Company registration number:
NI009213
Mainline Holdings (NI) Limited
Unaudited filleted abridged financial statements
28 February 2026
Mainline Holdings (NI) Limited
Contents
Directors and other information
Accountant's report
Abridged statement of financial position
Notes to the financial statements
Mainline Holdings (NI) Limited
Directors and other information
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Directors |
Mr T J Spence |
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Mrs L Spence |
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Secretary |
Mr T J Spence |
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Company number |
NI009213 |
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Registered office |
89 Bush Road |
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Dungannon |
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Co Tyrone |
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BT71 6EZ |
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Accountant |
GDP Accountants Ltd |
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122A Moore Street |
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Aughnacloy |
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BT69 6AA |
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Mainline Holdings (NI) Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Mainline Holdings (NI) Limited
Year ended 28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Mainline Holdings (NI) Limited for the year ended 28 February 2026 which comprise the abridged statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.
As a practising member of the Association of Chartered Certified Accountants , I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Mainline Holdings (NI) Limited, as a body, in accordance with the terms of my engagement letter dated 28 October 2026. My work has been undertaken solely to prepare for your approval the financial statements of Mainline Holdings (NI) Limited and state those matters that we have agreed to state to the board of directors of Mainline Holdings (NI) Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Mainline Holdings (NI) Limited and its board of directors as a body for my work or for this report.
It is your duty to ensure that Mainline Holdings (NI) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Mainline Holdings (NI) Limited. You consider that Mainline Holdings (NI) Limited is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Mainline Holdings (NI) Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
GDP Accountants Ltd
Chartered Certified Accountants
122A Moore Street
Aughnacloy
BT69 6AA
28 October 2026
Mainline Holdings (NI) Limited
Abridged statement of financial position
28 February 2026
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2026 |
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2025 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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4 |
3,786 |
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5,048 |
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________ |
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________ |
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3,786 |
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5,048 |
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Current assets |
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Stocks |
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486,535 |
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459,535 |
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Debtors |
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1,768,706 |
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1,769,484 |
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Cash at bank and in hand |
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150,600 |
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171,242 |
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________ |
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________ |
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2,405,841 |
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2,400,261 |
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Creditors: amounts falling due |
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within one year |
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(
1,031,357) |
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(
1,027,435) |
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________ |
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________ |
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Net current assets |
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1,374,484 |
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1,372,826 |
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________ |
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Total assets less current liabilities |
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1,378,270 |
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1,377,874 |
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________ |
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Net assets |
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1,378,270 |
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1,377,874 |
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________ |
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________ |
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Capital and reserves |
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Called up share capital |
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2,000 |
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2,000 |
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Share premium account |
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16,857 |
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16,857 |
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Profit and loss account |
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1,359,413 |
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1,359,017 |
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________ |
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Shareholders funds |
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1,378,270 |
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1,377,874 |
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________ |
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________ |
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For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the
board of directors
and authorised for issue on
28 October 2026
, and are signed on behalf of the board by:
Mr T J Spence
Director
Company registration number:
NI009213
Mainline Holdings (NI) Limited
Notes to the financial statements
Year ended 28 February 2026
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 89 Bush Road, Dungannon, Co Tyrone, BT71 6EZ.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Motor vehicles |
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25 % |
reducing balance |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4.
Tangible assets
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£ |
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Cost |
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At 1 March 2025 and 28 February 2026 |
16,650 |
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________ |
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Depreciation |
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At 1 March 2025 |
11,602 |
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Charge for the year |
1,262 |
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________ |
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At 28 February 2026 |
12,864 |
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________ |
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Carrying amount |
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At 28 February 2026 |
3,786 |
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________ |
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At 28 February 2025 |
5,048 |
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________ |
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