Company Registration No. NI677338 (Northern Ireland)
Potman Homes Ltd
Unaudited accounts
for the year ended 31 March 2025
Potman Homes Ltd
Unaudited accounts
Contents
Potman Homes Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
62,083
62,083
Cash at bank and in hand
2,612
4,623
Creditors: amounts falling due within one year
(55,542)
(67,144)
Net current liabilities
(52,930)
(57,771)
Profit and loss account
9,153
4,312
Shareholders' funds
9,153
4,312
For the year 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 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 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 of Directors and authorised for issue on 7 August 2025 and were signed on its behalf by
Mr Noel Kidd
Director
Company Registration No. NI677338
Potman Homes Ltd
Notes to the Accounts
for the year ended 31 March 2025
Potman Homes Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI677338. The registered office is 26 Killycarn Road, Aughafatten, Ballymena, BT42 4LY, Northern Ireland.
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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 remained unchanged from the previous year, and also 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:
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Tangible fixed assets
Land & buildings
Amounts falling due within one year
Potman Homes Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,135
362
Other creditors
54,407
65,822
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Average number of employees
During the year the average number of employees was 0 (2024: 0).