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Registration number: NI677756

N.I.Harbinson Ltd
Annual Report and Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 March 2025

N.I.Harbinson Ltd

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 4

N.I.Harbinson Ltd

(Registration number: NI677756)
Abridged Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Other financial assets | 4 | 675,432 | 675,432
Current assets |  |  |
Debtors |  | 29,342 | -
Cash at bank and in hand |  | 32,561 | 28,818
|  | 61,903 | 28,818
Creditors: Amounts falling due within one year | 5 | (29,300) | (33,914)
Net current assets/(liabilities) |  | 32,603 | (5,096)
Total assets less current liabilities |  | 708,035 | 670,336
Creditors: Amounts falling due after more than one year | 6 | (159,595) | (277,347)
Net assets |  | 548,440 | 392,989
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 548,340 | 392,889
Total equity |  | 548,440 | 392,989

N.I.Harbinson Ltd

(Registration number: NI677756)
Abridged Balance Sheet as at 31 March 2025

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.

| 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 5 December 2025 and signed on its behalf by:

Mr N Harbinson

Director

Mrs L A Harbinson

Director

N.I.Harbinson Ltd

Notes to the Unaudited Abridged 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:
3 Jubilee Road
Newtownards
BT23 4YH
Northern Ireland

These financial statements were authorised for issue by the Board on 5 December 2025.

2 | Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged 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 the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Tax

The tax expense for the period comprises current and 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.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

3 | Staff numbers

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

N.I.Harbinson Ltd

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

4 | Other financial assets (current and non-current)

| Total £
Non-current financial assets
Cost or valuation
At 1 April 2024 | 675,432
At 31 March 2025 | 675,432
Carrying amount
At 31 March 2025 | 675,432

5 | Creditors: amounts falling due within one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £29,300 (2024 - £20,800).

6 | Creditors: amounts falling due after more than one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £159,596 (2024 - £277,347).

Creditors include bank loans repayable by instalments of £42,396 (2024 - £194,147) due after more than five years.

7 | Related party transactions

Advances to directors

Mr N Harbinson During the period Mr N Harbinson went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £14,671 (2024 - £Nil). At the year end the amount outstanding from Mr N Harbinson was £14,671 (2024 - £Nil). Interest has been charged at the commercial rate.
Mrs L A Harbinson During the period Mrs L A Harbinson went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £14,671 (2024 - £Nil). At the year end the amount outstanding from Mrs L A Harbinson was £14,671 (2024 - £Nil). Interest has been charged at the commercial rate.