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CALEDON REGENERATION PARTNERSHIP LIMITED - Company Information

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Caledon Regeneration Partnership Limited

Registered Number:NI031907

For the year ended 28 February 2022

Northern Ireland

Unaudited Financial Statements

For the year ended 28 February 2022

Caledon Regeneration Partnership Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

NI031907

As at 28 February 2022

Caledon Regeneration Partnership Limited

Statement of Financial Position

2021

2022

Notes

Fixed assets

Property, plant and equipment

1,079,918

586,975

1,079,918

586,975

Current assets

Trade and other receivables

2,734

56,152

7,605

Cash and cash equivalents

1,829

57,981

10,339

Trade and other payables: amounts falling due within one

year

(596,978)

(99,615)

(586,639)

(41,634)

Net current liabilities

Total assets less current liabilities

1,038,284

336

Trade and other payables: amounts falling due after more

than one year

(1,037,756)

528

Net assets

336

Capital and reserves

Retained earnings

528

336

528

336

Members' Funds

For the year ended 28 February 2022 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 of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of

each financial year and of its profit or loss for each financial year in accordance with the requirements of Section

394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial

statements, so far as applicable to the company.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr Jim Brady Director

William James Beattie Director

These financial statements were approved and authorised for issue by the Board on 14 October 2022 and were signed by:

The notes form part of these financial statements

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For the year ended 28 February 2022

Caledon Regeneration Partnership Limited

Notes to the Financial Statements

Statutory Information

Caledon Regeneration Partnership Limited is a private limited company, limited by guarantee, domiciled in Northern

Ireland, registration number NI031907.

Registered address:

Caledon Courthouse

42 Main Street

Caledon

BT68 4TZ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

2 Straight line

Plant and Machinery

2 Straight line

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

2. Property, plant and equipment

Total

Plant and

Machinery

Land and

Buildings

Cost or

valuation

At 01 March 2021

787,265

263,998

523,267

519,070

Additions

At 28 February 2022

523,267

783,068

1,306,335

Provision for depreciation and impairment

At 01 March 2021

200,290

34,034

166,256

Charge for year

26,127

15,662

10,465

At 28 February 2022

226,417

49,696

176,721

At 28 February 2022

Net book value

346,546

733,372

1,079,918

At 28 February 2021

357,011

229,964

586,975

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For the year ended 28 February 2022

Caledon Regeneration Partnership Limited

Notes to the Financial Statements Continued

3. Trade and other receivables

2021

2022

Other debtors

56,152

2,734

4. Trade and other payables: amounts falling due within one year

2021

2022

Bank loans and overdraft

55,761

Other creditors

43,854

596,978

99,615

596,978

5. Trade and other payables: amounts falling due after more than one year

2021

2022

Other creditors

1,037,756

6. Average number of persons employed

During the year the average number of employees was 3 (2021 : 2)

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