Company Registration No. NI669862 (Northern Ireland)
Abercorn Consultancy Ltd
Unaudited accounts
for the year ended 31 May 2026
Abercorn Consultancy Ltd
Unaudited accounts
Contents
Abercorn Consultancy Ltd
Company Information
for the year ended 31 May 2026
Company Number
NI669862 (Northern Ireland)
Registered Office
Apartment 4
12 Abercorn Drive
Ballyclare
BT39 9AE
United Kingdom
Accountants
PGR Chartered Accountants
Unit 2 Channel Wharf
21 Old Channel Road
Belfast
Antrim
BT3 9DE
Abercorn Consultancy Ltd
Statement of financial position
as at 31 May 2026
Investment property
105,000
100,000
Cash at bank and in hand
39,325
37,403
Creditors: amounts falling due within one year
(3,021)
(2,934)
Net current assets
107,313
102,439
Net assets
212,313
202,439
Called up share capital
10
10
Profit and loss account
212,303
202,429
Shareholders' funds
212,313
202,439
For the year ending 31 May 2026 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 director acknowledges his 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 and authorised for issue on 5 November 2026 and were signed on its behalf by
Michael McKee
Director
Company Registration No. NI669862
Abercorn Consultancy Ltd
Notes to the Accounts
for the year ended 31 May 2026
Abercorn Consultancy Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI669862. The registered office is Apartment 4, 12 Abercorn Drive, Ballyclare, BT39 9AE, 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.
Having reviewed the resources available the director believes that the company 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 the preparation of its financial statements.
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 rental of investment property is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% Straight Line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investments in shares are included at fair value.
Abercorn Consultancy Ltd
Notes to the Accounts
for the year ended 31 May 2026
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 June 2025
100,000
Net gain from fair value adjustments
1,160
6
Investments held as current assets
2026
2025
Unlisted investments
71,009
67,970
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
1,570
1,524
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Average number of employees
During the year the average number of employees was 0 (2025: 0).