BrightAccountsProduction v1.0.0 v1.0.0 2024-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts Sale and rental of plant and machinery 28 July 2025 21 21 NI048838 2024-12-31 NI048838 2023-12-31 NI048838 2022-12-31 NI048838 2024-01-01 2024-12-31 NI048838 2023-01-01 2023-12-31 NI048838 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI048838 uk-curr:PoundSterling 2024-01-01 2024-12-31 NI048838 uk-bus:AbridgedAccounts 2024-01-01 2024-12-31 NI048838 uk-core:ShareCapital 2024-12-31 NI048838 uk-core:ShareCapital 2023-12-31 NI048838 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI048838 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI048838 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 NI048838 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 NI048838 uk-bus:FRS102 2024-01-01 2024-12-31 NI048838 uk-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-01-01 2024-12-31 NI048838 uk-core:Goodwill 2024-01-01 2024-12-31 NI048838 uk-core:LandBuildings 2024-01-01 2024-12-31 NI048838 uk-core:PlantMachinery 2024-01-01 2024-12-31 NI048838 uk-core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 NI048838 uk-core:MotorVehicles 2024-01-01 2024-12-31 NI048838 uk-core:Goodwill 2023-12-31 NI048838 uk-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 NI048838 uk-core:Goodwill 2024-12-31 NI048838 uk-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 NI048838 uk-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 NI048838 2024-01-01 2024-12-31 NI048838 uk-bus:Director1 2024-01-01 2024-12-31 NI048838 uk-bus:Director2 2024-01-01 2024-12-31 NI048838 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI048838

NORTHERN MATERIALS HANDLING (IRELAND) LIMITED

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

for the financial year ended 31 December 2024

NORTHERN MATERIALS HANDLING (IRELAND) LIMITED

Company Registration Number: NI048838

ABRIDGED STATEMENT OF FINANCIAL POSITION

as at 31 December 2024

|  |  | 2024 |  | 2023
|  | Notes | £ |  | £
Non-Current Assets

Intangible assets |  | 4 | 6,749 |  | 25,448
Property, plant and equipment |  | 5 | 508,314 |  | 274,305
|  |  | ───────── |  | ─────────
Non-Current Assets |  |  | 515,063 |  | 299,753
|  |  | ───────── |  | ─────────
Current Assets

Stocks |  |  | 580,911 |  | 527,235
Debtors |  |  | 365,910 |  | 510,608
Cash and cash equivalents |  |  | 210,856 |  | 82,410
|  |  | ───────── |  | ─────────
|  |  | 1,157,677 |  | 1,120,253
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  |  | (620,954) |  | (676,660)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 536,723 |  | 443,593
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 1,051,786 |  | 743,346
Creditors:

amounts falling due after more than one year |  |  | (441,614) |  | (265,227)
Provisions for liabilities |  |  | (123,038) |  | (64,278)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 487,134 |  | 413,841
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 1,000 |  | 1,000
Retained earnings |  |  | 486,134 |  | 412,841
|  |  | ───────── |  | ─────────
Shareholders' Funds |  |  | 487,134 |  | 413,841
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Directors' Report.

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 28 July 2025 and signed on its behalf by

________________________________ |  |  | ________________________________
Elizabeth McCarry |  |  | Sean McCarry
Director |  |  | Director

NORTHERN MATERIALS HANDLING (IRELAND) LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024

1. | General Information
| NORTHERN MATERIALS HANDLING (IRELAND) LIMITED is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI048838. The registered office of the company is. Sale and rental of plant and machinery The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 31 December 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
| Intangible assets
| Intangible assets are valued at cost less accumulated amortisation.
| Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 0 years.
| Goodwill
| Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised on a straight line basis over its economic useful life of 0 years, which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
| Property, plant and equipment and depreciation
| Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
|  | Land and buildings freehold | - | 4% Straight line
|  | Plant and machinery | - | 20% Straight line
|  | Fixtures, fittings and equipment | - | 20% Straight line
|  | Motor vehicles | - | 20% Reducing balance
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Stocks
| Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Provisions
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
| Employee benefits
| The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
| Research and development
| Development expenditure is written off in the same financial year unless the directors are satisfied as to the technical, commercial and financial viability of individual projects. In this situation, the expenditure is deferred and amortised over the period from which the company is expected to benefit.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including directors, during the financial year was 21, (2023 - 21).
|  | 2024 | 2023
|  | Number | Number
| Total | 21 | 21
|  | ═════════ | ═════════

4. | Intangible assets
|  | Development |  |
|  | Costs | Goodwill | Total
|  | £ | £ | £
| Cost
| At 1 January 2024 | 10,459 | 316,521 | 326,980
|  | ───────── | ───────── | ─────────
| At 31 December 2024 | 10,459 | 316,521 | 326,980
|  | ───────── | ───────── | ─────────
| Amortisation
| At 1 January 2024 | 6,744 | 294,788 | 301,532
| Charge for financial year | 2,873 | 15,826 | 18,699
|  | ───────── | ───────── | ─────────
| At 31 December 2024 | 9,617 | 310,614 | 320,231
|  | ───────── | ───────── | ─────────
| Net book value
| At 31 December 2024 | 842 | 5,907 | 6,749
|  | ═════════ | ═════════ | ═════════
| At 31 December 2023 | 3,715 | 21,733 | 25,448
|  | ═════════ | ═════════ | ═════════

5. | Property, plant and equipment
|  | Land and | Plant and | Fixtures, | Motor | Total
|  | buildings | machinery | fittings and | vehicles |
|  | freehold |  | equipment |  |
|  | £ | £ | £ | £ | £
| Cost
| At 1 January 2024 | 19,449 | 609,975 | 103,940 | 156,386 | 889,750
| Additions | - | 116,594 | 5,000 | 202,850 | 324,444
| Disposals | - | (29,318) | - | - | (29,318)
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| At 31 December 2024 | 19,449 | 697,251 | 108,940 | 359,236 | 1,184,876
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| Depreciation
| At 1 January 2024 | - | 420,215 | 90,534 | 104,696 | 615,445
| Charge for the financial year | - | 42,307 | 4,873 | 34,004 | 81,184
| On disposals | - | (20,067) | - | - | (20,067)
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| At 31 December 2024 | - | 442,455 | 95,407 | 138,700 | 676,562
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| Net book value
| At 31 December 2024 | 19,449 | 254,796 | 13,533 | 220,536 | 508,314
|  | ═════════ | ═════════ | ═════════ | ═════════ | ═════════
| At 31 December 2023 | 19,449 | 189,760 | 13,406 | 51,690 | 274,305
|  | ═════════ | ═════════ | ═════════ | ═════════ | ═════════