Company registration number:
NI619852
Lotus Designs (NI) Ltd
Unaudited filleted financial statements
31 October 2024
Lotus Designs (NI) Ltd
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Lotus Designs (NI) Ltd
Directors and other information
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Directors |
Mr Sean Mc Closkey |
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Mrs Tracy Mc Closkey |
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Company number |
NI619852 |
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Registered office |
102, Drumagarner Road |
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Kilrea |
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Coleraine |
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Co.Derry |
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BT51 5TE |
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Lotus Designs (NI) Ltd
Statement of financial position
31 October 2024
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2024 |
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2023 |
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£ |
£ |
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£ |
£ |
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Fixed assets |
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245,517 |
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232,440 |
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_______ |
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_______ |
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Current assets |
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127,774 |
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193,553 |
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Prepayments and accrued income |
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905 |
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- |
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_______ |
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_______ |
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128,679 |
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193,553 |
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Creditors: amounts falling due within one year |
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(
86,419) |
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(
83,222) |
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_______ |
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_______ |
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Net current assets |
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42,260 |
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110,331 |
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_______ |
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_______ |
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Total assets less current liabilities |
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287,777 |
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342,771 |
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Accruals and deferred income |
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(
17,168) |
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(
30,388) |
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_______ |
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_______ |
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Net assets |
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270,609 |
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312,383 |
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_______ |
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_______ |
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Capital and reserves |
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270,609 |
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312,383 |
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_______ |
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_______ |
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Notes to the financial statements
Lotus Designs (NI) Ltd
Year ended 31 October 2024
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
7
(2023:
7
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2024 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr Sean Mc Closkey |
(
484) |
(
34,120) |
34,426 |
(
178) |
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Mrs Tracy Mc Closkey |
(
93) |
- |
- |
(
93) |
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_______ |
_______ |
_______ |
_______ |
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(
577) |
(
34,120) |
34,426 |
(
271) |
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_______ |
_______ |
_______ |
_______ |
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2023 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr Sean Mc Closkey |
(
93) |
(
81,505) |
81,114 |
(
484) |
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Mrs Tracy Mc Closkey |
(
93) |
- |
- |
(
93) |
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_______ |
_______ |
_______ |
_______ |
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(
186) |
(
81,505) |
81,114 |
(
577) |
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_______ |
_______ |
_______ |
_______ |
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For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
20 October 2025
, and are signed on behalf of the board by:
Mr Sean Mc Closkey
Mrs Tracy Mc Closkey
Director
Director
Company registration number:
NI619852
The company is a private company limited by shares, registered in N.Ireland.