2
01/01/2024
31/12/2024
2024-12-31
false
false
false
false
false
false
false
true
false
false
true
false
false
false
false
true
true
false
No description of principal activities is disclosed
2024-01-01
Sage Accounts Production 23.0 - FRS102_2023
xbrli:pure
xbrli:shares
iso4217:GBP
NI047310
2024-01-01
2024-12-31
NI047310
2024-12-31
NI047310
2023-12-31
NI047310
2023-01-01
2023-12-31
NI047310
2023-12-31
NI047310
2022-12-31
NI047310
core:Subsidiary1
2024-01-01
2024-12-31
NI047310
bus:RegisteredOffice
2024-01-01
2024-12-31
NI047310
bus:OrdinaryShareClass1
2024-01-01
2024-12-31
NI047310
bus:OrdinaryShareClass2
2024-01-01
2024-12-31
NI047310
bus:LeadAgentIfApplicable
2024-01-01
2024-12-31
NI047310
bus:Director1
2024-01-01
2024-12-31
NI047310
bus:CompanySecretary1
2024-01-01
2024-12-31
NI047310
core:WithinOneYear
2024-12-31
NI047310
core:WithinOneYear
2023-12-31
NI047310
bus:AllOrdinaryShares
2024-01-01
2024-12-31
NI047310
bus:AllOrdinaryShares
2023-01-01
2023-12-31
NI047310
core:ShareCapital
2024-12-31
NI047310
core:ShareCapital
2023-12-31
NI047310
bus:OrdinaryShareClass1
core:ShareCapital
2024-12-31
NI047310
bus:OrdinaryShareClass1
core:ShareCapital
2023-12-31
NI047310
bus:OrdinaryShareClass2
core:ShareCapital
2024-12-31
NI047310
bus:OrdinaryShareClass2
core:ShareCapital
2023-12-31
NI047310
core:CostValuation
core:Non-currentFinancialInstruments
2024-12-31
NI047310
core:Non-currentFinancialInstruments
2024-12-31
NI047310
core:Non-currentFinancialInstruments
2023-12-31
NI047310
core:Subsidiary1
2023-01-01
2023-12-31
NI047310
bus:SmallEntities
2024-01-01
2024-12-31
NI047310
bus:AuditExemptWithAccountantsReport
2024-01-01
2024-12-31
NI047310
bus:SmallCompaniesRegimeForAccounts
2024-01-01
2024-12-31
NI047310
bus:PrivateLimitedCompanyLtd
2024-01-01
2024-12-31
NI047310
bus:FullAccounts
2024-01-01
2024-12-31
Company registration number:
NI047310
Dyke Limited
Unaudited filleted financial statements
31 December 2024
Dyke Limited
Contents
Directors and other information
Accountants report
Balance sheet
Notes to the financial statements
Dyke Limited
Directors and other information
|
|
|
|
Director |
Mr William Fleck |
|
|
|
|
|
|
|
Secretary |
Mrs Margaret Fleck |
|
|
|
|
|
|
|
Company number |
NI047310 |
|
|
|
|
|
|
|
Registered office |
58 Straidkilly Road |
|
|
Carnlough |
|
|
Ballymena |
|
|
Co Antrim |
|
|
BT44 0LQ |
|
|
|
|
|
|
|
Business address |
137a Mill Road |
|
|
Ballyclare |
|
|
Co Antrim |
|
|
BT39 9DZ |
|
|
|
|
|
|
|
Accountants |
Potter Finnegan Limited |
|
|
27-28 The Courtyard Business Park |
|
|
190 Galgorm Road |
|
|
Ballymena |
|
|
Co Antrim |
|
|
BT42 1HL |
|
|
|
|
|
|
|
|
|
|
|
|
|
Bankers |
Danske Bank |
|
|
18 The Square |
|
|
Ballyclare |
|
|
Co Antrim |
|
|
BT39 9BB |
|
|
|
Dyke Limited
Report to the director on the preparation of the
unaudited statutory financial statements of Dyke Limited
Year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dyke Limited for the year ended 31 December 2024 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the director of Dyke Limited, as a body, in accordance with the terms of our engagement letter dated 2 February 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Dyke Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dyke Limited and its director as a body for our work or for this report.
It is your duty to ensure that Dyke Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dyke Limited. You consider that Dyke Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Dyke Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Potter Finnegan Limited
Chartered Accountants
27-28 The Courtyard Business Park
190 Galgorm Road
Ballymena
Co Antrim
BT42 1HL
8 August 2025
Dyke Limited
Balance sheet
31 December 2024
|
|
|
2024 |
|
|
|
2023 |
|
|
|
|
Note |
£ |
|
£ |
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
|
|
|
|
|
|
|
|
Investments |
|
6 |
100,891 |
|
|
|
100,891 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
|
|
100,891 |
|
|
|
100,891 |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
|
Debtors |
|
7 |
1 |
|
|
|
1 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
1 |
|
|
|
1 |
|
|
|
Creditors: amounts falling due |
|
|
|
|
|
|
|
|
|
|
within one year |
|
8 |
(
10,308) |
|
|
|
(
10,308) |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
Net current liabilities |
|
|
|
|
(
10,307) |
|
|
|
(
10,307) |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Total assets less current liabilities |
|
|
|
|
90,584 |
|
|
|
90,584 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Net assets |
|
|
|
|
90,584 |
|
|
|
90,584 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
|
|
|
|
|
|
|
Called up share capital |
|
9 |
|
|
90,584 |
|
|
|
90,584 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Shareholders funds |
|
|
|
|
90,584 |
|
|
|
90,584 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
08 August 2025
, and are signed on behalf of the board by:
Mr William Fleck
Director
Company registration number:
NI047310
Dyke Limited
Notes to the financial statements
Year ended 31 December 2024
1.
General information
The company is a private company limited by shares, registered in N Ireland. The address of the registered office is 58 Straidkilly Road, Carnlough, Ballymena, Co Antrim, BT44 0LQ.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2023:
2
).
5.
Dividends
Equity dividends
|
|
|
2024 |
2023 |
|
|
|
£ |
£ |
|
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year) |
|
25,000 |
25,000 |
|
|
|
_______ |
_______ |
|
|
|
|
|
6.
Investments
|
|
Shares in group undertakings and participating interests |
Total |
|
|
|
|
|
|
£ |
£ |
|
|
|
|
|
Cost |
|
|
|
|
|
|
|
At 1 January 2024 and 31 December 2024 |
100,891 |
100,891 |
|
|
|
|
|
|
_______ |
_______ |
|
|
|
|
|
Impairment |
|
|
|
|
|
|
|
At 1 January 2024 and 31 December 2024 |
- |
- |
|
|
|
|
|
|
_______ |
_______ |
|
|
|
|
|
Carrying amount |
|
|
|
|
|
|
|
At 31 December 2024 |
100,891 |
100,891 |
|
|
|
|
|
|
_______ |
_______ |
|
|
|
|
|
At 31 December 2023 |
100,891 |
100,891 |
|
|
|
|
|
|
_______ |
_______ |
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments in group undertakings |
|
|
|
|
|
|
|
Registered office |
Class of share |
Percentage of shares held |
|
Subsidiary undertakings |
|
|
|
|
|
Fleck Concrete Limited |
|
58 Straidkilly Road, Carnlough, Ballymena BT44 0LQ |
Ordinary |
100 |
|
|
|
|
|
|
|
|
|
|
|
|
The results and capital and reserves for the period of the trading companies are as follows:
|
|
|
|
|
|
|
|
|
Capital and |
|
Profit/(loss) |
|
|
|
reserves |
|
for the |
|
|
|
|
|
period |
|
|
2024 |
2023 |
2024 |
2023 |
|
|
£ |
£ |
£ |
£ |
|
Subsidiary undertakings |
|
|
|
|
|
Fleck Concrete Limited |
361,105 |
368,528 |
17,577 |
24,501 |
|
|
|
|
|
|
7.
Debtors
|
|
|
2024 |
2023 |
|
|
|
£ |
£ |
|
Other debtors |
|
1 |
1 |
|
|
|
_______ |
_______ |
|
|
|
|
|
8.
Creditors: amounts falling due within one year
|
|
|
2024 |
2023 |
|
|
|
£ |
£ |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
10,308 |
10,308 |
|
|
|
_______ |
_______ |
|
|
|
|
|
9.
Called up share capital
Issued, called up and fully paid
|
|
|
2024 |
|
|
|
2023 |
|
|
|
|
|
No |
|
£ |
|
No |
|
£ |
|
A Ordinary shares shares of £
1 each |
|
45,292 |
|
45,292 |
|
45,292 |
|
45,292 |
|
B Ordinary shares shares of £
1 each |
|
45,292 |
|
45,292 |
|
45,292 |
|
45,292 |
|
|
|
_______ |
|
_______ |
|
_______ |
|
_______ |
|
|
|
90,584 |
|
90,584 |
|
90,584 |
|
90,584 |
|
|
|
_______ |
|
_______ |
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|