NI Hub Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: NI704308

		31 August 2025		31 August 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,246		-

			1,246		-
CURRENT ASSETS
Debtors	5	210,665		4,325
Cash at bank and in hand		186,585		4,888

		397,250		9,213
Creditors: Amounts Falling Due Within One Year	6	(162,269 )		(37,204 )

NET CURRENT ASSETS (LIABILITIES)			234,981		(27,991 )

TOTAL ASSETS LESS CURRENT LIABILITIES			236,227		(27,991 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(312 )		-

NET ASSETS/(LIABILITIES)			235,915		(27,991 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			235,815		(28,091 )

SHAREHOLDERS' FUNDS			235,915		(27,991)

For the year ending 31 August 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Paul Michael Shannon Adamson

Director

24 November 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

NI Hub Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI704308 . The registered office is 18-22 Church Road, Holywood, County Down, BT18 9BU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 33 (2024: NIL)

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NI Hub Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 September 2024	-
Additions	1,300

As at 31 August 2025	1,300

Depreciation
As at 1 September 2024	-
Provided during the period	54

As at 31 August 2025	54

Net Book Value
As at 31 August 2025	1,246

As at 1 September 2024	-

5. Debtors

	31 August 2025	31 August 2024
	£	£
Due within one year
Trade debtors	174,306	150
Other debtors	36,359	4,175

	210,665	4,325

6. Creditors: Amounts Falling Due Within One Year

	31 August 2025	31 August 2024
	£	£
Trade creditors	16,694	-
Other creditors	11,334	37,204
Taxation and social security	134,241	-

	162,269	37,204

7. Share Capital

	31 August 2025	31 August 2024
	£	£
Allotted, Called up and fully paid	100	100

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NI Hub Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 01/09/24	Amounts advanced	Amounts repaid	Amounts written off	As at 31/08/25
	£	£	£	£	£
Paul M S Adamson and Sylvia L Maxwell	0	24,165	(10,312)	0	13,853

Loan balances are repayable on demand. The interest rate applied is the official rate for beneficial loan arrangements.

During the year, total dividends of £10,000 (2024 - nil) were paid to the directors.

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