Absalyon Limited - Period Ending 2021-03-30

Absalyon Limited - Period Ending 2021-03-30


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Registration number: NI056672

Absalyon Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 March 2021

 

Absalyon Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

4

 

Absalyon Limited

Company Information

Director

Mr David Wilson

Registered office

34 Dufferin Avenue
Bangor
Down
BT20 3AA

Accountants

Hamilton Morris Waugh
Chartered Accountants
34 Dufferin Avenue
Bangor
Down
BT20 3AA

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Absalyon Limited
for the Year Ended 30 March 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Absalyon Limited for the year ended 30 March 2021 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in Ireland (ICAI), we are subject to its ethical and other professional requirements.

This report is made solely to the Board of Directors of Absalyon Limited, as a body, in accordance with the terms of our engagement letter dated 9 May 2019. Our work has been undertaken solely to prepare for your approval the accounts of Absalyon Limited and state those matters that we have agreed to state to the Board of Directors of Absalyon Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Absalyon Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Absalyon Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Absalyon Limited. You consider that Absalyon Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Absalyon Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Hamilton Morris Waugh
Chartered Accountants
34 Dufferin Avenue
Bangor
Down
BT20 3AA

10 December 2021

 

Absalyon Limited

(Registration number: NI056672)
Balance Sheet as at 30 March 2021

2021
£

2020
£

Fixed assets

450,021

450,021

Current assets

539,199

509,737

Creditors: Amounts falling due within one year

(1,033,209)

(1,032,104)

Net current liabilities

(494,010)

(522,367)

Total assets less current liabilities

(43,989)

(72,346)

Creditors: Amounts falling due after more than one year

(450,000)

(450,000)

Accruals and deferred income

(720)

(690)

 

(494,709)

(523,036)

Capital and reserves

(494,709)

(523,036)

For the financial year ending 30 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 10 December 2021
 

.........................................
Mr David Wilson
Director

 

Absalyon Limited

(Registration number: NI056672)
Balance Sheet as at 30 March 2021

1

General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
34 Dufferin Avenue
Bangor
Down
BT20 3AA
Northern Ireland

These financial statements were authorised for issue by the director on 10 December 2021.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2020 - 0).