Harbour Road Service Station Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: NI601158 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Harbour Road Service Station Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

D Cardwell

S A Kydd

REGISTERED OFFICE:

59-61 Harbour Road

Portavogie

Co. Down

BT22 1EA

REGISTERED NUMBER:

NI601158 (Northern Ireland)

ACCOUNTANTS:

Drake Wells Stewart Limited

Chartered Accountants

1st Floor

34 B-D Main Street

Moira

Armagh

BT67 0LE

FIXED ASSETS

Intangible assets

5

42,500

Tangible assets

6

25,679

34,244

Investment property

7

370,533

438,712

447,277

CURRENT ASSETS

Stocks

125,311

121,374

Debtors

8

49,365

50,131

Cash at bank and in hand

881,329

960,504

1,056,005

1,132,009

CREDITORS

Amounts falling due within one year

9

273,937

332,927

NET CURRENT ASSETS

782,068

799,082

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,220,780

1,246,359

PROVISIONS FOR LIABILITIES

6,220

8,318

NET ASSETS

1,214,560

1,238,041

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

1,214,460

1,237,941

SHAREHOLDERS' FUNDS

1,214,560

1,238,041

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

D Cardwell - Director

S A Kydd - Director

1.	STATUTORY INFORMATION

Harbour Road Service Station 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 2010, is being amortised evenly over its estimated useful life of ten years.

Liquor licence

The liquor licence was initially measured at cost.

Tangible fixed assets

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

Plant and machinery

-

25% on Reducing Balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are stated 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 stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments

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 transaction price. Any losses arising from impairment ar recognised in the profit and loss account in other administrative expenses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit and loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 22 ) .

5.	INTANGIBLE FIXED ASSETS

Patents

and

Goodwill

licences

Totals

£

COST

At 1 December 2024

and 30 November 2025

575,000

42,500

617,500

AMORTISATION

At 1 December 2024

and 30 November 2025

575,000

-

575,000

NET BOOK VALUE

At 30 November 2025

-

42,500

At 30 November 2024

-

42,500

6.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 December 2024

and 30 November 2025

190,818

14,121

204,939

DEPRECIATION

At 1 December 2024

161,042

9,653

170,695

Charge for year

7,448

1,117

8,565

At 30 November 2025

168,490

10,770

179,260

NET BOOK VALUE

At 30 November 2025

22,328

3,351

25,679

At 30 November 2024

29,776

4,468

34,244

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

370,533

NET BOOK VALUE

At 30 November 2025

370,533

At 30 November 2024

370,533

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Trade debtors

1,096

1,405

Other debtors

48,269

48,726

49,365

50,131

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Trade creditors

97,798

94,339

Taxation and social security

19,510

47,513

Other creditors

156,629

191,075

273,937

332,927