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Registration number: NI037893

ANTRIM QUALITY LAMB LTD
(A company limited by guarantee)
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2024

ANTRIM QUALITY LAMB LTD

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 3

ANTRIM QUALITY LAMB LTD

(Registration number: NI037893)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Current assets |  |  |
Debtors | 4 | 996 | 2,220
Cash at bank and in hand |  | 7,872 | 10,784
|  | 8,868 | 13,004
Creditors: Amounts falling due within one year | 5 | (818) | (327)
Net assets |  | 8,050 | 12,677
Reserves |  |  |
Other reserves |  | 6,537 | 6,537
Retained earnings |  | 1,513 | 6,140
Surplus |  | 8,050 | 12,677

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 March 2026 and signed on its behalf by:

......................................... William Edward Adamson Company secretary and director
......................................... Peter McLernon Director

ANTRIM QUALITY LAMB LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1 | General information

The company is a company limited by guarantee, incorporated in Northern Ireland, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
6 Fort Road
Kilroot
CARRICKFERGUS
County Antrim
BT38 9BS

These financial statements were authorised for issue by the Board on 10 March 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

ANTRIM QUALITY LAMB LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4 | Debtors

Current | 2024 £ | 2023 £
Other debtors | 996 | 2,220
| 996 | 2,220

5 | Creditors

Creditors: amounts falling due within one year

| 2024 £ | 2023 £
Due within one year |  |
Taxation and social security | 28 | 28
Accruals and deferred income | 790 | 299
| 818 | 327