Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30No description of principal activityfalsetrueWilsome Unlimited2024-01-25truefalse50 NI709142 2024-01-24 NI709142 2024-01-25 2024-09-30 NI709142 2023-01-25 2024-01-24 NI709142 2024-09-30 NI709142 c:Director1 2024-01-25 2024-09-30 NI709142 c:Director2 2024-01-25 2024-09-30 NI709142 d:CurrentFinancialInstruments 2024-09-30 NI709142 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 NI709142 d:ShareCapital 2024-09-30 NI709142 d:RetainedEarningsAccumulatedLosses 2024-09-30 NI709142 c:FRS102 2024-01-25 2024-09-30 NI709142 c:Audited 2024-01-25 2024-09-30 NI709142 c:FullAccounts 2024-01-25 2024-09-30 NI709142 c:PrivateLimitedCompanyLtd 2024-01-25 2024-09-30 NI709142 c:SmallCompaniesRegimeForAccounts 2024-01-25 2024-09-30 NI709142 e:PoundSterling 2024-01-25 2024-09-30 iso4217:GBP xbrli:pure

Registered number: NI709142










BREFFNI AIR INSTALLATIONS (UK) LTD










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2024

 
BREFFNI AIR INSTALLATIONS (UK) LTD
REGISTERED NUMBER: NI709142

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
Note
£

  

Current assets
  

Stocks
  
276,378

Debtors: amounts falling due within one year
 4 
738,293

Cash at bank and in hand
 5 
236,593

  
1,251,264

Creditors: amounts falling due within one year
 6 
(1,206,869)

Net current assets
  
 
 
44,395

Total assets less current liabilities
  
44,395

  

Net assets
  
44,395


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
44,295

  
44,395


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.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 July 2025.




Patrick Sheanon
Yvonne Sheanon
Director
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
BREFFNI AIR INSTALLATIONS (UK) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


General information

Breffni Air Installations (UK) Limited is a private company limited by shares incorporated in Northern Ireland. The registered office is Dromalane Mill, The Quays. Newry, BT35 8QS.
The principal activity of the company is ventilation and installation of ducting.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 2

 
BREFFNI AIR INSTALLATIONS (UK) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

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.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the period was 5.

Page 3

 
BREFFNI AIR INSTALLATIONS (UK) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

4.


Debtors

2024
£


Trade debtors
588,250

Other debtors
150,043

738,293


Included in trade debtors is a retention balance of £51,500 falling due after one year.


5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
236,593

236,593



6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
106,901

Amounts owed to group undertakings
1,042,441

Corporation tax
15,067

Other taxation and social security
34,510

Accruals and deferred income
7,950

1,206,869


Amounts owed to group undertakings are unsecured, interest free and repayable on demand.


7.


Controlling party

Wilsome Unlimited, a company incorporated in the Isle of Man, is the 100% immediate parent company of Breffni Air (UK) Limited.
The registered office of Wilsome Unlimited is First Floor, Viking House, St. Paul's Square, Ramsey, Isle of Man. 
The ultimate controlling party is deemed to be Patrick Sheanon by virtue of his shareholding in Wilsome Unlimited Company.

Page 4

 
BREFFNI AIR INSTALLATIONS (UK) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

8.


Auditors' information

The auditors' report on the financial statements for the period ended 30 September 2024 was unqualified.

The audit report was signed on 24 July 2025 by Deborah Mullen (Senior Statutory Auditor) on behalf of AAB Group Accountants Limited.


Page 5