Castle North West Limited Filleted accounts for Companies House (small and micro)
Castle North West Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
NI635066
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Financial Statements |
Year ended 30 November 2018
Contents |
Pages |
Officers and professional advisers |
1 |
Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements |
2 |
Statement of financial position |
3 to 4 |
Notes to the financial statements |
5 to 8 |
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Officers and Professional Advisers |
The board of directors |
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Company secretary |
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Registered office |
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United Kingdom |
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Accountants |
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Chartered Accountants |
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Aisling House |
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50 Stranmillis Embankment |
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Belfast |
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BT9 5FL |
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Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
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Year ended 30 November 2018
Aisling House
50 Stranmillis Embankment
Belfast
BT9 5FL
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Statement of Financial Position |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
6 |
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Investments |
7 |
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– |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
8 |
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Net current assets/(liabilities) |
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(
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Revaluation reserve |
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– |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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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
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
9 August 2019
, and are signed on behalf of the board by:
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Director |
Company registration number:
NI635066
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Notes to the Financial Statements |
Year ended 30 November 2018
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 2nd Floor (Killultagh) The Linenhall, 32-38 Linenhall Street, Belfast, Antrim, BT2 8BG, United Kingdom.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 December 2016. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 10.
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings |
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Impairment of fixed assets
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2017:
2
).
5.
Tangible assets
Land and buildings |
Fixtures and fittings |
Total |
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£ |
£ |
£ |
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Cost or valuation |
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At 1 December 2017 |
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Revaluations |
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– |
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At 30 November 2018 |
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Depreciation |
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At 1 December 2017 |
– |
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Charge for the year |
– |
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------- |
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At 30 November 2018 |
– |
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Carrying amount |
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At 30 November 2018 |
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At 30 November 2017 |
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6.
Debtors
2018 |
2017 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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– |
Other debtors |
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7.
Investments
2018 |
2017 |
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£ |
£ |
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Current asset investments |
165,548 |
– |
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8.
Creditors:
amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Amounts owed to group undertakings |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
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9.
Related party transactions
Control The company is controlled by its shareholders, Mr Brendan Boyd and Ms Fiona Boyd. Transactions Ms Fiona Boyd is a director of a related company for which expenses totalling £1,900 were paid by the company during the year. The balance due at the year end to the company was £1,900 (2017: £Nil). There were transactions totalling £5,881 with a party related to the director during the year, and the balance owed by the company at the year end was £204,609 (2017: £198,727).
10.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 December 2016.
No transitional adjustments were required in equity or profit or loss for the year.