0 Camtech Solutions Ltd NI723623 false 2024-11-12 2026-02-28 2026-02-28 The principal activity of the company is Other Information Technology Service Activities Digita Accounts Production Advanced 6.30.9574.0 true NI723623 2024-11-12 2026-02-28 NI723623 2026-02-28 NI723623 bus:Director1 1 2026-02-28 NI723623 bus:OrdinaryShareClass1 2026-02-28 NI723623 core:CurrentFinancialInstruments 2026-02-28 NI723623 core:CurrentFinancialInstruments core:WithinOneYear 2026-02-28 NI723623 core:FurnitureFittingsToolsEquipment 2026-02-28 NI723623 core:OtherPropertyPlantEquipment 2026-02-28 NI723623 bus:SmallEntities 2024-11-12 2026-02-28 NI723623 bus:AuditExemptWithAccountantsReport 2024-11-12 2026-02-28 NI723623 bus:FilletedAccounts 2024-11-12 2026-02-28 NI723623 bus:SmallCompaniesRegimeForAccounts 2024-11-12 2026-02-28 NI723623 bus:RegisteredOffice 2024-11-12 2026-02-28 NI723623 bus:Director1 2024-11-12 2026-02-28 NI723623 bus:Director1 1 2024-11-12 2026-02-28 NI723623 bus:OrdinaryShareClass1 2024-11-12 2026-02-28 NI723623 bus:PrivateLimitedCompanyLtd 2024-11-12 2026-02-28 NI723623 bus:Agent1 2024-11-12 2026-02-28 NI723623 core:FurnitureFittingsToolsEquipment 2024-11-12 2026-02-28 NI723623 core:OtherPropertyPlantEquipment 2024-11-12 2026-02-28 NI723623 countries:NorthernIreland 2024-11-12 2026-02-28 NI723623 bus:Director1 1 2024-11-11 xbrli:pure iso4217:GBP xbrli:shares

Registration number: NI723623

Camtech Solutions Ltd
Unaudited Filleted Financial Statements
for the Period from 12 November 2024 to 28 February 2026

Camtech Solutions Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 9

Camtech Solutions Ltd

Company Information

Director | Mr Ruairi Mc Keown

Registered office | Unit 2d Camlough Retail Park Camlough Newry Co. Down BT35 7GB

Accountants | SP McKeown & Co Ltd Chartered Certified Accountants, Registered Auditors and Tax Advisors5 Lower Catherine Street Newry Co Down BT35 6BE

Camtech Solutions Ltd

(Registration number: NI723623)
Balance Sheet as at 28 February 2026

| Note | 2026 £
Fixed assets |  |
Tangible assets | 4 | 11,602
Current assets |  |
Debtors | 5 | 24,450
Cash at bank and in hand |  | 2,903
|  | 27,353
Creditors: Amounts falling due within one year | 6 | (46,235)
Net current liabilities |  | (18,882)
Total assets less current liabilities |  | (7,280)
Provisions for liabilities |  | (223)
Net liabilities |  | (7,503)
Capital and reserves |  |
Called up share capital | 7 | 100
Retained earnings |  | (7,603)
Shareholders' deficit |  | (7,503)

For the financial period ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 August 2026

......................................... Mr Ruairi Mc Keown Director |  |

Camtech Solutions Ltd

Notes to the Unaudited Financial Statements for the Period from 12 November 2024 to 28 February 2026

1 | General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
Unit 2d
Camlough Retail Park
Camlough
Newry
Co. Down
BT35 7GB

These financial statements were authorised for issue by the director on 12 August 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Camtech Solutions Ltd

Notes to the Unaudited Financial Statements for the Period from 12 November 2024 to 28 February 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Camtech Solutions Ltd

Notes to the Unaudited Financial Statements for the Period from 12 November 2024 to 28 February 2026

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

Camtech Solutions Ltd

Notes to the Unaudited Financial Statements for the Period from 12 November 2024 to 28 February 2026

4 | Tangible assets

| Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
Additions | 4,175 | 9,085 | 13,260
At 28 February 2026 | 4,175 | 9,085 | 13,260
Depreciation
Charge for the period | 522 | 1,136 | 1,658
At 28 February 2026 | 522 | 1,136 | 1,658
Carrying amount
At 28 February 2026 | 3,653 | 7,949 | 11,602

5 | Debtors

Current | 2026 £
Trade debtors | 18,931
Prepayments | 4,000
Other debtors | 1,519
| 24,450

6 | Creditors

Creditors: amounts falling due within one year

| 2026 £
Due within one year |
Trade creditors | 3,419
Taxation and social security | 3,757
Accruals and deferred income | 950
Other creditors | 38,109
| 46,235

7 | Share capital

Allotted, called up and fully paid shares

Camtech Solutions Ltd

Notes to the Unaudited Financial Statements for the Period from 12 November 2024 to 28 February 2026

| 2026
| No. | £
Ordinary share capital of £1 each | 100 | 100

8 | Related party transactions

Camtech Solutions Ltd

Notes to the Unaudited Financial Statements for the Period from 12 November 2024 to 28 February 2026

Transactions with the director

2026 | At 12 November 2024 £ | Advances to director £ | Repayments by director £ | At 28 February 2026 £
Mr Ruairi Mc Keown
Directors loan account | - | (47,867) | 57,975 | 10,109

Camtech Solutions Ltd

Notes to the Unaudited Financial Statements for the Period from 12 November 2024 to 28 February 2026

Director's remuneration

The director's remuneration for the period was as follows:

| 2026 £
Remuneration | 11,522