| John Cathcart and Sons, Limited |
| Registered Number:NI003845 |
For the year ended 31 December 2024
Northern Ireland
Unaudited Financial Statements
For the year ended 31 December 2024
John Cathcart and Sons, Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
John Cathcart and Sons, Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
936,177
947,789
2
936,177
947,789
-
21,000
3
| Trade and other receivables |
24,688
3,989
4
10,710
| Cash and cash equivalents |
3
24,992
35,398
| Trade and other payables: amounts falling due within one |
| year |
(300,688)
(285,683)
5
(265,290)
(260,691)
Net current liabilities
| Total assets less current liabilities |
675,486
682,499
| Trade and other payables: amounts falling due after more |
| than one year |
(504,250)
(501,250)
6
174,236
Net assets
178,249
15,000
15,000
159,236
163,249
174,236
178,249
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. |
| These financial statements were approved and authorised for issue by the Board on 19 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
John Cathcart and Sons, Limited
Notes to the Financial Statements
Statutory Information
| John Cathcart and Sons, Limited is a private limited company, limited by shares, domiciled in Northern Ireland, |
| registration number NI003845. |
Handel House
53 Upper English Street
Armagh
County Armagh
BT61 7LA
| 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. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
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
Computer Equipment
Furniture and Fittings
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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For the year ended 31 December 2024
John Cathcart and Sons, Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
1,198,648
353
41,216
325,401
831,678
325,401
41,216
353
1,198,648
831,678
| Provision for depreciation and impairment |
250,859
350
40,035
210,474
-
Charge for year
11,612
1
118
11,493
-
262,471
351
40,153
221,967
-
831,678
103,434
1,063
2
936,177
831,678
114,927
1,181
3
947,789
2023
2024
21,000
-
| 4. Trade and other receivables |
2023
2024
3,989
24,688
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
3,000
3,000
80,143
132,028
| Taxation and social security |
34,801
31,678
167,739
133,982
285,683
300,688
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For the year ended 31 December 2024
John Cathcart and Sons, Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
1,250
4,250
500,000
500,000
501,250
504,250
| 7. Average number of persons employed |
During the year the average number of employees was 0
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