LIMITED

Company Registration Number:
NI628719 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 April 2025

Period of accounts

Start date: 01 May 2024

End date: 30 April 2025

DERRIAGHY INDUSTRIAL PARK LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2025

Balance sheet
Notes

DERRIAGHY INDUSTRIAL PARK LIMITED

Balance sheet

As at 30 April 2025


Notes

2025

2024


£

£
Fixed assets
Tangible assets: 3 2,304,776 2,280,777
Total fixed assets: 2,304,776 2,280,777
Current assets
Debtors:   45,319 77,724
Cash at bank and in hand: 643,364 303,758
Total current assets: 688,683 381,482
Creditors: amounts falling due within one year:   (213,754) (194,619)
Net current assets (liabilities): 474,929 186,863
Total assets less current liabilities: 2,779,705 2,467,640
Creditors: amounts falling due after more than one year: 4 (60,749) (60,749)
Provision for liabilities: (21,726) (15,727)
Total net assets (liabilities): 2,697,230 2,391,164
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 2,697,229 2,391,163
Shareholders funds: 2,697,230 2,391,164

The notes form part of these financial statements

DERRIAGHY INDUSTRIAL PARK LIMITED

Balance sheet statements

For the year ending 30 April 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 June 2025
and signed on behalf of the board by:

Name: Trevor Wilson
Status: Director

The notes form part of these financial statements

DERRIAGHY INDUSTRIAL PARK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and Value Added Tax. Revenue is recognised when the significant risks and rewards of tenancy have transferred to the tenant; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant and machinery - 25% reducing balance Fixtures, fittings and equipment - 15 to 25% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates. Land and buildings are not depreciated as the residual value is expected to be no less than their historic cost as stated.

DERRIAGHY INDUSTRIAL PARK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

2. Employees

2025 2024
Average number of employees during the period 1 1

DERRIAGHY INDUSTRIAL PARK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

3. Tangible Assets

Total
Cost £
At 01 May 2024 2,359,902
Additions 41,583
At 30 April 2025 2,401,485
Depreciation
At 01 May 2024 79,125
Charge for year 17,584
At 30 April 2025 96,709
Net book value
At 30 April 2025 2,304,776
At 30 April 2024 2,280,777

DERRIAGHY INDUSTRIAL PARK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

4. Creditors: amounts falling due after more than one year note

Other creditors (loan from related party) - £60,749 (2024 - £60,749)

DERRIAGHY INDUSTRIAL PARK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

5. Related party transactions

Name of the related party: Wilson Steel Supplies & Services Ltd
Relationship:
Controlling party
Description of the Transaction: There were no repayments made during the year (2024 - £150,000 repaid) against the loan from Wilson Steel Supplies & Services Ltd, the entity who own the entire share capital of the company. No interest is charged on the balance of this loan and no formal structure is in place for its repayment.
£
Balance at 01 May 2024 60,749
Balance at 30 April 2025 60,749