BrightAccountsProduction v1.0.0 v1.0.0 2024-02-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company continued to be retail. 20 June 2025 82 75 NI606047 2025-01-31 NI606047 2024-01-31 NI606047 2023-01-31 NI606047 2024-02-01 2025-01-31 NI606047 2023-02-01 2024-01-31 NI606047 uk-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 NI606047 uk-curr:PoundSterling 2024-02-01 2025-01-31 NI606047 uk-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 NI606047 uk-bus:AbridgedAccounts 2024-02-01 2025-01-31 NI606047 uk-core:ShareCapital 2025-01-31 NI606047 uk-core:ShareCapital 2024-01-31 NI606047 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 NI606047 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 NI606047 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-01-31 NI606047 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-01-31 NI606047 uk-bus:FRS102 2024-02-01 2025-01-31 NI606047 uk-core:PlantMachinery 2024-02-01 2025-01-31 NI606047 uk-core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 NI606047 uk-core:MotorVehicles 2024-02-01 2025-01-31 NI606047 2024-02-01 2025-01-31 NI606047 uk-bus:Director1 2024-02-01 2025-01-31 NI606047 uk-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
Company Registration Number: NI606047
 
 
Boyles Ballycastle Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 January 2025
Boyles Ballycastle Ltd
Company Registration Number: NI606047
ABRIDGED BALANCE SHEET
as at 31 January 2025

2025 2024
Notes £ £
 
Fixed Assets
Intangible assets 4 149,441 149,441
Tangible assets 5 323,597 286,291
───────── ─────────
Fixed Assets 473,038 435,732
───────── ─────────
 
Current Assets
Stocks 156,231 151,093
Debtors 132,036 146,667
Cash at bank and in hand 39,681 63,380
───────── ─────────
327,948 361,140
───────── ─────────
Creditors: amounts falling due within one year (288,128) (305,484)
───────── ─────────
Net Current Assets 39,820 55,656
───────── ─────────
Total Assets less Current Liabilities 512,858 491,388
 
Creditors:
amounts falling due after more than one year (76,213) (85,781)
───────── ─────────
Net Assets 436,645 405,607
═════════ ═════════
 
Capital and Reserves
Called up share capital 2 2
Retained earnings 436,643 405,605
───────── ─────────
Shareholders' Funds 436,645 405,607
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 31 January 2025 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.
           
Approved by the Board and authorised for issue on 20 June 2025 and signed on its behalf by
           
           
________________________________          
Ronan Boyle          
Director          
           



Boyles Ballycastle Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 January 2025

   
1. General Information
 
Boyles Ballycastle Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI606047. The registered office of the company is 2 Church Street, Ballygawley, Co. Tyrone, BT70 2HB, Northern Ireland. The nature of the company's operations and its principal activities are set out in the Directors' Report.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 January 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Intangible assets
 
Liquor Licence
Liquor Licence are valued at cost less accumulated amortisation.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 15% reducing balance
  Fixtures, fittings and equipment - 15% reducing balance
  Motor vehicles - 25% reducing balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Stocks
Stocks are valued at the lower of cost and net realisable value.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 82, (2024 - 75).
 
  2025 2024
  Number Number
 
Employees 82 75
  ═════════ ═════════
       
4. Intangible assets
  Liquor Licence  
    Total
  £ £
Cost
At 1 February 2024 149,441 149,441
  ───────── ─────────
 
At 31 January 2025 149,441 149,441
  ───────── ─────────
Net book value
At 31 January 2025 149,441 149,441
  ═════════ ═════════
At 31 January 2024 149,441 149,441
  ═════════ ═════════
           
5. Tangible assets
  Plant and Fixtures, Motor Total
  machinery fittings and vehicles  
    equipment    
  £ £ £ £
Cost
At 1 February 2024 408,197 187,058 79,955 675,210
Additions 55,260 5,550 30,690 91,500
Disposals (9,598) (3,300) (9,300) (22,198)
  ───────── ───────── ───────── ─────────
At 31 January 2025 453,859 189,308 101,345 744,512
  ───────── ───────── ───────── ─────────
Depreciation
At 1 February 2024 245,811 92,708 50,400 388,919
Charge for the financial year 33,306 11,283 6,911 51,500
On disposals (8,179) (2,723) (8,602) (19,504)
  ───────── ───────── ───────── ─────────
At 31 January 2025 270,938 101,268 48,709 420,915
  ───────── ───────── ───────── ─────────
Net book value
At 31 January 2025 182,921 88,040 52,636 323,597
  ═════════ ═════════ ═════════ ═════════
At 31 January 2024 162,386 94,350 29,555 286,291
  ═════════ ═════════ ═════════ ═════════
       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 January 2025.
   
7. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.