REGISTERED NUMBER: NI062152 (Northern Ireland)

Naylor Devlin Ltd

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

Mr S Magee

Mr D A Beswick

Registered office:

95 Malone Avenue

Belfast

BT9 6EQ

Registered number:

NI062152 (Northern Ireland)

Accountants:

Exchange Accountants Limited

Chartered Certified Accountants

Oakmont House

2 Queens Road

Lisburn

BT27 4TZ

Bankers:

Bank of Ireland

28 University Road

Belfast

BT7 1NH

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

17,051

17,319

17,051

17,319

Current assets

Stocks

6

67,769

68,000

Debtors

7

215,067

124,101

Cash at bank and in hand

477,904

531,258

760,740

723,359

Creditors

Amounts falling due within one year

8

(290,601

)

(248,963

)

Net current assets

470,139

474,396

Total assets less current liabilities

487,190

491,715

Capital and reserves

Called up share capital

9

100

100

Retained earnings

487,090

491,615

Shareholders' funds

487,190

491,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2026 and were signed on its behalf by:

Mr S Magee - Director

Mr D A Beswick - Director

1.	Statutory information

Naylor Devlin Ltd 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 2006, is being amortised evenly over its estimated useful life of twenty 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.

Fixtures and fittings

-

20% Reducing balance

Motor vehicles

-

20% Reducing balance

Work in progress

In accordance with UITF 40, work in progress is reflected in the accounts at the expected revenue due for work carried out during the period that has not yet been invoiced.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

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 10 (2024 - 9 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 November 2024

and 31 October 2025

119,735

Amortisation

At 1 November 2024

and 31 October 2025

119,735

Net book value

At 31 October 2025

-

At 31 October 2024

-

5.	Tangible fixed assets

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 November 2024

49,848

23,800

73,648

Additions

3,700

-

3,700

At 31 October 2025

53,548

23,800

77,348

Depreciation

At 1 November 2024

41,629

14,700

56,329

Charge for year

2,148

1,820

3,968

At 31 October 2025

43,777

16,520

60,297

Net book value

At 31 October 2025

9,771

7,280

17,051

At 31 October 2024

8,219

9,100

17,319

6.

Stocks

2025

2024

£

£

Work-in-progress

67,769

68,000

7.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

209,008

120,437

Prepayments

6,059

3,664

215,067

124,101

8.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

5,825

1,177

Corporation tax

131,915

125,463

Social security and other taxes

7,984

6,733

VAT

101,595

94,852

Other creditors

2,027

2,313

Directors' current accounts

36,419

16,842

Accrued expenses

4,836

1,583

290,601

248,963

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100