Registration number: NI714570

Cardonaghy Property Ltd

(Registration number: NI714570)
Balance Sheet as at 30 April 2025

	Note	2025 £
Fixed assets
Investment property	4	103,148
Current assets
Debtors	5	495
Creditors: Amounts falling due within one year	6	(103,543)
Net current liabilities		(103,048)
Net assets		100
Capital and reserves
Called up share capital	7	100
Shareholders' funds		100

For the financial period ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 January 2026
 

......................................... Mr Richard Walsh Cowan Director

Cardonaghy Property Ltd

Notes to the Unaudited Financial Statements for the Period from 22 April 2024 to 30 April 2025

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: 106A Cardonaghy Road, Cullybackey, Ballymena, BT42 1EF.

These financial statements were authorised for issue by the director on 14 January 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

Cardonaghy Property Ltd

Notes to the Unaudited Financial Statements for the Period from 22 April 2024 to 30 April 2025

4	Investment properties

	2025 £
Additions	103,148
At 30 April	103,148

There has been no valuation of investment property by an independent valuer.

5

Debtors

Current	2025 £
Prepayments	495
	495

6

Creditors

Creditors: amounts falling due within one year

	2025 £
Due within one year
Director's loan account	103,543

7	Share capital

Allotted, called up and fully paid shares

	2025
	No.	£
Ordinary shares of £1 each	100	100

8	Related party transactions

	2025  £
Director's loan account	(103,543)