Registration number: NI022544

Colington Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Colington Limited

(Registration number: NI022544)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Current assets
Debtors	4	72,879,309	71,877,612
Cash at bank and in hand		5,959,171	10,097,371
		78,838,480	81,974,983
Creditors: Amounts falling due within one year	5	(79,926,006)	(83,190,000)
Net liabilities		(1,087,526)	(1,215,017)
Capital and reserves
Called up share capital	6	200	200
Retained earnings		(1,087,726)	(1,215,217)
Shareholders' deficit		(1,087,526)	(1,215,017)

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 October 2026 and signed on its behalf by:
 

......................................... P Henry Company secretary and director

Colington Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
1 Ballycregagh Road
Cloughmills
Ballymena
County Antrim
BT44 9LB

These financial statements were authorised for issue by the Board on 22 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The directors have assessed a period of 12 months from the date of approving the financial statements with regard to the appropriateness of the going concern assumption in preparing the financial statements. The directors believe that the company will continue as a going concern and be able to realise its assets and discharge its liabilities in the normal course of business. The directors have received confirmation that the shareholders will not call in their loans and support the company, should it be required.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Colington Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2025 - 0).

4

Debtors

Current	Note	2026 £	2025 £
Amounts owed by related parties	7	72,860,578	71,836,552
Prepayments		18,731	41,060
		72,879,309	71,877,612

Colington Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

5

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Amounts owed to group undertakings and undertakings in which the company has a participating interest	7	79,880,428	83,188,850
Taxation and social security		44,328	-
Accruals and deferred income		1,250	1,150
		79,926,006	83,190,000

6	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	200	200	200	200

7	Related party transactions

The group is taking advantage of the exemption in FRS 102 not to disclose transactions with wholly owned members within the group.

Income and receivables from related parties

2026	Associates £
Amounts receivable from related party	1,500,000

2025	Associates £
Amounts receivable from related party	1,500,000

Expenditure with and payables to related parties

2026	Associates £	Other related parties £
Amounts payable to related party	59,966,575	9,907,603

2025	Associates £	Other related parties £
Amounts payable to related party	57,971,425	16,325,265

Colington Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

8	Parent and ultimate parent undertaking

The ultimate controlling party are the shareholders.