false false false false false false false false false true false false false false false false false No description of principal activity 2016-03-01 Sage Accounts Production Advanced 2017 Update 3 - FRS xbrli:pure xbrli:shares iso4217:GBP NI045569 2016-03-01 2017-02-28 NI045569 2017-02-28 NI045569 2016-02-29 NI045569 2015-03-01 2016-02-29 NI045569 2016-02-29 NI045569 2015-02-28 NI045569 bus:Director1 2016-03-01 2017-02-28 NI045569 bus:Director2 2016-03-01 2017-02-28 NI045569 bus:Director3 2016-03-01 2017-02-28 NI045569 core:WithinOneYear 2017-02-28 NI045569 core:WithinOneYear 2016-02-29 NI045569 bus:Director1 2016-02-29 NI045569 bus:Director1 2017-02-28 NI045569 bus:Director2 2016-02-29 NI045569 bus:Director2 2017-02-28 NI045569 bus:Director3 2016-02-29 NI045569 bus:Director3 2017-02-28 NI045569 bus:Director1 2015-02-28 NI045569 bus:Director1 2016-02-29 NI045569 bus:Director2 2015-02-28 NI045569 bus:Director2 2016-02-29 NI045569 bus:Director3 2015-02-28 NI045569 bus:Director3 2016-02-29 NI045569 bus:Director1 2015-03-01 2016-02-29 NI045569 bus:Director2 2015-03-01 2016-02-29 NI045569 bus:Micro-entities 2016-03-01 2017-02-28 NI045569 bus:AuditExempt-NoAccountantsReport 2016-03-01 2017-02-28 NI045569 bus:FullAccounts 2016-03-01 2017-02-28 NI045569 bus:SmallCompaniesRegimeForAccounts 2016-03-01 2017-02-28 NI045569 bus:PrivateLimitedCompanyLtd 2016-03-01 2017-02-28
COMPANY REGISTRATION NUMBER: NI045569
Cassidy Properties Ltd
Filleted Unaudited Financial Statements
28 February 2017
Cassidy Properties Ltd
Financial Statements
Year ended 28 February 2017
Contents
Page
Statement of financial position and the notes to the financial statements
1
Cassidy Properties Ltd
Statement of Financial Position
28 February 2017
2017
2016
£
£
£
Fixed assets
-
460,000
----
---------
Current assets
-
( 454,180)
Creditors: amounts falling due within one year
184,328
1,271,911
---------
------------
Net current liabilities
184,328
1,726,091
---------
------------
Total assets less current liabilities
( 184,328)
( 1,266,091)
Accruals and deferred income
11,497
11,497
---------
------------
(195,825)
(1,277,588)
---------
------------
Capital and reserves
( 195,825)
( 1,277,588)
---------
------------
Notes to the financial statements
1. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2017
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr C Cassidy
22,810
( 41,129)
( 18,319)
Mr E Cassidy
22,470
( 42,078)
( 19,608)
Mrs M Cassidy
( 146,400)
-
( 146,400)
---------
--------
---------
( 101,120)
( 83,207)
( 184,327)
---------
--------
---------
2016
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr C Cassidy
18,810
4,000
22,810
Mr E Cassidy
18,470
4,000
22,470
Mrs M Cassidy
( 146,400)
-
( 146,400)
---------
-------
---------
( 109,120)
8,000
( 101,120)
---------
-------
---------
Investment Properties During the year action was taken by Bank of Ireland to repossess the Investment properties held by the company. The carrying value at repossession was £460,000. Loans were held by the company against the Investment Properties totalling £1,144,913. At repossession the loans were written of by the Bank of Ireland with the total amount due reduced to nil. This matter is now closed between Cassidy Properties Ltd and Bank of Ireland and no further action with be taken to recover the loss on the loan.
For the year ending 28 February 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 26 July 2017 , and are signed on behalf of the board by:
Mr C Cassidy
Mr E Cassidy
Director
Director
Company registration number: NI045569
The company is a private company limited by shares, registered in .
The address of the registered office is 268 Antrim Road, Belfast, BT15 5AA, Northern Ireland.

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