REGISTERED NUMBER: NI635111

WASHINGBAY SHED & CLADDING LIMITED

Unaudited Financial Statements

for the Year Ended 30 November 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

B McCourt

O McCourt

Registered office:

116 Derrylaughan Road

Coalisland

Co. Tyrone

BT71 4QS

Registered number:

NI635111

Accountants:

Cooper Parry Advisory Limited

Unit 7, Dyehouse

Linen Green

Dungannon

BT71 7HB

Fixed assets

Intangible assets

5

-

Tangible assets

6

663,581

663,581

Current assets

Stocks

223,771

Debtors: amounts falling due within one year

7

212,127

Cash at bank and in hand

910,126

1,346,024

Creditors

Amounts falling due within one year

8

(558,676

)

Net current assets

787,348

Total assets less current liabilities

1,450,929

Creditors

Amounts falling due after more than one year

9

(23,609

)

Provisions for liabilities

26,997

Accruals and deferred income

(29,249

)

Net assets

1,425,068

Capital and reserves

Called up share capital

2

Revaluation reserve

10

163,107

Retained earnings

1,261,959

1,425,068

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

O McCourt - Director

B McCourt - Director

1.	Statutory information

Washingbay Shed & Cladding Limited is a private company, limited by shares , registered in Not specified/Other. 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 except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements

Revenue

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 2015, is being amortised evenly over its estimated useful life of five 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.

Property,plant and equipment and depreciation

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

Freehold property

-

75% on reducing balance

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Inventories

Inventories are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

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.

Cash flow statement

The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

4.	Employees and directors

The average number of employees during the year was 15 .

5.	Intangible fixed assets

Goodwill

£

Cost

At 1 December 2024

and 30 November 2025

120,000

Amortisation

At 1 December 2024

and 30 November 2025

120,000

Net book value

At 30 November 2025

-

At 30 November 2024

-

6.	Tangible fixed assets

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

Cost

At 1 December 2024

334,534

1,100,242

229,621

1,664,397

Additions

-

136,220

52,074

188,294

Disposals

-

(3,500

)

(597

)

(4,097

)

At 30 November 2025

334,534

1,232,962

281,098

1,848,594

Depreciation

At 1 December 2024

-

906,023

81,096

987,119

Charge for year

-

159,230

38,664

197,894

At 30 November 2025

-

1,065,253

119,760

1,185,013

Net book value

At 30 November 2025

334,534

167,709

161,338

663,581

At 30 November 2024

334,534

194,219

148,525

677,278

7.

Debtors: amounts falling due within one year

£

Trade receivables

212,127

8.

Creditors: amounts falling due within one year

£

Bank loans and overdrafts

6,127

Hire purchase contracts

4,233

Trade creditors

282,131

Taxation and social security

127,387

Other creditors

138,798

558,676

9.

Creditors: amounts falling due after more than one year

£

Hire purchase contracts

23,609

10.

Reserves

Revaluation

reserve

£

At 1 December 2024

and 30 November 2025

163,107