Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 NI017136 Mr Peter Laverty Mrs Bernadette Laverty Mr Gavin Laverty Mr Peter Laverty iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI017136 2024-03-31 NI017136 2025-03-31 NI017136 2024-04-01 2025-03-31 NI017136 frs-core:CurrentFinancialInstruments 2025-03-31 NI017136 frs-core:FurnitureFittings 2025-03-31 NI017136 frs-core:FurnitureFittings 2024-04-01 2025-03-31 NI017136 frs-core:FurnitureFittings 2024-03-31 NI017136 frs-core:MotorVehicles 2025-03-31 NI017136 frs-core:MotorVehicles 2024-04-01 2025-03-31 NI017136 frs-core:MotorVehicles 2024-03-31 NI017136 frs-core:ShareCapital 2025-03-31 NI017136 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI017136 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI017136 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 NI017136 frs-bus:SmallEntities 2024-04-01 2025-03-31 NI017136 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI017136 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI017136 frs-bus:Director1 2024-04-01 2025-03-31 NI017136 frs-bus:Director2 2024-04-01 2025-03-31 NI017136 frs-bus:Director3 2024-04-01 2025-03-31 NI017136 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 NI017136 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NI017136 2023-03-31 NI017136 2024-03-31 NI017136 2023-04-01 2024-03-31 NI017136 frs-core:CurrentFinancialInstruments 2024-03-31 NI017136 frs-core:ShareCapital 2024-03-31 NI017136 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: NI017136
Halcyon Dealers Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: NI017136
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,947 9,262
6,947 9,262
CURRENT ASSETS
Stocks 5 725,000 732,000
Debtors 6 60,000 67,939
Cash at bank and in hand 253,181 256,870
1,038,181 1,056,809
Creditors: Amounts Falling Due Within One Year 7 (6,556 ) (9,262 )
NET CURRENT ASSETS (LIABILITIES) 1,031,625 1,047,547
TOTAL ASSETS LESS CURRENT LIABILITIES 1,038,572 1,056,809
NET ASSETS 1,038,572 1,056,809
CAPITAL AND RESERVES
Called up share capital 8 60,000 60,000
Profit and Loss Account 978,572 996,809
SHAREHOLDERS' FUNDS 1,038,572 1,056,809
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.
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 Peter Laverty
Director
23/12/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Halcyon Dealers Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI017136 . The registered office is Bayview, 40 Shore Road, Rostrevor, Down, BT34 3EH.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Motor Vehicles 25% on WDV
Fixtures & Fittings 20% on WDV
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 2)
3 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 29,269 33,033 62,302
As at 31 March 2025 29,269 33,033 62,302
Depreciation
As at 1 April 2024 20,008 33,032 53,040
Provided during the period 2,315 - 2,315
As at 31 March 2025 22,323 33,032 55,355
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2025 6,946 1 6,947
As at 1 April 2024 9,261 1 9,262
5. Stocks
2025 2024
£ £
Work in progress 725,000 732,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 7,939
Other debtors 60,000 60,000
60,000 67,939
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - (1 )
Bank loans and overdrafts - 534
Accruals and deferred income 4,899 3,799
Directors' loan accounts 1,657 4,930
6,556 9,262
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 60,000 60,000
Page 3