REGISTERED NUMBER: NI056933 (Northern Ireland)

MATRYAN PROPERTIES LTD

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Alexander Gerard Beatty

Karen Anne Beatty

REGISTERED OFFICE:

11 Trillick Road

Ballinamallard

Enniskillen

Co. Fermanagh

BT94 2JJ

REGISTERED NUMBER:

NI056933 (Northern Ireland)

ACCOUNTANTS:

Cooper Parry Advisory Limited

Unit 7 Dyehouse

Linen Green

Dungannon

Co. Tyrone

BT71 7HB

NON-CURRENT ASSETS

Intangible assets

5

292,000

348,000

Property, plant and equipment

6

2,274,130

2,339,003

Investments

7

100

100

2,566,230

2,687,103

CURRENT ASSETS

Receivables

8

270,000

270,000

Cash at bank

214,731

237,384

484,731

507,384

PAYABLES

Amounts falling due within one year

9

(129,634

)

(120,155

)

NET CURRENT ASSETS

355,097

387,229

TOTAL ASSETS LESS CURRENT LIABILITIES

2,921,327

3,074,332

PAYABLES

Amounts falling due after more than one year

10

(1,315,265

)

(1,576,539

)

PROVISIONS FOR LIABILITIES

12

(74,444

)

(85,079

)

NET ASSETS

1,531,618

1,412,714

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

262,090

262,090

Retained earnings

1,269,428

1,150,524

1,531,618

1,412,714

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 October 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 23 April 2026 and were signed on its behalf by:

Alexander Gerard Beatty - Director

1.	STATUTORY INFORMATION

Matryan Properties Ltd 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Revenue

Revenue is recognised over the period to which the licence fee relates.

Goodwill

Purchased goodwill is capitalised in the statement of financial position and amortised over its estimated useful life of 10 years.

Liquor licence

Liquor licence is valued at cost. After initial recognition, the liquor licence is measured at cost less any accumulated impairment loss.

Property, plant and equipment

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment less their estimated residual value, over their expected useful lives as follows:

Freehold property

-

1% straight line

Fixtures and fittings

-

12.5% reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The company have chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

(i) Financial assets

Basic financial assets, including trade and other receivables, cash and bank balances and amounts owed by related parties are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

If there is decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

(ii) Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans and overdrafts and amounts owed to related parties are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Fees paid on the establishment of loan facilities are recognised as transaction costs of the loan to the extent that it is probable that some or all of the facility will be drawn down. In this case, the fee is deferred until the draw-down occurs. To the extent there is no evidence that it is probable that some or all of the facility will be drawn down, the fee is capitalised as a pre-payment for liquidity services and amortised over the period of the facility to which it relates.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

(iii) Offsetting

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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.

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.

Investments

Investments held as fixed assets are stated at cost less provision for any diminution in value.

Consolidated accounts

The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.

Share capital of the company

Ordinary share capital

The ordinary share capital of the company is presented as equity.

4.	EMPLOYEES AND DIRECTORS

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

5.	INTANGIBLE FIXED ASSETS

Liquor

Goodwill

Licence

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

1,175,000

100,000

1,275,000

AMORTISATION

At 1 November 2024

927,000

-

927,000

Amortisation for year

56,000

-

56,000

At 31 October 2025

983,000

-

983,000

NET BOOK VALUE

At 31 October 2025

192,000

100,000

292,000

At 31 October 2024

248,000

100,000

348,000

6.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

2,230,707

571,024

2,801,731

DEPRECIATION

At 1 November 2024

232,017

230,711

462,728

Charge for year

22,334

42,539

64,873

At 31 October 2025

254,351

273,250

527,601

NET BOOK VALUE

At 31 October 2025

1,976,356

297,774

2,274,130

At 31 October 2024

1,998,690

340,313

2,339,003

7.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2024

and 31 October 2025

100

NET BOOK VALUE

At 31 October 2025

100

At 31 October 2024

100

8.	RECEIVABLES

2025

2024

£

£

Amounts owed by group undertakings

270,000

270,000

9.

PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 11)

37,843

104,412

Taxation and social security

87,457

10,744

Other payables

4,334

4,999

129,634

120,155

10.

PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR

2025

2024

£

£

Bank loans (see note 11)

156,096

127,370

Other creditors

1,159,169

1,449,169

1,315,265

1,576,539

11.

LOANS

The bank loans noted above are secured by way of:

All monies legal charge over the property at :

- 32-34 Main Street, Fivemiletown;

- All monies floating charge over all the property of the company both present and future and book debts of the company.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

74,444

85,079

Deferred tax

£

Balance at 1 November 2024

85,079

Provided during year

(10,635

)

Balance at 31 October 2025

74,444

13.	RELATED PARTY TRANSACTIONS

The company has availed of the exemption under FRS 102 in relation to the disclosure of transactions with group companies.