REGISTERED NUMBER: NI053629 (Northern Ireland)

BALLYFORDE LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Paul O'Connor

Christine O'Connor

Registered office:

No 14 Windmill Business Park

19a - 31 Windmill Road

Saintfield

Saintfield

Co. Antrim

BT24 7DX

Registered number:

NI053629 (Northern Ireland)

Accountants:

Cooper Parry Advisory Limited

Unit 7, Dyehouse

Linen Green

Dungannon

BT71 7HB

Fixed assets

Intangible assets

5

-

-

Tangible assets

6

305,338

333,580

305,338

333,580

Current assets

Stocks

1,875

2,350

Debtors: amounts falling due within one year

7

216,462

318,574

Cash at bank and in hand

1,016

1,714

219,353

322,638

Creditors

Amounts falling due within one year

8

(187,973

)

(265,081

)

Net current assets

31,380

57,557

Total assets less current liabilities

336,718

391,137

Creditors

Amounts falling due after more than one year

9

(19,746

)

(29,451

)

Provisions for liabilities

(13,752

)

(13,752

)

Net assets

303,220

347,934

Capital and reserves

Called up share capital

2

2

Retained earnings

303,218

347,932

303,220

347,934

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 21 August 2026 and were signed on its behalf by:

Paul O'Connor - Director

1.	Statutory information

Ballyforde 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.	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.

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Revenue

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 0, is being amortised evenly over its estimated useful life of nil 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.

Property, plant and equipment

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

Inventories

Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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 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.

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.

Cash flow statement

The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

4.	Employees and directors

The average number of employees during the year was 9 (2025 - 11 ) .

5.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2025

and 31 March 2026

227,881

Amortisation

At 1 April 2025

and 31 March 2026

227,881

Net book value

At 31 March 2026

-

At 31 March 2025

-

6.	Tangible fixed assets

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2025

and 31 March 2026

212,100

63,861

210,134

111,719

597,814

Depreciation

At 1 April 2025

39,239

10,374

146,293

68,328

264,234

Charge for year

4,242

2,553

12,769

8,678

28,242

At 31 March 2026

43,481

12,927

159,062

77,006

292,476

Net book value

At 31 March 2026

168,619

50,934

51,072

34,713

305,338

At 31 March 2025

172,861

53,487

63,841

43,391

333,580

7.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

119,772

116,189

Other debtors

96,690

202,385

216,462

318,574

8.

Creditors: amounts falling due within one year

2026

2025

£

£

Bank loans and overdrafts

65,557

70,251

Hire purchase contracts

7,725

7,725

Trade creditors

59,482

24,250

Taxation and social security

48,381

51,539

Other creditors

6,828

111,316

187,973

265,081

9.

Creditors: amounts falling due after more than one year

2026

2025

£

£

Bank loans

-

1,980

Hire purchase contracts

19,746

27,471

19,746

29,451

10.	Directors' advances, credits and guarantees

At the year end a balance of £94,859 was owed by the directors (2025 - £94,263) to the company in respect of monies advanced to the directors.