REGISTERED NUMBER: 01406354 (England and Wales)

Financial Statements for the Year Ended 30 June 2025

for

Tyrone Textiles Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R L Green

Mr M H Green

Mr C S Green

Mr C L Green

Mr A J Moyes

Ms G J Mudge

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

01406354 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

92,547

127,149

Investments

5

473,382

1,071,423

565,929

1,198,572

CURRENT ASSETS

Stocks

1,340,607

1,081,167

Debtors

6

1,077,358

1,042,597

Cash at bank and in hand

1,342,737

1,171,955

3,760,702

3,295,719

CREDITORS

Amounts falling due within one year

7

(2,334,925

)

(2,493,806

)

NET CURRENT ASSETS

1,425,777

801,913

TOTAL ASSETS LESS CURRENT LIABILITIES

1,991,706

2,000,485

PROVISIONS FOR LIABILITIES

(23,137

)

(31,787

)

NET ASSETS

1,968,569

1,968,698

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Retained earnings

8

1,938,569

1,938,698

1,968,569

1,968,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 January 2026 and were signed on its behalf by:

Mr M H Green - Director

1.	STATUTORY INFORMATION

Tyrone Textiles Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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.

Fixtures and fittings

-

33% on cost and 20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Investments in government bonds are held as fixed assets and are stated at cost less any provision for impairment. These investments are reviewed annually for indicators of impairment, and where necessary, a provision is recorded to adjust the carrying amount to its recoverable amount.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2024

492,529

21,360

54,905

568,794

Additions

11,668

-

8,755

20,423

At 30 June 2025

504,197

21,360

63,660

589,217

DEPRECIATION

At 1 July 2024

417,322

10,597

13,726

441,645

Charge for year

39,851

2,690

12,484

55,025

At 30 June 2025

457,173

13,287

26,210

496,670

NET BOOK VALUE

At 30 June 2025

47,024

8,073

37,450

92,547

At 30 June 2024

75,207

10,763

41,179

127,149

5.	FIXED ASSET INVESTMENTS

30.6.25

30.6.24

£

£

Shares in group undertakings

72,173

72,173

Other investments not loans

401,209

999,250

473,382

1,071,423

Additional information is as follows:

Shares in

group

undertakings

£

COST

At 1 July 2024

and 30 June 2025

72,173

NET BOOK VALUE

At 30 June 2025

72,173

At 30 June 2024

72,173

Investments (neither listed nor unlisted) were as follows:

30.6.25

30.6.24

£

£

Rowan Dartington Gilt Acc

999,250

999,250

Additions

401,209

-

Disposals

(999,250

)

-

401,209

999,250

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

959,708

866,010

Other debtors

117,650

176,587

1,077,358

1,042,597

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

588,136

640,689

Amounts owed to group undertakings

500,000

700,000

Amounts owed to participating interests

359,946

359,946

Taxation and social security

519,547

446,381

Other creditors

367,296

346,790

2,334,925

2,493,806

8.

RESERVES

Retained

earnings

£

At 1 July 2024

1,938,698

Profit for the year

499,871

Dividends

(500,000

)

At 30 June 2025

1,938,569

9.	RELATED PARTY DISCLOSURES

The directors M H Green, C L Green, C S Green, R L Green, A Moyes and G J Mudge are considered to be key management personnel.