| Sunnymead (Armagh) Limited |
| Registered Number:NI044358 |
For the year ended 31 December 2024
Northern Ireland
Unaudited Financial Statements
For the year ended 31 December 2024
Sunnymead (Armagh) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Sunnymead (Armagh) Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
45,614
40,873
2
45,614
40,873
5,780
6,340
3
| Trade and other receivables |
121,648
13,099
4
62,785
| Cash and cash equivalents |
100,295
119,734
190,213
| Trade and other payables: amounts falling due within one |
| year |
(68,681)
(82,745)
5
121,532
36,989
Net current assets
| Total assets less current liabilities |
82,603
162,405
(8,560)
(7,577)
| Provisions for liabilities |
74,043
Net assets
154,828
52
52
73,991
154,776
74,043
154,828
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 directors acknowledge their 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. |
| Mrs Linda Nesbitt Director |
| These financial statements were approved and authorised for issue by the Board on 26 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
Sunnymead (Armagh) Limited
Notes to the Financial Statements
Statutory Information
| Sunnymead (Armagh) Limited is a private limited company, limited by shares, domiciled in Northern Ireland, |
| registration number NI044358. |
1 Killuney Road
Armagh
BT61 9HR
| 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: |
Land and Buildings
Plant and Machinery
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. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 December 2024
Sunnymead (Armagh) Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
176,381
96,394
79,987
-
13,596
-
-
13,596
13,596
79,987
96,394
189,977
| Provision for depreciation and impairment |
135,508
69,561
65,947
-
Charge for year
8,855
5,367
2,808
680
144,363
74,928
68,755
680
12,916
11,232
21,466
45,614
-
14,040
26,833
40,873
| The investment properties were revalued on request by the directors by Hannath Property Consultants. The properties |
| were valued at £690,000. The uplift in value has been shown through the revaluation reserve. |
2023
2024
6,340
5,780
| 4. Trade and other receivables |
2023
2024
13,099
4,078
-
117,570
121,648
13,099
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For the year ended 31 December 2024
Sunnymead (Armagh) Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
-
22,378
19,417
18,035
| Taxation and social security |
18,223
6,982
45,105
21,286
82,745
68,681
| 6. Average number of persons employed |
During the year the average number of employees was 63 (2023 : 65)
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