Company Registration No. NI697353 (Northern Ireland)
Glenboe Contracts Ltd
Unaudited accounts
for the period from 1 July 2024 to 31 March 2025
Glenboe Contracts Ltd
Unaudited accounts
Contents
Glenboe Contracts Ltd
Company Information
for the period from 1 July 2024 to 31 March 2025
Company Number
NI697353 (Northern Ireland)
Registered Office
1 Railway Side
Glenravel Road
Martinstown
Ballymena
County Antrim
BT43 6QZ
Northern Ireland
Accountants
KEVIN HIGGINS FCA
9 KNOCKANULLY ROAD
MARTINSTOWN
BALLYMENA
ANTRIM
BT43 7LZ
Accountants' report to the Board of Directors on the unaudited financial statements of Glenboe Contracts Ltd for the period from 1 July 2024 to 31 March 2025
In accordance with our engagement letter dated 19 June 2025, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made solely 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 Chartered Accountants 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 balance sheet for the period from 1 July 2024 to 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.
KEVIN HIGGINS FCA
Chartered Accountants
9 KNOCKANULLY ROAD
MARTINSTOWN
BALLYMENA
ANTRIM
BT43 7LZ
20 June 2025
Glenboe Contracts Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
13,418
Creditors: amounts falling due within one year
(23,759)
Total assets less current liabilities
295,454
Creditors: amounts falling due after more than one year
(119,521)
Profit and loss account
175,933
Shareholders' funds
175,933
For the period ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 20 June 2025 and were signed on its behalf by
Patrick Bell
Director
Company Registration No. NI697353
Glenboe Contracts Ltd
Notes to the Accounts
for the period from 1 July 2024 to 31 March 2025
Glenboe Contracts Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI697353. The registered office is 1 Railway Side, Glenravel Road, Martinstown, Ballymena, County Antrim, BT43 6QZ, Northern Ireland.
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 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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 July 2024
113,155
217,995
331,150
Additions
-
168,112
168,112
Disposals
-
(147,595)
(147,595)
At 31 March 2025
113,155
238,512
351,667
At 1 July 2024
-
77,112
77,112
Charge for the period
-
29,814
29,814
On disposals
-
(20,825)
(20,825)
At 31 March 2025
-
86,101
86,101
At 31 March 2025
113,155
152,411
265,566
Glenboe Contracts Ltd
Notes to the Accounts
for the period from 1 July 2024 to 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
Taxes and social security
9,354
7
Creditors: amounts falling due after more than one year
2025
Obligations under finance leases and hire purchase contracts
90,750
8
Average number of employees
During the period the average number of employees was 2.