| Emerald Developments (Armagh) Limited |
| Registered Number:NI628062 |
For the year ended 31 March 2025
Northern Ireland
Unaudited Financial Statements
For the year ended 31 March 2025
Emerald Developments (Armagh) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Emerald Developments (Armagh) Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
63,598
79,498
2
63,598
79,498
| Trade and other receivables |
4,349,461
4,349,461
3
366,428
| Cash and cash equivalents |
364,739
4,714,200
4,715,889
| Trade and other payables: amounts falling due within one |
| year |
(2,013)
(1,864)
4
4,713,876
4,712,336
Net current assets
| Total assets less current liabilities |
4,775,934
4,793,374
| Trade and other payables: amounts falling due after more |
| than one year |
(1,150,500)
(1,150,500)
5
(12,084)
(15,105)
| Provisions for liabilities |
3,613,350
Net assets
3,627,769
23
23
3,613,327
3,627,746
3,613,350
3,627,769
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Edmund Joseph Coyle Director |
| These financial statements were approved and authorised for issue by the Board on 17 December 2025 and were signed by: |
1 of 4
For the year ended 31 March 2025
Emerald Developments (Armagh) Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 4
For the year ended 31 March 2025
Emerald Developments (Armagh) Limited
Notes to the Financial Statements
Statutory Information
| Emerald Developments (Armagh) Limited is a private limited company, limited by shares, domiciled in Northern |
| Ireland, registration number NI628062. |
38a Mallusk Road
Newtownabbey
Belfast
BT36 4PP
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
3 of 4
For the year ended 31 March 2025
Emerald Developments (Armagh) Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
412,200
8,455
403,745
403,745
8,455
412,200
| Provision for depreciation and impairment |
332,702
6,615
326,087
Charge for year
15,900
368
15,532
348,602
6,983
341,619
62,126
1,472
63,598
77,658
1,840
79,498
| 3. Trade and other receivables |
2024
2025
2,050,000
2,050,000
2,299,461
2,299,461
4,349,461
4,349,461
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
1,864
2,013
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
1,150,500
1,150,500
| 6. Average number of persons employed |
During the year the average number of employees was 0
4 of 4