North Power Croaghan Ltd 31/03/2020 iXBRL
North Power Croaghan Ltd 31/03/2020 iXBRL
Company registration number:
NI606562
Trading as
North Power Croaghan Ltd
Unaudited filleted financial statements
E F McCAMBRIDGE & CO
Chartered Accountants, Chartered Tax Advisors
& Registered Auditors
6 Bayview Terrace
Derry
BT48 7EE
Balance sheet
31 March 2020
2020 | 2019 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Debtors | 6 |
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Cash at bank and in hand |
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- | |||||||
_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 7 |
(
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(
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_______ | _______ | ||||||||
Net current liabilities |
(
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(
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_______ | _______ | ||||||||
Total assets less current liabilities |
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(
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_______ | _______ | ||||||||
Net assets/(liabilities) |
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(
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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(
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_______ | _______ | ||||||||
Shareholders funds/(deficit) |
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(
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_______ | _______ | ||||||||
Directors responsibilities:
-
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;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
10 November 2020
, and are signed on behalf of the board by:
Director
Director
Company registration number:
NI606562
Notes to the financial statements
Year ended 31 March 2020
1.
General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is North Power Croaghan Ltd, 11 Drumavoley Road, Ballycastle, Co Antrim, BT54 6PG.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
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:
Plant and machinery | - |
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Impairment
Financial instruments
4.
Employee Numbers
The average number of persons employed by the company during the year amounted to
1
(2019: - ).
5.
Tangible assets
Plant and machinery | Total | ||
£ | £ | ||
Cost | |||
At 1 April 2019 and 31 March 2020 |
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_______ | _______ | ||
Depreciation | |||
At 1 April 2019 |
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Charge for the year |
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_______ | _______ | ||
At 31 March 2020 |
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_______ | _______ | ||
Carrying amount | |||
At 31 March 2020 |
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_______ | _______ | ||
At 31 March 2019 |
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_______ | _______ | ||
6.
Debtors
2020 | 2019 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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_______ | _______ | |||
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_______ | _______ | |||
7.
Creditors: amounts falling due within one year
2020 | 2019 | |||
£ | £ | |||
Bank loans and overdrafts | - |
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Social security and other taxes |
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Other creditors |
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_______ | _______ | |||
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_______ | _______ | |||
8.
Directors advances, credits and guarantees
In the year there were no advances or credits granted by the company to the directors, nor were there any guarantees of any kind entered into by the company on behalf of the directors.
9.
Related party transactions
During the year the company entered into the following transactions with related parties:
Transaction value | Balance owed by/(owed to) | ||||
2020 | 2019 | 2020 | 2019 | ||
£ | £ | £ | £ | ||
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- | - |
(
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(
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_______ | _______ | _______ | _______ | ||