REGISTERED NUMBER: NI057744 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

GR White & Son Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R White

Mr G White

Mrs C White

Mrs K White

Mr L McWilliams

Mrs S Hamilton

Mr B R Keys

SECRETARY:

Mr R White

REGISTERED OFFICE:

43 Main Street

Tempo

Co. Fermanagh

BT94 3LU

REGISTERED NUMBER:

NI057744 (Northern Ireland)

ACCOUNTANTS:

HMCI Limited

T/A Hamill McIlwaine

28-30 Old Mountfield Road

Omagh

Co. Tyrone

BT79 7BJ

BANKERS:

Danske Bank

99 - 101 Main Street

Fivemiletown

Co. Tyrone

BT75 9PH

SOLICITORS:

Cooper Wilkinson

Imperial Buildings

38 - 40 Queen Elizabeth Road

Enniskillen

Co Fermanagh

BT74 7BY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,143,063

1,203,348

1,143,063

1,203,348

CURRENT ASSETS

Stocks

440,966

303,767

Debtors

6

694,864

804,340

Cash at bank

60,919

6,031

1,196,749

1,114,138

CREDITORS

Amounts falling due within one year

7

933,094

1,004,684

NET CURRENT ASSETS

263,655

109,454

TOTAL ASSETS LESS CURRENT LIABILITIES

1,406,718

1,312,802

CREDITORS

Amounts falling due after more than one year

8

(98,207

)

(83,038

)

PROVISIONS FOR LIABILITIES

(186,213

)

(170,434

)

NET ASSETS

1,122,298

1,059,330

CAPITAL AND RESERVES

Called up share capital

10

1,200

1,200

Retained earnings

1,121,098

1,058,130

SHAREHOLDERS' FUNDS

1,122,298

1,059,330

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 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 15 June 2026 and were signed on its behalf by:

Mr R White - Director

1.	STATUTORY INFORMATION

GR White & Son 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

These financial statements have been prepared on the going concern basis. The principal accounting policies, which have been applied consistently throughout the year, are set out below.

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of value added tax and trade discounts. Revenue is recognised when, and to the extent that, the company obtains the right to consideration in exchange for its performance.

Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its estimated economic life. The useful economic life of the asset has been estimated by the directors at ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

15% on cost

Tangible fixed assets are stated at cost less accumulated deprecation. The cost of tangible fixed assets is their purchase cost, together with any incidental costs of acquisition.

Stocks

Stocks and work in progress are stated at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost comprises materials, direct wages and other direct production costs together with a proportion of production overheads relevant to the stage of completion of work in progress and finished goods.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 68 (2024 - 68 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

30,000

AMORTISATION

At 1 January 2025

and 31 December 2025

30,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

458,495

112,822

184,001

920,626

1,675,944

Additions

-

4,112

9,449

91,700

105,261

Disposals

-

(11,720

)

(44,688

)

(95,900

)

(152,308

)

At 31 December 2025

458,495

105,214

148,762

916,426

1,628,897

DEPRECIATION

At 1 January 2025

-

60,076

114,163

298,357

472,596

Charge for year

-

13,451

21,395

93,872

128,718

Eliminated on disposal

-

(9,530

)

(44,446

)

(61,504

)

(115,480

)

At 31 December 2025

-

63,997

91,112

330,725

485,834

NET BOOK VALUE

At 31 December 2025

458,495

41,217

57,650

585,701

1,143,063

At 31 December 2024

458,495

52,746

69,838

622,269

1,203,348

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

500,014

617,900

Amounts recoverable on contract

42,413

77,980

Other debtors

152,437

108,460

694,864

804,340

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

107,224

10,658

Hire purchase contracts

73,806

78,278

Trade creditors

542,858

815,058

Tax

64,253

-

Social security and other taxes

110,681

73,209

Directors' current accounts

3,071

2,397

Accrued expenses

31,201

25,084

933,094

1,004,684

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

4,163

Hire purchase contracts

98,207

78,875

98,207

83,038

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

172,013

157,153

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,200

Ordinary

£1

1,200

1,200

11.	RELATED PARTY DISCLOSURES

The directors are regarded as related parties of the company. The directors' current account has a balance of £3,071 at the year end (2024: £2,397) and is included in other creditors.