Registration number: NI605162

J & S McKee Ltd.

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

J & S McKee Ltd.

(Registration number: NI605162)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	5	5,000	6,000
Tangible assets	6	315,764	301,964
		320,764	307,964
Current assets
Stocks	7	600,950	809,967
Debtors	8	165,033	171,530
Cash at bank and in hand		628,409	348,147
		1,394,392	1,329,644
Creditors: Amounts falling due within one year	9	(537,721)	(636,844)
Net current assets		856,671	692,800
Total assets less current liabilities		1,177,435	1,000,764
Creditors: Amounts falling due after more than one year	9	(7,125)	(51,133)
Provisions for liabilities		(74,046)	(69,521)
Net assets		1,096,264	880,110
Capital and reserves
Called up share capital	10	2	2
Retained earnings		1,096,262	880,108
Shareholders' funds		1,096,264	880,110

J & S McKee Ltd.

(Registration number: NI605162)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 May 2026 and signed on its behalf by:
 

......................................... Mr Sean McKee Company secretary and director

J & S McKee Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
158 Moneygran Road
Portglenone
Ballymena
Co Antrim
BT44 8JN

The principal place of business is:
158 Moneygran Road
Portglenone
Ballymena
Co Antrim
BT44 8JN

These financial statements were authorised for issue by the Board on 14 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

J & S McKee Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% straight line basis

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	5% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

J & S McKee Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 17 (2024 - 18).

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	140,872	165,938
Amortisation expense	1,000	1,000

J & S McKee Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 December 2024	20,000	20,000
At 30 November 2025	20,000	20,000
Amortisation
At 1 December 2024	14,000	14,000
Amortisation charge	1,000	1,000
At 30 November 2025	15,000	15,000
Carrying amount
At 30 November 2025	5,000	5,000
At 30 November 2024	6,000	6,000

6	Tangible assets

	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 December 2024	98,300	830,391	928,691
Additions	-	154,672	154,672
At 30 November 2025	98,300	985,063	1,083,363
Depreciation
At 1 December 2024	67,780	558,947	626,727
Charge for the year	19,660	121,212	140,872
At 30 November 2025	87,440	680,159	767,599
Carrying amount
At 30 November 2025	10,860	304,904	315,764
At 30 November 2024	30,520	271,444	301,964

7

Stocks

	2025 £	2024 £
Stock and work in progress	600,950	809,967

J & S McKee Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

8

Debtors

Current	Note	2025 £	2024 £
Trade debtors		41,020	41,500
Amounts owed by related parties		685	7,685
Prepayments		22,550	21,007
Other debtors		100,778	101,338
		165,033	171,530

9

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Bank loans and overdrafts		44,281	78,312
Trade creditors		397,659	386,208
Taxation and social security		22,749	13,599
Accruals and deferred income		4,000	3,784
Other creditors		69,032	154,941
		537,721	636,844

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		7,125	51,133

J & S McKee Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

10	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2

11	Parent and ultimate parent undertaking

The company's immediate parent is Crosshill Holdings Ltd, incorporated in Northern Ireland.