Classic Service Station Limited iXBRL

Company Registration Number: NI055938

Classic Service Station Limited

Reports and Financial Statements

for the financial year ended 30 September 2025

Classic Service Station Limited

DIRECTORS AND OTHER INFORMATION


Directors	Jonathan McCullagh
	Terence Daniel McCullagh
	Terence McCullagh
	Susan Bridget McCullagh


Company Registration Number	NI055938


Registered Office and Business Address	14 Dromore Road
	Omagh
	Co Tyrone
	BT78 1QZ


Independent Auditors	Jones Peters
	Chartered Accountants and Statutory Auditors
	6 Church Street
	Banbridge
	BT32 4AA
	Northern Ireland


Bankers	Ulster Bank
	14 High Street
	Omagh
	Co Tyrone
	BT78 1BJ

Classic Service Station Limited

STRATEGIC REPORT

for the financial year ended 30 September 2025

The directors present their strategic report on the company for the financial year ended 30 September 2025.

Review of the Business

The principal activity of the company is retail sale of food, beverages and tobacco with a connecting fuel station.

Principal Risks and Uncertainties

The process of risk management is addressed through a framework of policies, procedures and internal controls. All policies are subject to board approval and ongoing review by management.

Compliance with regulation, legal and ethical standards is a high priority for the company and the Directors take on an important overview in this regard.

Results and Performance

The directors are satisfied with the positive and profitable results achieved for the year ended 30 September 2025. Turnover decreased by £1,087,302 from £19,080,240 in the year ended 30 September 2024 to £17,992,938 in the year ended 30 September 2025. However, the gross profit margin increased from 12.6% in 2024 to 13.4% in 2025, with overall gross profit increasing from £2,402,563 to £2,403,089. Administration expenses have decreased in the year, mostly due to pension contributions of £520,005 in 2024, resulting in an operating profit for the year of £816,522 against £399,684 in the previous year.

The company has a sound financial position at the year end with net assets of £4,008,030 (2024: £3,335,081) and net current assets of £2,836,685 (2024: £2,218,345).

Key Performance Indicators

The Key Performance Indicators during the financial year were as follows:


	2025	2024
	£	£
Turnover	17,992,938	19,080,240
Gross profit	2,403,089	2,402,563
Profit before taxation	902,412	510,172
EBITDA	962,905	515,894

Business Environment

The local grocery and petrol retailing market is highly competitive with multiple large supermarkets operating in the surrounding area as well as independent retailers. Despite difficult trading conditions, the company has managed to maintain consistent levels of turnover, gross profit and EBITDA year on year.

Financial risk management objectives and policies

The main risks to the company's operations are business interruption, customer proposition, liquidity risk and interest rate risk. The directors review and agree policies for managing each of these risks and they are summarised below. The policies have remained unchanged from previous years.

Business interruption

Distribution and systems infrastructures are fundamental to ensuring the normal continuity of trading in the stores. The systems and infrastructure are constantly reviewed to ensure that the company can continue to operate effectively.

Customer proposition

The company operates in a very competitive industry, and its customers’ shopping habits are influenced by broader economic factors that the company cannot control. The board carries out regular strategic reviews including assessments of competitor activity and market trends and keeps the company’s proposition aligned with customer’s expectations, to ensure they continue to shop with the business.

Liquidity risk

The company actively maintains a mixture of long-term and short-term debt finance that is designed to ensure the company has sufficient available funds for operations and planned expansions.

Interest rate risk

The company finances its operations through a mixture of retained profits, cash and bank loans. The company has negotiated competitive loan rates to limit its exposure to interest rate fluctuations.

Strategy and development

The company's success is dependent on understanding and meeting the developing needs of customers and developing innovative solutions for their needs.

The company will continue to consolidate its position and concentrate on achieving maximum growth in its market sector while at the same time continuing to improve efficiency in all areas of its operations. With its strong capital base and proven track record the company believes it will be well placed to retain existing customers and generate new business.

On behalf of the board



___________________________
Jonathan McCullagh
Director

26 June 2026

Classic Service Station Limited

DIRECTORS' REPORT

for the financial year ended 30 September 2025

The directors present their report and the audited financial statements for the financial year ended 30 September 2025.

Principal Activity

The principal activity of the company is retail sale of food, beverages and tobacco with a connecting fuel station.

Results and Dividends

The profit for the financial year after providing for depreciation and taxation amounted to £674,949 (2024 - £374,512).

The directors have paid a final dividend amounting to £2,000.

Directors

The directors who served during the financial year are as follows:

Jonathan McCullagh

Terence Daniel McCullagh

Terence McCullagh

Susan Bridget McCullagh

There were no changes in shareholdings between 30 September 2025 and the date of signing the financial statements.

Future Developments

The company plans to continue its present activities and current trading levels. Employees are kept as fully informed as practicable about developments within the business.

Financial instruments

The main risks arising from the company's operations are business interruption, customer proposition, liquidity risk and interest rate risk. The directors review and agree policies for managing each of these risks and they are summarised in the strategic report. The policies have remained unchanged from previous years.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Auditors

The auditors, Jones Peters, (Chartered Accountants and Statutory Auditors) have indicated their willingness to continue in office in accordance with the provisions of Section 485 of the Companies Act 2006.

On behalf of the board

___________________________

Jonathan McCullagh

Director

26 June 2026

Classic Service Station Limited

STATEMENT OF DIRECTORS' RESPONSIBILITIES

for the financial year ended 30 September 2025

The directors are responsible for preparing the Strategic Report, Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

-select suitable accounting policies and apply them consistently;

-make judgements and accounting estimates that are reasonable and prudent;

-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of Information to Auditor

Each persons who are directors at the date of approval of this report confirms that:

-there is no relevant audit information (information needed by the company's auditor in connection with preparing the auditor's report) of which the company's auditor is unaware, and

-the directors have taken all the steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

On behalf of the board

___________________________

Jonathan McCullagh

Director

26 June 2026

INDEPENDENT AUDITOR'S REPORT

to the Shareholders of Classic Service Station Limited

Report on the audit of the financial statements

Opinion

We have audited the financial statements of Classic Service Station Limited ('the company') for the financial year ended 30 September 2025 which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity, the Statement of Cash Flows and the related notes to the financial statements, including significant accounting policies set out in note . The financial reporting framework that has been applied in their preparation is applicable Law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-give a true and fair view of the state of the company's affairs as at 30 September 2025 and of its profit for the financial year then ended;

-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report other than the financial statements and our Auditor's Report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified any material misstatements in the Strategic Report and the Directors' Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept; or

the financial statements are not in agreement with the accounting records and returns; or

certain disclosures of directors' remuneration specified by law are not made; or

we have not received all the information and explanations we require for our audit.

Responsibilities of directors for the financial statements

As explained more fully in the Statement of Directors' Responsibilities set out on page 7, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates, and considered the risk of acts by the company that were contrary to applicable laws and regulations, including fraud. We considered the significant laws and regulations to be the Companies Act 2006, Financial Reporting Standards (FRS102) and UK tax legislation.

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:

- the nature of the industry, control environment and business performance;

- the results of our enquiries of management about their own identification of the risk of irregularities;

- any matters we identified having obtained and reviewed the company's documentation of their policies and procedures; and

- the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. We also discussed the potential for non-compliance with laws and regulations.

We focused on laws and regulations that could give rise to a material misstatement in the financial statements.

Our tests included, but were not limited to:

- agreement of the financial statement disclosures to underlying supporting documentation;

- in response to the risk of management override of controls, identifying and testing journal entries and other adjustments, in particular unusual account combinations and journals posted by unexpected users;

- evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business;

- challenging assumptions and judgements made by management in their significant accounting estimates and judgements; and

- enquiries with the company's solicitors and management regarding any actual or potential litigation and claims.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: <www.frc.org.uk/auditorsresponsibilities>. This description forms part of our Auditor's Report.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

__________________________________

Paul Cummings (Senior Statutory Auditor)

for and on behalf of

JONES PETERS

Chartered Accountants and Statutory Auditors

6 Church Street

Banbridge

BT32 4AA

Northern Ireland

26 June 2026

Classic Service Station Limited

PROFIT AND LOSS ACCOUNT

for the financial year ended 30 September 2025

	2025	2024
Notes	£	£

Turnover	4	17,992,938	19,080,240

Cost of sales		(15,589,849)	(16,677,677)
		─────────	─────────
Gross profit		2,403,089	2,402,563

Administrative expenses		(1,630,913)	(2,042,121)
Other operating income		44,346	39,242
		─────────	─────────
Operating profit	5	816,522	399,684

Interest receivable and similar income	6	86,228	111,077
Interest payable and similar expenses	7	(338)	(589)
		─────────	─────────
Profit before taxation		902,412	510,172

Tax on profit	9	(227,463)	(135,660)
		─────────	─────────
Profit for the financial year		674,949	374,512
		─────────	─────────
Total comprehensive income		674,949	374,512
		═════════	═════════

Classic Service Station Limited

Company Registration Number: NI055938

BALANCE SHEET

as at 30 September 2025

		2025	2024
	Notes	£	£

Fixed Assets

Intangible assets

97,449

102,321

Tangible assets

1,102,292

1,021,087

─────────

Fixed Assets

1,199,741

1,123,408

─────────

Current Assets

Stocks

275,366

209,342

Debtors

958,272

472,628

Cash and cash equivalents

2,603,949

2,392,507

─────────

3,837,587

3,074,477

─────────

Creditors: amounts falling due within one year

(1,000,902)

(856,132)

─────────

Net Current Assets

2,836,685

2,218,345

─────────

Total Assets less Current Liabilities

4,036,426

3,341,753

Creditors:

amounts falling due after more than one year

(6,672)

Provisions for liabilities

(28,396)

─────────

Net Assets

4,008,030

3,335,081

═════════

Capital and Reserves

Called up share capital

Retained earnings

4,008,010

3,335,061

─────────

Equity attributable to owners of the company

4,008,030

3,335,081

═════════

Approved by the Board and authorised for issue on 26 June 2026 and signed on its behalf by



________________________________
Jonathan McCullagh
Director

Classic Service Station Limited

STATEMENT OF CHANGES IN EQUITY

as at 30 September 2025

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 October 2023	20	2,964,549	2,964,569
	─────────	─────────	─────────
Profit for the financial year	-	374,512	374,512
	─────────	─────────	─────────
Dividends payable	-	(4,000)	(4,000)
	─────────	─────────	─────────
At 30 September 2024	20	3,335,061	3,335,081
	─────────	─────────	─────────
Profit for the financial year	-	674,949	674,949
	─────────	─────────	─────────
Dividends payable	-	(2,000)	(2,000)
	─────────	─────────	─────────
At 30 September 2025	20	4,008,010	4,008,030
	═════════	═════════	═════════

Classic Service Station Limited

STATEMENT OF CASH FLOWS

for the financial year ended 30 September 2025

	2025	2024
Notes	£	£

Cash flows from operating activities

Profit for the financial year

674,949

374,512

Adjustments for:

Interest receivable and similar income

(86,228)

(111,077)

Interest payable and similar expenses

338

589

Tax on profit on ordinary activities

227,463

135,660

Depreciation

146,383

116,210

Movement on reserves

(2,000)

(4,000)

─────────

960,905

511,894

Movements in working capital:

Movement in stocks

(66,024)

74,071

Movement in debtors

(485,644)

(8,592)

Movement in creditors

87,288

(195,390)

─────────

Cash generated from operations

496,525

381,983

Interest paid

(338)

(589)

Tax paid

(137,947)

(177,272)

─────────

Net cash generated from operating activities

358,240

204,122

─────────

Cash flows from investing activities

Interest received

86,228

111,077

Payments to acquire tangible assets

(222,716)

(38,962)

─────────

Net cash (used in)/generated from investment activities

(136,488)

72,115

─────────

Cash flows from financing activities

Repayment of short term loan		(10,310)	(10,060)
		─────────	─────────

Net increase in cash and cash equivalents		211,442	266,177
Cash and cash equivalents at beginning of financial year		2,392,507	2,126,330
		─────────	─────────
Cash and cash equivalents at end of financial year	15	2,603,949	2,392,507
		═════════	═════════

Classic Service Station Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 30 September 2025

General Information

Classic Service Station Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI055938. The registered office of the company is 14 Dromore Road, Omagh, Co Tyrone, BT78 1QZ which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 30 September 2025 have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) issued by the Financial Reporting Council and in accordance with the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Intangible assets

Liquor licence

Liquor licence are valued at cost less accumulated amortisation.

Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 25 years.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Leasehold land and buildings

2% Straight line

Plant and machinery

25% Straight line

Fixtures, fittings and equipment

25% Straight line

Motor vehicles

20% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Stocks

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Significant accounting judgements and key sources of estimation uncertainty

The directors consider the accounting estimates and assumptions below to be its critical accounting estimates and judgements:

Useful lives of tangible fixed assets:

Tangible fixed assets represent a significant portion of total assets. The annual depreciation charge depends primarily on the estimated lives of assets and, in certain circumstances, estimates of residual values. The directors regularly review these useful lives and change them if necessary to reflect current conditions. In determining these useful lives, management consider technological change, patterns of consumption, physical condition and expected economic utilisation of the assets. Changes in the useful lives can have a significant impact on the depreciation charge for the financial year.

Going concern:

The directors believe that there is no material uncertainty regarding the company's ability to meet its liabilities as they fall due, and to continue as a going concern. On this basis the directors consider it appropriate to prepare the financial statements on a going concern basis. Accordingly, these financial statements do not include any adjustments to the carrying amounts and classification of assets and liabilities that may arise if the company was unable to continue as a going concern.

Turnover

The whole of the company's turnover is attributable to its market in the United Kingdom and is derived from the principal activity of retail sale of food, beverages and tobacco with a connecting fuel station.


5.	Operating profit	2025	2024
		£	£
	Operating profit is stated after charging:
	Amortisation of intangible assets	4,873	4,872
	Depreciation of tangible assets	141,510	111,338
	Auditor's remuneration
	- audit services	4,750	4,750
		═════════	═════════


6.	Interest receivable and similar income	2025	2024
		£	£

	Bank interest	86,228	111,077
		═════════	═════════


7.	Interest payable and similar expenses	2025	2024
		£	£

	On bank loans and overdrafts	338	589
		═════════	═════════

Employees and remuneration

Number of employees

The average number of persons employed (including executive directors) during the financial year was as follows:

2025

2024

Number

Number

Staff

═════════

The staff costs (inclusive of directors' salaries) comprise:

2025

2024

Wages and salaries

895,988

832,062

Social security costs

77,725

57,517

Pension costs

16,006

534,391

─────────

989,719

1,423,970

═════════

Tax on profit

2025

2024

(a) Analysis of charge in the financial year

Current tax:

Corporation tax at 25.00% (2024 - 25.00%) (Note 9 (b))

199,067

137,947

─────────

Deferred tax:

Origination and reversal of timing differences

28,396

(2,287)

─────────

Total deferred tax

28,396

(2,287)

═════════

Tax on profit (Note 9 (b))

227,463

135,660

═════════

(b) Factors affecting tax charge for the financial year

The tax assessed for the financial year differs from the standard rate of corporation tax in the United Kingdom 25.00% (2024 - 25.00%). The differences are explained below:

2025

2024

Profit taxable at 25.00%

902,412

510,172

═════════

Profit before tax

multiplied by the standard rate of corporation tax

in the United Kingdom at 25.00% (2024 - 25.00%)

225,603

127,543

Effects of:

Capital allowances for period in excess of depreciation

(26,536)

10,404

Deferred tax

28,396

(2,287)

─────────

Total tax charge for the financial year (Note 9 (a))

227,463

135,660

═════════


10.	Dividends	2025	2024
		£	£
	Dividends on equity shares:

	Ordinary - Final accrued	2,000	4,000
		═════════	═════════


11.	Intangible assets
		Liquor
		licence	Total
		£	£
	Cost
	At 1 October 2024	121,810	121,810
		─────────	─────────

	At 30 September 2025	121,810	121,810
		─────────	─────────
	Amortisation
	At 1 October 2024	19,489	19,489
	Charge for financial year	4,872	4,872
		─────────	─────────
	At 30 September 2025	24,361	24,361
		─────────	─────────
	Net book value
	At 30 September 2025	97,449	97,449
		═════════	═════════
	At 30 September 2024	102,321	102,321
		═════════	═════════


12.	Tangible assets
		Leasehold	Plant and	Fixtures,	Motor	Total
		land and	machinery	fittings and	vehicles
		buildings		equipment
		£	£	£	£	£
	Cost
	At 1 October 2024	966,548	230,189	836,231	4,792	2,037,760
	Additions	-	214,011	8,705	-	222,716
		─────────	─────────	─────────	─────────	─────────
	At 30 September 2025	966,548	444,200	844,936	4,792	2,260,476
		─────────	─────────	─────────	─────────	─────────
	Depreciation
	At 1 October 2024	77,324	127,857	806,700	4,792	1,016,673
	Charge for the financial year	19,331	100,448	21,732	-	141,511
		─────────	─────────	─────────	─────────	─────────
	At 30 September 2025	96,655	228,305	828,432	4,792	1,158,184
		─────────	─────────	─────────	─────────	─────────
	Net book value
	At 30 September 2025	869,893	215,895	16,504	-	1,102,292
		═════════	═════════	═════════	═════════	═════════
	At 30 September 2024	889,224	102,332	29,531	-	1,021,087
		═════════	═════════	═════════	═════════	═════════

13.

Stocks

2025

2024

Finished goods and goods for resale

275,366

209,342

═════════

The replacement cost of stock did not differ significantly from the figures shown.


14.	Debtors	2025	2024
		£	£

	Trade debtors	4,477	503
	Amounts owed by related parties	198,171	3,715
	Other debtors	12,668	6,819
	Directors' current accounts	673,245	410,933
	Prepayments and accrued income	69,711	50,658
		─────────	─────────
		958,272	472,628
		═════════	═════════


15.	Cash and cash equivalents	2025	2024
		£	£

	Cash and bank balances	2,603,949	2,392,507
		═════════	═════════


16.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank loan	7,010	10,648
	Trade creditors	509,354	507,675
	Taxation (Note 18)	282,587	216,561
	Directors' current accounts (Note 22)	2,000	8,800
	Other creditors	6,060	28,239
	Accruals	193,891	84,209
		─────────	─────────
		1,000,902	856,132
		═════════	═════════


17.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	-	6,672
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 16)	7,010	10,648
	Repayable between one and two years	-	6,672
		─────────	─────────
		7,010	17,320
		═════════	═════════


18.	Taxation	2025	2024
		£	£

	Creditors:
	VAT	66,044	64,418
	Corporation tax	199,067	137,947
	PAYE / NI	17,476	14,196
		─────────	─────────
		282,587	216,561
		═════════	═════════

19.

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Capital

Total

Total

allowances

2025

2024

At financial year start

2,287

Charged to profit and loss

28,396

28,396

(2,287)

─────────

At financial year end

28,396

═════════


20.	Share capital			2025	2024
				£	£
	Description	Number of shares	Value of units

	Allotted, called up and fully paid
	Ordinary	20	£1.00 each	20	20

				═════════	═════════

21.

Capital commitments

The company had no material capital commitments at the financial year-ended 30 September 2025.


22.	Directors' remuneration and transactions	2025	2024
		£	£

	Directors' remuneration
	Remuneration	71,000	34,061
	Pension contributions	212	520,005
		─────────	─────────
		71,212	554,066
		═════════	═════════

The following advances were made to the directors:

Balance at

Movement

Balance at

Maximum

30/09/25

in year

30/09/24

in year

Jonathan McCullagh

224,342

(186,398)

410,740

Terence Daniel McCullagh

448,903

448,710

193

─────────

═════════

673,245

262,312

410,933

═════════

The following amounts are repayable to the directors:

2025

2024

Terence McCullagh

1,000

7,800

Susan Bridget McCullagh

1,000

1,000

─────────

2,000

8,800

═════════

Net balances with the directors:

2025

2024

Jonathan McCullagh

224,342

410,740

Terence Daniel McCullagh

448,903

193

Terence McCullagh

(1,000)

(7,800)

Susan Bridget McCullagh

(1,000)

(1,000)

─────────

671,245

402,133

═════════

Rent of £21,000 (2024: £25,400) was paid to a director in relation to land that the company’s premises are built on.

Amounts owed to related parties relates to McCullagh Holdings, a partnership between Jonathan and Terence McCullagh.

23.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.


24	Reconciliation of Net Cash Flow to Movement in Net Debt
		Opening	Cash	Other	Closing
		balance	flows	changes	balance

		£	£	£	£

	Long-term borrowings	(6,672)	-	6,672	-
	Short-term borrowings	(10,648)	10,310	(6,672)	(7,010)
		─────────	─────────	─────────	─────────
	Total liabilities from financing activities	(17,320)	10,310	-	(7,010)
		═════════	═════════	═════════	─────────
	Total Cash and cash equivalents (Note 15)				2,603,949
					─────────
	Total net cash				2,596,939
					═════════