Allasbrook Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: NI068393

ALLASBROOK LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2025

ALLASBROOK LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

CURRENT ASSETS

Debtors	4	119,644	161,099
Cash at bank and in hand		1,661	399
		---------	---------
		121,305	161,498

CREDITORS: amounts falling due within one year	5	125,839		163,185
		---------		---------
NET CURRENT LIABILITIES			4,534	1,687
			-------	-------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 4,534)	( 1,687)
			-------	-------
NET LIABILITIES			( 4,534)	( 1,687)
			-------	-------

CAPITAL AND RESERVES

Called up share capital	1	1
Profit and loss account	( 4,535)	( 1,688)
	-------	-------
SHAREHOLDERS DEFICIT	( 4,534)	( 1,687)
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 9 December 2025 , and are signed on behalf of the board by:

Mr T McConaghy
Director

Company registration number: NI068393

ALLASBROOK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 8 Woodville Heights, Lurgan, Co Armagh, BT66 6JT.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. DEBTORS

	2025	2024
	£	£
Trade debtors	31,588	32,466
Other debtors	88,056	128,633
	---------	---------
	119,644	161,099
	---------	---------

5. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	124,999	129,999
Corporation tax	–	32,466
Other creditors	840	720
	---------	---------
	125,839	163,185
	---------	---------

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end a balance of £88,055 was owed to the company by the directors. Interest is charged daily at the official rate of interest of 2.25%. The liability was partially repaid subsequent to the year end.

7. RELATED PARTY TRANSACTIONS

All transactions with related parties have been in the company's normal course of business and at open market value.