Company registration number: NI663064
Annual report and unaudited financial statements
for the year ended 31 July 2025
for
KED Electrics Ltd
Pages for filing with the Registrar
Company registration number: NI663064
KED Electrics Ltd
Balance sheet
as at 31 July 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 20,463 15,573
20,463 15,573
Current assets
Debtors 57,958 44,602
Cash at bank and in hand 266,996 290,474
324,954 335,076
Creditors: amounts falling due within one
year 		(79,275) (112,767)
Net current assets 245,679 222,309
Total assets less current liabilities 266,142 237,882
Creditors: Amounts falling due after more
than one year 		38,227 60,497
NET ASSETS 304,369 298,379
Capital and reserves
Called up share capital 100 100
Profit and loss account 304,269 298,279
TOTAL EQUITY 304,369 298,379
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: NI663064
KED Electrics Ltd
Balance sheet - continued
as at 31 July 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr K Convie, Director
25 May 2026
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KED Electrics Ltd
Notes to the financial statements
for the year ended 31 July 2025
1 Company information
KED Electrics Ltd is a private company registered in Northern Ireland. Its registered number is NI663064. The company is limited by shares. Its registered office is 5 Demesne Court, Downpatrick, BT30 6UZ.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Fixtures & fittings - 15% reducing balance
Motor vehicles -
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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KED Electrics Ltd
Notes to the financial statements - continued
for the year ended 31 July 2025
2 Accounting policies - continued
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2024 - 2).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 August 2024 22,683
Additions 8,500
At 31 July 2025 31,183
Depreciation
At 1 August 2024 7,110
Charge for year 3,610
At 31 July 2025 10,720
Net book value
At 31 July 2025 20,463
At 31 July 2024 15,573
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KED Electrics Ltd
Notes to the financial statements - continued
for the year ended 31 July 2025
4 Tangible fixed assets - continued
If ENTER REVALUED CLASS had not been revalued, it would have been included at the following historical cost:
2025 2024
£ £
Cost 16,183 16,183
Accumulated depreciation 5,510 5,510
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024.
2025 2024
£ £
Balance outstanding at start of year 4,685 796
Amounts advanced 15,387 3,890
Balance outstanding at end of year 20,072 4,685
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