CLANMIL DEVELOPMENTS LIMITED

Company Registration Number:
NI610587 (Northern Ireland)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

CLANMIL DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CLANMIL DEVELOPMENTS LIMITED

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The company's principal activity is the provision of property development services to Clanmil Housing Association Limited.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

ANDREW GREGORY BELL
CAROL ANN MCTAGGART
JOHN HANNIGAN
JANEEN MCCLUNE


Secretary Carol McTaggart

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
18 June 2025

And signed on behalf of the board by:
Name: JOHN HANNIGAN
Status: Director

CLANMIL DEVELOPMENTS LIMITED

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 8,500,822 6,196,560
Cost of sales: ( 8,415,054 ) ( 6,138,638 )
Gross profit(or loss): 85,768 57,922
Administrative expenses: ( 30,746 ) ( 29,760 )
Operating profit(or loss): 55,022 28,162
Profit(or loss) before tax: 55,022 28,162
Profit(or loss) for the financial year: 55,022 28,162

CLANMIL DEVELOPMENTS LIMITED

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Called up share capital not paid: 0 0
Current assets
Debtors: 3 1,739,196 2,118,403
Cash at bank and in hand: 31,648 46,677
Total current assets: 1,770,844 2,165,080
Creditors: amounts falling due within one year: 4 ( 1,668,669 ) ( 2,062,904 )
Net current assets (liabilities): 102,175 102,176
Total assets less current liabilities: 102,175 102,176
Total net assets (liabilities): 102,175 102,176
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 102,174 102,175
Total Shareholders' funds: 102,175 102,176

The notes form part of these financial statements

CLANMIL DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 March 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.

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

This report was approved by the board of directors on 18 June 2025
and signed on behalf of the board by:

Name: JOHN HANNIGAN
Status: Director

The notes form part of these financial statements

CLANMIL DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Other accounting policies

    Debtors Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

CLANMIL DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

CLANMIL DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Debtors

2025 2024
£ £
Prepayments and accrued income 1,695,307 1,959,975
Other debtors 43,889 158,428
Total 1,739,196 2,118,403

CLANMIL DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 275,544 264,952
Accruals and deferred income 1,392,411 1,797,952
Other creditors 714 0
Total 1,668,669 2,062,904