Company registration number:
NI674868
Painted Earth Ltd
Unaudited filleted financial statements
31 March 2026
Painted Earth Ltd
Contents
Directors and other information
Accountants' report
Statement of financial position and notes to the financial statements
Painted Earth Ltd
Directors and other information
|
|
|
|
Directors |
Mr Brendan Gorman |
|
|
Mrs Danielle Gorman |
|
|
|
|
|
|
|
Company number |
NI674868 |
|
|
|
|
|
|
|
Registered office |
64 Wateresk Road |
|
|
Castlewellan |
|
|
Co. Down |
|
|
BT31 9EZ |
|
|
|
|
|
|
|
Accountants |
McGuire + Farry Limited |
|
|
Emerson House |
|
|
14b Ballynahinch Road |
|
|
Carryduff, Belfast |
|
|
Co. Antrim |
|
|
BT8 8DN |
|
|
|
Painted Earth Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Painted Earth Ltd
Year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Painted Earth Ltd for the year ended 31 March 2026 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Painted Earth Ltd, as a body, in accordance with the terms of our engagement letter dated 20 December 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Painted Earth Ltd and state those matters that we have agreed to state to the board of directors of Painted Earth Ltd as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Painted Earth Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Painted Earth Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Painted Earth Ltd. You consider that Painted Earth Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Painted Earth Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
McGuire + Farry Limited
Chartered Certified Accountants
Emerson House
14b Ballynahinch Road
Carryduff, Belfast
Co. Antrim
BT8 8DN
24 July 2026
Painted Earth Ltd
Statement of financial position
31 March 2026
|
|
|
2026 |
|
|
2025 |
|
|
|
|
£ |
£ |
|
£ |
£ |
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
|
60,876 |
|
|
72,202 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Current assets |
|
|
89,552 |
|
|
60,993 |
|
|
Prepayments and accrued income |
|
|
1,625 |
|
|
1,625 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
91,177 |
|
|
62,618 |
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
|
(
149,528) |
|
|
(
153,149) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Net current liabilities |
|
|
|
(
58,351) |
|
|
(
90,531) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
|
2,525 |
|
|
(
18,329) |
|
|
|
|
|
|
|
|
|
Provisions for liabilities |
|
|
|
(
1,950) |
|
|
956 |
|
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
|
(
2,150) |
|
|
(
5,871) |
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
_______ |
|
Net liabilities |
|
|
|
(
1,575) |
|
|
(
23,244) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
(
1,575) |
|
|
(
23,244) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Notes to the financial statements
Painted Earth Ltd
Year ended 31 March 2026
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2025:
5
).
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
24 July 2026
, and are signed on behalf of the board by:
Mr Brendan Gorman
Mrs Danielle Gorman
Director
Director
Company registration number:
NI674868
The company is a private company limited by shares, registered in Northern Ireland.