Charles O'Doherty & Sons Limited iXBRL

Company Registration Number: NI003294

Charles O'Doherty & Sons Limited

Unaudited Financial Statements

for the financial year ended 31 December 2025

Charles O'Doherty & Sons Limited

DIRECTORS AND OTHER INFORMATION


Directors	Mr. Charles O' Doherty
	Mr. Manus O'Doherty


Company Secretary	Mr. Charles O'Doherty


Company Registration Number	NI003294


Registered Office	29-31 Railway Road
	Strabane
	Co. Tyrone
	BT82 8EG


Accountants	MCI Chartered Accountants
	Sentinel House
	13 Pump Street
	Derry
	BT48 6JG


Bankers	Bank of Ireland
	25 Campsie Road
	Omagh
	BT79 0AE

Charles O'Doherty & Sons Limited

Company Registration Number: NI003294

BALANCE SHEET

as at 31 December 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets	4	4,365	4,254
		─────────	─────────

Current Assets

Debtors	5	1,020	1,017
Cash at bank and in hand		188,862	271,935
		─────────	─────────
		189,882	272,952
		─────────	─────────
Creditors: amounts falling due within one year	6	(6,711)	(22,496)
		─────────	─────────
Net Current Assets		183,171	250,456
		─────────	─────────
Total Assets less Current Liabilities		187,536	254,710

Provisions for liabilities	7	(829)	(808)
		─────────	─────────
Net Assets		186,707	253,902
		═════════	═════════

Capital and Reserves

Called up share capital	6,500	6,500
Share premium account	3,500	3,500
Statement of income and retained earnings	176,707	243,902
	─────────	─────────
Shareholders' Funds	186,707	253,902
	═════════	═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Statement of Income and Retained Earnings and Directors' Report.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 15 April 2026 and signed on its behalf by




Mr. Charles O' Doherty
Director

Charles O'Doherty & Sons Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

Charles O'Doherty & Sons Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI003294. The registered office of the company is 29-31 Railway Road, Strabane, Co. Tyrone, BT82 8EG. The nature of the company's operations and principal activities is coffin and casket manufacturers and funeral furnishing suppliers. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with 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.

Tangible assets and depreciation

Tangible assets 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 tangible assets, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

10% reducing balance

Motor vehicles

25% reducing balance

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current markets assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in the statement of income and retained earnings, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in the statement of income and retained earnings, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred income

Capital grants received and receivable are treated as deferred income and amortised to the Statement of Income and Retained Earnings annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Statement of Income and Retained Earnings when received.

Employees

The average monthly number of employees, including directors, during the financial year was nil, (2024 - nil).


4.	Tangible assets
		Plant and	Motor	Total
		machinery	vehicles

		£	£	£
	Cost
	At 1 January 2025	4,900	7,995	12,895
	Additions	774	-	774
		─────────	─────────	─────────
	At 31 December 2025	5,674	7,995	13,669
		─────────	─────────	─────────
	Depreciation
	At 1 January 2025	1,713	6,928	8,641
	Charge for the financial year	396	267	663
		─────────	─────────	─────────
	At 31 December 2025	2,109	7,195	9,304
		─────────	─────────	─────────
	Net book value
	At 31 December 2025	3,565	800	4,365
		═════════	═════════	═════════
	At 31 December 2024	3,187	1,067	4,254
		═════════	═════════	═════════


5.	Debtors	2025	2024
		£	£

	Taxation	462	620
	Prepayments and accrued income	558	397
		─────────	─────────
		1,020	1,017
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Trade creditors	318	318
	Directors' current accounts	5,618	21,178
	Other creditors	25	-
	Accruals	750	1,000
		─────────	─────────
		6,711	22,496
		═════════	═════════


7.	Provisions for liabilities

	The amounts provided for deferred taxation are analysed below:

		Capital	Total
		allowances

		2025	2024
		£	£

	At financial year start	808	943
	Charged to profit and loss	21	(135)
		─────────	─────────
	At financial year end	829	808
		═════════	═════════