REGISTERED NUMBER: NI042999 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

K Henry Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Henry

Mrs P Henry

Mr M C Henry

SECRETARY:

Mrs P Henry

REGISTERED OFFICE:

76 Drones Road

Armoy

Ballymoney

Co Antrim

BT53 8UP

REGISTERED NUMBER:

NI042999 (Northern Ireland)

ACCOUNTANTS:

McIlveen Howard Limited

Chartered Accountants

169a Upper Newtownards Road

Belfast

BT4 3HZ

BANKERS:

Ulster Bank Limited

20 Ann Street

Ballycastle

Antrim

BT54 6AD

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

270,239

266,061

270,239

266,061

CURRENT ASSETS

Stocks

23,694

150,096

Debtors

7

177,294

82,840

Cash at bank

485,299

359,735

686,287

592,671

CREDITORS

Amounts falling due within one year

8

114,391

147,803

NET CURRENT ASSETS

571,896

444,868

TOTAL ASSETS LESS CURRENT LIABILITIES

842,135

710,929

CREDITORS

Amounts falling due after more than one year

9

(243,589

)

(243,589

)

PROVISIONS FOR LIABILITIES

(67,553

)

(66,507

)

NET ASSETS

530,993

400,833

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

530,793

400,633

SHAREHOLDERS' FUNDS

530,993

400,833

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 23 October 2026 and were signed on its behalf by:

Mr K Henry - Director

1.	STATUTORY INFORMATION

K Henry Construction 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.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Significant judgements

The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

- To determine whether there are indicators of impairment of the company's tangible and intangible fixed

assets. Factors taken into consideration in reaching such a decision include the economic viability and

expected future financial performance of the asset.

Key sources of estimation uncertainty

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year as as follows:

- Tangible fixed assets are depreciated over their useful live taking into account residual values where

appropriate. The actual lives of the assets and residual values are assessed annually and may vary

depending on a number of factors. In re-assessing asset lives, factors such as technological innovation,

product life cycles and maintenance programmes are taken into account. Residual value assessments

consider issues such as future market conditions, the remaining life of the asset and projected disposal

values.

- Stocks are stated at the lower of cost and net realisable value. At each reporting date, stocks are

assessed for impairment and this may vary depending on a number of factors.

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 2008, is being amortised evenly over its estimated useful life of ten 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

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value

of each asset over its estimated useful life.

Plant and machinery - 20% on reducing balance

Fixtures and fittings - 15% on reducing balance

Computer equipment - 20% on reducing balance

Stocks

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

Cost includes all direct expenditure and an apportionment of fixed and variable overheads.

Net realisable value consists of estimated selling price less costs to complete and sell.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Dividends

Dividends are included in the financial statements in the period in which they are actually paid.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

200,000

AMORTISATION

At 1 February 2025

and 31 January 2026

200,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

532,084

Additions

71,460

At 31 January 2026

603,544

DEPRECIATION

At 1 February 2025

266,023

Charge for year

67,282

At 31 January 2026

333,305

NET BOOK VALUE

At 31 January 2026

270,239

At 31 January 2025

266,061

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

123,069

22,623

Other debtors

54,225

60,217

177,294

82,840

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

58,553

111,837

Taxation and social security

51,167

31,286

Other creditors

4,671

4,680

114,391

147,803

Securities held by Ulster Bank Limited can be viewed at Companies House.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

243,589

243,589

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.