REGISTERED NUMBER: NI008196 (Northern Ireland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

MANOR HOUSE MARINE & COTTAGES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

9

DIRECTORS:

Mrs R Noble

Mr C Noble

SECRETARY:

Mrs R Noble

REGISTERED OFFICE:

212 Killadeas Road

Rockfield

Irvinestown

Enniskillen

Co. Fermanagh

BT94 1NY

REGISTERED NUMBER:

NI008196 (Northern Ireland)

ACCOUNTANTS:

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

BANKERS:

Ulster Bank Limited

16 Darling Street

Enniskillen

Co. Fermanagh

BT74 7ER

FIXED ASSETS

Intangible assets

4

37,500

75,000

Tangible assets

5

2,328,637

2,446,143

2,366,137

2,521,143

CURRENT ASSETS

Stocks

6

415,709

346,314

Debtors

7

176,127

241,336

Investments

8

1,164,329

1,116,760

Cash at bank and in hand

2,018,903

1,827,366

3,775,068

3,531,776

CREDITORS

Amounts falling due within one year

9

743,209

244,872

NET CURRENT ASSETS

3,031,859

3,286,904

TOTAL ASSETS LESS CURRENT LIABILITIES

5,397,996

5,808,047

CREDITORS

Amounts falling due after more than one year

10

-

(878

)

PROVISIONS FOR LIABILITIES

(78,793

)

(161,232

)

NET ASSETS

5,319,203

5,645,937

CAPITAL AND RESERVES

Called up share capital

11

74,517

74,517

Share premium

12

794,483

794,483

Retained earnings

12

4,450,203

4,776,937

SHAREHOLDERS' FUNDS

5,319,203

5,645,937

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 6 January 2026 and were signed on its behalf by:

Mr C Noble - Director

1.	STATUTORY INFORMATION

Manor House Marine & Cottages Limited is a private company, limited by shares , registered in Northern Ireland. 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 as modified by the revaluation of certain assets.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of four years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

0.5% on cost

Cruisers

-

at varying rates on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Plant

-

20% on cost

Fixed assets are initially stated at cost.

Investment property

In accordance with Statement of Standard Accounting Practice No.19, certain of the company's properties are held for long-term investment and are included in the balance sheet at their open market values. The surpluses or deficits on annual revaluation of such properties are transferred to the investment property revaluation reserve. Depreciation is not provided in respect of freehold investment properties. Leasehold investment properties are not amortised where the unexpired term is over twenty years.

This policy represents a departure from the statutory accounting principles, which require depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the financial statements may give a true and fair view, because current values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Stocks

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

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.

Taxation

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.

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Government grants

Grants that relate to specific capital expenditure are treated as deferred income which is then credited to the profit and loss account over the related asset's useful life. Other grants are credited to the profit and loss account when received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

150,000

AMORTISATION

At 1 October 2024

75,000

Charge for year

37,500

At 30 September 2025

112,500

NET BOOK VALUE

At 30 September 2025

37,500

At 30 September 2024

75,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

Cruisers

fittings

£

£

£

COST

At 1 October 2024

2,090,731

2,529,658

146,750

Additions

-

40,000

2,520

Disposals

-

(50,224

)

-

At 30 September 2025

2,090,731

2,519,434

149,270

DEPRECIATION

At 1 October 2024

644,753

1,686,921

141,627

Charge for year

32,071

94,186

1,089

Eliminated on disposal

-

(50,224

)

-

At 30 September 2025

676,824

1,730,883

142,716

NET BOOK VALUE

At 30 September 2025

1,413,907

788,551

6,554

At 30 September 2024

1,445,978

842,737

5,123

Motor

vehicles

Plant

Totals

£

£

£

COST

At 1 October 2024

128,859

315,111

5,211,109

Additions

-

20,655

63,175

Disposals

(64,291

)

-

(114,515

)

At 30 September 2025

64,568

335,766

5,159,769

DEPRECIATION

At 1 October 2024

58,736

232,929

2,764,966

Charge for year

11,087

16,531

154,964

Eliminated on disposal

(38,574

)

-

(88,798

)

At 30 September 2025

31,249

249,460

2,831,132

NET BOOK VALUE

At 30 September 2025

33,319

86,306

2,328,637

At 30 September 2024

70,123

82,182

2,446,143

6.

STOCKS

30.9.25

30.9.24

£

£

Raw materials

52,990

51,530

Finished goods

362,719

294,784

415,709

346,314

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

151,122

149,764

Prepayments and accrued income

25,005

91,572

176,127

241,336

8.	CURRENT ASSET INVESTMENTS

30.9.25

30.9.24

£

£

Listed investments

1,164,329

1,116,760

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

25,653

-

Trade creditors

85,655

51,852

Tax

47,908

98,219

Social security and other taxes

13,724

20,122

VAT

47,818

27,106

Directors' current accounts

489,419

28,009

Accrued expenses

33,032

19,564

743,209

244,872

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Deferred government grants

-

878

11.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

74,517

Share capital 1

£1

74,517

74,517

12.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 October 2024

4,776,937

794,483

5,571,420

Profit for the year

232,144

232,144

Dividends

(558,878

)

(558,878

)

At 30 September 2025

4,450,203

794,483

5,244,686

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2025 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

6 January 2026