Registration number: NI622179

EFB MANAGEMENT COMPANY LIMITED

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

EFB MANAGEMENT COMPANY LIMITED

Company Information

Director

Mrs Johanne Rooney

Registered office

89 Chancellors Road Cloughoge Newry Co Down BT35 8NG

EFB MANAGEMENT COMPANY LIMITED

(Registration number: NI622179)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	36,066	43,416
Current assets
Stocks	6	14,972	14,256
Debtors	12	346,599	(8,982)
Cash at bank and in hand		10,478	99,971
		372,049	105,245
Creditors: Amounts falling due within one year	8	(306,764)	(60,697)
Net current assets		65,285	44,548
Total assets less current liabilities		101,351	87,964
Creditors: Amounts falling due after more than one year	8	-	(4,249)
Provisions for liabilities		(9,017)	(8,249)
Net assets		92,334	75,466
Capital and reserves
Called up share capital		2	2
Retained earnings		92,332	75,464
Shareholders' funds		92,334	75,466

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.

Director's 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 director acknowledges her 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 October 2026
 

......................................... Mrs Johanne Rooney Director

EFB MANAGEMENT COMPANY 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:
89 Chancellors Road
Cloughoge
Newry
Co Down
BT35 8NG

These financial statements were authorised for issue by the director on 30 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.

Going concern

The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

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 turnover 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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

EFB MANAGEMENT COMPANY LIMITED

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

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.

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:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Fixtures & fittings	15% Reducing balance basis
Office equipment	15% Reducing balance basis
Motor vehicles	25% Reducing balance basis

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

EFB MANAGEMENT COMPANY LIMITED

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

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 stocks 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

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.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2025 - 0).

4

Taxation

Tax charged/(credited) in the profit and loss account

EFB MANAGEMENT COMPANY LIMITED

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

	2026 £	2025 £
Current taxation
UK corporation tax	11,338	456
Deferred taxation
Arising from origination and reversal of timing differences	767	(1,802)
Tax expense/(receipt) in the income statement	12,105	(1,346)

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2025	32,205	49,647	81,852
Additions	2,614	-	2,614
At 31 January 2026	34,819	49,647	84,466
Depreciation
At 1 February 2025	16,715	21,721	38,436
Charge for the year	2,982	6,982	9,964
At 31 January 2026	19,697	28,703	48,400
Carrying amount
At 31 January 2026	15,122	20,944	36,066
At 31 January 2025	15,490	27,926	43,416

6

Stocks

	2026 £	2025 £
Other inventories	14,972	14,256

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary Share of £1 each	2	2	2	2

EFB MANAGEMENT COMPANY LIMITED

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

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	10	3,505	9,635
Trade creditors		4,974	9,619
Taxation and social security		13,319	3,084
Accruals and deferred income		13,000	2,200
Other creditors		271,966	36,159
		306,764	60,697

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	10	-	4,249

9	Provisions for liabilities

	Deferred tax £	Total £
At 1 February 2025	8,249	8,249
Increase (decrease) in existing provisions	768	768
At 31 January 2026	9,017	9,017

10	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	-	4,249

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	3,505	9,635

11

Dividends

Interim dividends paid

EFB MANAGEMENT COMPANY LIMITED

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

		2026 £		2025 £
Interim dividend of £Nil per each Ordinary Share		-		-

12

Debtors

Current	2026 £	2025 £
Other debtors	346,599	(8,982)
	346,599	(8,982)

13	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary Share of £1 each	2	2	2	2