Company registration number:
NI065569
P LAGAN ELECTRICS LTD
UNAUDITED FILLETED FINANCIAL STATEMENTS
31 October 2025
P LAGAN ELECTRICS LTD
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
_________________________________________________________________________________________
Contents
Directors and other information
Statement of financial position and notes to the financial statements
P LAGAN ELECTRICS LTD
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
_________________________________________________________________________________________
Company Information
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Directors |
Mr Patrick Lagan |
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Mrs Tanya Lagan |
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Company number |
NI065569 |
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Registered office |
71 Drumbane Road |
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Swatragh |
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BT46 5NN |
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Business address |
71 Drumbane Road |
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Swatragh |
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BT46 5NN |
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Accountant |
A McCrory & Co Ltd |
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15b Molesworth Street |
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Cookstown |
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Tyrone |
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BT80 8NX |
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P LAGAN ELECTRICS LTD
STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2025
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2025 |
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2024 |
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£ |
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£ |
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Fixed assets |
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102,025 |
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125,232 |
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_______ |
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_______ |
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Current assets |
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334,011 |
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587,490 |
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Creditors: amounts falling due within one year |
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(
105,245) |
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(
125,306) |
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_______ |
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_______ |
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Net current assets |
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228,766 |
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462,184 |
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_______ |
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_______ |
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Total assets less current liabilities |
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330,791 |
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587,416 |
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Creditors: amounts falling due after more than one year |
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(
4,107) |
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(
14,216) |
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Provisions for liabilities |
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(
25,715) |
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(
25,715) |
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_______ |
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_______ |
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Net assets |
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300,969 |
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547,485 |
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_______ |
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_______ |
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Capital and reserves |
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300,969 |
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547,485 |
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_______ |
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_______ |
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Notes to the financial statements
P LAGAN ELECTRICS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
_________________________________________________________________________________________
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
6
(2024:
6
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2025 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr Patrick Lagan |
(
43,009) |
7,753 |
(
35,256) |
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_______ |
_______ |
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2024 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr Patrick Lagan |
(
47,207) |
4,198 |
(
43,009) |
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_______ |
_______ |
_______ |
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For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
28 November 2025
, and are signed on behalf of the board by:
Mr Patrick Lagan
Director
Company registration number:
NI065569
The company is a private company limited by shares, registered in NI.