REGISTERED NUMBER: NI612924 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

A L Contracts (N.I.) Ltd

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

9

DIRECTOR:

A Little

REGISTERED OFFICE:

1st Floor, 34b-d Main Street

Moira

Co. Armagh

BT67 0LE

REGISTERED NUMBER:

NI612924 (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

-

-

Tangible assets

6

300,130

312,002

300,130

312,002

CURRENT ASSETS

Stocks

7

250,002

89,750

Debtors

8

37,521

19,318

Cash and cash equivalents

28,904

124,087

316,427

233,155

CREDITORS

Amounts falling due within one year

9

337,630

307,404

NET CURRENT LIABILITIES

(21,203

)

(74,249

)

TOTAL ASSETS LESS CURRENT LIABILITIES

278,927

237,753

CREDITORS

Amounts falling due after more than one year

10

(72,266

)

(108,470

)

PROVISIONS FOR LIABILITIES

13

(57,025

)

-

NET ASSETS

149,636

129,283

CAPITAL AND RESERVES

Called up share capital

14

100

100

Retained earnings

149,536

129,183

SHAREHOLDERS' FUNDS

149,636

129,283

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2026 and were signed by:

A Little - Director

1.	STATUTORY INFORMATION

A L Contracts (N.I.) Ltd 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 2012, 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.

Tangible fixed assets

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.

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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase , cost 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 2 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2025

and 31 May 2026

10,200

AMORTISATION

At 1 June 2025

and 31 May 2026

10,200

NET BOOK VALUE

At 31 May 2026

-

At 31 May 2025

-

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 June 2025

422,596

Additions

124,800

Disposals

(114,000

)

At 31 May 2026

433,396

DEPRECIATION

At 1 June 2025

110,594

Charge for year

48,872

Eliminated on disposal

(26,200

)

At 31 May 2026

133,266

NET BOOK VALUE

At 31 May 2026

300,130

At 31 May 2025

312,002

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 June 2025

324,325

Additions

118,800

Disposals

(114,000

)

At 31 May 2026

329,125

DEPRECIATION

At 1 June 2025

112,166

Charge for year

40,575

Eliminated on disposal

(26,200

)

At 31 May 2026

126,541

NET BOOK VALUE

At 31 May 2026

202,584

At 31 May 2025

212,159

7.

STOCKS

31.5.26

31.5.25

£

£

Work-in-progress

250,002

89,750

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

CIS refund due

-

7,828

VAT

37,521

11,490

37,521

19,318

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans and overdrafts (see note 11)

-

10,000

Hire purchase contracts

72,877

94,434

Trade creditors

190,428

69,656

Taxation and social security

22,863

-

Other creditors

51,462

133,314

337,630

307,404

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans (see note 11)

-

431

Hire purchase contracts

72,266

108,039

72,266

108,470

11.

LOANS

An analysis of the maturity of loans is given below:

31.5.26

31.5.25

£

£

Amounts falling due within one year or on demand:

Bank loans

-

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

431

12.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.26

31.5.25

£

£

Hire purchase contracts

145,143

202,473

13.	PROVISIONS FOR LIABILITIES

31.5.26

31.5.25

£

£

Deferred tax

Accelerated capital allowances

57,025

-

Deferred

tax

£

Provided during year

57,025

Balance at 31 May 2026

57,025

14.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.26

31.5.25

value:

£

£

100

Ordinary

1

100

100