Company registration number: NI641816
Annual report and unaudited financial statements
for the period ended 29 October 2025
for
TMC Contracts Limited
Pages for filing with the Registrar
Company registration number: NI641816
TMC Contracts Limited
Balance sheet
as at 29 October 2025
29 Oct 25 30 Oct 24
Note £ £ £ £
Fixed assets
Tangible assets 4 178,737 238,307
178,737 238,307
Current assets
Stocks - 500
Debtors 5 16,328 20,019
Cash at bank and in hand 605 6,234
16,933 26,753
Creditors: amounts falling due within one year
6 (130,896) (85,443)
Net current liabilities (113,963) (58,690)
Total assets less current liabilities 64,774 179,617
Creditors: Amounts falling due after more than one year
7 - (6,841)
Provisions for liabilities (8,364) (26,985)
NET ASSETS 56,410 145,791
Capital and reserves
Called up share capital 100 100
Profit and loss account 56,310 145,691
TOTAL EQUITY 56,410 145,791
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 29 October 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: NI641816
TMC Contracts Limited
Balance sheet - continued
as at 29 October 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr T Connolly, Director
10 September 2026
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TMC Contracts Limited
Notes to the financial statements
for the period ended 29 October 2025
1 Company information
TMC Contracts Limited is a private company registered in Northern Ireland. Its registered number is NI641816. The company is limited by shares. Its registered office is 21 Desart Lane, Armagh, County Armagh, BT61 8AR.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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
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 etc.:
Plant & Machinery - 25% reducing balance
Motor Vehicles - 25% reducing balance
Computer Equipment - 20% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3
TMC Contracts Limited
Notes to the financial statements - continued
for the period ended 29 October 2025
2 Accounting policies - continued
Taxation
Taxation for the period comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the period the average number of employees was 2 (2024 - 1).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 31 October 2024 598,648
At 29 October 2025 598,648
Depreciation
At 31 October 2024 360,341
Charge for period 59,570
At 29 October 2025 419,911
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TMC Contracts Limited
Notes to the financial statements - continued
for the period ended 29 October 2025
4 Tangible fixed assets - continued
Net book value
At 29 October 2025 178,737
At 30 October 2024 238,307
5 Debtors
29 Oct 25 30 Oct 24
£ £
Taxation 16,328 16,328
Other debtors - 3,691
16,328 20,019
6 Creditors: amounts falling due within one year
29 Oct 25 30 Oct 24
£ £
Bank loans and overdrafts 7,145 10,659
Amounts owed to directors 51,017 48,159
Other creditors 72,734 26,625
130,896 85,443
7 Creditors: amounts falling due after more than one year
29 Oct 25 30 Oct 24
£ £
Other loans - 6,841
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