MORTELLE LTD


Director	MCARDLE, Aoife


Registered Address	71 Kansas Avenue 71 Kansas Avenue
	Belfast
	BT15 5AX


Registered Number	NI632797 (Northern Ireland)

Balance Sheet as at
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		3,669		4,691
			3,669		4,691
Current assets
Debtors	4,5	802,372		501,034
Cash at bank and on hand		405,492		497,623
		1,207,864		998,657
Creditors amounts falling due within one year	6	(211,978)		(53,695)
Net current assets (liabilities)			995,886		944,962
Total assets less current liabilities			999,555		949,653
Net assets			999,555		949,653
Capital and reserves
Called up share capital			1		1
Profit and loss account			999,554		949,652
Shareholders' funds			999,555		949,653

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 15 May 2026, and are signed on its behalf by:

MCARDLE, Aoife
Director
Registered Company No. NI632797

MORTELLE LTD

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from rendering of services
	Revenue 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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Land and buildings	25
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 September 24	25,448
	Additions	158
	At 31 August 25	25,606
	Depreciation and impairment
	At 01 September 24	20,756
	Charge for year	1,180
	Other adjustments	1
	At 31 August 25	21,937
	Net book value
	At 31 August 25	3,669
	At 31 August 24	4,691

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	500,044
Other debtors	156,863	990
Total	156,863	501,034

5.	Debtors: amounts due after one year

	2025	2024
	£	£
Other debtors	645,509	-
Total	645,509	-


	Amount on debtor £645509 is the director specific long term loan which had been charge interest base on HMRC beneficial loan rate.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,296	43
Taxation and social security	172,041	900
Other creditors	8,807	35,029
Accrued liabilities and deferred income	29,834	17,723
Total	211,978	53,695

7.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
MCARDLE, Aoife	0	700,000	63,298	636,702
mortgae loan
	0	700,000	63,298	636,702


	Director loan balance is offet from other debtor (£645,509) and other creditor £8807