| Registered Number:NI629560 |
For the year ended 31 March 2025
Northern Ireland
Unaudited Financial Statements
For the year ended 31 March 2025
J Irwin Car Sales Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
J Irwin Car Sales Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
727
408
3
727
408
288,226
225,058
4
| Trade and other receivables |
25,918
4,140
5
60,197
| Cash and cash equivalents |
111,708
340,906
374,341
| Trade and other payables: amounts falling due within one |
| year |
(328,055)
(317,954)
6
46,286
22,952
Net current assets
| Total assets less current liabilities |
23,679
46,694
23,679
Net assets
46,694
2
2
23,677
46,692
23,679
46,694
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 March 2025 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 Jeffery Irwin Director |
| These financial statements were approved and authorised for issue by the Board on 10 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
J Irwin Car Sales Ltd
Notes to the Financial Statements
Statutory Information
| J Irwin Car Sales Ltd is a private limited company, limited by shares, domiciled in Northern Ireland, registration number |
| NI629560. |
48 Maytown Road
Newry
Co Down
BT35 7NE
| The presentation currency is £ sterling. |
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. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 5 years. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
| 2. Intangible fixed assets |
Goodwill
11,000
11,000
11,000
11,000
-
-
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For the year ended 31 March 2025
J Irwin Car Sales Ltd
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
2,408
500
2,908
| Provision for depreciation and impairment |
2,000
Charge for year
181
2,181
727
408
2024
2025
225,058
288,226
| 5. Trade and other receivables |
2024
2025
4,140
25,918
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
5,156
3,615
1,054
7,925
311,744
316,515
317,954
328,055
| 7. Average number of persons employed |
During the year the average number of employees was 1 (2024 : 1)
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