REGISTERED NUMBER: NI066388 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

C. Coyle Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Coyle

Mrs S Coyle

SECRETARY:

Mrs S Coyle

REGISTERED OFFICE:

T/a McCanns Pharmacy

57-59 Main Street

Castlewellan

Co. Down

BT31 9DQ

REGISTERED NUMBER:

NI066388 (Northern Ireland)

ACCOUNTANTS:

M.B.McGrady & Co

Chartered Accountants

Rathmore House

52 St Patricks Avenue

Downpatrick

Co. Down

BT30 6DS

BANKERS:

Ulster Bank

29 Upper Square

Castlewellan

Down

BT31 9DD

FIXED ASSETS

Intangible assets

4

180,000

270,000

Tangible assets

5

801

942

180,801

270,942

CURRENT ASSETS

Stocks

78,510

78,930

Debtors

92,622

92,012

Cash at bank and in hand

397,042

406,152

568,174

577,094

CREDITORS

Amounts falling due within one year

231,153

244,376

NET CURRENT ASSETS

337,021

332,718

TOTAL ASSETS LESS CURRENT LIABILITIES

517,822

603,660

CREDITORS

Amounts falling due after more than one year

510,000

600,000

NET ASSETS

7,822

3,660

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,722

3,560

SHAREHOLDERS' FUNDS

7,822

3,660

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 July 2026 and were signed on its behalf by:

C Coyle - Director

1.	STATUTORY INFORMATION

C. Coyle 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on 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.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

1,800,000

AMORTISATION

At 1 November 2024

1,530,000

Amortisation for year

90,000

At 31 October 2025

1,620,000

NET BOOK VALUE

At 31 October 2025

180,000

At 31 October 2024

270,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

8,411

DEPRECIATION

At 1 November 2024

7,469

Charge for year

141

At 31 October 2025

7,610

NET BOOK VALUE

At 31 October 2025

801

At 31 October 2024

942