REGISTERED NUMBER: NI602358 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Alastair Coey Architects Ltd

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

A D Coey

B A Coey

P E Robinson

REGISTERED OFFICE:

Belmont Gate Lodge

96 Sydenham Avenue

Belfast

Co. Antrim

BT4 2DT

REGISTERED NUMBER:

NI602358 (Northern Ireland)

ACCOUNTANTS:

Lynn Drake & Co Ltd

Chartered Accountants

1st Floor

34 B-D Main Street

Moira

Co. Armagh

BT67 0LE

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

19,004

24,937

19,004

24,937

CURRENT ASSETS

Stocks

7

104,111

175,139

Debtors

8

426,921

140,291

Cash at bank and in hand

492,591

385,340

1,023,623

700,770

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

9

492,236

159,949

NET CURRENT ASSETS

531,387

540,821

TOTAL ASSETS LESS CURRENT LIABILITIES

550,391

565,758

PROVISIONS FOR LIABILITIES

10

4,506

6,298

NET ASSETS

545,885

559,460

CAPITAL AND RESERVES

Called up share capital

11

100

225,100

Retained earnings

545,785

334,360

SHAREHOLDERS' FUNDS

545,885

559,460

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

A D Coey - Director

P E Robinson - Director

1.	STATUTORY INFORMATION

Alastair Coey Architects Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill arising on business combinations is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful life. The period chosen for writing off goodwill is 10 years. Provision is made for any impairment.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% Straight Line

Motor vehicles

-

25% Straight Line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stock and work in progress have been valued at the lower of cost and net realisable value estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage of completion.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable to the company's pension scheme are charged to profit or loss as they become payable.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 11 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

300,000

AMORTISATION

At 1 April 2024

and 31 March 2025

300,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

74,259

-

74,259

Additions

3,335

-

3,335

At 31 March 2025

77,594

-

77,594

DEPRECIATION

At 1 April 2024

47,872

1,450

49,322

Charge for year

10,718

-

10,718

Eliminated on disposal

-

(1,450

)

(1,450

)

At 31 March 2025

58,590

-

58,590

NET BOOK VALUE

At 31 March 2025

19,004

-

19,004

At 31 March 2024

26,387

(1,450

)

24,937

7.

STOCKS

31.3.25

31.3.24

£

£

Work-in-progress

104,111

175,139

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

276,142

96,573

Other debtors

149,668

42,913

Prepayments

1,111

805

426,921

140,291

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

41,292

42,225

Tax

82,724

85,798

Pension Creditor

554

122

VAT

111,049

4,024

Other creditors

3,854

317

Directors' current accounts

248,763

23,788

Accrued expenses

4,000

3,675

492,236

159,949

10.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

Accelerated capital allowances

4,506

6,298

Deferred

tax

£

Balance at 1 April 2024

6,298

Provided during year

(1,792

)

Balance at 31 March 2025

4,506

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

300,000

Redeemable preference

£1

-

225,000

100

225,100