Acorah Software Products - Accounts Production 19.2.350 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 NI681980 Mr Johnathan Finlay iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI681980 2024-08-31 NI681980 2025-08-31 NI681980 2024-09-01 2025-08-31 NI681980 frs-core:CurrentFinancialInstruments 2025-08-31 NI681980 frs-core:FurnitureFittings 2025-08-31 NI681980 frs-core:FurnitureFittings 2024-09-01 2025-08-31 NI681980 frs-core:FurnitureFittings 2024-08-31 NI681980 frs-core:MotorVehicles 2025-08-31 NI681980 frs-core:MotorVehicles 2024-09-01 2025-08-31 NI681980 frs-core:MotorVehicles 2024-08-31 NI681980 frs-core:PlantMachinery 2025-08-31 NI681980 frs-core:PlantMachinery 2024-09-01 2025-08-31 NI681980 frs-core:PlantMachinery 2024-08-31 NI681980 frs-core:ShareCapital 2025-08-31 NI681980 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 NI681980 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 NI681980 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 NI681980 frs-bus:SmallEntities 2024-09-01 2025-08-31 NI681980 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 NI681980 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 NI681980 frs-bus:Director1 2024-09-01 2025-08-31 NI681980 frs-core:CurrentFinancialInstruments 1 2025-08-31 NI681980 frs-core:CurrentFinancialInstruments 2 2025-08-31 NI681980 frs-countries:NorthernIreland 2024-09-01 2025-08-31 NI681980 2023-08-31 NI681980 2024-08-31 NI681980 2023-09-01 2024-08-31 NI681980 frs-core:CurrentFinancialInstruments 2024-08-31 NI681980 frs-core:ShareCapital 2024-08-31 NI681980 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 NI681980 frs-core:CurrentFinancialInstruments 1 2024-08-31 NI681980 frs-core:CurrentFinancialInstruments 2 2024-08-31
Registered number: NI681980
Finlay Electrical LTD
Unaudited Financial Statements
For The Year Ended 31 August 2025
C.G. Accounts
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI681980
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,056 19,056
19,056 19,056
CURRENT ASSETS
Debtors 5 109,077 81,299
Cash at bank and in hand 153,205 94,191
262,282 175,490
Creditors: Amounts Falling Due Within One Year 6 (123,561 ) (82,326 )
NET CURRENT ASSETS (LIABILITIES) 138,721 93,164
TOTAL ASSETS LESS CURRENT LIABILITIES 157,777 112,220
NET ASSETS 157,777 112,220
CAPITAL AND RESERVES
Called up share capital 7 200 200
Profit and Loss Account 157,577 112,020
SHAREHOLDERS' FUNDS 157,777 112,220
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Johnathan Finlay
Director
18/05/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Finlay Electrical LTD is a private company, limited by shares, incorporated in Northern Ireland, registered number NI681980 . The registered office is 16 Hawthorn Hill , Newtownards, Down, BT23 8ET.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Plant & Machinery 15% SL Basis
Motor Vehicles 15% SL Basis
Fixtures & Fittings 10% SL Basis
3. Average Number of Employees
9Average number of employees, including directors, during the year was: 9 (2024: 9)
9 9
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 September 2024 295 20,500 1,500 22,295
As at 31 August 2025 295 20,500 1,500 22,295
Depreciation
As at 1 September 2024 44 3,068 127 3,239
As at 31 August 2025 44 3,068 127 3,239
Net Book Value
As at 31 August 2025 251 17,432 1,373 19,056
As at 1 September 2024 251 17,432 1,373 19,056
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 108,777 81,099
Other debtors 100 100
Called up share capital not paid 200 100
109,077 81,299
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 72,118 30,883
Bank loans and overdrafts 3,427 3,427
Corporation tax 6,275 6,275
National Insurance 963 963
VAT 2,136 2,136
Net wages 129 129
CIS Deductions 4,569 4,569
PAYE 708 708
Director's loan account 33,236 33,236
123,561 82,326
7. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 200 100
Called Up Share Capital has been paid up - 100
Amount of Allotted, Called Up Share Capital 200 200
Page 4