REGISTERED NUMBER: NI724384 (Northern Ireland)

Financial Statements

for the Period 5 December 2024 to 30 September 2025

for

Clogher Valley Materials Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M F McWilliams

REGISTERED OFFICE:

52a Tonnagh Road

Fintona

Omagh

Co. Tyrone

BT78 2JJ

REGISTERED NUMBER:

NI724384 (Northern Ireland)

AUDITORS:

Thornton Springer LLP

Chartered Accountants and

Statutory Auditor

67 Westow Street

London

SE19 3RW

FIXED ASSETS

Tangible assets

5

14,219,600

CURRENT ASSETS

Debtors

6

821,911

Cash at bank

4,339

826,250

CREDITORS

Amounts falling due within one year

7

(1,733,838

)

NET CURRENT LIABILITIES

(907,588

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,312,012

CREDITORS

Amounts falling due after more than one year

8

(1,796,042

)

PROVISIONS FOR LIABILITIES

(2,875,000

)

NET ASSETS

8,640,970

CAPITAL AND RESERVES

Called up share capital

10

100

Fair value reserve

11

8,625,000

Retained earnings

11

15,870

SHAREHOLDERS' FUNDS

8,640,970

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 3 September 2026 and were signed by:

M F McWilliams - Director

1.	STATUTORY INFORMATION

Clogher Valley Materials 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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 as modified by the revaluation of certain assets.

Turnover

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

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

Taxation

Taxation for the period 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 period 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

Additions

2,719,600

Revaluations

11,500,000

At 30 September 2025

14,219,600

NET BOOK VALUE

At 30 September 2025

14,219,600

Included in cost or valuation of land and buildings is freehold land of £ 2,719,600 which is not depreciated.

Property was professionally valued by Knight Frank on 19 June 2025.

Cost or valuation at 30 September 2025 is represented by:

Land and

buildings

£

Valuation in 2025

11,500,000

Cost

2,719,600

14,219,600

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

420

Amounts owed by group undertakings

100

Prepayments and accrued income

821,391

821,911

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts

1,229,450

Amounts owed to group undertakings

255,498

Tax

3,575

VAT

6,065

Amounts owed to related entity

234,250

Accruals and deferred income

5,000

1,733,838

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

1,796,042

9.	SECURED DEBTS

The following secured debts are included within creditors:

£

Hire purchase contracts

3,025,492

Hire purchase contracts/Loans are secured against the land situated at dromore middle, clogher, county tyrone.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

11.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

Deficit for the period

(2,859,130

)

(2,859,130

)

Valuation of property

-

11,500,000

11,500,000

Deferred tax

2,875,000

(2,875,000

)

-

At 30 September 2025

15,870

8,625,000

8,640,870

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen A Kaye (Senior Statutory Auditor)

for and on behalf of Thornton Springer LLP

13.	ULTIMATE CONTROLLING PARTY

The parent company during the financial year is Nationwide Materials Limited, a company incorporated in England and Wales.

These accounts have been consolidated in the PT McWilliams Group Limited accounts (ultimate parent) and for which copies of the consolidated financial statements can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.

Mr. M F McWilliams is considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.