Company registration number:
NI662998
Somerset Agencies Ltd
Unaudited filleted financial statements
31 July 2025
Somerset Agencies Ltd
Contents
Statement of financial position and notes to the financial statements
Somerset Agencies Ltd
Statement of financial position
31 July 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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24,192 |
|
28,866 |
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_______ |
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_______ |
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Current assets |
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179,428 |
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176,907 |
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Creditors: amounts falling due within one year |
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(
195,319) |
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(
192,927) |
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_______ |
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_______ |
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Net current liabilities |
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(
15,891) |
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(
16,020) |
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_______ |
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_______ |
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Total assets less current liabilities |
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8,301 |
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12,846 |
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Accruals and deferred income |
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(
5,210) |
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(
4,475) |
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_______ |
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_______ |
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Net assets |
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3,091 |
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8,371 |
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_______ |
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_______ |
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Capital and reserves |
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3,091 |
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8,371 |
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_______ |
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_______ |
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Notes to the financial statements
Somerset Agencies Ltd
Year ended 31 July 2025
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2024:
5
).
2.
Directors advances, credits and guarantees
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During the year the director 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 director |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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|
Mrs Shauna Stewart |
(
89,092) |
(
8,400) |
9,631 |
(
87,861) |
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_______ |
_______ |
_______ |
_______ |
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2024 |
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Balance brought forward |
Advances /(credits) to the director |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mrs Shauna Stewart |
(
137,438) |
(
8,400) |
56,746 |
(
89,092) |
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_______ |
_______ |
_______ |
_______ |
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3.
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affect both current and future periods.
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The director acknowledges her 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
29 July 2026
, and are signed on behalf of the board by:
Mrs Shauna Stewart
Director
Company registration number:
NI662998
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is
Somerset Agencies Ltd
, 88 Somerset Park, Coleraine, Londonderry, BT51 3LH.