Siomac Ltd 31/07/2025 iXBRL

Company registration number: NI669951

Siomac Ltd

Unaudited filleted financial statements

31 July 2025

Siomac Ltd

Contents

Directors and other information

Accountants report

Balance sheet

Notes to the financial statements

Siomac Ltd

Directors and other information


	Directors	Mr Alan Rodgers
		Mrs Brigie Rodgers


	Company number	NI669951


	Registered office	162 Steeple Road
		Kells
		Ballymena
		Co Antrim
		BT42 3NP


	Business address	162 Steeple Road
		Kells
		Ballymena
		Co Antrim
		BT42 3NP


	Accountants	Potter Finnegan Limited
		Unit 27-28 The Courtyard Businss Park
		190 Galgorm Road
		Ballymena
		Co Antrim
		BT42 1HL




	Bankers	Bank of Ireland
		5th Floor
		1 Donegall Square South
		Belfast
		BT1 5LR

Siomac Ltd

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Siomac Ltd

Year ended 31 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Siomac Ltd for the year ended 31 July 2025 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.

This report is made solely to the board of directors of Siomac Ltd, as a body, in accordance with the terms of our engagement letter dated 13 November 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Siomac Ltd and state those matters that we have agreed to state to the board of directors of Siomac Ltd as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Siomac Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Siomac Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Siomac Ltd. You consider that Siomac Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Siomac Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Potter Finnegan Limited

Chartered Accountants

Unit 27-28 The Courtyard Businss Park

190 Galgorm Road

Ballymena

Co Antrim

BT42 1HL

31 July 2026

Siomac Ltd

Balance sheet

31 July 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	4	1,172,964		71,861
Investments	5	1,061,596		129,110
		_______		_______
			2,234,560		200,971

Current assets
Stocks	6	1,648,988		1,663,976
Debtors	7	29,988		70,530
Cash at bank and in hand		236,400		886,118
		_______		_______
		1,915,376		2,620,624
Creditors: amounts falling due
within one year	8	( 1,565,294)		( 36,312)
		_______		_______
Net current assets			350,082		2,584,312
			_______		_______
Total assets less current liabilities			2,584,642		2,785,283


Provisions for liabilities	9		( 5,345)		-

			_______		_______
Net assets			2,579,297		2,785,283
			_______		_______

Capital and reserves
Called up share capital	11		112		112
Profit and loss account			2,579,185		2,785,171
			_______		_______
Shareholders funds			2,579,297		2,785,283
			_______		_______

For the year ending 31 July 2025 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 31 July 2026 , and are signed on behalf of the board by:

Mr Alan Rodgers Mrs Brigie Rodgers

Director Director

Company registration number: NI669951

Siomac Ltd

Notes to the financial statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is Siomac Ltd, 162 Steeple Road, Kells, Ballymena, Co Antrim, BT42 3NP.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 August 2024	48,861	24,167	-	-	73,028
Additions	-	2,104	-	-	2,104
Transfers	914,834	117,271	391,218	26,700	1,450,023
	_______	_______	_______	_______	_______
At 31 July 2025	963,695	143,542	391,218	26,700	1,525,155
	_______	_______	_______	_______	_______
Depreciation
At 1 August 2024	-	1,167	-	-	1,167
Charge for the year	-	8,115	58,683	2,205	69,003
Transfers	14,725	113,263	131,008	23,025	282,021
	_______	_______	_______	_______	_______
At 31 July 2025	14,725	122,545	189,691	25,230	352,191
	_______	_______	_______	_______	_______
Carrying amount
At 31 July 2025	948,970	20,997	201,527	1,470	1,172,964
	_______	_______	_______	_______	_______
At 31 July 2024	48,861	23,000	-	-	71,861
	_______	_______	_______	_______	_______

5. Investments

	Shares in group undertakings and participating interests	Other investments other than loans	Total
	£	£	£
Cost
At 1 August 2024	110	129,000	129,110
Additions	-	932,486	932,486
	_______	_______	_______
At 31 July 2025	110	1,061,486	1,061,596
	_______	_______	_______
Impairment
At 1 August 2024 and 31 July 2025	-	-	-
	_______	_______	_______
Carrying amount
At 31 July 2025	110	1,061,486	1,061,596
	_______	_______	_______
At 31 July 2024	110	129,000	129,110
	_______	_______	_______

6. Stocks

	2025	2024
	£	£
Finished goods and goods for resale	1,648,988	1,663,976
	_______	_______

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	-	37,629
Other debtors	29,988	32,901
	_______	_______
	29,988	70,530
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,200	29,585
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,561,255	4,912
Other creditors	2,839	1,815
	_______	_______
	1,565,294	36,312
	_______	_______

9. Provisions

	Deferred tax (note 10)	Total
	£	£
At 1 August 2024	-	-
Transfers	5,345	5,345
	_______	_______
At 31 July 2025	5,345	5,345
	_______	_______

10. Deferred tax

The deferred tax included in the Balance sheet is as follows:

	2025	2024
	£	£
Included in provisions (note 9)	5,345	-
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	5,345	-
	_______	_______

11. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	112	112	112	112
	_______	_______	_______	_______

12. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Loan to subsidiary company	-	-	-	37,629
Loan from subsidiary companies	-	-	1,565,294	4,912
	_______	_______	_______	_______

During the year the company had a loan to a subsidiary company. This loan was repaid before 31 July 2025. At the year end the company had loans from a subsidiary companies. The loans are interest free and repayable on demand. These loans are included in creditors.

13. Controlling party

The company is controlled by the directors.