Company registration number:
NI715806
Inner City Capital Projects Ltd
Unaudited filleted financial statements
31 March 2025
Inner City Capital Projects Ltd
Contents
Directors and other information
Balance sheet
Statement of changes in equity
Notes to the financial statements
Inner City Capital Projects Ltd
Directors and other information
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Directors |
Damien McAteer |
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John Meehan |
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Venerable Robert Miller |
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Selina Horshi |
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Secretary |
Helen Quigley |
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Company number |
NI715806 |
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Registered office |
31-33 Shipquay Street |
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Derry |
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Northern Ireland |
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BT48 6DL |
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Accountants |
Fergus McAteer & Co |
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31/33 Clarendon Street |
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Derry |
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BT48 7ER |
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Inner City Capital Projects Ltd
Balance sheet
31 March 2025
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31/03/25 |
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Note |
£ |
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£ |
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Current assets |
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Debtors |
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4 |
300,000 |
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Cash at bank and in hand |
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59,349 |
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_______ |
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359,349 |
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Creditors: amounts falling due |
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within one year |
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5 |
(
65,440) |
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_______ |
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Net current assets |
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293,909 |
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_______ |
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Total assets less current liabilities |
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293,909 |
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_______ |
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Net assets |
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293,909 |
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_______ |
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Capital and reserves |
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Called up share capital |
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300,000 |
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Profit and loss account |
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(
6,091) |
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_______ |
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Shareholders funds |
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293,909 |
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For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 Profit & loss account has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
26 June 2025
, and are signed on behalf of the board by:
Venerable Robert Miller
Director
Company registration number:
NI715806
Inner City Capital Projects Ltd
Statement of changes in equity
Period ended 31 March 2025
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Called up share capital |
Profit and loss account |
Total |
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£ |
£ |
£ |
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At 15 May 2024 |
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- |
- |
- |
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Loss for the period |
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(
6,091) |
(
6,091) |
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_______ |
_______ |
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Total comprehensive income for the period |
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- |
(
6,091) |
(
6,091) |
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Issue of shares |
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300,000 |
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300,000 |
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_______ |
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Total investments by and distributions to owners |
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300,000 |
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300,000 |
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At 31 March 2025 |
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300,000 |
(
6,091) |
293,909 |
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_______ |
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Inner City Capital Projects Ltd
Notes to the financial statements
Period 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 31-33 Shipquay Street, Derry, Northern Ireland, BT48 6DL.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Turnover
Turnover represents rental income received and receivable during the period ended 31st March 2025.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Parent Company
Inner City Capital Projects Ltd is a wholly owned subsidiary of Londonderry Inner City Trust which is a private charitable company limited by shares, registered in Northern Ireland. The adress of the registered office is 31-33 Shipquay Street, Derry, Co Derry, BT48 6DL. Consolidated group financial statements has been prepared by the parent.
4.
Debtors
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31/03/25 |
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£ |
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Amounts owed by group undertakings |
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300,000 |
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_______ |
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5.
Creditors: amounts falling due within one year
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31/03/25 |
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£ |
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Amounts owed to group undertakings |
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64,000 |
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Other creditors |
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1,440 |
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_______ |
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65,440 |
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_______ |
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