BALLYSUGAGH LIMITED

Company Registration Number:
NI654202 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

BALLYSUGAGH LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

BALLYSUGAGH LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 48,000 50,400
Tangible assets: 4 277,431 299,049
Total fixed assets: 325,431 349,449
Current assets
Stocks: 20,930 19,435
Debtors:   2,640 0
Cash at bank and in hand: 138,115 292,995
Total current assets: 161,685 312,430
Creditors: amounts falling due within one year:   (398,768) (549,417)
Net current assets (liabilities): (237,083) (236,987)
Total assets less current liabilities: 88,348 112,462
Creditors: amounts falling due after more than one year:   (4,640) (15,880)
Total net assets (liabilities): 83,708 96,582
Capital and reserves
Called up share capital: 360 360
Profit and loss account: 83,348 96,222
Shareholders funds: 83,708 96,582

The notes form part of these financial statements

BALLYSUGAGH LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Stephen Shields
Status: Director

The notes form part of these financial statements

BALLYSUGAGH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BALLYSUGAGH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 33 35

BALLYSUGAGH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 60,000
At 31 December 2024 60,000
Amortisation
At 01 January 2024 9,600
Charge for year 2,400
At 31 December 2024 12,000
Net book value
At 31 December 2024 48,000
At 31 December 2023 50,400

BALLYSUGAGH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 457,809
Additions 8,165
At 31 December 2024 465,974
Depreciation
At 01 January 2024 158,760
Charge for year 29,783
At 31 December 2024 188,543
Net book value
At 31 December 2024 277,431
At 31 December 2023 299,049

BALLYSUGAGH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: The director has transferred funds to the company. The company repaid £36,000 to the director in this financial year.
£
Balance at 01 January 2024 99,880
Balance at 31 December 2024 63,880
Name of the related party:
Relationship:
Company controlled by a director
Description of the Transaction: The related party transferred funds to the company. The company repaid £65,500 to the related party in this financial year.
£
Balance at 01 January 2024 194,880
Balance at 31 December 2024 129,380
Name of the related party:
Relationship:
Company controlled by another director
Description of the Transaction: The related party transferred funds to the company. The company repaid £62,200 to the related party in this financial year.
£
Balance at 01 January 2024 124,880
Balance at 31 December 2024 62,680