| O'Kanes Superstore Limited |
| Registered Number:NI055400 |
For the year ended 30 June 2025
Northern Ireland
Unaudited Financial Statements
For the year ended 30 June 2025
O'Kanes Superstore Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
O'Kanes Superstore Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
961,139
939,517
2
961,139
939,517
237,674
187,197
3
| Trade and other receivables |
13,416
161,306
4
1,207,889
| Cash and cash equivalents |
1,155,871
1,504,374
1,458,979
| Trade and other payables: amounts falling due within one |
| year |
(560,136)
(559,191)
5
898,843
945,183
Net current assets
| Total assets less current liabilities |
1,906,322
1,838,360
(44,237)
(35,252)
| Provisions for liabilities |
1,862,085
Net assets
1,803,108
15,150
15,150
1,196,935
1,137,958
650,000
650,000
1,862,085
1,803,108
Shareholders' funds
| For the year ended 30 June 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 financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 07 January 2026 and were signed by: |
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For the year ended 30 June 2025
O'Kanes Superstore Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 30 June 2025
O'Kanes Superstore Limited
Notes to the Financial Statements
Statutory Information
| O'Kanes Superstore Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
| number NI055400. |
1 Moy Road
Armagh
BT61 7LY
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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. |
Foreign currencies
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result. |
3 of 5
For the year ended 30 June 2025
O'Kanes Superstore Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
1,751,372
1,150
116,137
187,042
694,604
752,439
99,634
-
99,634
-
-
-
752,439
187,042
215,771
1,150
1,851,006
694,604
| Provision for depreciation and impairment |
811,855
172
80,313
87,936
587,801
55,633
Charge for year
78,012
147
33,864
24,776
19,225
-
889,867
319
114,177
112,712
607,026
55,633
696,806
87,578
74,330
101,594
831
961,139
696,806
106,803
99,106
35,824
978
939,517
2024
2025
187,197
237,674
| 4. Trade and other receivables |
2024
2025
-
13,416
161,306
-
13,416
161,306
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
416,653
456,587
| Taxation and social security |
45,542
18,735
96,996
84,814
559,191
560,136
4 of 5
For the year ended 30 June 2025
O'Kanes Superstore Limited
Notes to the Financial Statements Continued
| 6. Average number of persons employed |
During the year the average number of employees was 77 (2024 : 64)
5 of 5