Company Registration No. NI697870 (Northern Ireland)
Portstewart Electrical Ltd
Unaudited accounts
for the period from 5 June 2023 to 30 June 2024
Portstewart Electrical Ltd
Unaudited accounts
Contents
Portstewart Electrical Ltd
Company Information
for the period from 5 June 2023 to 30 June 2024
Directors
Jonathan Maxwell
Liam Cunning
Company Number
NI697870 (Northern Ireland)
Registered Office
Dempseys of Portstewart
36 The Promenade
Portstewart
BT55 7AE
United Kingdom
Accountants
Infotax Ltd
River House Business Centre
Castle Lane
Coleraine
BT51 3DR
Portstewart Electrical Ltd
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
25,973
Creditors: amounts falling due within one year
(5,551)
Total assets less current liabilities
99,701
Creditors: amounts falling due after more than one year
(88,260)
Called up share capital
100
Profit and loss account
11,341
Shareholders' funds
11,441
For the period ending 30 June 2024 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by
Liam Cunning
Director
Company Registration No. NI697870
Portstewart Electrical Ltd
Notes to the Accounts
for the period from 5 June 2023 to 30 June 2024
Portstewart Electrical Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI697870. The registered office is Dempseys of Portstewart, 36 The Promenade, Portstewart, BT55 7AE, United Kingdom.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the period from 5 June 2023 to 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 5 June 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
Portstewart Electrical Ltd
Notes to the Accounts
for the period from 5 June 2023 to 30 June 2024
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Tangible fixed assets
Motor vehicles
Charge for the period
1,150
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
8
Creditors: amounts falling due after more than one year
2024
Loans from directors
88,260
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Average number of employees
During the period the average number of employees was 2.