1 July 2024 false No description of principal activity Taxfiler 2024.6 NI697870business:PrivateLimitedCompanyLtd2024-07-012025-06-30 NI6978702024-06-30 NI6978702024-07-012025-06-30 NI697870business:AuditExempt-NoAccountantsReport2024-07-012025-06-30 NI697870business:FilletedAccounts2024-07-012025-06-30 NI6978702025-06-30 NI697870business:Director12024-07-012025-06-30 NI697870business:Director22024-07-012025-06-30 NI697870business:RegisteredOffice2024-07-012025-06-30 NI6978702024-06-30 NI697870core:WithinOneYear2025-06-30 NI697870core:WithinOneYear2024-06-30 NI697870core:AfterOneYear2025-06-30 NI697870core:AfterOneYear2024-06-30 NI697870core:ShareCapitalcore:PreviouslyStatedAmount2025-06-30 NI697870core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 NI697870core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-06-30 NI697870core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 NI697870core:PreviouslyStatedAmount2025-06-30 NI697870core:PreviouslyStatedAmount2024-06-30 NI697870business:SmallEntities2024-07-012025-06-30 NI697870countries:NorthernIreland2024-07-012025-06-30 NI697870core:MotorVehicles2024-07-012025-06-30 NI697870core:IntangibleAssetsOtherThanGoodwill2024-06-30 NI697870core:IntangibleAssetsOtherThanGoodwill2024-07-012025-06-30 NI697870core:IntangibleAssetsOtherThanGoodwill2025-06-30 NI697870core:MotorVehicles2024-06-30 NI697870core:MotorVehicles2025-06-30 NI6978702023-06-052024-06-30 iso4217:GBP xbrli:pure
Company Registration No. NI697870 (Northern Ireland)
Portstewart Electrical Ltd Unaudited accounts for the year ended 30 June 2025
Portstewart Electrical Ltd Unaudited accounts Contents
Page
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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
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Portstewart Electrical Ltd Statement of financial position as at 30 June 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
11,822 
6,440 
Tangible assets
11,395 
8,750 
23,217 
15,190 
Current assets
Inventories
71,076 
63,700 
Debtors
170 
389 
Cash at bank and in hand
34,665 
25,973 
105,911 
90,062 
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)
Net assets
19,156 
10,569 
Capital and reserves
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
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Portstewart Electrical Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
S/L
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2024
6,440 
Additions
5,382 
At 30 June 2025
11,822 
Amortisation
At 1 July 2024
- 
At 30 June 2025
- 
Net book value
At 30 June 2025
11,822 
At 30 June 2024
6,440 
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Portstewart Electrical Ltd Notes to the Accounts for the year ended 30 June 2025
5
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 July 2024
9,900 
Additions
4,495 
At 30 June 2025
14,395 
Depreciation
At 1 July 2024
1,150 
Charge for the year
1,850 
At 30 June 2025
3,000 
Net book value
At 30 June 2025
11,395 
At 30 June 2024
8,750 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
170 
389 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
8,110 
4,879 
Trade creditors
8,060 
(78)
Taxes and social security
1,516 
872 
Accruals
750 
750 
18,436 
6,423 
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).
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