| Ballycross Contracts Limited |
| Registered number: |
NI043554 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
250,080 |
|
|
80 |
| Cash at bank and in hand |
|
|
15,623 |
|
|
272,349 |
|
|
|
265,703 |
|
|
272,429 |
|
| Creditors: amounts falling due within one year |
4 |
|
(166,537) |
|
|
(171,666) |
|
| Net current assets |
|
|
|
99,166 |
|
|
100,763 |
|
| Net assets |
|
|
|
99,166 |
|
|
100,763 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
99,164 |
|
|
100,761 |
|
| Shareholders' funds |
|
|
|
99,166 |
|
|
100,763 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Wesley Jardine |
| Director |
| Approved by the board on 28 November 2025 |
|
| Ballycross Contracts Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Work in Progress |
|
Work in progress is valued at the lower of cost and net realisable value. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
250,000 |
|
- |
|
Other debtors |
80 |
|
80 |
|
|
|
|
|
|
250,080 |
|
80 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
24,130 |
|
24,259 |
|
Other creditors |
142,407 |
|
147,407 |
|
|
|
|
|
|
166,537 |
|
171,666 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Related party transactions |
|
|
There were no related party transactions outside the normal course of business. The balance on the directors account is included in other creditors within note 4. |
|
|
| 6 |
Controlling party |
|
|
The directors have been identified as the ultimate controlling parties. |
|
| 7 |
Other information |
|
|
Ballycross Contracts Limited is a private company limited by shares and incorporated in Northern Ireland. Its registered office is: |
|
10c Marcus Square |
|
Newry |
|
Co. Down |
|
BT34 1AE |