1 August 2024 false No description of principal activity Taxfiler 2024.6 NI670924business:PrivateLimitedCompanyLtd2024-08-012025-03-31 NI6709242024-07-31 NI6709242024-08-012025-03-31 NI670924business:AuditExemptWithAccountantsReport2024-08-012025-03-31 NI670924business:FilletedAccounts2024-08-012025-03-31 NI6709242025-03-31 NI670924business:Director12024-08-012025-03-31 NI670924business:CompanySecretary12024-08-012025-03-31 NI670924business:RegisteredOffice2024-08-012025-03-31 NI6709242024-07-31 NI670924core:WithinOneYear2025-03-31 NI670924core:WithinOneYear2024-07-31 NI670924core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 NI670924core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 NI670924core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 NI670924core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 NI670924core:PreviouslyStatedAmount2025-03-31 NI670924core:PreviouslyStatedAmount2024-07-31 NI670924business:SmallEntities2024-08-012025-03-31 NI670924countries:NorthernIreland2024-08-012025-03-31 NI670924core:LandBuildings2024-07-31 NI670924core:LandBuildings2024-08-012025-03-31 NI670924core:LandBuildings2025-03-31 NI6709242023-08-012024-07-31 iso4217:GBP xbrli:pure
Company Registration No. NI670924 (Northern Ireland)
Wylie Cars (N.I.) Limited Unaudited accounts for the period from 1 August 2024 to 31 March 2025
Wylie Cars (N.I.) Limited Unaudited accounts Contents
Page
- 2 -
Wylie Cars (N.I.) Limited Company Information for the period from 1 August 2024 to 31 March 2025
Director
Darren Wylie
Secretary
Darren Wylie
Company Number
NI670924 (Northern Ireland)
Registered Office
133 Crebilly Road Ballymena County Antrim BT42 4DP Northern Ireland
Accountants
TAG Accountants (N.I.) Ltd 81a Galgorm Road Ballymena Co Antrim BT42 1AA
- 3 -
Wylie Cars (N.I.) Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,511 
- 
Current assets
Inventories
115,495 
186,245 
Debtors
5,326 
- 
Cash at bank and in hand
5,004 
40,661 
125,825 
226,906 
Creditors: amounts falling due within one year
(202,782)
(213,354)
Net current (liabilities)/assets
(76,957)
13,552 
Net (liabilities)/assets
(66,446)
13,552 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(66,546)
13,452 
Shareholders' funds
(66,446)
13,552 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 October 2025 and were signed on its behalf by
Darren Wylie Director Company Registration No. NI670924
- 4 -
Wylie Cars (N.I.) Limited Notes to the Accounts for the period from 1 August 2024 to 31 March 2025
1
Statutory information
Wylie Cars (N.I.) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI670924. The registered office is 133 Crebilly Road, Ballymena, County Antrim, BT42 4DP, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 August 2024
- 
Additions
10,511 
At 31 March 2025
10,511 
Depreciation
At 31 March 2025
- 
Net book value
At 31 March 2025
10,511 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
5,326 
- 
- 5 -
Wylie Cars (N.I.) Limited Notes to the Accounts for the period from 1 August 2024 to 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
9,961 
16,811 
VAT
- 
5,483 
Trade creditors
11,856 
- 
Taxes and social security
3,155 
3,155 
Loans from directors
174,810 
186,405 
Accruals
3,000 
1,500 
202,782 
213,354 
7
Average number of employees
During the period the average number of employees was 0 (2024: 0).
- 6 -