The Yellow Door (Portadown) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: NI047382 (Northern Ireland)

The Yellow Door (Portadown) Ltd

Unaudited Financial Statements for the Year Ended 30 September 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

Mrs J Dougan

Registered office:

76 Crowhill Road

Craigavon

Co. Armagh

BT66 7AT

Registered number:

NI047382 (Northern Ireland)

Accountants:

Exchange Accountants Limited

Chartered Certified Accountants

Oakmont House

2 Queens Road

Lisburn

BT27 4TZ

Fixed assets

Intangible assets

4

-

Tangible assets

5

675,540

606,252

675,540

606,252

Current assets

Stocks

70,218

84,214

Debtors

6

183,773

186,688

Prepayments and accrued income

6,399

3,504

Cash at bank and in hand

154,785

272,981

415,175

547,387

Creditors

Amounts falling due within one year

7

(309,780

)

(412,498

)

Net current assets

105,395

134,889

Total assets less current liabilities

780,935

741,141

Creditors

Amounts falling due after more than one
year

8

(36,212

)

(12,709

)

Provisions for liabilities

(38,269

)

(38,269

)

Net assets

706,454

690,163

Capital and reserves

Called up share capital

100

Retained earnings

706,354

690,063

Shareholders' funds

706,454

690,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 June 2026 and were signed by:

Mrs J Dougan - Director

1.	Statutory information

The Yellow Door (Portadown) Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 32 (2024 - 138 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 October 2024

and 30 September 2025

97,092

Amortisation

At 1 October 2024

and 30 September 2025

97,092

Net book value

At 30 September 2025

-

At 30 September 2024

-

5.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

Cost

At 1 October 2024

402,532

332,510

735,042

Additions

-

81,288

At 30 September 2025

402,532

413,798

816,330

Depreciation

At 1 October 2024

-

128,790

Charge for year

-

12,000

At 30 September 2025

-

140,790

Net book value

At 30 September 2025

402,532

273,008

675,540

At 30 September 2024

402,532

203,720

606,252

6.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

142,253

159,181

Other debtors

41,520

27,507

183,773

186,688

7.

Creditors: amounts falling due within one year

2025

2024

£

Bank loans and overdrafts

10,841

Hire purchase contracts

20,750

4,800

Trade creditors

165,374

229,283

Taxation and social security

18,240

60,151

Other creditors

94,575

107,423

309,780

412,498

8.

Creditors: amounts falling due after more than one year

2025

2024

£

Bank loans

1,615

11,559

Hire purchase contracts

34,597

1,150

36,212

12,709

9.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

55,347

5,950

The Hire Purchase liability is secured against the asset to which it relates.

10.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

Mr S T Dougan and Mrs J Dougan

Balance outstanding at start of year

27,507

14,059

Amounts advanced

9,680

21,650

Amounts repaid

(72,900

)

(8,202

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(35,713

)

27,507