BrightAccountsProduction v1.0.0 v1.0.0 2024-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of electrical engineering. 14 August 2025 NI623205 2025-03-31 NI623205 2024-03-31 NI623205 2023-03-31 NI623205 2024-04-01 2025-03-31 NI623205 2023-04-01 2024-03-31 NI623205 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI623205 uk-curr:PoundSterling 2024-04-01 2025-03-31 NI623205 uk-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI623205 uk-bus:FullAccounts 2024-04-01 2025-03-31 NI623205 uk-bus:Director1 2024-04-01 2025-03-31 NI623205 uk-bus:Director2 2024-04-01 2025-03-31 NI623205 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 NI623205 uk-bus:Agent1 2024-04-01 2025-03-31 NI623205 uk-core:ShareCapital 2025-03-31 NI623205 uk-core:ShareCapital 2024-03-31 NI623205 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI623205 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI623205 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 NI623205 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 NI623205 uk-bus:FRS102 2024-04-01 2025-03-31 NI623205 uk-core:VehiclesPlantMachinery 2024-04-01 2025-03-31 NI623205 uk-core:Vehicles 2024-04-01 2025-03-31 NI623205 uk-core:CurrentFinancialInstruments 2025-03-31 NI623205 uk-core:CurrentFinancialInstruments 2024-03-31 NI623205 uk-core:WithinOneYear 2025-03-31 NI623205 uk-core:WithinOneYear 2024-03-31 NI623205 2024-04-01 2025-03-31 NI623205 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company Registration Number: NI623205
 
 
ETS Control Systems Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 March 2025
ETS Control Systems Limited
DIRECTORS AND OTHER INFORMATION

 
Directors Edwin Gilpin
Olive Gilpin
 
 
Company Registration Number NI623205
 
 
Registered Office and Business Address 45 Old Road
Loughgall
Co. Armagh
BT61 8JD
Northern Ireland
 
 
Accountants MG accountants
(Portadown)
25-27 Carleton Street
Portadown
Co. Armagh
BT62 3EP
United Kingdom
 
 
Bankers Danske Bank
  PO Box 183
  Donegall Square West
  Belfast
  Co. Antrim
  BT1 6JS
  United Kingdom



ETS Control Systems Limited
Company Registration Number: NI623205
BALANCE SHEET
as at 31 March 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 4 30,087 31,459
───────── ─────────
 
Current Assets
Stocks 5 33,050 12,120
Debtors 6 83,505 102,219
Cash and cash equivalents 316,057 278,545
───────── ─────────
432,612 392,884
───────── ─────────
Creditors: amounts falling due within one year 7 (100,520) (89,599)
───────── ─────────
Net Current Assets 332,092 303,285
───────── ─────────
Total Assets less Current Liabilities 362,179 334,744
═════════ ═════════
 
Capital and Reserves
Called up share capital 2 2
Retained earnings 362,177 334,742
───────── ─────────
Equity attributable to owners of the company 362,179 334,744
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for 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 and loss for the 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.
           
Approved by the Board and authorised for issue on 14 August 2025 and signed on its behalf by
           
           
________________________________          
Edwin Gilpin          
Director          
           



ETS Control Systems Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025

   
1. General Information
 
ETS Control Systems Limited is a company limited by shares incorporated in Northern Ireland. 45 Old Road, Loughgall, Co. Armagh, BT61 8JD, Northern Ireland is the registered office, which is also the principal place of business of the company. The nature of the company’s operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax. Revenue is recognised as soon as a sales invoice is created.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 15% Straight line
  Fixtures, fittings and equipment - 15% Straight line
  Motor vehicles - 25% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks 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.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 2, (2024 - 2).
 
  2025 2024
  Number Number
 
Directors 2 2
  ───────── ─────────
  2 2
  ═════════ ═════════
           
4. Tangible assets
  Plant and Fixtures, Motor Total
  machinery fittings and vehicles  
    equipment    
  £ £ £ £
Cost or Valuation
At 1 April 2024 30,649 220 34,928 65,797
Additions 7,475 - - 7,475
  ───────── ───────── ───────── ─────────
At 31 March 2025 38,124 220 34,928 73,272
  ───────── ───────── ───────── ─────────
Depreciation
At 1 April 2024 18,966 72 15,300 34,338
Charge for the financial year 3,918 22 4,907 8,847
  ───────── ───────── ───────── ─────────
At 31 March 2025 22,884 94 20,207 43,185
  ───────── ───────── ───────── ─────────
Net book value
At 31 March 2025 15,240 126 14,721 30,087
  ═════════ ═════════ ═════════ ═════════
At 31 March 2024 11,683 148 19,628 31,459
  ═════════ ═════════ ═════════ ═════════
       
5. Stocks 2025 2024
  £ £
 
Work in progress 33,050 12,120
  ═════════ ═════════
       
6. Debtors 2025 2024
  £ £
 
Trade debtors 73,505 72,875
Other debtors 10,000 10,000
Directors' current accounts - 19,344
  ───────── ─────────
  83,505 102,219
  ═════════ ═════════
       
7. Creditors 2025 2024
Amounts falling due within one year £ £
 
Trade creditors 30,505 41,596
Taxation  (Note 8) 53,995 43,733
Directors' current accounts 11,750 -
Accruals 4,270 4,270
  ───────── ─────────
  100,520 89,599
  ═════════ ═════════
       
8. Taxation 2025 2024
  £ £
 
Creditors:
VAT 21,271 9,731
Corporation tax 32,724 34,002
  ───────── ─────────
  53,995 43,733
  ═════════ ═════════
   
9. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.