Company Registration No. NI065025 (Northern Ireland)
A.D. Pottie & Co Ltd
Unaudited accounts
for the year ended 31 March 2023
A.D. Pottie & Co Ltd
Unaudited accounts
Contents
A.D. Pottie & Co Ltd
Company Information
for the year ended 31 March 2023
Company Number
NI065025 (Northern Ireland)
Registered Office
1 Church Street
Fintona
BT78 2BR
Accountants
A D Pottie & Co Ltd
1 Church Street
Fintona
Tyrone
BT78 2BR
A.D. Pottie & Co Ltd
Statement of financial position
as at 31 March 2023
Intangible assets
243,198
-
Tangible assets
12,218
15,272
Cash at bank and in hand
29,175
25,790
Creditors: amounts falling due within one year
(207,443)
(101,737)
Net current (liabilities)/assets
(46,131)
67,638
Total assets less current liabilities
209,285
82,910
Creditors: amounts falling due after more than one year
(131,924)
(34,925)
Called up share capital
100,000
100,000
Profit and loss account
(22,639)
(52,015)
Shareholders' funds
77,361
47,985
For the year ending 31 March 2023 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 22 December 2023 and were signed on its behalf by
Donald Pottie
Director
Company Registration No. NI065025
A.D. Pottie & Co Ltd
Notes to the Accounts
for the year ended 31 March 2023
A.D. Pottie & Co Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI065025. The registered office is 1 Church Street, Fintona, BT78 2BR.
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.
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:
Plant & machinery
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
A.D. Pottie & Co Ltd
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
72,048
9,830
81,878
At 31 March 2023
72,048
9,830
81,878
At 1 April 2022
61,477
5,129
66,606
Charge for the year
2,114
940
3,054
At 31 March 2023
63,591
6,069
69,660
At 31 March 2023
8,457
3,761
12,218
At 31 March 2022
10,571
4,701
15,272
Amounts falling due within one year
Trade debtors
49,013
58,668
Accrued income and prepayments
1,874
(283)
Other debtors
81,250
85,200
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
84,126
10,000
Trade creditors
1,545
1,658
Taxes and social security
13,662
17,615
Loans from directors
1,920
43,512
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
