Company Registration No. NI687691 (Northern Ireland)
PrometNI Ltd
Unaudited accounts
for the year ended 30 April 2024
PrometNI Ltd
Unaudited accounts
Contents
PrometNI Ltd
Company Information
for the year ended 30 April 2024
Directors
Helen Nelson
Scot Nelson
Company Number
NI687691 (Northern Ireland)
Registered Office
9 Lylehill Road East
Templepatrick
Ballyclare
BT39 0HQ
Accountants
Campbell Ritchie Chartered Accountants Ltd
21 Warnocks Lane
Coleraine
Co. Londonderry
BT52 1TH
PrometNI Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
75,247
70,705
Cash at bank and in hand
13,294
26,311
Creditors: amounts falling due within one year
(127,424)
(123,292)
Net current liabilities
(46,556)
(54,048)
Profit and loss account
28,691
16,657
Shareholders' funds
28,691
16,657
For the year ending 30 April 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 17 January 2025 and were signed on its behalf by
Helen Nelson
Director
Company Registration No. NI687691
PrometNI Ltd
Notes to the Accounts
for the year ended 30 April 2024
PrometNI Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI687691. The registered office is 9 Lylehill Road East, Templepatrick, Ballyclare, BT39 0HQ.
2
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 year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 26 April 2022.
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:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
85,498
-
2,000
1,061
88,559
Additions
-
27,995
-
-
27,995
At 30 April 2024
85,498
27,995
2,000
1,061
116,554
At 1 May 2023
17,100
-
400
354
17,854
Charge for the year
17,100
5,599
400
354
23,453
At 30 April 2024
34,200
5,599
800
708
41,307
At 30 April 2024
51,298
22,396
1,200
353
75,247
At 30 April 2023
68,398
-
1,600
707
70,705
PrometNI Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
58,460
41,502
Accrued income and prepayments
1,431
1,431
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Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
22,283
-
Trade creditors
23,531
14,447
Taxes and social security
1,865
1,645
Loans from directors
69,404
100,358
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Average number of employees
During the year the average number of employees was 3 (2023: 4).