Mournebuilt Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: NI635775

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,913		5,870

			3,913		5,870
CURRENT ASSETS
Stocks	5	244,840		241,776
Cash at bank and in hand		397		926

		245,237		242,702
Creditors: Amounts Falling Due Within One Year	6	(34,165 )		(26,478 )

NET CURRENT ASSETS (LIABILITIES)			211,072		216,224

TOTAL ASSETS LESS CURRENT LIABILITIES			214,985		222,094

NET ASSETS			214,985		222,094

CAPITAL AND RESERVES
Called up share capital	7		80,000		80,000
Profit and Loss Account			134,985		142,094

SHAREHOLDERS' FUNDS			214,985		222,094

Page 1

Page 2

Mournebuilt Ltd

Balance Sheet (continued)

As At 31 January 2026

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Glyn John Mitchell

Director

24th June 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Mournebuilt Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI635775 . The registered office is 199 KILLOWEN ROAD, ROSTREVOR, BT34 3AH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% Reducing Balance

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 February 2025	32,987

As at 31 January 2026	32,987

Depreciation
As at 1 February 2025	27,117
Provided during the period	1,957

As at 31 January 2026	29,074

Net Book Value
As at 31 January 2026	3,913

As at 1 February 2025	5,870

5. Stocks

	2026	2025
	£	£
Stock	244,840	241,776

Page 3

Page 4

Mournebuilt Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Bank loans and overdrafts	1,865	16,542
Amounts owed to participating interests	31,000	7,436
Other creditors	1,300	2,500

	34,165	26,478

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	80,000	80,000