0 01/06/2024 31/05/2025 2025-05-31 false false false false false false true true false false true false false false false false false false No description of principal activities is disclosed 2024-06-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP NI643383 2024-06-01 2025-05-31 NI643383 2025-05-31 NI643383 2024-05-31 NI643383 2023-06-01 2024-05-31 NI643383 2024-05-31 NI643383 2023-05-31 NI643383 bus:Director1 2024-06-01 2025-05-31 NI643383 core:WithinOneYear 2025-05-31 NI643383 core:WithinOneYear 2024-05-31 NI643383 core:ShareCapital 2025-05-31 NI643383 core:ShareCapital 2024-05-31 NI643383 core:RetainedEarningsAccumulatedLosses 2025-05-31 NI643383 core:RetainedEarningsAccumulatedLosses 2024-05-31 NI643383 bus:SmallEntities 2024-06-01 2025-05-31 NI643383 bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 NI643383 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 NI643383 bus:EntityHasNeverTraded 2024-06-01 2025-05-31 NI643383 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 NI643383 bus:FullAccounts 2024-06-01 2025-05-31
Company registration number: NI643383
C.O.N. Holdings Limited
Unaudited filleted financial statements
31 May 2025
C.O.N. Holdings Limited
Statement of financial position
31 May 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 4 | 214,265 |  |  |  | 268,400 |  |
Investments |  | 5 | 1,752 |  |  |  | 1,752 |  |
Cash at bank and in hand |  |  | 1,101 |  |  |  | - |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 217,118 |  |  |  | 270,152 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 6 | ( 45,483) |  |  |  | ( 98,516) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 171,635 |  |  |  | 171,636
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 171,635 |  |  |  | 171,636
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 171,635 |  |  |  | 171,636
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 1,752 |  |  |  | 1,752
Profit and loss account |  |  |  |  | 169,883 |  |  |  | 169,884
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 171,635 |  |  |  | 171,636
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 22 October 2025 , and are signed on behalf of the board by:
Mr G Price
Director
Company registration number: NI643383
C.O.N. Holdings Limited
Notes to the financial statements
Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is C/O 49 Downshire Road, Newry, Co Down, BT34 1BA.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income statement policy
The company is dormant as defined by section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year or prior year.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Amounts owed by group undertakings and undertakings in which the company has a participating interest |  | 209,407 | 263,542
| Other debtors |  | 4,858 | 4,858
|  |  | _______ | _______
|  |  | 214,265 | 268,400
|  |  | _______ | _______

5. Investments

|  |  | 2025 | 2024
|  |  | £ | £
| Investments in group undertakings |  | 1,752 | 1,752
|  |  | _______ | _______

6. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Other creditors |  | 45,483 | 98,516
|  |  | _______ | _______