Company Registration No. NI697870 (Northern Ireland)
Portstewart Electrical Ltd
Unaudited accounts
for the year ended 30 June 2025
Portstewart Electrical Ltd
Unaudited accounts
Contents
Portstewart Electrical Ltd
Company Information
for the year ended 30 June 2025
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
Unit 7
Coleraine Business Park
Loughanhill Industrial Estate
Coleraine
BT52 2NR
Portstewart Electrical Ltd
Statement of financial position
as at 30 June 2025
Intangible assets
11,822
6,440
Tangible assets
11,395
8,750
Cash at bank and in hand
34,665
25,973
Creditors: amounts falling due within one year
(18,436)
(6,423)
Net current assets
87,475
83,639
Total assets less current liabilities
110,692
98,829
Creditors: amounts falling due after more than one year
(91,536)
(88,260)
Called up share capital
100
100
Profit and loss account
19,056
10,469
Shareholders' funds
19,156
10,569
For the year ending 30 June 2025 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 20 August 2025 and were signed on its behalf by
Liam Cunning
Director
Company Registration No. NI697870
Portstewart Electrical Ltd
Notes to the Accounts
for the year ended 30 June 2025
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.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
4
Intangible fixed assets
Other
Portstewart Electrical Ltd
Notes to the Accounts
for the year ended 30 June 2025
5
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
8,060
(78)
Taxes and social security
1,516
872
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
91,536
88,260
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).