RETREAT RENTALS NI LTD


Directors	NEALON, David Patrick
	NEALON, Deborah Ann


Registered Address	5 Crosspatrick Road
	Moneymore
	Magherafelt
	BT45 7WH


Registered Number	NI702667 (Northern Ireland)

Balance Sheet as at
31 October 2024

	Notes	2024
		£	£
Fixed assets
Tangible assets	3		981
			981
Current assets
Debtors	4	11,348
		11,348
Creditors amounts falling due within one year	5	(3,887)
Net current assets (liabilities)			7,461
Total assets less current liabilities			8,442
Net assets			8,442
Capital and reserves
Called up share capital			100
Profit and loss account			8,342
Shareholders' funds			8,442

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 29 August 2025, and are signed on its behalf by:

NEALON, David Patrick
Director

NEALON, Deborah Ann
Director

Registered Company No. NI702667

RETREAT RENTALS NI LTD

Notes to the Financial Statements
for the period ended 31 October 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	3

2.	Average number of employees


		2024
	Average number of employees during the year	0

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
Additions	1,294	1,294
At 31 October 24	1,294	1,294
Depreciation and impairment
Charge for year	313	313
At 31 October 24	313	313
Net book value
At 31 October 24	981	981
At 02 October 23	-	-

4.	Debtors: amounts due within one year

		2024
		£
	Other debtors	11,348
	Total	11,348

5.	Creditors: amounts due within one year

		2024
		£
	Taxation and social security	1,727
	Accrued liabilities and deferred income	2,160
	Total	3,887

6.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
NEALON, Deborah Ann	0	88,525	77,177	11,348
	0	88,525	77,177	11,348