Cultra Developments Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: NI611769

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	850		34
Cash at bank and in hand		2,232		3,048

		3,082		3,082
Creditors: Amounts Falling Due Within One Year	5	(1,458 )		(1,458 )

NET CURRENT ASSETS (LIABILITIES)			1,624		1,624

TOTAL ASSETS LESS CURRENT LIABILITIES			1,624		1,624

NET ASSETS			1,624		1,624

CAPITAL AND RESERVES
Called up share capital	6		2		2
Profit and Loss Account			1,622		1,622

SHAREHOLDERS' FUNDS			1,624		1,624

For the year ending 28 February 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 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Patterson

Director

10/11/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Cultra Developments Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI611769 . The registered office is 25b Seafront Road, Holywood, Down, BT18 0BB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	2	2

	2	2

4. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	850	34

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	458	458
VAT	1,000	1,000

	1,458	1,458

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

7. Ultimate Controlling Party

The company's ultimate controlling party is James Patterson by virtue of his ownership of the issued share capital in the parent company, Bodrum EGE (NI) Ltd.

8. Charges

Bank borrowings were secured by charges and a mortgage debenture over land and property previously held by the company. At 28 February 2024 there were no bank borrowings.

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Cultra Developments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

9. Audit Information

The auditor's report on the accounts of Cultra Developments Ltd for the year ended 28 February 2025 was unqualified.

The auditor's report was signed by Statutory Auditor.