REGISTERED NUMBER: NI666351 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Tyrone International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr F J McKeever

REGISTERED OFFICE:

227-229 Battleford Road

ARMAGH

Co. Armagh

REGISTERED NUMBER:

NI666351 (Northern Ireland)

ACCOUNTANTS:

Gildernew & Co Ltd

Six Northland Row

DUNGANNON

Co. Tyrone

BT71 6AW

FIXED ASSETS

Intangible assets

4

423,395

453,961

Tangible assets

5

157,314

1,369

580,709

455,330

CURRENT ASSETS

Stocks

35,000

159,845

Debtors

6

1,619,255

448,981

Cash at bank

365,109

6,561

2,019,364

615,387

CREDITORS

Amounts falling due within one year

7

1,165,351

501,284

NET CURRENT ASSETS

854,013

114,103

TOTAL ASSETS LESS CURRENT LIABILITIES

1,434,722

569,433

CREDITORS

Amounts falling due after more than one year

8

149,370

367,278

NET ASSETS

1,285,352

202,155

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

1,285,152

201,955

1,285,352

202,155

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

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:

Mr F J McKeever - Director

1.	STATUTORY INFORMATION

Tyrone International 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.

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.

Patents and licences are to be amortised evenly over their estimated useful life, beginning once they become available for use.

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

-

20% 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.

Taxation

Taxation for the year 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 year 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.

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 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

453,961

Additions

14,830

At 31 December 2025

468,791

AMORTISATION

Charge for year

45,396

At 31 December 2025

45,396

NET BOOK VALUE

At 31 December 2025

423,395

At 31 December 2024

453,961

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

-

24,860

24,860

Additions

39,590

153,266

192,856

At 31 December 2025

39,590

178,126

217,716

DEPRECIATION

At 1 January 2025

-

23,491

23,491

Charge for year

4,771

32,140

36,911

At 31 December 2025

4,771

55,631

60,402

NET BOOK VALUE

At 31 December 2025

34,819

122,495

157,314

At 31 December 2024

-

1,369

1,369

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,379,850

434,082

Other debtors

239,405

14,899

1,619,255

448,981

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,370

1,051

Hire purchase contracts

32,520

-

Trade creditors

880,257

281,739

Taxation and social security

217,661

195,945

Other creditors

27,543

22,549

1,165,351

501,284

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

75,390

-

Amounts owed to related parties

-

293,298

Other creditors

73,980

73,980

149,370

367,278