Company reglstratlon number: N1614766 Rathlane Trading as Rathlane Unaudited financial statements 31 October 2025
Rathlan8 Contents Page Directors and other information Directors r8port Accountants report Income statement Statement of financial position Notes to the financial statements
Rathlang Directors and other information Directo Lorraine Glenfield Company number N1614766 Registered office 1 Ballyvannon Road Ballindery Upper Lisbum BT28 2LB Buslness address 1 Ballyvannon Road allinderry Upper Lisburn BT28 2LB Accountants CFT Associates 4 Ballyvannon Road Ballindery Upper Lisbum Co Antrim BT28 2LB Page 1
DlrectOTS report Year ended 31 October 2025 The dit0[S prpsent their report and the unaudited financial statements of the company for the year ended 31 ¢)cknber 2025. Directoys The direclors served the company during the year 35 follows: Sian Bassett Clarke Campbell Blane Earfy Lorraine Glenfield Small company provi$aons This report has been prepared in accordance wth the pro$10n3 applicable to companies entitled to the small companies, exemption. This report was approved by th& board of directors on 20 June 2026 and signed on behalf of the board by.. Loryaine Glenfield Director Page 2 Rathlane
Rathlane Report to the board of directors on the preparation of the unaudited statutory flnancial statements ot Rathlane Year ended 31 O¢tober 2025 As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 October 2025 which comprise the income statement, statement of financial position and related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance wtth your instructions, we have compiled these unaudited financial slalemenls in order to assist you to fulfil your statutory responsibilities, from the accounting records and from Information and explanations supplied to us. CFfAssociates 4 Ballyvannon Road Ballinderry Upper Lisburn Antrim BT28 2LB 23 July 2026 Page 3
Rathlane Income statement Year ended 31 Odober 2025 2025 2024 Note Tumovor 51.254 50.209 Cost of sales 112,718) (22,8201 Gross profit 38,536 27,389 AdministratNe expenses 133,6081 {28,7261 Operating profil 14.928) 11,337) ProfiU(Loss} before taxation 14.928} 11.337) Tax on profft {4,928) (1,337) ProfiV(Loss) for the financial year AJI the activities of the company are from continuing operations. The notes on pages 7 to 8 forrn part of these financial statements. Page 4
Rathlane Statement of financial position 31 October 2025 2025 2024 Note Current assets Debtors 1.045 2.079 Cash at bank and in hand 7.738 526 8,783 2.605 Creditors: amounts falling due within one year (2,7501 {1,500) 6.033 Net current assets 1.105 Total assets less Currenl liabilities 6,033 1,105 6,033 1,105 Net assets Capital and reserves Profit and Ioss account 6,033 1,105 Shareholders, funds 6,033 1.105 For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors. responsibilities.. The members have not required the company lo obtain an audit of its financial statements for the year in question in accordance with section 476-, 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 prepawd in accordan¢e 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,. The not&s on pages 7 to 8 form part of these financlal statemènts. Page 5
Rathlane statement of financial posrtion (continued) 31 October 2025 These financial statements were approved by the board of directots and authorised for issue on 23 July 2026, and are signed on behalf of the board by= Lorraine Glenfield Director Company registration number.. N1614766 The notes on pages 7 to 8 form part of these financial statements. Page 6
Rathlano Notes to the financial statements Year gnded 31 October 2025 General inforniatlon The company Ss a prwate company limited by guarantee, registered in Northem Ireland. The address of the registered office is 1 Ballyvannon Road, Ballinderry Upper, Lisbum. BT28 2LB. Staternent of compliance These financial statements have been prepared in compliance WTth the provisions of FRS 102, Section 1& The Financial Reporting Standard applicable in thè UK and Republic of Irelancl,. Accounting policigs Basls of preparatlon The financial ststements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterting, which is the functional currency of the entity- Turnover Turnover is measured at the fair value of the consideration receNed or receivable forgoods supplied and seNices rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer {usually on despatch of the goods}- the amount of revenue can be measured reliably,. it is probable that the associated economic benefits will tlow lo the entity,- and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Taxatlon The taxation expense represents the aggregate amount of current and defeed tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, eXpt to the extent that il relates to items recognised in other comprehensive income or directly in capital and reserves. In this case. tax is recognised in other comprehensive income or diredy in capftal and reserves, spectIve1y. cllent tsx is recognised on taxable profit for the cuent and past periods. Current tax is measured at the amounts of tsx expected to pay or recover using the lax rates and laws that have been enacted or substantivety enacted at the reporting date. Deferred tsx is recognEsed in respect of all timing drfferences at the reporting dale. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it Is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profrts. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporbng date that are expected to apply to the reversal of the liming difference. Pagg 7
Rathlane Notes to the financial statements (continued) Year ended 31 October2025 Financial instruments A financial asset or a financial liability is recognised only when the company becomes a paty to the contractual provisions of the instrument. Basic financial instruments are initially recognised al the transaction price, unless the arrangement constitutes a financing transaction. where tt is recognised at the psent value of the flrture payments dlscounted at a market rale of interest for a similar debt instrument. Debt instnjmenls are subsequently measured at amortised St. Where Investments in non-convertible preferen shares and non-puttable Ordinary shares or preference shares are publicly traded or their fair value can otherwse be measured reliably, the investment is SUbsequenY measured 81 fair value with changes in fair value recognised in proffl or toss. Al other such investments are sUbseqUenY measured at cost less impaimienl. Other financial instnjments, inctuding derivatives, a initially recognised al fair value, unless payment for an asset is deferred beyond normal business terms orfinanced at a rate of intèrest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted 81 a market rale of interest for a similar debt instrument. other financial instrurnents are subsequently measured at fair value, wth any changes rècognised in profrt or loss. wtth the exception of hedging instrnments in a designated hedging relationship. Financial assets that are measured at cost or amortlsed cost are reviewed for obje¢live ewdenee of impairment al the end of each reporting date. If there is objective evidence of impairment, an imp2imient loss is recognised in profit or loss immediately. For all equtty instruments regardless of significance. and other financial assets that are individualty significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characlerislics. Any reversals of impairnient are recognised in profit or loss immediately. to the extent that th8 reversal does not result in a carrying amount of the financial asset that eXedS whal th8 carying amount would have been had the impaimient not previously been recognised. Debtors 2025 2024 Other debtors Credltors: amounts falllng due within one year 2025 2024 Other cred¢tors Page 8
Rathlane The following pages do not fonn part of the statutory accounts.
Rathlane Detailed incorne statement Yoarended 31 October 2025 2025 2024 Tumover Sales Rent recelvable Granls. receivable 14,051 6,753 22,438 17.708 51,254 50,209 Cost of sales Purchases Direct costs 14.T781 17,504) Gross profit 38,536 27.389 75.2¥0 54.60 Gro$$ profit percentage Overheads Administrative expenses Training expenditure Rent payable FL7tes Insurance Light and heat Repairs and maintenance Printing, postsge, and stationery Motor expenses Consultancy fees Professional & Accountancy fees Bank charges General expenses (o) {4,000) {1,9731 18,093) {12,5421 13581 (561 15751 14,3201 11,5001 199} 92 (o) 14,000) 1572) 17,5331 19,0791 19391 11021 19571 (3,8401 (1.5001 1152} 52 28 7261 Operating profit Operatlng profit percentage I9.610) 12.66Vol Profit before ts10n