J.C. Campbell (N.I.) Limited - Filleted accounts

Registered number

NI009773

J.C. Campbell (N.I.) Limited

Filleted Accounts

31 December 2025

J.C. Campbell (N.I.) Limited
Registered number:		NI009773
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		2,066,676			2,100,724

Current assets
Stocks		987,250			675,975
Debtors	5	252,672			666,476
Cash at bank and in hand		182,682			179,839
		1,422,604			1,522,290

Creditors: amounts falling due within one year	6	(912,283)			(1,414,578)

Net current assets			510,321			107,712

Total assets less current liabilities			2,576,997			2,208,436

Creditors: amounts falling due after more than one year	7		(1,010,547)			(988,366)

Provisions for liabilities			(88,636)			(3,527)


Net assets			1,477,814			1,216,543

Capital and reserves
Called up share capital			10,000			10,000
Capital redemption reserve	8		10,000			10,000
Profit and loss account			1,457,814			1,196,543

Shareholders' funds			1,477,814			1,216,543

The financial statements have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Colin Campbell
Director
Approved by the board on 10 August 2026

J.C. Campbell (N.I.) Limited
Notes to the Financial Statements
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).


	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Freehold land & buildings		Nil
	Plant and machinery		20% straight line
	Plant and machinery (short life)		33% straight line
	Computer Software		10% straight line
	Computer equipment		33% straight line
	Fixtures, fittings, tools and equipment		12.5% straight line
	Fixtures, fittings, tools and equipment (short life)		33% straight line

	Land and buildings were valued on 9th March 2017. The valuation was undertaken by Best Property Services. The valuation was adopted in the financial statements for the year ended 31st December 2016 as it was considered to be reflective of the value at 31st December 2016. There has been no depreciation charged on the land and buildings since revaluation as the property has planning permission and the directors deem the valuation to be maintained.


	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.


	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


	Government grants
	Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.


	Provisions
	Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Audit information

	The audit report is unqualified.

	Senior statutory auditor:	Brian Delahunt FCA
	Firm:	Fitzpatrick & Kearney Ltd
	Date of audit report:	10 August 2026

3	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			26		25

4	Tangible fixed assets
		Freehold	P & Mach
		Land and	F & Fits &	Motor	Total
		Buildings	Computer	Vehicles
		£	£	£	£
	Cost
	At 1 January 2025	1,602,230	580,117	-		2,182,347
	Additions	-	33,114	-		33,114
	Transfer			-		-
	Disposals	(1,845)	-	-		(1,845)
	At 31 December 2025	1,600,385	613,231	-		2,213,616

	Depreciation
	At 1 January 2025	-	81,623	-		81,623
	Charge for the year	-	65,317	-		65,317
	At 31 December 2025	-	146,940	-		146,940

	Net book value
	At 31 December 2025	1,600,385	466,291	-		2,066,676
	At 31 December 2024	1,602,230	498,494	-		2,100,724

	Tangible fixed assets held at cost at 31st December 2025 (at valuation at 31st December 2021)

	The historic cost equivalent of land and buildings included at valuation are as follows:			2025		2024
£					£
	Opening Historical cost			12,000		12,000
	Cumulative depreciation based on historical cost			-		-
	Disposals			(12,000)		-
	Closing Historical cost			-		12,000

5	Debtors			2025		2024
£					£

	Trade debtors			137,192		470,106
	Corporation Tax Refund			-		18,838
	Other debtors			115,480		177,532
				252,672		666,476


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans			45,016		35,850
	Trade creditors			698,844		1,090,173
	Taxation and social security costs			120,460		43,038
	Other creditors			47,963		245,517
				912,283		1,414,578


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			1,010,547		988,366

	The loan is secured by:
	(a) All monies Debenture held giving a fixed and floating charge over the assets of J.C.
	Campbell (N.I.) Limited.
	(b) All monies Freehold 1st legal charge held over the assets of premises at Old
	Warrenpoint Road, Newry, contained within land certificate folios.

8	Capital redemption reserve

	The capital redemption reserve relates to a purchase by the company of 10,000 of its own shares on 17 November 1993 in accordance with respective legislation now reflected in Section 690 of the Companies Act 2006.


9	Revaluation reserve			2025		2024
£					£

	At 1 January 2025			-		66,000
	Reduction on revaluation of land and buildings			-		(66,000)
	Deferred taxation arising on the revaluation of land and buildings			-		-

	At 31 December 2025			-		-


10	Events after the reporting date

	There were no events since the balance sheet date which would necessitate a change in the above figures.

11	Contingent liabilities

	As far as the directors are aware, there were no contingent liabilities at the year end.


12	Related party transactions

	There were no transactions with directors outside the normal course of business.

13	Controlling party

	The ultimate controlling parties at the Balance Sheet date were Mr Colin Campbell and Mrs Catherine Campbell, each holding 5000 shares each in the company. On 1 February 2026 Colin & Catherine Campbell transferred 5,000 shares each to Stephen Campbell who is now the controlling party with a 100% shareholding.


14	Other information

	J.C. Campbell (N.I.) Limited is a private company limited by shares and incorporated in Northern Ireland. Its registered office is:
	11, Old Warrenpoint Road
	Newry
	Co. Down
	BT34 2PF