JAMES MCBRIDE LTD


Director	MCBRIDE, James


Company Secretary	MCBRIDE, James


Registered Address	Unit 1n, Admiral Business Park
	Nelson Park West
	Cramlington
	NE23 1WG


Registered Number	08846384 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		219,950		134,541
			219,950		134,541
Current assets
Stocks	4	200,189		194,634
Debtors		58,404		34,774
Cash at bank and on hand		72,718		61,788
		331,311		291,196
Creditors amounts falling due within one year	5	(153,222)		(136,222)
Net current assets (liabilities)			178,089		154,974
Total assets less current liabilities			398,039		289,515
Creditors amounts falling due after one year	6		(24,289)		(47,982)
Provisions for liabilities	8		(52,268)		(33,635)
Net assets			321,482		207,898
Capital and reserves
Called up share capital			1		1
Profit and loss account			321,481		207,897
Shareholders' funds			321,482		207,898

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 22 October 2026, and are signed on its behalf by:

MCBRIDE, James
Director
Registered Company No. 08846384

JAMES MCBRIDE LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Land and buildings	10
	Plant and machinery	10
	Fixtures and fittings	10
	Vehicles	4
	Office Equipment	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	9		7

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 February 25	-	121,339	56,723	114,252	4,885	297,199
Additions	11,530	48,615	62,558	999	354	124,056
At 31 January 26	11,530	169,954	119,281	115,251	5,239	421,255
Depreciation and impairment
At 01 February 25	-	48,547	23,280	87,124	3,707	162,658
Charge for year	654	16,110	14,681	6,395	807	38,647
At 31 January 26	654	64,657	37,961	93,519	4,514	201,305
Net book value
At 31 January 26	10,876	105,297	81,320	21,732	725	219,950
At 31 January 25	-	72,792	33,443	27,128	1,178	134,541

4.	Stocks

	2026	2025
	£	£
Other stocks	200,189	194,634
Total	200,189	194,634

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	61,842	63,084
Bank borrowings and overdrafts	14,966	18,551
Taxation and social security	46,313	33,922
Finance lease and HP contracts	20,399	5,724
Other creditors	4,944	10,941
Accrued liabilities and deferred income	4,758	4,000
Total	153,222	136,222


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	15,883	33,852
Other creditors	8,406	14,130
Total	24,289	47,982

7.	Obligations under finance leases

		2026		2025
		£		£
	Finance lease and HP contracts	28,805		19,854


	Obligations under finance leases are secured on the assets to which they relate.

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	52,268	33,635
Total	52,268	33,635

9.	Change in reporting period and impact on comparability
	Certain comparative amounts have been reclassified to conform with the current year presentation. An amount of 22,049 pounds, previously included within other debtors, has been reclassified to stocks. This reclassification has no impact on profit or net assets previously reported