REGISTERED NUMBER: NI004298 (Northern Ireland)

JOSEPH HARLEY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Joseph Harley

REGISTERED OFFICE:

34 Main Street

STRABANE

Co. Tyrone

BT82 8AS

REGISTERED NUMBER:

NI004298 (Northern Ireland)

ACCOUNTANTS:

McAleer Jackson Ltd

Chartered Accountants

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

BANKERS:

Danske Bank

Business Banking

PO Box 183

Donegal Square West

BELFAST

BT1 6JS

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 31 January 2026 which comprise the Income Statement, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's director, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's director that we have done so, and state those matters that we have agreed to state to him in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's director, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 31 January 2026 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.

This report is made solely to the company's members as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body for this report.

McAleer Jackson Ltd

Chartered Accountants

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

Date: .............................................

FIXED ASSETS

Tangible assets

4

152,273

141,066

CURRENT ASSETS

Stocks

65,000

60,000

Debtors

5

13,511

14,020

Cash at bank and in hand

189,578

177,673

268,089

251,693

CREDITORS

Amounts falling due within one year

6

250,437

225,907

NET CURRENT ASSETS

17,652

25,786

TOTAL ASSETS LESS CURRENT LIABILITIES

169,925

166,852

ACCRUALS AND DEFERRED INCOME

9,577

10,155

NET ASSETS

160,348

156,697

CAPITAL AND RESERVES

Called up share capital

60

60

Retained earnings

160,288

156,637

SHAREHOLDERS' FUNDS

160,348

156,697

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 2 September 2026 and were signed by:

Joseph Harley - Director

1.	STATUTORY INFORMATION

Joseph Harley 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.

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 financial statements are prepared in sterling which is the functional currency of the Company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provisions for

impairment.

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

estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property - 2% straight line

Fixtures & fittings - 20% on reducing balance

Plant & machinery - 20% on reducing balance

Stock

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

Taxation

Taxation for the year comprises current 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 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.

Pension costs and other post-retirement benefits

The company operates an executive pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

One director is accruing benefits under a money purchase scheme.

Deferred government grants

Government grants in respect of capital expenditure are credited to a deferred income account and are released to profit over the expected useful lives of the relevant assets by equal annual instalments.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant &

Fixtures

property

machinery

& fittings

Totals

£

£

£

£

COST OR VALUATION

At 1 February 2025

220,000

-

11,397

231,397

Additions

-

19,545

-

19,545

At 31 January 2026

220,000

19,545

11,397

250,942

DEPRECIATION

At 1 February 2025

79,077

-

11,254

90,331

Charge for year

4,400

3,909

29

8,338

At 31 January 2026

83,477

3,909

11,283

98,669

NET BOOK VALUE

At 31 January 2026

136,523

15,636

114

152,273

At 31 January 2025

140,923

-

143

141,066

Cost or valuation at 31 January 2026 is represented by:

Freehold

Plant &

Fixtures

property

machinery

& fittings

Totals

£

£

£

£

Valuation in 2012

175,330

-

-

175,330

Cost

44,670

19,545

11,397

75,612

220,000

19,545

11,397

250,942

If Freehold property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

44,670

44,670

Freehold property was valued on an open market basis on 31 January 2012 by the director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

13,511

14,020

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

19,254

14,513

Corporation tax

22

-

Social security and other taxes

7,190

13,919

Other creditors

22,919

18,701

Directors' current accounts

201,052

178,774

250,437

225,907

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Joseph Harley.