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REGISTERED NUMBER: NI040031 (Northern Ireland)

Financial Statements for the Year Ended 31 July 2025

for

Retail NI Trade Assoc Ltd

Retail NI Trade Assoc Ltd (Registered number: NI040031)

Contents of the Financial Statements

for the Year Ended 31 July 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |  | to |  | 6

Retail NI Trade Assoc Ltd

Company Information

for the Year Ended 31 July 2025

| DIRECTORS: | P J Doody

| P A McBride

| N R McRobbie

| G Roberts

| P G McCool

| D T Barber

| A R Davis

| J G Crawford

| Mrs H Wall

| N Maxwell

| C O'Reilly

| A M McErlean

| K S Patterson

| T Magill

| SECRETARY: | G Roberts

| REGISTERED OFFICE: | 245 Upper Newtownards Road

| Belfast

| Co. Antrim

| BT4 3JF

| REGISTERED NUMBER: | NI040031 (Northern Ireland)

| AUDITORS: | Lynn Drake & Co Ltd

| Statutory Auditors

| 1st Floor

| 34 B-D Main Street

| Moira

| Co. Armagh

| BT67 0LE

Retail NI Trade Assoc Ltd (Registered number: NI040031)

Statement of Financial Position

31 July 2025

| 31.7.25 | 31.7.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 1,660 |  | 2,797 |  |

CURRENT ASSETS

Debtors | 6 | 37,271 |  | 61,949 |  |

Cash at bank and in hand | 253,123 |  | 221,355 |  |

290,394 |  | 283,304 |  |

CREDITORS

Amounts falling due within one year | 7 | 10,048 |  | 10,818 |  |

NET CURRENT ASSETS | 280,346 |  | 272,486 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 282,006 |  | 275,283 |  |

RESERVES

Income and expenditure account | 282,006 |  | 275,283 |  |

282,006 |  | 275,283 |  |

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

P J Doody - Director

N Maxwell - Director

Retail NI Trade Assoc Ltd (Registered number: NI040031)

Notes to the Financial Statements

for the Year Ended 31 July 2025

1. | STATUTORY INFORMATION

| Retail NI Trade Assoc Ltd is a private company, limited by guarantee , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Improvements to property | - | 20% on cost

| Fixtures and fittings | - | 20% on cost

| Tangible Fixed Assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Financial instruments

| Debtors and creditors receivable/payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment ar recognised in the profit and loss account in other administrative expenses.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Retail NI Trade Assoc Ltd (Registered number: NI040031)

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

3. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit and loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

| Employee benefits

| When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

Retail NI Trade Assoc Ltd (Registered number: NI040031)

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | and |

| property |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 August 2024

| and 31 July 2025 | 3,444 |  | 22,590 |  | 26,034 |  |

| DEPRECIATION

| At 1 August 2024 | 3,444 |  | 19,793 |  | 23,237 |  |

| Charge for year | - |  | 1,137 |  | 1,137 |  |

| At 31 July 2025 | 3,444 |  | 20,930 |  | 24,374 |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  | 1,660 |  | 1,660 |  |

| At 31 July 2024 | - |  | 2,797 |  | 2,797 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.7.25 |  | 31.7.24

£ | £ |

| Trade debtors | 35,699 |  | 59,731 |  |

| Other debtors | 1,250 |  | 1,397 |  |

| Prepayments | 322 |  | 821 |  |

37,271 |  | 61,949 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.7.25 |  | 31.7.24

£ | £ |

| Trade creditors | 577 |  | 3,062 |  |

| Tax | 1,103 |  | 754 |  |

| Social security and other taxes | 2,667 |  | 2,501 |  |

| Other creditors | 2,065 |  | 1,081 |  |

| Accrued expenses | 3,636 |  | 3,420 |  |

10,048 |  | 10,818 |  |

8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Billy Drake (Senior Statutory Auditor)

| for and on behalf of Lynn Drake & Co Ltd

Retail NI Trade Assoc Ltd (Registered number: NI040031)

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

9. | LIMITED BY GUARANTEE

| The company has no share capital and is limited by guarantee.

10. | RESERVE POLICY

| The director's have designated £150,000 of the company reserves towards general projects to assist and protect the company position.