HARBOUR MILLS LIMITED

Company Registration Number:
NI643465 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

HARBOUR MILLS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Notes

HARBOUR MILLS LIMITED

Balance sheet

As at 31 January 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 3,834,478 3,805,900
Total fixed assets: 3,834,478 3,805,900
Current assets
Debtors: 4 234,007 86,933
Cash at bank and in hand: 180,381 234,537
Total current assets: 414,388 321,470
Creditors: amounts falling due within one year: 5 (1,712,669) (1,668,457)
Net current assets (liabilities): (1,298,281) (1,346,987)
Total assets less current liabilities: 2,536,197 2,458,913
Creditors: amounts falling due after more than one year: 6 (1,995,796) (2,123,983)
Total net assets (liabilities): 540,401 334,930
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 540,397 334,926
Shareholders funds: 540,401 334,930

The notes form part of these financial statements

HARBOUR MILLS LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 October 2025
and signed on behalf of the board by:

Name: JC McGinnis
Status: Director

The notes form part of these financial statements

HARBOUR MILLS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HARBOUR MILLS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

2. Employees

2025 2024
Average number of employees during the period 6 6

HARBOUR MILLS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible Assets

Total
Cost £
At 01 February 2024 3,822,555
Additions 33,089
At 31 January 2025 3,855,644
Depreciation
At 01 February 2024 16,655
Charge for year 4,511
At 31 January 2025 21,166
Net book value
At 31 January 2025 3,834,478
At 31 January 2024 3,805,900

HARBOUR MILLS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 0 0

HARBOUR MILLS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

Trade creditors - 37,881 Bank loan - 118,068 Bounce back loan - 10,000 Other tax and social security - 28,218 Amounts owed to related party - 1,357,138 Corporation tax - 67,385 Other creditors - 55,268 Accruals and deferred income - 38,711 Total - 1,712,669

HARBOUR MILLS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

6. Creditors: amounts falling due after more than one year note

Bank loan - 1,991,034 Bounce back loan - 4,762 Total - 1,995,796

HARBOUR MILLS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

7. Related party transactions

Name of the related party: Uladh Properties Limited
Relationship:
Related company
Description of the Transaction: Loan
£
Balance at 01 February 2024 578,569
Balance at 31 January 2025 578,569
Name of the related party: Quayside Derry Ltd
Relationship:
Related company
Description of the Transaction: Loan
£
Balance at 01 February 2024 778,569
Balance at 31 January 2025 778,569
Name of the related party: McGinnis Developments Limited
Relationship:
Related company
Description of the Transaction: Loan
£
Balance at 01 February 2024 0
Balance at 31 January 2025 630

HARBOUR MILLS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

8. Post balance sheet events

There have been no significant events affecting the company since the period end.