2024-01-01 NI657430 2024-12-31 NI657430 2024-01-01 2024-12-31 NI657430 2023-12-31 NI657430 2023-01-01 2023-12-31 NI657430 uk-core:WithinOneYear 2023-12-31 NI657430 uk-core:WithinOneYear 2024-12-31 NI657430 uk-core:AfterOneYear 2023-12-31 NI657430 uk-core:AfterOneYear 2024-12-31 NI657430 uk-core:ShareCapital 2024-12-31 NI657430 uk-core:ShareCapital 2023-12-31 NI657430 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI657430 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI657430 uk-bus:Director1 2024-01-01 2024-12-31 NI657430 uk-core:FurnitureFittings 2023-12-31 NI657430 uk-core:PlantMachinery 2023-12-31 NI657430 uk-core:FurnitureFittings 2024-01-01 2024-12-31 NI657430 uk-core:PlantMachinery 2024-12-31 NI657430 uk-core:FurnitureFittings 2024-12-31 NI657430 uk-core:PlantMachinery 2024-01-01 2024-12-31 NI657430 uk-core:AfterOneYear uk-core:Secured 2024-12-31 NI657430 uk-core:AfterOneYear uk-core:Secured 2023-12-31 iso4217:GBP xbrli:pure NI657430 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 NI657430 uk-bus:FRS102 2024-01-01 2024-12-31 NI657430 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 NI657430 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Weir Kar Parts Ltd
Registered Number:NI657430
For the year ended 31 December 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 December 2024
Weir Kar Parts Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI657430
As at 31 December 2024
Weir Kar Parts Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
24,363
14,645
2
24,363
14,645
Current assets
Inventories
125,000
139,950
3
Trade and other receivables
12,409
11,956
4
41,814
Cash and cash equivalents
3,139
155,045
179,223
Trade and other payables: amounts falling due within one
year
(135,150)
(95,484)
5
44,073
59,561
Net current assets
Total assets less current liabilities
83,924
58,718
Trade and other payables: amounts falling due after more
than one year
-
(10,036)
6
73,888
Net assets
58,718
Capital and reserves
Called up share capital
100
100
Retained earnings
73,788
58,618
73,888
58,718
Shareholders' funds
For the year ended 31 December 2024 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Winston Weir Director
These financial statements were approved and authorised for issue by the Board on 29 July 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2024
Weir Kar Parts Ltd
Notes to the Financial Statements
Statutory Information
Weir Kar Parts Ltd is a private limited company, limited by shares, domiciled in Northern Ireland, registration number
NI657430.
Registered address:
19 Linenhall Street
Banbridge
Co Down
BT32 3EG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Furniture and
Fittings
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 January 2024
27,969
27,969
-
15,808
1,808
14,000
Additions
At 31 December 2024
14,000
29,777
43,777
Provision for depreciation and impairment
At 01 January 2024
13,324
13,324
-
Charge for year
6,090
3,290
2,800
At 31 December 2024
19,414
16,614
2,800
At 31 December 2024
Net book value
11,200
13,163
24,363
At 31 December 2023
-
14,645
14,645
3. Inventories
2023
2024
£
£
Stocks
139,950
125,000
Stock of Raw Materials and Work in Progress
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5
For the year ended 31 December 2024
Weir Kar Parts Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
11,956
12,409
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
40,353
22,440
Taxation and social security
22,253
23,337
Other creditors
32,878
89,373
95,484
135,150
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
10,036
-
7. Average number of persons employed
During the year the average number of employees was 5 (2023 : 5)
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