Caledon Regeneration Partnership Limited,Ltd - AccountsLtd - Accounts

Caledon Regeneration Partnership Limited,Ltd - AccountsLtd - Accounts

CALEDON REGENERATION PARTNERSHIP LIMITED - Company Information

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2020-03-01 NI031907 2021-02-28 NI031907 2020-03-01 2021-02-28 NI031907 2020-02-29 NI031907 2019-03-01 2020-02-29 NI031907 uk-core:WithinOneYear 2020-02-29 NI031907 uk-core:WithinOneYear 2021-02-28 NI031907 uk-core:RetainedEarningsAccumulatedLosses 2021-02-28 NI031907 uk-core:RetainedEarningsAccumulatedLosses 2020-02-29 NI031907 uk-bus:Director1 2020-03-01 2021-02-28 NI031907 uk-bus:Director2 2020-03-01 2021-02-28 NI031907 uk-core:LandBuildings 2020-03-01 2021-02-28 NI031907 uk-core:PlantMachinery 2020-03-01 2021-02-28 NI031907 uk-core:PlantMachinery 2020-02-29 NI031907 uk-core:LandBuildings 2020-02-29 NI031907 uk-core:LandBuildings 2021-02-28 NI031907 uk-core:PlantMachinery 2021-02-28 iso4217:GBP xbrli:pure NI031907 uk-bus:AuditExemptWithAccountantsReport 2020-03-01 2021-02-28 NI031907 uk-bus:FRS102 2020-03-01 2021-02-28 NI031907 uk-bus:FullAccounts 2020-03-01 2021-02-28 NI031907 uk-bus:CompanyLimitedByGuarantee 2020-03-01 2021-02-28
Caledon Regeneration Partnership Limited
Registered Number:NI031907
For the year ended 28 February 2021
Northern Ireland
Unaudited Financial Statements
2
For the year ended 28 February 2021
Caledon Regeneration Partnership Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI031907
As at 28 February 2021
Caledon Regeneration Partnership Limited
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
586,975
564,942
2
586,975
564,942
Current assets
Trade and other receivables
197
2,734
3
28,168
Cash and cash equivalents
7,605
10,339
28,365
Trade and other payables: amounts falling due within one
year
(592,514)
(596,978)
4
(564,149)
(586,639)
Net current liabilities
Total assets less current liabilities
336
793
336
Net assets
793
Capital and reserves
Retained earnings
336
793
336
793
Members' Funds
For the year ended 28 February 2021 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 2021 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 22 November 2021 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2021
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 2020
750,436
227,169
523,267
36,829
36,829
-
Additions
At 28 February 2021
523,267
263,998
787,265
Provision for depreciation and impairment
At 01 March 2020
185,494
29,703
155,791
Charge for year
14,796
4,331
10,465
At 28 February 2021
200,290
34,034
166,256
At 28 February 2021
Net book value
357,011
229,964
586,975
At 29 February 2020
367,476
197,466
564,942
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5
For the year ended 28 February 2021
Caledon Regeneration Partnership Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2020
2021
£
£
Other debtors
2,734
197
4. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Other creditors
596,978
592,514
5. Average number of persons employed
During the year the average number of employees was 2 (2020 : 2)
3 of 3