Registration number: NI636502

D Robinson & Son Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 6

D Robinson & Son Ltd

(Registration number: NI636502)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	17,437	12,821
Current assets
Stocks	6	256,283	231,101
Debtors	7	28,821	18,646
		285,104	249,747
Creditors: Amounts falling due within one year	8	(262,822)	(230,070)
Net current assets		22,282	19,677
Total assets less current liabilities		39,719	32,498
Creditors: Amounts falling due after more than one year	8	(59,116)	(90,450)
Provisions for liabilities		(1,597)	-
Net liabilities		(20,994)	(57,952)
Capital and reserves
Called up share capital	9	100	100
Retained earnings		(21,094)	(58,052)
Shareholders' deficit		(20,994)	(57,952)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 September 2025 and signed on its behalf by:
 

......................................... Mr Donald Robinson Director

......................................... Mr David Robinson Director

D Robinson & Son Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

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

The address of its registered office is:
51-53 Thomas Street
Ballymena
Co. Antrim
BT43 6AZ

These financial statements were authorised for issue by the Board on 8 September 2025.

2	Accounting policies

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.

Going concern

At 31 March 2025 the company's liabilities exceeded it's assets. The company is therefore dependent on it's continuing financial support from it's directors.The directors have confirmed that they will not withdraw their loans to the company until it has become solvent.

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.

D Robinson & Son Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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:

Asset class	Depreciation method and rate
Plant and machinery	10% Straight Line Basis
Motor vehicles	25% Reducing Balance Basis

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

D Robinson & Son Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 2).

D Robinson & Son Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Profit/loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	3,492	2,966

5	Tangible assets

	Motor vehicles  £	Plant & Machinery £	Total £
Cost or valuation
At 1 April 2024	28,350	35,337	63,687
Additions	-	8,107	8,107
At 31 March 2025	28,350	43,444	71,794
Depreciation
At 1 April 2024	20,729	30,137	50,866
Charge for the year	2,031	1,460	3,491
At 31 March 2025	22,760	31,597	54,357
Carrying amount
At 31 March 2025	5,590	11,847	17,437
At 31 March 2024	7,621	5,200	12,821

6

Stocks

	2025 £	2024 £
Stock and work in progress	256,283	231,101

7

Debtors

Current	2025 £	2024 £
Trade debtors	28,346	18,171
Other debtors	475	475
	28,821	18,646

D Robinson & Son Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Bank loans and overdrafts		121,543	96,869
Trade creditors		27,022	22,275
Taxation and social security		3,616	2,572
Accruals and deferred income		15,750	12,480
Other creditors		94,891	95,874
		262,822	230,070

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		59,116	90,450

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100