REGISTERED NUMBER: NI673377 (Northern Ireland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

MAGHERAMORNE QUARRY REGENERATION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Hughes Snr

REGISTERED OFFICE:

Unit 5 Mountain View Business Park

3-5 Killean School Road

Newry

County Down

BT35 8RX

REGISTERED NUMBER:

NI673377 (Northern Ireland)

ACCOUNTANTS:

Flint & Thompson

2 Manor Square

Solihull

West Midlands

B91 3PX

FIXED ASSETS

Tangible assets

4

2,208,409

2,208,409

CURRENT ASSETS

Debtors

5

5,618

14,383

Cash at bank

24,346

5,012

29,964

19,395

CREDITORS

Amounts falling due within one year

6

4,981,803

4,910,984

NET CURRENT LIABILITIES

(4,951,839

)

(4,891,589

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,743,430

)

(2,683,180

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(2,743,530

)

(2,683,280

)

(2,743,430

)

(2,683,180

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 by the director and authorised for issue on 28 July 2026 and were signed by:

P Hughes Snr - Director

1.	STATUTORY INFORMATION

Magheramorne Quarry Regeneration 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 presentational currency of these financial statements is sterling. All amounts in the financial statements

have been rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons;

The company has group support to ensure that it meets its liabilities for a period of no less than 12 months from the approval of the financial statements.

Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements and therefore have prepared them on a going concern basis.

Tangible fixed assets

Land is carried at it's revalued amount, being fair value at the date of valuation less impairment losses.

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Debtors

Trade receivables do not carry any interest receivable and are initially recognised at fair value and subsequently at amortised cost using the effective interest method.

Creditors

Trade payables do not carry any interest receivable and are initially recognised at fair value and subsequently at amortised cost using the effective interest method.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 August 2024

and 31 July 2025

2,208,409

NET BOOK VALUE

At 31 July 2025

2,208,409

At 31 July 2024

2,208,409

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

5,618

14,383

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

18,712

4,800

Amounts owed to group undertakings

4,958,541

4,901,859

Other creditors

4,550

4,325

4,981,803

4,910,984

7.	RELATED PARTY DISCLOSURES

At the year end, the Company owed £4,958,541 (2024 - £4,901,859) to various companies under the control of the director Mr Hughes.