Mid Antrim Signs Ltd NI612274 false 2025-03-01 2026-02-28 2026-02-28 The principal activity of the company is the design, manufacture and printing of signs Digita Accounts Production Advanced 6.30.9574.0 true false NI612274 2025-03-01 2026-02-28 NI612274 2026-02-28 NI612274 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2026-02-28 NI612274 core:CurrentFinancialInstruments 2026-02-28 NI612274 core:CurrentFinancialInstruments core:WithinOneYear 2026-02-28 NI612274 core:Goodwill 2026-02-28 NI612274 core:MotorVehicles 2026-02-28 NI612274 core:OtherPropertyPlantEquipment 2026-02-28 NI612274 bus:SmallEntities 2025-03-01 2026-02-28 NI612274 bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 NI612274 bus:FilletedAccounts 2025-03-01 2026-02-28 NI612274 bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 NI612274 bus:RegisteredOffice 2025-03-01 2026-02-28 NI612274 bus:Director2 2025-03-01 2026-02-28 NI612274 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2025-03-01 2026-02-28 NI612274 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 NI612274 core:Goodwill 2025-03-01 2026-02-28 NI612274 core:MotorVehicles 2025-03-01 2026-02-28 NI612274 core:OtherPropertyPlantEquipment 2025-03-01 2026-02-28 NI612274 core:PlantMachinery 2025-03-01 2026-02-28 NI612274 1 2025-03-01 2026-02-28 NI612274 countries:NorthernIreland 2025-03-01 2026-02-28 NI612274 2025-02-28 NI612274 core:Goodwill 2025-02-28 NI612274 core:MotorVehicles 2025-02-28 NI612274 core:OtherPropertyPlantEquipment 2025-02-28 NI612274 2024-03-01 2025-02-28 NI612274 2025-02-28 NI612274 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2025-02-28 NI612274 core:CurrentFinancialInstruments 2025-02-28 NI612274 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 NI612274 core:MotorVehicles 2025-02-28 NI612274 core:OtherPropertyPlantEquipment 2025-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: NI612274

Mid Antrim Signs Ltd
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2026

Mid Antrim Signs Ltd

(Registration number: NI612274)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 5 | 204,865 | 205,844
Current assets |  |  |
Stocks | 6 | 48,365 | 63,000
Debtors | 7 | 303,224 | 177,960
Cash at bank and in hand |  | 318,798 | 297,626
|  | 670,387 | 538,586
Creditors: Amounts falling due within one year | 8 | (217,036) | (160,806)
Net current assets |  | 453,351 | 377,780
Total assets less current liabilities |  | 658,216 | 583,624
Provisions for liabilities |  | (55,724) | (59,327)
Net assets |  | 602,492 | 524,297
Capital and reserves |  |  |
Called up share capital | 9 | 200 | 200
Retained earnings |  | 602,292 | 524,097
Shareholders' funds |  | 602,492 | 524,297

For the financial year ending 28 February 2026 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.

Mid Antrim Signs Ltd

(Registration number: NI612274)
Balance Sheet as at 28 February 2026

Approved and authorised by the Board on 2 June 2026 and signed on its behalf by:

.........................................

Mr Mark Brown

Director

Mid Antrim Signs Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | General information

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

The address of its registered office is: 25A-25B Woodside Road Industrial Estate, Ballymena, BT42 4QJ.

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.

The presentational and functional currency is sterling.

Judgements

The directors are required to disclose the judgements that have been made in the applications of the accounting policies and which have a significant effect on amounts recognised in the financial statements. In addition, they are required to disclose information about key assumptions and other key sources of estimation uncertainity that have a risk of causing material adjsutment to the carrying values of assets and liabilities within the next financial year.
There are no judgements of a material nature which would have a significant impact on the financial statements.

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. Revenue from the sale of goods is recognised at the point of delivery and customer acceptance. Revenue from the rendering of services is recognised on completion on the service provision, at which point the Company has generated a right to consideration.

Mid Antrim Signs Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

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.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position 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%, 50% straight line basis
Motor vehicles | 15% reducing balance basis

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 | 50% straight line basis

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

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Mid Antrim Signs Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

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 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 in the profit and loss account.

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 the useful life of the asset. 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 a reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 15 (2025 - 15).

Mid Antrim Signs Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 March 2025 | 20,000 | 20,000
At 28 February 2026 | 20,000 | 20,000
Amortisation
At 1 March 2025 | 20,000 | 20,000
At 28 February 2026 | 20,000 | 20,000
Carrying amount
At 28 February 2026 | - | -

5 | Tangible assets

| Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 March 2025 | 91,583 | 263,065 | 354,648
Additions | 44,305 | 16,000 | 60,305
Disposals | (14,000) | (20,600) | (34,600)
At 28 February 2026 | 121,888 | 258,465 | 380,353
Depreciation
At 1 March 2025 | 35,849 | 112,955 | 148,804
Charge for the year | 9,958 | 30,602 | 40,560
Eliminated on disposal | (2,546) | (11,330) | (13,876)
At 28 February 2026 | 43,261 | 132,227 | 175,488
Carrying amount
At 28 February 2026 | 78,627 | 126,238 | 204,865
At 28 February 2025 | 55,734 | 150,110 | 205,844

Mid Antrim Signs Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

6 | Stocks

| 2026 £ | 2025 £
Raw materials and consumables | 48,365 | 63,000

7 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 291,511 | 165,898
Prepayments | 11,713 | 12,062
| 303,224 | 177,960

8 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | 66,063 | 44,349
Taxation and social security | 132,210 | 81,717
Accruals and deferred income | 17,536 | 15,091
Other creditors | 1,227 | 19,649
| 217,036 | 160,806

9 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary shares of £1 each | 200 | 200 | 200 | 200

Mid Antrim Signs Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

10 | Related party transactions

At the year end the Company owed its parent Straid Holdings Ltd £1,227 (2025: £19,649). No interest was charged on the amounts outstanding.
During the year the Company leased premises from Straid Holdings, paying rent, insurance and service charge of £73,171. Management charges of £50,000 were also paid to Straid Holdings Ltd

11 | Parent and ultimate parent undertaking

The company's immediate parent is Staid Holdings Ltd, incorporated in N Ireland.
The ultimate controlling parties are the directors Mr and Mrs Brown.