Registration number: NI010424

Samuel Moore McKee Limited

(Registration number: NI010424)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	359,324	331,719
Current assets
Stocks	5	369,801	335,267
Debtors	6	378,669	418,228
Cash at bank and in hand		531,356	630,694
		1,279,826	1,384,189
Creditors: Amounts falling due within one year	7	(483,090)	(577,357)
Net current assets		796,736	806,832
Total assets less current liabilities		1,156,060	1,138,551
Creditors: Amounts falling due after more than one year	7	(16,226)	(4,991)
Provisions for liabilities		(5,022)	(3,547)
Net assets		1,134,812	1,130,013
Capital and reserves
Called up share capital	8	5,000	5,000
Revaluation reserve		184,997	184,997
Retained earnings		944,815	940,016
Shareholders' funds		1,134,812	1,130,013

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.

Samuel Moore McKee Limited

(Registration number: NI010424)
Balance Sheet as at 31 January 2026

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 29 October 2026 and signed on its behalf by:
 

......................................... Mr David Clark McKee Director

Samuel Moore McKee 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: 7 Maryland Industrial Estate, Ballygowan Road, Moneyrea, Newtownards, Co. Down, BT23 6BL.

These financial statements were authorised for issue by the Board on 29 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.

Revenue recognition

turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred 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.

Samuel Moore McKee Limited

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

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.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Samuel Moore McKee Limited

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

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Samuel Moore McKee Limited

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

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2025 - 7).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 February 2025	285,000	35,397	186,342	506,739
Additions	-	687	57,698	58,385
Disposals	-	-	(43,281)	(43,281)
At 31 January 2026	285,000	36,084	200,759	521,843
Depreciation
At 1 February 2025	-	33,911	141,109	175,020
Charge for the year	-	712	24,291	25,003
Eliminated on disposal	-	-	(37,504)	(37,504)
At 31 January 2026	-	34,623	127,896	162,519
Carrying amount
At 31 January 2026	285,000	1,461	72,863	359,324
At 31 January 2025	285,000	1,486	45,233	331,719

Included within the net book value of land and buildings above is £285,000 (2025 - £285,000) in respect of freehold land and buildings.
 

Samuel Moore McKee Limited

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

5

Stocks

	2026 £	2025 £
Other inventories	369,801	335,267

6

Debtors

Current	2026 £	2025 £
Trade debtors	368,923	400,525
Prepayments	9,746	16,800
Other debtors	-	903
	378,669	418,228

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Loans and borrowings	9	13,667	9,045
Trade creditors		187,625	245,284
Directors current account	10	103,538	107,366
Taxation and social security		56,298	69,072
Other creditors		121,962	146,590
		483,090	577,357

Samuel Moore McKee Limited

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

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	5,000	5,000	5,000	5,000

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	16,226	4,991

Current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	13,667	9,045

10	Related party transactions

	2025  £	2025  £
Directors current account	(103,538)	(107,366)

The above noted amount was owed to the directors at year end. No interest has been charged on this balance.