| Registered Number:NI687432 |
For the year ended 30 April 2025
Northern Ireland
Unaudited Financial Statements
For the year ended 30 April 2025
Procastangling Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Procastangling Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
13,593
14,067
2
13,593
14,067
333,864
371,750
3
| Trade and other receivables |
11,387
24,473
4
13,360
| Cash and cash equivalents |
22,417
418,640
358,611
| Trade and other payables: amounts falling due within one |
| year |
(141,574)
(171,076)
5
217,037
247,564
Net current assets
| Total assets less current liabilities |
261,157
231,104
| Trade and other payables: amounts falling due after more |
| than one year |
(170,000)
(170,000)
6
91,157
Net assets
61,104
1
1
91,156
61,103
91,157
61,104
Shareholders' funds
| For the year ended 30 April 2025 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 30 April 2025 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. |
| Mr Christopher Dawson Director |
| These financial statements were approved and authorised for issue by the Board on 31 October 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 April 2025
Procastangling Limited
Notes to the Financial Statements
Statutory Information
| Procastangling Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
| number NI687432. |
9B Station Road
Armagh
Armagh
BT61 7NP
| 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. |
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
Motor Vehicles
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. |
| 2. Property, plant and equipment |
18,798
1,774
12,437
2,007
2,580
1,925
1,597
328
-
-
2,007
12,765
3,371
20,723
2,580
| Provision for depreciation and impairment |
4,731
492
3,295
557
387
Charge for year
2,399
432
1,420
218
329
7,130
924
4,715
775
716
1,864
1,232
8,050
2,447
13,593
2,193
1,450
9,142
1,282
14,067
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For the year ended 30 April 2025
Procastangling Limited
Notes to the Financial Statements Continued
2024
2025
371,750
333,864
| 4. Trade and other receivables |
2024
2025
9,473
11,387
| Amounts owed by group undertakings and participating interests |
15,000
-
11,387
24,473
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
88,325
79,134
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
28,500
16,500
| Taxation and social security |
14,678
10,375
39,573
35,565
171,076
141,574
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
170,000
170,000
| 7. Average number of persons employed |
During the year the average number of employees was 6 (2024 : 7)
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