REGISTERED NUMBER: NI648543 (Northern Ireland)

CRAWFORDS MARINA LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R T D Crawford

Mr G R Crawford

SECRETARY:

Mrs E L Crawford

REGISTERED OFFICE:

1 Derryharney Road

Aghnacarra

LISBELLAW

Co. Fermanagh

BT94 5HW

REGISTERED NUMBER:

NI648543 (Northern Ireland)

AUDITORS:

McAleer Jackson Ltd

Chartered Accountants & Statutory Auditors

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

BANKERS:

Danske Bank

Donegall Square West

BELFAST

BT1 6JS

FIXED ASSETS

Tangible assets

4

4,613,366

3,337,658

CURRENT ASSETS

Stocks

971,817

2,099,756

Debtors

5

324,969

242,873

Cash at bank and in hand

287,054

138,595

1,583,840

2,481,224

CREDITORS

Amounts falling due within one year

6

54,241

76,415

NET CURRENT ASSETS

1,529,599

2,404,809

TOTAL ASSETS LESS CURRENT LIABILITIES

6,142,965

5,742,467

CREDITORS

Amounts falling due after more than one year

7

6,885,810

6,023,801

NET LIABILITIES

(742,845

)

(281,334

)

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

(752,845

)

(291,334

)

(742,845

)

(281,334

)

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 Board of Directors and authorised for issue on 1 July 2026 and were signed on its behalf by:

Mr R T D Crawford - Director

1.	STATUTORY INFORMATION

Crawfords Marina 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.

The financial statements are shown in pounds sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provisions for impairment.

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

Plant and machinery - 10% straight line

Fixtures and fittings - 10% straight line

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.

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transactional price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Pension costs

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Going concern

The company finances its working capital and capital expenditure by way of funding provided to it by its parent company, fellow group companies, and its director. The company results are disclosed on pages 8-9.

The company's ultimate parent has confirmed that the group companies will continue to provide financial support to the company for a period of at least one year from the date of the approval of these financial statements. It is on the basis of that continued group support that the director concludes that the company will continue as a going concern, and these financial statements therefore have been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Land &

Plant and

and

buildings

machinery

fittings

Totals

£

£

£

£

COST

At 1 January 2025

3,113,506

353,295

34,777

3,501,578

Additions

798,631

537,663

52,964

1,389,258

Disposals

-

(19,600

)

-

(19,600

)

At 31 December 2025

3,912,137

871,358

87,741

4,871,236

DEPRECIATION

At 1 January 2025

-

146,440

17,480

163,920

Charge for year

-

87,136

8,774

95,910

Eliminated on disposal

-

(1,960

)

-

(1,960

)

At 31 December 2025

-

231,616

26,254

257,870

NET BOOK VALUE

At 31 December 2025

3,912,137

639,742

61,487

4,613,366

At 31 December 2024

3,113,506

206,855

17,297

3,337,658

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

307,517

3,084

Other debtors

17,452

239,789

324,969

242,873

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,919

50,196

Taxation and social security

222

557

Other creditors

50,100

25,662

54,241

76,415

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

5,361,405

4,499,396

Other creditors

1,524,405

1,524,405

6,885,810

6,023,801

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Directors loan

1,524,405

1,524,405

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Barnett (Senior Statutory Auditor)

for and on behalf of McAleer Jackson Ltd

9.	CAPITAL COMMITMENTS

The company had no material capital commitments at the balance sheet date.

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of Section 33.1A of FRS102, whereby disclosures need not be given of transactions entered into between members of a group, provided that any subsidiary which is party to the transaction is wholly owned by such a member.

11.	ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent company is RTD Crawford Holdings Ltd, a company incorporated in Northern Ireland, which owns 100% of the issued share capital of Crawfords Marina Ltd.

The smallest and largest group of undertakings for which group financial statements are drawn up and for which the company is a member is RTD Crawford Holdings Ltd. Copies of group financial statements are available from Companies House.

At the balance sheet date the ultimate controlling parties were Mr MT Crawford and Mr GR Crawford by virtue of their controlling interest in RTD Crawford Holdings Ltd.