NI 059468
PAGE
1
Registration number. NI 059468
Director's report
for the year ended 31 March 2008
The director presents his report and the financial statements for the year ended 31 March
2008.
Principal activity The principal activity of the company is to carry m the business of propert
acquisition and es and any other associated activity or service.
Director and their interests The directors who served during the year and theirs interest in
the company are as stated below:
This report is prepared in accordance with the special provisions of part 1 of the Companies
(Northern Ireland) Order 1986.
This report was approved by the Board on 30 April 2008.................and signed on its
behalf by
Mary Toner
Secretary
PAGE
2
Registration number. NI 059468
2008 2007
Cost of sales
Gross profit 10389 14463
Administrative expenses 2341 3706
Operating profit 8049 10757
Interest payable and similar charges nil nil
Profit on ordinary 8049 10757
activities before taxation
Dividends Nil
Retained profit for the year 6439 8714
Retained profit brought forward 8714 nil
Retained profit carried forward 15152 8714
There are no recognised gains or losses other than the profit or loss for the above
two financial years.
PAGE
3
Registration number. NI 059468
Balance sheet
as at 31 Mar 2008
2008 2007
Fixed assets
Current assets
Creditors: amounts falling due within one year HMRC 1610 5750
Net current assets 15154 8715
Creditors: amounts falling due after more than one year nil nil
The director's statements required by Article 257B(4) are shown on the following
page which forms part of this Balance Sheet.
PAGE
4
Registration number. NI 059468
(a) that for the year stated above the company was entitled to the exemption conferred by Article
257A(1) of the Companies (Northern Ireland) Order 1986 ;
(b) that no notice has been deposited at the registered office of the company pursuant to Article
257B(2) requesting that an audit be conducted for the year ended 31 March 2008 and
(1) ensuring that the company keeps accounting records which comply with Article 229, and
(2) preparing financial statements which give a true and fair view of the state of affairs of the company
as at the end of the financial year and of its profit or loss for the year then ended in accordance with the
requirements of Article 234 and which otherwise comply with the provisions of the Companies
(Northern Ireland) Order relating to financial statements, so far as applicable to the company.
In preparing these financial statements we have relied on the exemptions for individual financial
statements conferred by Section A of Part 1 of Schedule 8 of the Companies (Northern Ireland) Order
1986 on the grounds that the company is entitled to the benefit of those exemptions as a small sized
company.
The financial statements were approved by the Board on 30 April 2008 . and signed on its
behalf by
William Toner
Director
Mary Toner
Company Secretaruy
PAGE
5
Registration number. NI 059468
Notes to the financial statements for the year ended 31 March 2008
1. Accounting policies
The company has taken advantage of the exemption in FRS1 from the requirement to produce a
cashfiow statement because it is a small company.
1.2. Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during
the year.
1.3. Goodwill
NA
1.5. Leasing and hire purchase commitments
NA
2. Turnover
The total turnover of the company for the year has been derived from its principal activity wholly
undertaken in the UK,
PAGE
6