Company Registration No. NI673780 (Northern Ireland)
Awaken North Coast Ltd
Unaudited accounts
for the year ended 31 March 2025
Awaken North Coast Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
159,244
178,908
Cash at bank and in hand
16,480
(4,775)
Creditors: amounts falling due within one year
(124,526)
(116,539)
Net current liabilities
(95,220)
(114,872)
Called up share capital
2
2
Profit and loss account
64,022
64,034
Shareholders' funds
64,024
64,036
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 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 of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by
Rodney Forsythe
Director
Company Registration No. NI673780
Awaken North Coast Ltd
Notes to the Accounts
for the year ended 31 March 2025
Awaken North Coast Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI673780. The registered office is 3 Hopefield Court, Portrush, BT56 8QR, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the restaurant activities is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Fixtures & fittings
5% reducing balance
The directors believe that Awaken North Coast Ltd has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Awaken North Coast Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Charge for the year
16,944
Amounts falling due within one year
Amounts due from group undertakings etc.
7,826
329
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
15,546
21,106
Obligations under finance leases and hire purchase contracts
15,733
21,750
Trade creditors
42,880
43,922
Taxes and social security
7,637
-
Other creditors
34,637
29,307
Loans from directors
2,179
454
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 12 (2024: 12).