Samuel Kirk (Builders Merchants) Limited NI009855 false 2024-10-01 2025-09-30 2025-09-30 The principal activity of the company is Builders Merchants Digita Accounts Production Advanced 6.30.9574.0 true true NI009855 2024-10-01 2025-09-30 NI009855 2025-09-30 NI009855 bus:OrdinaryShareClass1 2025-09-30 NI009855 core:CurrentFinancialInstruments 2025-09-30 NI009855 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 NI009855 core:FurnitureFittingsToolsEquipment 2025-09-30 NI009855 core:LandBuildings 2025-09-30 NI009855 core:MotorVehicles 2025-09-30 NI009855 core:OtherPropertyPlantEquipment 2025-09-30 NI009855 bus:SmallEntities 2024-10-01 2025-09-30 NI009855 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 NI009855 bus:FilletedAccounts 2024-10-01 2025-09-30 NI009855 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 NI009855 bus:RegisteredOffice 2024-10-01 2025-09-30 NI009855 bus:Director1 2024-10-01 2025-09-30 NI009855 bus:Director2 2024-10-01 2025-09-30 NI009855 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 NI009855 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 NI009855 core:ComputerEquipment 2024-10-01 2025-09-30 NI009855 core:FurnitureFittings 2024-10-01 2025-09-30 NI009855 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 NI009855 core:LandBuildings 2024-10-01 2025-09-30 NI009855 core:MotorVehicles 2024-10-01 2025-09-30 NI009855 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 NI009855 core:OtherVehicles 2024-10-01 2025-09-30 NI009855 core:ToolsEquipment 2024-10-01 2025-09-30 NI009855 countries:NorthernIreland 2024-10-01 2025-09-30 NI009855 2024-09-30 NI009855 core:FurnitureFittingsToolsEquipment 2024-09-30 NI009855 core:LandBuildings 2024-09-30 NI009855 core:MotorVehicles 2024-09-30 NI009855 core:OtherPropertyPlantEquipment 2024-09-30 NI009855 2023-10-01 2024-09-30 NI009855 2024-09-30 NI009855 bus:OrdinaryShareClass1 2024-09-30 NI009855 core:CurrentFinancialInstruments 2024-09-30 NI009855 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 NI009855 core:FurnitureFittingsToolsEquipment 2024-09-30 NI009855 core:LandBuildings 2024-09-30 NI009855 core:MotorVehicles 2024-09-30 NI009855 core:OtherPropertyPlantEquipment 2024-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: NI009855

Samuel Kirk (Builders Merchants) Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Samuel Kirk (Builders Merchants) Limited

(Registration number: NI009855)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 849,241 | 410,895
Current assets |  |  |
Stocks | 5 | 236,500 | 235,145
Debtors | 6 | 417,446 | 871,000
Cash at bank and in hand |  | 804,188 | 723,009
|  | 1,458,134 | 1,829,154
Creditors: Amounts falling due within one year | 7 | (572,797) | (624,645)
Net current assets |  | 885,337 | 1,204,509
Total assets less current liabilities |  | 1,734,578 | 1,615,404
Provisions for liabilities |  | (36,341) | (42,629)
Net assets |  | 1,698,237 | 1,572,775
Capital and reserves |  |  |
Called up share capital | 8 | 16,000 | 16,000
Capital redemption reserve |  | 9,000 | 9,000
Retained earnings |  | 1,673,237 | 1,547,775
Shareholders' funds |  | 1,698,237 | 1,572,775

For the financial year ending 30 September 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.

Samuel Kirk (Builders Merchants) Limited

(Registration number: NI009855)
Balance Sheet as at 30 September 2025

Approved and authorised by the Board on 29 January 2026 and signed on its behalf by:

......................................... Mrs Margaret Alderdice Director
......................................... Mr Kirk Alderdice Director

Samuel Kirk (Builders Merchants) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 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: 397 Antrim Road, Newtownabbey, Co. Antrim, BT36 5ED.

These financial statements were authorised for issue by the Board on 29 January 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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

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.

Samuel Kirk (Builders Merchants) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 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
Freehold property | 0%
Plant and equipment | 20% reducing balance
Fixtures and fittings | 20% reducing balance
Computer equipment | 25% straight line
Motor vehicles | 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

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.

Samuel Kirk (Builders Merchants) Limited

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

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 22 (2024 - 17).

Samuel Kirk (Builders Merchants) Limited

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

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 October 2024 | 240,378 | 43,277 | 357,662 | 448,415 | 1,089,732
Additions | 463,500 | - | 21,500 | 13,795 | 498,795
Disposals | - | - | (64,000) | - | (64,000)
At 30 September 2025 | 703,878 | 43,277 | 315,162 | 462,210 | 1,524,527
Depreciation
At 1 October 2024 | - | 33,920 | 319,988 | 324,929 | 678,837
Charge for the year | - | 1,405 | 15,165 | 28,692 | 45,262
Eliminated on disposal | - | - | (48,813) | - | (48,813)
At 30 September 2025 | - | 35,325 | 286,340 | 353,621 | 675,286
Carrying amount
At 30 September 2025 | 703,878 | 7,952 | 28,822 | 108,589 | 849,241
At 30 September 2024 | 240,378 | 9,357 | 37,674 | 123,486 | 410,895

Included within the net book value of land and buildings above is £703,878 (2024 - £240,378) in respect of freehold land and buildings.

Samuel Kirk (Builders Merchants) Limited

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

5 | Stocks

| 2025 £ | 2024 £
Stock inventory | 236,500 | 235,145

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 291,890 | 300,852
Prepayments | 33,136 | 31,267
Other debtors | 92,420 | 538,881
| 417,446 | 871,000

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 358,625 | 436,471
Taxation and social security | 173,750 | 179,892
Accruals and deferred income | 6,580 | 6,200
Other creditors | 33,842 | 2,082
| 572,797 | 624,645

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 16,000 | 16,000 | 16,000 | 16,000

Samuel Kirk (Builders Merchants) Limited

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

9 | Related party transactions

The following balance was owed to the directors at the year end:

| 2025 £ | 2024 £
Directors current account | 333 | 323