REGISTERED NUMBER: NI029533 (Northern Ireland)

DEVINE SAND & GRAVEL LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2025 TO 16 DECEMBER 2025

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Gerard Devine

William John Devine

SECRETARY:

Gerard Devine

REGISTERED OFFICE:

65 Moorlough Road

Artigarvan

STRABANE

Co. Tyrone

BT82 0ER

REGISTERED NUMBER:

NI029533 (Northern Ireland)

ACCOUNTANTS:

McAleer Jackson Ltd

Chartered Accountants

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

BANKERS:

Ulster Bank Limited

14 High Street

OMAGH

Co. Tyrone

BT78 1BJ

SOLICITORS:

John Fahy & Co

8 Bowling Green

STRABANE

Co. Tyrone

BT82 8BW

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 Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the period ended 16 December 2025 which comprise the Income Statement, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 16 December 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the period.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

McAleer Jackson Ltd

Chartered Accountants

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

23 April 2026

FIXED ASSETS

Tangible assets

3

35,000

20,521

CURRENT ASSETS

Stocks

-

375

Debtors

4

95,118

33,431

Cash at bank

50,324

56,906

145,442

90,712

CREDITORS

Amounts falling due within one year

5

33,737

31,990

NET CURRENT ASSETS

111,705

58,722

TOTAL ASSETS LESS CURRENT LIABILITIES

146,705

79,243

CREDITORS

Amounts falling due after more than one year

6

143,740

140,910

NET ASSETS/(LIABILITIES)

2,965

(61,667

)

CAPITAL AND RESERVES

Called up share capital

400

400

Retained earnings

2,565

(62,067

)

SHAREHOLDERS' FUNDS

2,965

(61,667

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 16 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 16 December 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:

Gerard Devine - Director

William John Devine - Director

1.	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.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible fixed assets

Tangible fixed assets are stated at valuation as per the directors at the date of liquidation.

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

Buildings - 10% straight line

Plant & machinery - 10% straight line

Motor vehicles - 20% straight line

Stock

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

Taxation

Taxation for the period 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.

Deferred tax

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 period 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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transactional price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2024 - 5 ) .

3.	TANGIBLE FIXED ASSETS

Plant &

Motor

Buildings

machinery

vehicles

Totals

£

£

£

£

COST OR VALUATION

At 1 January 2025

151,422

634,557

15,000

800,979

Additions

-

39,036

-

39,036

Disposals

-

(148,536

)

-

(148,536

)

Revaluations

-

35,000

-

35,000

At 16 December 2025

151,422

560,057

15,000

726,479

DEPRECIATION

At 1 January 2025

151,422

614,036

15,000

780,458

Charge for period

-

20,521

-

20,521

Eliminated on disposal

-

(109,500

)

-

(109,500

)

At 16 December 2025

151,422

525,057

15,000

691,479

NET BOOK VALUE

At 16 December 2025

-

35,000

-

35,000

At 31 December 2024

-

20,521

-

20,521

Cost or valuation at 16 December 2025 is represented by:

Plant &

Motor

Buildings

machinery

vehicles

Totals

£

£

£

£

Valuation in 2025

-

35,000

-

35,000

Cost

151,422

525,057

15,000

691,479

151,422

560,057

15,000

726,479

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

95,118

33,431

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

211

Trade creditors

345

19,361

Taxation and social security

29,142

8,468

Other creditors

4,250

3,950

33,737

31,990

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

143,740

140,910

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Directors loan

71,870

70,455

Other creditors

71,870

70,455

143,740

140,910

7.	ULTIMATE CONTROLLING PARTY

The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the financial policies of the company.