IRIS Accounts Production v24.3.2.46 NI051820 Board of Directors Board of Directors 1.12.23 30.11.24 30.11.24 0 0 false true false false true false ORD 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI0518202023-11-30NI0518202024-11-30NI0518202023-12-012024-11-30NI0518202022-11-30NI0518202022-12-012023-11-30NI0518202023-11-30NI051820ns15:NorthernIreland2023-12-012024-11-30NI051820ns14:PoundSterling2023-12-012024-11-30NI051820ns10:Director12023-12-012024-11-30NI051820ns10:Director22023-12-012024-11-30NI051820ns10:PrivateLimitedCompanyLtd2023-12-012024-11-30NI051820ns10:SmallEntities2023-12-012024-11-30NI051820ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-30NI051820ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-30NI051820ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-30NI051820ns10:FullAccounts2023-12-012024-11-30NI051820ns10:OrdinaryShareClass12023-12-012024-11-30NI051820ns10:RegisteredOffice2023-12-012024-11-30NI051820ns5:CurrentFinancialInstruments2024-11-30NI051820ns5:CurrentFinancialInstruments2023-11-30NI051820ns5:Non-currentFinancialInstruments2024-11-30NI051820ns5:Non-currentFinancialInstruments2023-11-30NI051820ns5:ShareCapital2024-11-30NI051820ns5:ShareCapital2023-11-30NI051820ns5:RetainedEarningsAccumulatedLosses2024-11-30NI051820ns5:RetainedEarningsAccumulatedLosses2023-11-30NI051820ns5:PlantMachinery2023-12-012024-11-30NI051820ns5:PlantMachinery2023-11-30NI051820ns5:PlantMachinery2024-11-30NI051820ns5:PlantMachinery2023-11-30NI051820ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-30NI051820ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-30NI051820ns10:OrdinaryShareClass12024-11-30
REGISTERED NUMBER: NI051820 (Northern Ireland)















TREANOR ELECTRICAL LIMITED

Unaudited Financial Statements for the Year Ended 30 November 2024






TREANOR ELECTRICAL LIMITED (REGISTERED NUMBER: NI051820)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


TREANOR ELECTRICAL LIMITED

Company Information
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: E Treanor
P Treanor





REGISTERED OFFICE: 53Gortgonis Road
Coalisland
Co. Tyrone
BT71 4QF





REGISTERED NUMBER: NI051820 (Northern Ireland)





ACCOUNTANTS: CavanaghKelly
Chartered Accountants
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP

TREANOR ELECTRICAL LIMITED (REGISTERED NUMBER: NI051820)

Statement of Financial Position
30 NOVEMBER 2024

2024 2023
Notes £ £
NON-CURRENT ASSETS
Property, plant and equipment 5 18,598 23,248

CURRENT ASSETS
Inventories 6 6,575 7,325
Receivables: amounts falling due within
one year

7

193,201

205,504
Cash at bank 12,033 3,902
211,809 216,731
PAYABLES
Amounts falling due within one year 8 (108,715 ) (122,725 )
NET CURRENT ASSETS 103,094 94,006
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,692

117,254

PAYABLES
Amounts falling due after more than
one year

9

(8,676

)

(16,401

)

PROVISIONS FOR LIABILITIES (3,533 ) (5,521 )
NET ASSETS 109,483 95,332

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 109,481 95,330
SHAREHOLDERS' FUNDS 109,483 95,332

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.

TREANOR ELECTRICAL LIMITED (REGISTERED NUMBER: NI051820)

Statement of Financial Position - continued
30 NOVEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2025 and were signed on its behalf by:




E Treanor - Director



P Treanor - Director


TREANOR ELECTRICAL LIMITED (REGISTERED NUMBER: NI051820)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Treanor Electrical Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% reducing balance

Inventories
Inventories are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand and deposits held at call with banks.

Share capital
Ordinary Shares are classified as equity. Incremental costs directly attributable to the issue of new
ordinary shares are shown in equity as a deduction, net of tax, from the proceeds.

TREANOR ELECTRICAL LIMITED (REGISTERED NUMBER: NI051820)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£
COST
At 1 December 2023
and 30 November 2024 152,490
DEPRECIATION
At 1 December 2023 129,242
Charge for year 4,650
At 30 November 2024 133,892
NET BOOK VALUE
At 30 November 2024 18,598
At 30 November 2023 23,248

6. INVENTORIES
2024 2023
£ £
Inventories 4,075 4,575
Work-in-progress 2,500 2,750
6,575 7,325

7. RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade receivables 175,674 185,782
Amounts owed by group undertakings 10,964 19,150
VAT 6,563 572
193,201 205,504

8. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 8,186 8,186
Trade payables 21,746 21,387
Other payables 78,783 93,152
108,715 122,725

9. PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR
2024 2023
£ £
Bank loans 3,856 11,581
Hire purchase contracts 4,820 4,820
8,676 16,401

TREANOR ELECTRICAL LIMITED (REGISTERED NUMBER: NI051820)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
2 ORD 1 2 2