REGISTERED NUMBER: NI652021 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Robert Bready & Sons Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Bready

REGISTERED OFFICE:

Rathmore House

52 St Patricks Avenue

Downpatrick

Co. Down

BT30 6DS

REGISTERED NUMBER:

NI652021 (Northern Ireland)

ACCOUNTANTS:

M.B.McGrady & Co

Chartered Accountants

Rathmore House

52 St Patricks Avenue

Downpatrick

Co. Down

BT30 6DS

FIXED ASSETS

Intangible assets

4

32,000

48,000

Tangible assets

5

54,589

55,812

86,589

103,812

CURRENT ASSETS

Stocks

2,405

2,844

Debtors

78,031

65,075

Cash at bank

144,404

135,516

224,840

203,435

CREDITORS

Amounts falling due within one year

71,323

66,819

NET CURRENT ASSETS

153,517

136,616

TOTAL ASSETS LESS CURRENT LIABILITIES

240,106

240,428

CREDITORS

Amounts falling due after more than one year

(100,000

)

(104,162

)

PROVISIONS FOR LIABILITIES

(5,741

)

(7,577

)

NET ASSETS

134,365

128,689

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

134,265

128,589

134,365

128,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2026 and were signed by:

R Bready - Director

1.	STATUTORY INFORMATION

Robert Bready & Sons Limited 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.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

160,000

AMORTISATION

At 1 April 2025

112,000

Amortisation for year

16,000

At 31 March 2026

128,000

NET BOOK VALUE

At 31 March 2026

32,000

At 31 March 2025

48,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

163,003

Additions

12,583

At 31 March 2026

175,586

DEPRECIATION

At 1 April 2025

107,191

Charge for year

13,806

At 31 March 2026

120,997

NET BOOK VALUE

At 31 March 2026

54,589

At 31 March 2025

55,812