41 01/08/2024 31/07/2025 2025-07-31 true false false false false false false true false false true false false false false true true false No description of principal activities is disclosed 2024-08-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP NI630482 2024-08-01 2025-07-31 NI630482 2025-07-31 NI630482 2024-07-31 NI630482 2023-08-01 2024-07-31 NI630482 2024-07-31 NI630482 2023-07-31 NI630482 core:LandBuildings core:LongLeaseholdAssets 2024-08-01 2025-07-31 NI630482 core:PlantMachinery 2024-08-01 2025-07-31 NI630482 core:FurnitureFittingsToolsEquipment 2024-08-01 2025-07-31 NI630482 core:MotorVehicles 2024-08-01 2025-07-31 NI630482 bus:Director2 2024-08-01 2025-07-31 NI630482 core:IntangibleAssetsOtherThanGoodwill 2025-07-31 NI630482 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-31 NI630482 core:PlantMachinery 2024-07-31 NI630482 core:FurnitureFittingsToolsEquipment 2024-07-31 NI630482 core:MotorVehicles 2024-07-31 NI630482 core:LandBuildings core:OwnedOrFreeholdAssets 2025-07-31 NI630482 core:PlantMachinery 2025-07-31 NI630482 core:FurnitureFittingsToolsEquipment 2025-07-31 NI630482 core:MotorVehicles 2025-07-31 NI630482 core:WithinOneYear 2025-07-31 NI630482 core:WithinOneYear 2024-07-31 NI630482 core:AfterOneYear 2025-07-31 NI630482 core:AfterOneYear 2024-07-31 NI630482 core:LandBuildings core:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 NI630482 core:ShareCapital 2025-07-31 NI630482 core:ShareCapital 2024-07-31 NI630482 core:RetainedEarningsAccumulatedLosses 2025-07-31 NI630482 core:RetainedEarningsAccumulatedLosses 2024-07-31 NI630482 core:IntangibleAssetsOtherThanGoodwill 2024-07-31 NI630482 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-31 NI630482 core:PlantMachinery 2024-07-31 NI630482 core:FurnitureFittingsToolsEquipment 2024-07-31 NI630482 core:MotorVehicles 2024-07-31 NI630482 bus:SmallEntities 2024-08-01 2025-07-31 NI630482 bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 NI630482 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 NI630482 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 NI630482 bus:FullAccounts 2024-08-01 2025-07-31
Company registration number: NI630482
KILMOREY ARMS LIMITED
Unaudited filleted financial statements
31 July 2025
KILMOREY ARMS LIMITED
Contents
Statement of financial position
Notes to the financial statements
KILMOREY ARMS LIMITED
Statement of financial position
31 July 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Intangible assets |  | 5 | 12,000 |  |  |  | 12,000 |  |
Tangible assets |  | 6 | 641,525 |  |  |  | 658,012 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 653,525 |  |  |  | 670,012
Current assets |  |  |  |  |  |  |  |  |
Stocks |  |  | 37,854 |  |  |  | 39,804 |  |
Debtors |  | 7 | 14,887 |  |  |  | 36,731 |  |
Cash at bank and in hand |  |  | 79,875 |  |  |  | 40,184 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 132,616 |  |  |  | 116,719 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 8 | ( 441,659) |  |  |  | ( 450,132) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current liabilities |  |  |  |  | ( 309,043) |  |  |  | ( 333,413)
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 344,482 |  |  |  | 336,599
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  | 9 |  |  | ( 140,681) |  |  |  | ( 164,013)
Provisions for liabilities |  |  |  |  | ( 45,256) |  |  |  | ( 38,916)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 158,545 |  |  |  | 133,670
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 10 |  |  |  | 10
Profit and loss account |  |  |  |  | 158,535 |  |  |  | 133,660
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 158,545 |  |  |  | 133,670
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 20 April 2026 , and are signed on behalf of the board by:
Mr Samuel Hamilton
Director
Company registration number: NI630482
KILMOREY ARMS LIMITED
Notes to the financial statements
Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is C/O 49 Downshire Road, Newry, Co. Down.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Land and buildings | - | 10 % | reducing balance
| Plant and machinery | - | 15 % | reducing balance
| Fittings, fixtures and equipment | - | 10 % | reducing balance
| Motor vehicles | - | 15 % | reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 41 (2024: 36 ).
5. Intangible assets

|  | Other intangible assets | Total |  |  |  |
|  | £ | £ |  |  |  |
| Cost |  |  |  |  |  |
| At 1 August 2024 and 31 July 2025 | 12,000 | 12,000 |  |  |  |
|  | _______ | _______ |  |  |  |
| Amortisation |  |  |  |  |  |
| At 1 August 2024 and 31 July 2025 | - | - |  |  |  |
|  | _______ | _______ |  |  |  |
| Carrying amount |  |  |  |  |  |
| At 31 July 2025 | 12,000 | 12,000 |  |  |  |
|  | _______ | _______ |  |  |  |
| At 31 July 2024 | 12,000 | 12,000 |  |  |  |
|  | _______ | _______ |  |  |  |

6. Tangible assets

|  | Freehold property | Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total |  |
|  | £ | £ | £ | £ | £ |  |
| Cost |  |  |  |  |  |  |
| At 1 August 2024 | 716,519 | 64,150 | 142,738 | 95,828 | 1,019,235 |  |
| Additions | 24,914 | 25,850 | 15,504 | - | 66,268 |  |
| Disposals | - | - | - | ( 55,833) | ( 55,833) |  |
|  | _______ | _______ | _______ | _______ | _______ |  |
| At 31 July 2025 | 741,433 | 90,000 | 158,242 | 39,995 | 1,029,670 |  |
|  | _______ | _______ | _______ | _______ | _______ |  |
| Depreciation |  |  |  |  |  |  |
| At 1 August 2024 | 229,610 | 38,628 | 60,342 | 32,643 | 361,223 |  |
| Charge for the year | 26,639 | 7,704 | 9,789 | 4,335 | 48,467 |  |
| Disposals | - | - | - | ( 21,545) | ( 21,545) |  |
|  | _______ | _______ | _______ | _______ | _______ |  |
| At 31 July 2025 | 256,249 | 46,332 | 70,131 | 15,433 | 388,145 |  |
|  | _______ | _______ | _______ | _______ | _______ |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 July 2025 | 485,184 | 43,668 | 88,111 | 24,562 | 641,525 |  |
|  | _______ | _______ | _______ | _______ | _______ |  |
| At 31 July 2024 | 486,909 | 25,522 | 82,396 | 63,185 | 658,012 |  |
|  | _______ | _______ | _______ | _______ | _______ |  |

7. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Other debtors |  | 14,887 | 36,731
|  |  | _______ | _______

8. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Bank loans and overdrafts |  | 41,387 | 41,797
| Trade creditors |  | 117,154 | 154,715
| Corporation tax |  | 1,446 | -
| Social security and other taxes |  | 157,014 | 84,343
| Other creditors |  | 124,658 | 169,277
|  |  | _______ | _______
|  |  | 441,659 | 450,132
|  |  | _______ | _______

9. Creditors: amounts falling due after more than one year

|  |  | 2025 | 2024
|  |  | £ | £
| Bank loans and overdrafts |  | 140,681 | 154,567
| Other creditors |  | - | 9,446
|  |  | _______ | _______
|  |  | 140,681 | 164,013
|  |  | _______ | _______