REGISTERED NUMBER: NI017777 (Northern Ireland)

Financial Statements for the Year Ended 28 February 2026

for

Coote's (Builders Merchants) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms I Coote

SECRETARY:

Mc T Mcdonald

REGISTERED OFFICE:

83 Main Street

Ballygawley

Co. Tyrone

BT70 2HD

REGISTERED NUMBER:

NI017777 (Northern Ireland)

ACCOUNTANTS:

Dundas Gallagher

Chartered Accountants and Statutory Auditors

Thistlebank House

2 Old Henry Street

Enniskillen

Co. Fermanagh

BT74 7JX

FIXED ASSETS

Tangible assets

4

373,441

373,759

CURRENT ASSETS

Stocks

614,300

610,000

Debtors

5

269,744

328,131

884,044

938,131

CREDITORS

Amounts falling due within one year

6

769,127

797,172

NET CURRENT ASSETS

114,917

140,959

TOTAL ASSETS LESS CURRENT LIABILITIES

488,358

514,718

PROVISIONS FOR LIABILITIES

14,562

13,363

NET ASSETS

473,796

501,355

CAPITAL AND RESERVES

Called up share capital

25,000

25,000

Retained earnings

448,796

476,355

473,796

501,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 28 August 2026 and were signed by:

Ms I Coote - Director

1.	STATUTORY INFORMATION

Coote's (Builders Merchants) 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.

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 lift.

Plant and machinery 10%

Land and buildings 2%

Fixtures and fittings 20%

Stocks

Stocks are 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 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2025 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2025

540,762

208,083

748,845

Additions

-

19,986

19,986

At 28 February 2026

540,762

228,069

768,831

DEPRECIATION

At 1 March 2025

237,335

137,751

375,086

Charge for year

9,057

11,247

20,304

At 28 February 2026

246,392

148,998

395,390

NET BOOK VALUE

At 28 February 2026

294,370

79,071

373,441

At 28 February 2025

303,427

70,332

373,759

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

269,744

328,131

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

324,002

485,436

Hire purchase contracts

-

1,013

Trade creditors

222,896

191,968

Taxation and social security

36,967

44,714

Other creditors

185,262

74,041

769,127

797,172

Danske overdraft - Security held as follows;

Premises and machinery held at 82 Main Street, Ballygawley, Co. Tyrone

Premises at 77 Main Street, Ballygawley, Co. Tyrone

Premises at Omagh Road, Ballygawley, Co. Tyrone comprised in Folios 17531(Part) and 16010.

All monies charge over all book debts and other debts owing or incurred to the company.