cb hardware annual report 2016 · 54 builders merchant/hardware/diy/ homewares/garden 59 buying...
TRANSCRIPT
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2015 ANNUAL REPORT
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3 Contents
4 2015 President’s Report
6 Treasurer’s Report
7 The Executive Committee Members
7 The National Council Members
8 CEO Report
10 2015 in Numbers
11 Representation
11 Education
12 Market Intelligence
12 Networking
13 HAI Annual Report and Financial Statements
2 Directors’ and Other Information
3 Directors’ Report
5 Statement of Directors’
Responsibilities
6 Independent Auditor’s Report to the
Members
7 Income and Expenditure Account
8 Balance Sheet
10 Cash Flow Statement
11-20 Notes to the Financial Statements including Statement of Accounting Policies
21-22 Management Information
35 The Hardware Journal Limited Annual Report And Financial Statements
2-3 Directors’ Report
4 Directors’ Responsibilities Statement
5 Independent Auditor’s Report
6 Profi t and Loss Account
7 Balance Sheet
8 Statement of Changes in Equity
9 Statement of Cash Flows
10-15 Notes to the Financial Statements
16 Management Information:
Detailed trading, Profi t and Loss Account
Schedule of Distribution and
Administrative Expenses
51 Members’ Directory:
52 Hardware/DIY/Homewares/Garden
54 Builders Merchant/Hardware/DIY/
Homewares/Garden
59 Buying Groups & Buying Associations
59 Agri-suppliers
59 Distributor/suppliers
63 Manufacturers
64 Paint Specialist
64 Support Services
CONTENTS
IFP Media, 31 Deansgrange Road,Blackrock, Co Dublin, Ireland.Tel: 01 289 3305 Fax: 01 289 6406.E-mail: [email protected]
Hardware Association Ireland
Lioscarran House, 32 Dale Road, Kilmacud, Stillorgan, Co. Dublin
T (01) 298 0969 F (01) 298 6103
E [email protected] W www.hardwareassociation.ieCopyright IFP Media 2015. No part of this publication may be reproduced in any material form without the express written permission of the publishers. @hardwareassoc
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HARDWARE ASSOCIATION IRELAND
2015 PRESIDENT’S REPORT
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Coinciding with the start of my two-year term as HAI President, the beginning of 2015 marked the election of a new Executive Committee. Above all else, the primary objective we set ourselves was to stem the decline in Association membership and attract new members - by making the Association more relevant, accessible and effective, especially to merchants, large and small.
To guide the Association’s efforts in achieving this overriding objective, the Executive Committee adopted a three-year Strategic Plan in early 2015 “to advance the mutual interests of, and deliver relevant benefi ts to, hardware and builders
merchants through effective representation,
education, market intelligence and
networking opportunities”. Thanks in large part to the hard work of HAI CEO, Annemarie Harte and her team in executing the
Strategic Plan, I am delighted to
report that overall membership increased
by 13% in 2015, the fi rst such increase since the economic downturn.
Indeed, all initiatives implemented or initiated during 2015 were consistent with the four strategic pillars outlined in the Strategic Plan. The 2015 Hardware Show, held in February in Citywest, for example, was by general consensus one of the largest, best attended and most professional Shows ever organised by and for our sector, attracting over 150 exhibitors and almost 2,000 visitors. Of greater importance as I pen this note is the outlook for the 2017 Show being held in March 2017 - based on the work being done by HAI Vice-President, Kieran Burke and his organising committee, I am absolutely certain that the bar will be raised even higher.
HAI’s Budget 2016 Submission in October 2015 was successful in securing a 12-month extension to the Home
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2015 ANNUAL REPORT
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Renovation Incentive scheme until December 2016. Our call for this extension followed my address on behalf of HAI members directly to An Taoiseach, Enda Kenny TD, at the Octabuild Awards ceremony in May 2015, followed by my meeting alongside HAI CEO, Annemarie Harte, with Minister Noonan in September 2015. Over 56,000 works have been registered with the scheme across more than 39,000 individual properties nationwide since the scheme began in October 2013, with the total value of works to-date estimated at over €887 million. While it is impossible to quantify how much of this was spent directly with HAI members, there is no doubt that the scheme has encouraged increased RMI activity across all counties where HAI members are located. It is also pleasing that a creative social media campaign (“ReNOvation”), implemented by HAI as part of its overall lobbying effort and noted by policymakers, won Bronze at the 2016 APMC Promotional Marketing Awards.
2015 also saw the establishment of the HAI Monthly Business Index. With over 150 branch locations now participating in this anonymous Index, it provides for the very fi rst time useful benchmark information across our sector. Indeed, acknowledging that our sector lags behind others in the availability of useful, credible data, HAI is committed to producing research to help its members make more informed business decisions.
Identifying training as a much-needed service offering, various training courses were introduced during 2015 alongside an online e-learning platform. Having seen the level of demand for courses on credit control, fi nancial management and social media for business, to name but a few, additional resources are being allocated to broaden the Association’s education offering.
And finally, one measure of particular importance to the Association provides optimism for the future – 84% of HAI members who responded to a 2015 survey indicated that they would recommend the Association to others, up from just 15% a couple of years ago. This improvement wasn’t achieved by accident. Approaching 2016 and my second year as President, during which we have plans to broaden the range of service benefits available to members, I would like to sincerely thank the members of the Executive Committee, as well as Annemarie Harte and her team, for their hard work and support during 2015. However, I would like to pay special thanks to the many merchants and suppliers who make up Hardware Association Ireland – it is your Association and I hope you will continue to support and actively participate in its development.
Hugh O’Donnell
President 2015
Number of Employees
Source: B&A 2015. Data collection from 149 HAI Member branches
Monthly Business Index: % change in revenue from 2014 to 2015
149 Total Branches included in Index
Business Location
Jan
8%
Feb
16%
2015
2014March
14%
April
18%
May
21%
June
21%
July August Sept Oct Nov Dec
43% 57%Rural Urban
Branches Profiled
10-15 >15< 10
35%
23%
42%
+-
Dublin
12%
30%
Munster
40%
Connacht / Ulster
Monthly Business Index: YTD 2015 vs YTD 2014
Dublin
28%
9%
Munster
Urban Rural4%
20%
Multiple Single
9%
17%
10-15<10 >15
17% 15%
8%
18%
Rest of Leinster
14%
Rest of Leinster
+16%
13%
Connacht / Ulster
28%
7%15%
149150
20%
16%17%
19%14%15%14%15%14%18%
6%10%
4%
10%9%
16%
7%
+13%
4%9%
<10 >1510-15<10 >1510-15Multiple SingleUrban Rural
8%4%8%8%
15%14%
-2%
Employees
17%19%
-6%
Branches
-5%
Location
Source: B&A 2016. Data Collection from 150 HAI Members
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HARDWARE ASSOCIATION IRELAND
TREASURER’S REPORT
While 2015 has been a successful year for HAI there are still many fi nancial challenges ahead for our organisation.
The focus of the Executive, over recent years, on income generation through increased membership levels and other commercial activities has continued during 2015. While these increases have a positive impact on our fi nances, the broadening of our membership base throughout our sector is still the most important driver for HAI.
In changing our fi nancial year to January – December, our accounts refl ect thirteen months to the end of December 2015 versus twelve months for the previous trading period.
Our bi-annual Trade Show, held in February 2015, was our most successful ever. This success can be measured in both fi nancial and strategic terms and the efforts of both our trade show committee and our head offi ce team are to be commended. Planning for the 2017 event is at an advanced stage; however the overall success of the event is dependent on support from the broad membership base through both participation by manufacturers and suppliers and attendance by all sectors of our ever-diversifying industry. I encourage you to book your space early to take advantage of the opportunities that this superb event brings, while at the same time, adding your support to HAI.
To further increase the scope of activities for our members
in particular and the sector in general, it was
decided to promote an inaugural Conference in early 2016. The
fi nancial planning for this important event was structured during 2015 to set the groundwork for our HAI National Conference in Kilkenny.
Recent trends of declining membership numbers have now been reversed thanks to the endeavour of our head offi ce team. This has been achieved not only through recruitment but also the increase in levels of activities and support for members, which provides both fi nancial and tangible gain for HAI.
Training activities, once a major part of HAI activity, have played a far more important role within our structure in 2015. Again the benefi ts are tangible as well as fi nancial and the plans initiated in 2015 are budgeted to show fi nancial benefi t for HAI in 2016 and subsequent years.
HAI continued to invest in our brand during 2015, through PR, marketing and social media activities. Where possible we manage these activities internally but we also need the support of external agencies to reach our goals. This investment, along with the HAI Business Index which is now building a solid database of real-time market information, are seen by the Executive as necessary to develop and nurture HAI to represent your businesses in a progressive and dynamic way.
As always, all of our work would not be possible without the support of my colleagues in HAI Head Offi ce, Annemarie, Jim and Amanda and the 2015 Executive Committee for their support during the year. Finally I would like to thank all of our 2015 members for their backing for HAI, as your support continues to enable us to uniquely represent all levels of the supply chain within our industry
To further increase the scope of activities for our members
in particular and the sector in general, it was
decided to promote an decided to promote an inaugural Conference in early 2016. The
Alex Taylor,
Treasurer 2015
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2015 ANNUAL REPORT
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THE NATIONAL COUNCIL MEMBERS
The National Council is elected by the members of the Association according to the following regions of the country: North East, Dublin, South East, South and West.North East members: Daly Brothers N/E Ltd, Rawlplug Ireland Ltd , Lodge’s Arro, Wogan Distributors Ltd.Dublin members: B & G Ltd, Canadia Distributors Ltd, Brooks Timber & Building Supplies, Dulux Paints Ireland Ltd, Grafton Merchanting ROI, Home Project Centre Ltd, Uppercross Enterprises Ltd.South East members: Amalgamated Hardware plc, Burke Hardware & DIY, Bolgers Homevalue, Dermot Kehoe Supply & DIY, Topline Phelans, Tegral Building Products, Topline Bolands.South members: Ames True Temper, Topline Burtons, Cahill Home Value, Topline Currans, Dairygold Co-Op, Morris Builders Providers.West members: Albany Home Décor, Allied Merchants Buying Association, Topline Archers, Topline Rogers, John Murphy (Castlerea) Ltd.
THE EXECUTIVE COMMITTEE MEMBERS
Hugh O’Donnell, President(Chief Executive, Amalgamated Hardware plc)
Paddy Kelly, Immediate Past President (Managing Director, Tegral Building Products)
Alex Taylor, Treasurer (Sales Director, Uppercross Enterprises Ltd.)
Kieran Burke, Vice-President (Group Procurement Director, Grafton Group plc)
Charlie Hamilton (Managing Director, Canadia Distributors Ltd.)
Sean Moran (Managing Director, HPC Group)
Annemarie Harte(Chief Executive Offi cer,Hardware Association Ireland)
Seamus O’Donoghue (Managing Director, Dulux Paints Ireland Ltd.)
Keith Giblin (Chief Executive, Allied Merchants Buying Association)
Paddy Kingham, (Managing Director, Daly Brothers N/E Ltd.)
Kevin Myers (Purchasing Offi cer, Dairygold Agribusiness)
Darren Fogarty (Managing Director, Topline Bolands)
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HARDWARE ASSOCIATION IRELAND
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CEO REPORT
2015 marked my fi rst full fi nancial year as the CEO of HAI. Whilst it has been a slow but rewarding process to learn more and more about the sector as I meet people involved at various levels, I maintain that the recipe of running an effective Association is the same irrespective of what area it operates in. I am not too concerned about competing with other business-oriented associations and groups to attract new members or to keep existing members’ loyalty, our job is fundamentally to offer products and services that are appropriate and relevant to the hardware and building materials sector and not take a broad brush approach. If we can get this right I hope members will continue to support us throughout the good times and the bad. Combined with this we need to act in the best interests of all members despite being in the unique position of having customers, their suppliers and competitors as members in the same space. This makes the job, at times, tricky but regardless, our unique proposition to each of these groups must be clearly defi ned.
Retailers & Merchants:
● Keep up to date with the latest news and developments in the industry through www.hardwareassociation.ie; our bi-monthly magazine The Hardware Journal; our new quarterly printed Bulletin and monthly member emails and direct mails. Also, connect with us through our various social media channels on Linkedin, Twitter and Facebook.
● Participate in our monthly Business Index of net sales and receive detailed results exclusive to participants only.
● Skills development, courses and tutorials on relevant industry topics by classroom and online learning through The Hardware Education Hub.
● Access to an online library of latest reports and trends in the industry through The Hardware Education Hub.
● Access to business support services such as human resources and legal advice; and sector-specifi c member offers and discounts.
● Networking opportunities to engage with your peers at events throughout the year including seminars, The Hardware Conference and The Hardware Show.
Suppliers:
● Keep up to date with the latest news and developments in the industry through www.hardwareassociation.ie; our bi-monthly magazine The Hardware Journal; our new quarterly printed Bulletin and monthly member emails and direct mails. Also, connect with us through our various social media channels on Linkedin, Twitter and Facebook.
● Gain access to exclusive research on HAI members and the Irish marketplace both generated by HAI in-house and using research partners.
● Connect with industry leaders, peers and customers at events throughout the year including seminars, The Hardware Conference and The Hardware Show.
● Discounts on exhibition stands at the biennial Hardware Show and advertising in the bi-monthly magazine, The Hardware Journal.
● Use a variety of advertising and sponsorship tools to reach your customers cost effectively through HAI opportunities.
● Networking opportunities to engage with your peers at events throughout the year including seminars, The Hardware Conference and The Hardware Show.
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2015 ANNUAL REPORT
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Retailer/Merchant > 10
Retailer/Merchant > 10
Supplier
Manufacturer
Members by Sector
26%19%
3% 2%
30%22%
Foundation work was done in 2015 to pursue key objectives under the four strategic pillars of Representation, Education, Market Intelligence and Networking. Giving the Association focus through the Strategic Plan and placing retailers and merchants at the heart of the organisation allows us to monitor our activities for suitability and more importantly
whether it will add value to our members’ business. This is foremost in our mind as we don’t have the resource to do everything, and in order to deliver a service that will be valuable and assist in our members’ day-to-day business operations we need to maintain and increase our sector-specifi c agenda.
Communications with our members continues to permeate our Strategic Plan as well as increasing our membership numbers in order to be a stronger association both fi nancially so we can add to our services, and to ensure our voice is strong through strength in numbers. We endeavour to maintain the greatest level of member communication and information during the year. Member centricity is our emphasis in order to grow and improve our service delivery mechanisms and to place a focus on tools and resources that enable members to access information quickly and effi ciently.
During 2015 we redesigned the HAI website and improved The Hardware Journal content so that the four pillars of the Strategic Plan were embedded in our two principle marketing and communications tools. Our increased communications and validity of offering started to pay off by the end of June as we started to gain more members than we lost in 2014. Associations tend to have an attrition rate of about 8% but we managed to halt ours at 4.8% which by industry standards is a great success.
Annemarie Harte
Chief Executive Offi cer
Retailer/merchantemployees < 10
Retailer/merchantemployees > 10
Supplier
Manufacturer
26%
320
Membership numbers
310
300
290
280
270
260269
304
312
250
240
2013 2014 2015
Membership numbers
Dublin
Rest of Leinster
Munster
Connacht/Ulster
UK
Nationwide
Members by Location
57%
12%
8%
23%
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HARDWARE ASSOCIATION IRELAND
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2015 IN NUMBERS
MEMBERSHIP EVENTS & TRAINING COMMUNICATIONS
GROWTH
SUPP
LIER
S
ATTRITION RATE RECORD
+13%
4.8%
50%
NEWMEMBERS
48
NEWMEMBERS
48
50%
RETAILERS
MERCHANTS
INDIVIDUALS CLASSROOM
TRAINED
FOLLOWERS
LIKES
FOLLOWERS
306
186
623
WEBSITE2,865 SESSIONS
2,575 USERS3,418 PAGE
IMPRESSIONS
ENROLLED IN THE ONLINE ‘EMPLOYEE
INDUCTION COURSE’
EXHIBITORS153
TRADE SHOW
ALMOST VISITORS2,000
39AGMATTENDEES
34
51
€45,659PUBLIC RELATIONS AVE
€122,750PR VALUE
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2015 ANNUAL REPORT
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REPRESENTATION
EDUCATION
In April 2015, we started to research our policy priorities in order to prepare our Budget Submission for 2016. The Home Renovation Incentive scheme continued to see investment during 2015 especially in the areas of home extensions and general repairs and renovations. The fi rst two months spend in 2015 through the scheme topped over €50 million, bringing total value of works to €348 million by the end of February since the scheme started in October 2013. This fi gure more than doubled by the end of the year with over €700 million spent. The scheme was due to expire by the 31st December 2015 but it became our number one policy priority to get it extended beyond this date and ideally for another two years.
This and eight other sector-specifi c policies formed the backbone of our submission to the Government:
1. Home Renovation Incentive (HRI) scheme extension.2. Introduce voucher scheme for winter fuel allowance.3. Fuel smuggling.4. Promoting Prompt Payment.
5. Bring the Construction Contracts Bill into law.6. Commercial rates reduction/relief for yards/temporary
structures.7. Lower VAT on tools.8. VAT back in rural areas for one off houses of <1200 sq. ft.9. Corporation tax allowance on profi ts less than €50,000.
It can often be challenging in a crowded space of budget submissions, lobbying and advocacy from various organisations, to have your voice heard. We are members of the Retail Consultation Forum, established under the Action Plan for Jobs 2014 and chaired by the Minister for Jobs, Enterprise and Innovation, and attend their meetings and specialist groups including contributing to their annual joint Budget Submission.
During 2015, we also consulted on the Scheme of a proposed Consumer Rights Bill and participated in briefi ngs on the introduction of Rounding and the introduction of it on 28th October 2015.
As the sector emerges from the downturn, it’s more important than ever to ensure training needs analysis are undertaken to plan for the future of your business and ensure your company has the right skill sets for now and into the future. In May 2015, retailer/merchant members told us that 58% of them intended to recruit and 85% of suppliers intended to do the same and in response we launched our fi rst online training programme – New Employee Induction Course. There are six basic modules to complete with tests in between and reports can be provided to the employee’s manager from HAI to gauge success and completion levels.
HAI training programmes are aimed at providing member companies with options to develop their staff at a suitable time and cost effectively. All HAI training courses are priced competitively to ensure maximum value for money. Although courses were based in Dublin during 2015 we are set to expand to regional centres during 2016.
Courses now include Credit Management (notably the most popular course) Finance, Sales, Customer Service, Social Media Marketing and Solid Fuel Awareness through Metac Training’s state of the art training centre in Mountrath, Co. Laois.
Pesticides training was particularly prominent in 2015,
as from 26th November, any premises selling PPPs must have ‘on-site’ at all times a person qualifi ed in Pesticide Distribution (FETAC Level 5 course for professional use products or an online course for amateur products), and be registered with the DAFM. This person must be available to provide information to customers as regards pesticide use and health and environmental risk and safety. Training is provided through the MBE Skillnet.
HAI started to work with the DCU Centre for Family Business to inform and educate members on succession planning. Articles and lectures on the subject have proved popular and we’ll continue to build this relationship as hardware and builders merchants pass their business from one generation to the next.
We also started working with Management Work’s Business Growth programme which has been specifi cally devised for SMEs and in particular Owner Managers, Managing Directors and Senior management team members. The programme’s aim is to increase skills in fi nancial planning, time management, sales, marketing, teamwork, customer service and leadership to match the participant’s management capability with technical expertise. The course is held in various locations throughout the country.
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HARDWARE ASSOCIATION IRELAND
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The priority activity for 2015 was the launch of our monthly Business Index of net retail sales and engaging members to participate. We initially asked participating members for the information monthly and published it monthly, however as the months went on this proved very challenging from an administration and production perspective. The data, which is collected in confidence through our partner research agency Behaviours & Attitudes (B&A), is never seen by HAI and for participating members, a summarised anonymised report is produced and for non-participating members, an infographic is published alongside a summary report.
For the third year running HAI conducted a member confi dence survey with responses collected and organised by B&A. 51% of merchants reported a better performance in the past 12 months (2015 vs 2014), almost double the fi gure recorded in 2013 when the monitor was fi rst completed when only 27% reported an improvement. However, there was a decline in business profi tability with 31% of members indicating a change since the same time in 2014 when 37% felt profi tability was up. This didn’t impact on taking on new staff as 26% have taken on new staff since the same time in 2014. 47% of members increased prices, that was an increase of 39% on 2014 and over double
Hardware Association Ireland(A Company Limited by Guarantee and not having a Share Capital)
Annual Report and Financial Statements
For the period ended 31 December 2015
MARKET INTELLIGENCE
Arguably the simplest but hardest activity to get right is Networking. Engaging members in a productive, effective and enjoyable meeting that doesn’t waste time takes a special mix and the trouble is you don’t know how good it’s going to be until it’s done!
For our AGM in June 2015 we focused on one key subject, the Introduction of the Companies Act from 1st June and
it was well attended and worth while with the opportunity to network afterwards.
In the summer the Executive Committee took the decision to hold a Hardware Conference the in the following spring. This would prove to take up a lot of time and energy to plan from September 2015.
NETWORKING
Intention to Hire
No15%
Yes85%
Intention to Hire
Yes58%
No42% No
65%
Yes35%
Intention to Increase Wages
No38%
Yes62%
Intention to Increase Wages
that of the national average, 47% as opposed to 21%, according to B&A’s Business Barometer at the time.
Retailers and Merchants
Suppliers and Manufacturers
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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The Hardware Journal Limited
Annual Report and Financial Statements
for the year ended 31 December 2015
Registration Number 518681
CONTENTS PAGE
Directors’ report 2 - 3
Directors’ responsibilities statement 4
Independent auditor’s report 5
Profit and loss account 6
Balance sheet 7
Statement of changes in equity 8
Statement of cash flows 9
Notes to the financial statements 10 - 15
Management information
Detailed trading, profit and loss account 16
Schedule of distribution and administrative expenses 16
HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Directors and other information
Directors Anne Marie Harte Patrick Kelly Hugh O’Donnell Kieran Burke Charlie Hamilton Alex Taylor Seamus O’Donoghue Kevin Myers Paddy Kingham Sean Moran Darren Fogarty Keith Giblin
Secretary Anne Marie Harte
Company Number 124104
Resistered offi ce Lioscarran House 32 Dale Road Stillorgan Co Dublin
Auditors Lalor O’Shea McQuillan Chartered Accountants and Statutory Audit Firm Unit 2, The Hyde Building The Park Carrickmines Dublin 18
Business Address Lioscarran House 32 Dale Road Stillorgan Co. Dublin
Bankers Bank of Ireland (College Green) 2 College Green Dublin 2
Solicitors Hussey Fraser 17 Northumberland Road Dublin 4
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Directors’ report for the year ended 31 December 2015
The directors present their annual report and fi nancial statements for the period ended 31 December 2015.
Principal activitiesThe principal activities of the company are the promotion and protection of the business of the members of the company in matters affecting the business or business carried on by them. The company will take such action as may be necessary or desirable to promote such interests. The Board of Hardware Association Ireland is looking at the future development of our trade sector and how best Hardware Association Ireland can assist and support members. The principal risks are that subscriptions and other incomes are recovering from the effects of the economic downturn.
Directors and secretaryThe directors who held offi ce during the period and up to the date of signature of the fi nancial statements were as follows:
Anne Marie Harte Patrick Kelly Hugh O’Donnell Kieran Burke Charlie Hamilton Alex TaylorPaul Thompson (Resigned 31 July 2015) Seamus O’DonoghueKevin Myers Paddy KinghamSean Moran Darren Fogarty Keith Giblin
Results and dividendsThe results for the period are set out on page 7.
Supplier payment policyThe directors acknowledge their responsibility for ensuring compliance, in all material respects, with the provisions of the European Communities (Late Payment in Commercial Transactions) Regulations 2012. Procedures have been implemented to identify the dates upon which invoices fall due for payment and to ensure that payments are made by such dates. Such procedures provide reasonable assurance against material non-compliance with the Regulations. The payment policy during the year under review was to comply with the requirements of the Regulations.
Accounting recordsThe company’s directors are aware of their responsibilities, under sections 281 to 285 of the Companies Act 2014 as to whether in their opinion, the accounting records of the company are suffi cient to permit the fi nancial statements to be readily and properly audited and are discharging their responsibility by employing qualifi ed and experienced staff, ensuring that suffi cient company resources are available for the task and liaising with the company’s auditors.
The accounting records are held at the company’s registered offi ce, Lioscarran House, 32 Dale Road, Stillorgan, Co. Dublin.
Post reporting date eventsThere have been no events since the year end.
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Future developmentsThe directors are not expecting to make any signifi cant changes in the nature of the business in the near future.
AuditorsLalor O’Shea McQuillan were appointed as the company’s auditors and in accordance with section 382 (1) of the Companies Act 2014, they continue in offi ce as auditors of the company.
Statement of disclosure to auditorsEach of the directors in offi ce at the date of approval of this annual report confi rms that:
so far as the director is aware, there is no relevant audit information of which the company’s auditors are unaware, andthe director has taken all the steps that he / she ought to have taken as a director in order to make himself / herself aware of any relevant audit information and to establish that the company’s auditors are aware of that information.
This confi rmation is given and should be interpreted in accordance with the provisions of section 330 of the Companies Act 2014.
On behalf of the board
Anne Marie HarteDirector
Alex TaylorDirector
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Directors’ responsibilities statement for the period ended 31 December 2015
The directors are responsible for preparing the Annual Report and the fi nancial statements in accordance with Irish law and regulations.
Irish company law requires the directors to prepare fi nancial statements for each fi nancial year. Under that law, the directors have elected to prepare the fi nancial statements in accordance with Companies Act 2014 and FRS 102 The Financial Re-porting Standard applicable in the UK and Republic of Ireland issued by the Financial Reporting Council and promulgated by Chartered Accountants Ireland. Under company law, the directors must not approve the fi nancial statements unless they are satisfi ed that they give a true and fair view of the assets, liabilities and fi nancial position of the company as at the fi nancial year end date and of the surplus or defi cit of the company for that fi nancial year and otherwise comply with the Companies Act 2014.
In preparing these fi nancial statements, the directors are required to:
• select suitable accounting policies for the company fi nancial statements and then apply them consistently;make judgements and estimates that are reasonable and prudent;
• state whether the fi nancial statements have been prepared in accordance with applicable accounting standards , identify those standards, and note the effect and the reasons for any material departure from those standards; and
• prepare the fi nancial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for ensuring that the company keeps or causes to be kept adequate accounting records which correctly explain and record the transactions of the company, enable at any time the assets, liabilities, fi nancial position and surplus or defi cit of the company to be determined with reasonable accuracy, enable them to ensure that the fi nancial state-ments and Directors’ Report comply with the Companies Act 2014 and enable the fi nancial statements to be audited. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
Anne Marie HarteDirector
Alex TaylorDirector
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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period ended
31 December 30 November
2015 2014
Notes € €
Income 3 153,823 152,549
Administrative expenses (136,164) (160,601)
Establishment costs (230,889) (153,076)
Other operating income 31,496 6,572
Exceptional item 4 - 285,775
Operating (deficit)/surplus 5 (181,734) 131,219
Interest receivable and similar income 8 3,030 3,220
Interest payable and similar charges 9 (3,114) (1,380)
(Deficit)/surplus before taxation (181,818) 133,059
Taxation 10 - (40,548)
(Deficit)/surplus for the financial period (181,818) 92,511
Total comprehensive income for the period (181,818) 92,511
The Income and Expenditure Account has been prepared on the basis that all operations are continuing operations.
Income and expenditure account for the period ended 31 december 2015We have audited the fi nancial statements of Hardware Association Ireland for the period ended 31 December 2015 which comprise the Income and Expenditure Account, the Balance Sheet, the Statement of Changes in Equity, the Statement of Cash Flows and the related notes. The relevant fi nancial reporting framework that has been applied in their preparation is the Companies Act 2014 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland issued by the Financial Reporting Council.This report is made solely to the company’s members, as a body, in accordance with section 391 of the Companies Act 2014. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Respective responsibilities of directors and auditorsAs explained more fully in the Directors’ Responsibilities Statement, the directors are responsible for the preparation of the fi nancial statements and for being satisfi ed that they give a true and fair view and otherwise comply with the Companies Act 2014. Our responsibility is to audit and express an opinion on the fi nancial statements in accordance with Irish law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board’s Ethical Standards for Auditors.
Scope of the audit of the fi nancial statementsAn audit involves obtaining evidence about the amounts and disclosures in the fi nancial statements suffi cient to give reasonable assurance that the fi nancial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the company’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of signifi cant accounting estimates made by the directors; and the overall presentation of the fi nancial statements. In addition, we read all the fi nancial and non-fi nancial information in the Annual Report to identify material inconsistencies with the audited fi nancial statements and to identify any information that is apparently materially incorrect based on, or materially inconsistent with, the knowledge acquired by us in the course of performing the audit. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report.
Opinion on fi nancial statementsIn our opinion the fi nancial statements:
• give a true and fair view of the state of the assets, liabilities and fi nancial position of the company as at 31 December 2015 and of its defi cit for the period then ended; and
• have been properly prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland issued by the Financial Reporting Council and, in particular, the requirements of the Companies Act 2014.
• ● We have obtained all the information and explanations which we consider necessary for the purposes of our audit.
• In our opinion the accounting records of the company were suffi cient to permit the fi nancial statements to be readily and properly audited.The fi nancial statements are in agreement with the accounting records.
• In our opinion the information given in the Directors’ Report is consistent with the fi nancial statements.
Matters on which we are required to report by exceptionWe have nothing to report in respect of our obligation under the Companies Act 2014 to report to you if, in our opinion, the disclosures of director’s remuneration and transactions specifi ed by sections 305 to 312 of the Act are not made.
Mr. John O Sheafor and on behalf of Lalor O’Shea McQuillan Chartered Accountants and Statutory Audit Firm Unit 2, The Hyde Building, Dublin 18
Matters on which we are required to report by the Companies Act 2014
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
7WWW.HARDWAREASSOCIATION.IE
period ended
31 December 30 November
2015 2014
Notes € €
Income 3 153,823 152,549
Administrative expenses (136,164) (160,601)
Establishment costs (230,889) (153,076)
Other operating income 31,496 6,572
Exceptional item 4 - 285,775
Operating (deficit)/surplus 5 (181,734) 131,219
Interest receivable and similar income 8 3,030 3,220
Interest payable and similar charges 9 (3,114) (1,380)
(Deficit)/surplus before taxation (181,818) 133,059
Taxation 10 - (40,548)
(Deficit)/surplus for the financial period (181,818) 92,511
Total comprehensive income for the period (181,818) 92,511
The Income and Expenditure Account has been prepared on the basis that all operations are continuing operations.
Income and expenditure account for the period ended 31 december 2015Income and expenditure account for the period ended 31 December 2015
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DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Statement of changes in equity for the period ended 31 december 2015
Profit and loss reserves
Notes €
Balance at 1 December 2013 178,504
Period ended 30 November 2014:
Surplus and total comprehensive income for the period 92,511
Balance at 30 November 2014 271,015
Period ended 31 December 2015:
Surplus and total comprehensive income for the period (181,818)
Balance at 31 December 2015 89,197
Balance sheet as at 31 December 2015
Anne Marie HarteDirector
Alex TaylorDirector
2015 2014
Notes € € € €
Fixed assets
Tangible assets 11 23,449 28,013
Investments 12 100 100
23,549 28,113
Current assets
Debtors 14 7,753 175,351
Investments 1,143 1,143
Cash at bank and in hand 327,563 357,812
336,459 534,306
Creditors: amounts falling
due within one year 15 (227,169) (240,155)
Net current assets 109,290 294,151
Total assets less current liabilities 132,839 322,264
Creditors: amounts falling
due after more than one year 16 (43,642) (51,249)
Net assets 89,197 271,015
Reserves
Income and expenditure account 89,197 271,015
The fi nancial statements were approved by the board of directors and authorised for issue on 22nd June 2016 and are signed on its behalf by:
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DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Statement of changes in equity for the period ended 31 december 2015
Profit and loss reserves
Notes €
Balance at 1 December 2013 178,504
Period ended 30 November 2014:
Surplus and total comprehensive income for the period 92,511
Balance at 30 November 2014 271,015
Period ended 31 December 2015:
Surplus and total comprehensive income for the period (181,818)
Balance at 31 December 2015 89,197
Statement of changes in equity for the period ended 31 December 2015Balance sheet as at 31 December 2015
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DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Statement of cash flows for the period ended 31 december 2015
2015 2014
Notes € € € €
Cash flows from operating activities
Cash generated from/(absorbed by) operations 22 17,792 (125,794)
Interest paid (3,114) (1,380)
Corporation taxes paid (39,631) (140)
Net cash outflow from operating activities (24,953) (127,314)
Investing activities
Purchase of tangible fixed assets - (28,000)
Proceeds on disposal of tangible fixed assets - 319,821
Proceeds on disposal of subsidiaries - 3
Interest received 3,030 3,220
Net cash generated from investing activities 3,030 295,044
Financing activities
Repayment of bank loans (719) (1,381)
Finance leases obligations (7,607) 33,415
Net cash (used in)/generated from financing activities (8,326) 32,034
Net (decrease)/increase in cash and cash equivalents (30,249) 199,764
Cash and cash equivalents at beginning of period 357,812 158,048
Cash and cash equivalents at end of period 327,563 357,812
Statement of cash fl ows for the period ended 31 December 2015
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DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Statement of cash flows for the period ended 31 december 2015
2015 2014
Notes € € € €
Cash flows from operating activities
Cash generated from/(absorbed by) operations 22 17,792 (125,794)
Interest paid (3,114) (1,380)
Corporation taxes paid (39,631) (140)
Net cash outflow from operating activities (24,953) (127,314)
Investing activities
Purchase of tangible fixed assets - (28,000)
Proceeds on disposal of tangible fixed assets - 319,821
Proceeds on disposal of subsidiaries - 3
Interest received 3,030 3,220
Net cash generated from investing activities 3,030 295,044
Financing activities
Repayment of bank loans (719) (1,381)
Finance leases obligations (7,607) 33,415
Net cash (used in)/generated from financing activities (8,326) 32,034
Net (decrease)/increase in cash and cash equivalents (30,249) 199,764
Cash and cash equivalents at beginning of period 357,812 158,048
Cash and cash equivalents at end of period 327,563 357,812
Statement of cash fl ows for the period ended 31 December 2015 Notes to the fi nancial statements for the year ended 31 December 2015
1 Accounting policies
Company information Hardware Association Ireland is a company limited by guarantee domiciled and incorporated in the Republic of Ireland. The registered offi ce is Lioscarran House, 32 Dale Road, Stillorgan, Co. Dublin.
1.1 Accounting convention These fi nancial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2014.
The fi nancial statements are prepared in euros, which is the functional currency of the company. Monetary amounts in these fi nancial statements are rounded to the nearest €.
The fi nancial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.
These fi nancial statements for the period ended 31 December 2015 are the fi rst fi nancial statements of Hardware Association Ireland prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 December 2013. The reported fi nancial position and fi nancial performance for the previous period are not affected by the transition to FRS 102.
The company has taken advantage of the exemption under section 299 of the Companies Act 2014 not to prepare consolidated accounts. The fi nancial statements present information about the company as an individual entity and not about its group.
1.2 Going concern At the time of approving the fi nancial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the fi nancial statements.
1.3 Income and expenditure Income and expenses are included in the fi nancial statements as they become receivable or due. Expenses include VAT where applicable as the company cannot reclaim it.
1.4 Tangible fi xed assets Tangible fi xed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and Machinery 10% straight Line Fixtures, Fittings and Equipment 12.5% straight Line Motor vehicles 20% straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profi t or loss.
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1 Accounting policies (Continued)
1.5 Fixed asset investments Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in surplus or defi cit.
A subsidiary is an entity controlled by the company. Control is the power to govern the fi nancial and operating policies of the entity so as to obtain benefi ts from its activities.
1.6 Impairment of fi xed assets At each reporting end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash fl ows are discounted to their present value using a pre-tax discount rate that refl ects current market assessments of the time value of money and the risks specifi c to the asset for which the estimates of future cash fl ows have not been adjusted.
If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in surplus or defi cit, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash- generating unit) prior years. A reversal of an impairment loss is recognised immediately in profi t or loss, unless the relevant asset is carried in at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Financial instruments The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its fi nancial instruments.
Financial instruments are recognised in the company’s statement of fi nancial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the fi nancial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Basic fi nancial assets Basic fi nancial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a fi nancing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Other fi nancial assets Other fi nancial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profi t or loss, except that investments in equity instruments that are not publically traded and whose fair values cannot be measured reliably are measured at cost less impairment.
Impairment of fi nancial assets Financial assets, other than those held at fair value through surplus and defi cit, are assessed for indicators of impairment at each reporting end date.
Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the fi nancial asset, the estimated future cash fl ows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash fl ows discounted at the asset’s original effective interest rate. The impairment loss is recognised in surplus or defi cit. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in surplus or defi cit.
Derecognition of fi nancial assets Financial assets are derecognised only when the contractual rights to the cash fl ows from the asset expire or are settled, or when the company transfers the fi nancial asset and substantially all the risks and rewards of ownership to another entity, or if some signifi cant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.
Classifi cation of fi nancial liabilities Financial liabilities and equity instruments are classifi ed according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic fi nancial liabilities Basic fi nancial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classifi ed as debt, are initially recognised at transaction price unless the arrangement constitutes a fi nancing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classifi ed as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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1 Accounting policies (Continued)
Other fi nancial liabilities Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic fi nancial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profi t or loss in fi nance costs or fi nance income as appropriate, unless hedge accounting is applied and the hedge is a cash fl ow hedge.
Derecognition of fi nancial liabilities Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or can celled.
1.9 Equity instruments Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.10 Taxation The tax currently payable is based on taxable profi t for the year. Taxable profi t differs from net profi t as reported in the profi t and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax liabilities are generally recognised for all timing differences and 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 profi ts. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profi t nor the accounting profi t.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that suffi cient taxable profi ts will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profi t and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
1.11 Employee benefi ts The costs of short-term employee benefi ts are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fi xed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefi ts are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefi ts.
1.12 Retirement benefi ts Payments to defi ned contribution retirement benefi t schemes are charged as an expense as they fall due.
1.13 Leases Leases are classifi ed as fi nance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classifi ed as operating leases.
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DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Assets held under fi nance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a fi nance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to the profi t and loss account so as to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefi ts from the lease asset are consumed.
2 Judgements and key sources of estimation uncertainty In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Critical judgements The following judgements (apart from those involving estimates) have had the most signifi cant effect on amounts recognised in the fi nancial statements.
Establishing useful economic lives for depreciation purposes of tangible fi xed assets Long-lived assets, consisting primarily of Tangible fi xed assets, comprise a signifi cant portion of the total assets. The annual depreciation charge depends primarily on the estimated useful economic lives of each type of asset and estimates of residual values. The directors regularly review these asset useful economic lives and change them as necessary to refl ect current thinking on remaining lives in light of prospective economic utilisation and physical condition of the assets concerned. Changes in asset useful lives can have a signifi cant impact on depreciation and amortisation charges for the period. Detail of the useful economic lives is included in the accounting policies.
3 Income/Service charges The total income of the company for the period has been derived from its principal activity wholly undertaken in the Republic of Ireland.
4 Exceptional costs/(income)
2015 2014
€ €
Surplus on sale of property - (285,775)
Operating (defi cit)/surplus2015 2014
Operating (defi cit)/surplus for the period is stated after charging/(crediting): € €
Fees payable to the company’s auditors for the audit of the company’s fi nancial statements
3,696 5,375
Depreciation of owned tangible fi xed assets 4,564 4,878
Operating lease charges 6,401 4,924
5
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DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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EmployeesThe average monthly number of persons (including directors) employed by the company during the period was:
2015 2014
Number Number
3 3
Their aggregate remuneration comprised:
2015 2014
€ €
Wages and salaries 204,360 123,616
Pension costs 15,871 11,646
220,231 135,262
Directors’ remuneration2015 2014
€ €
Remuneration for qualifying services 104,601 67,162
Company pension contributions to defined contribution schemes 12,735 7,319
117,336 74,481
Interest receivable and similar income2015 2014
€ €
Interest incomeInterest on bank deposits 3,030 3,220
Investment income includes the following:
Interest on financial assets not measured at fair value through surplus or deficit 3,030 3,220
Interest payable and similar chargesInterest on financial liabilities measured at amortised cost:
2015 2014
€ €
Interest on bank overdrafts and loans 540 566
Interest on finance leases and hire purchase contracts 2,574 814
3,114 1,380
6
7
8
9
10 Taxation
Corporation tax has not been calculated for 2015 yet and the 2014 charge was €40,548.
HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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Tangible fixed assetsCurrent financial year Freehold land
and buildingsPlant and
MachineryFixtures,
Fittings and Equipment
Motor vehicles
Total
€ € € € €CostAt 1 December 2014 - 53,351 21,645 28,000 102,996
At 31 December 2015 - 53,351 21,645 28,000 102,996
Depreciation and impairment
At 1 December 2014 - 52,173 19,310 3,500 74,983
Depreciation charged in the period
- 597 467 3,500 4,564
At 31 December 2015 - 52,770 19,777 7,000 79,547
Carrying amountAt 31 December 2015 - 581 1,868 21,000 23,449
At 30 November 2014 - 1,178 2,335 24,500 28,013
Prior financial year Freehold land and buildings
Plant and Machinery
Fixtures, Fittings and
Equipment
Motor vehicles
Total
€ € € € €CostAt 1 December 2013 79,620 53,351 21,645 - 154,616
Additions - - - 28,000 28,000
Disposals (79,620) - - - (79,620)
At 31 December 2014 - 53,351 21,645 28,000 102,996
Depreciation and impairmentAt 1 December 2013 45,574 51,262 18,843 - 115,679
Depreciation charged in the period - 911 467 3,500 4,878
Eliminated in respect of disposals (45,574) - - - (45,574)
At 31 December 2014 - 52,173 19,310 3,500 74,983
Carrying amountAt 30 November 2014 - 1,178 2,335 24,500 28,013
At 30 November 2013 34,046 2,089 2,802 - 38,937
116
7
8
9
10
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DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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EmployeesThe average monthly number of persons (including directors) employed by the company during the period was:
2015 2014
Number Number
3 3
Their aggregate remuneration comprised:
2015 2014
€ €
Wages and salaries 204,360 123,616
Pension costs 15,871 11,646
220,231 135,262
Directors’ remuneration2015 2014
€ €
Remuneration for qualifying services 104,601 67,162
Company pension contributions to defined contribution schemes 12,735 7,319
117,336 74,481
Interest receivable and similar income2015 2014
€ €
Interest incomeInterest on bank deposits 3,030 3,220
Investment income includes the following:
Interest on financial assets not measured at fair value through surplus or deficit 3,030 3,220
Interest payable and similar chargesInterest on financial liabilities measured at amortised cost:
2015 2014
€ €
Interest on bank overdrafts and loans 540 566
Interest on finance leases and hire purchase contracts 2,574 814
3,114 1,380
6
7
8
9
10 Taxation
Corporation tax has not been calculated for 2015 yet and the 2014 charge was €40,548.
HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
17WWW.HARDWAREASSOCIATION.IE
Tangible fixed assetsCurrent financial year Freehold land
and buildingsPlant and
MachineryFixtures,
Fittings and Equipment
Motor vehicles
Total
€ € € € €CostAt 1 December 2014 - 53,351 21,645 28,000 102,996
At 31 December 2015 - 53,351 21,645 28,000 102,996
Depreciation and impairment
At 1 December 2014 - 52,173 19,310 3,500 74,983
Depreciation charged in the period
- 597 467 3,500 4,564
At 31 December 2015 - 52,770 19,777 7,000 79,547
Carrying amountAt 31 December 2015 - 581 1,868 21,000 23,449
At 30 November 2014 - 1,178 2,335 24,500 28,013
Prior financial year Freehold land and buildings
Plant and Machinery
Fixtures, Fittings and
Equipment
Motor vehicles
Total
€ € € € €CostAt 1 December 2013 79,620 53,351 21,645 - 154,616
Additions - - - 28,000 28,000
Disposals (79,620) - - - (79,620)
At 31 December 2014 - 53,351 21,645 28,000 102,996
Depreciation and impairmentAt 1 December 2013 45,574 51,262 18,843 - 115,679
Depreciation charged in the period - 911 467 3,500 4,878
Eliminated in respect of disposals (45,574) - - - (45,574)
At 31 December 2014 - 52,173 19,310 3,500 74,983
Carrying amountAt 30 November 2014 - 1,178 2,335 24,500 28,013
At 30 November 2013 34,046 2,089 2,802 - 38,937
1111
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
18 WWW.HARDWAREASSOCIATION.IE
HARDWARE ASSOCIATION IRELAND
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
18 WWW.HARDWAREASSOCIATION.IE
Fixed asset investments Notes 2015 2014€ €
Investments in subsidiaries 21 100 100
Movements in fixed asset investmentsCurrent financial year Shares
€Cost or valuationAt 1 December 2013 & 31 December 2014 100
Net book valueAt 31 December 2015 100
At 30 November 2014 100
Prior financial year Shares€
Cost or valuationAt 31 December 2014 103
Disposals (3)
At 31 December 2014 100
Net book valueAt 30 November 2014 100
At 30 November 2013 103
12
Financial instruments2015 2014
€ €Carrying amount of financial assetsDebt instruments measured at amortised cost 6,119 175,351
Equity instruments measured at cost less impairment 100 100
Instruments measured at fair value through surplus or deficit 1,143 1,143
Carrying amount of financial liabilitiesMeasured at amortised cost 244,804 110,178
Debtors2015 2014
Amounts falling due within one year: € €Trade debtors 797 128,555
Corporation tax recoverable 328 -
Other debtors 5,322 46,796
Prepayments and accrued income 1,306 -
7,753 175,351
13
14
HARDWARE ASSOCIATION IRELAND
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
19WWW.HARDWAREASSOCIATION.IE
Creditors: amounts falling due within one year2015 2014
Notes € €Loans and overdrafts 17 - 719
Obligations under finance leases 18 7,021 7,021
Trade creditors 1,812 35,475
Amounts due to subsidiary undertakings 146,000 -
Corporation tax - 39,303
Other taxation and social welfare 26,007 141,923
Other creditors 37,633 5,794
Accruals and deferred income 8,696 9,920
227,169 240,155
Creditors: amounts falling due after more than one year
2015 2014Notes € €
Obligations under finance leases 18 18,787 26,394
Other creditors 24,855 24,855
43,642 51,249
Loans and overdrafts 2015 2014€ €
Bank loans - 719
Payable within one year - 719
Finance lease obligations2015 2014
Future minimum lease payments due under finance leases:
€ €
Within one year 7,021 7,021
In two to five years 18,787 26,394
25,808 33,415
15
16
17
18
19 Retirement benefit schemes
Defined contribution schemes The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund. The charge to income and expenditure in respect of defined contribution schemes was €15,871 (2014 - €11,646).
20 Members’ liability
The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding €2.
12
13
14
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
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HARDWARE ASSOCIATION IRELAND
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
18 WWW.HARDWAREASSOCIATION.IE
Fixed asset investments Notes 2015 2014€ €
Investments in subsidiaries 21 100 100
Movements in fixed asset investmentsCurrent financial year Shares
€Cost or valuationAt 1 December 2013 & 31 December 2014 100
Net book valueAt 31 December 2015 100
At 30 November 2014 100
Prior financial year Shares€
Cost or valuationAt 31 December 2014 103
Disposals (3)
At 31 December 2014 100
Net book valueAt 30 November 2014 100
At 30 November 2013 103
12
Financial instruments2015 2014
€ €Carrying amount of financial assetsDebt instruments measured at amortised cost 6,119 175,351
Equity instruments measured at cost less impairment 100 100
Instruments measured at fair value through surplus or deficit 1,143 1,143
Carrying amount of financial liabilitiesMeasured at amortised cost 244,804 110,178
Debtors2015 2014
Amounts falling due within one year: € €Trade debtors 797 128,555
Corporation tax recoverable 328 -
Other debtors 5,322 46,796
Prepayments and accrued income 1,306 -
7,753 175,351
13
14
HARDWARE ASSOCIATION IRELAND
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
19WWW.HARDWAREASSOCIATION.IE
Creditors: amounts falling due within one year2015 2014
Notes € €Loans and overdrafts 17 - 719
Obligations under finance leases 18 7,021 7,021
Trade creditors 1,812 35,475
Amounts due to subsidiary undertakings 146,000 -
Corporation tax - 39,303
Other taxation and social welfare 26,007 141,923
Other creditors 37,633 5,794
Accruals and deferred income 8,696 9,920
227,169 240,155
Creditors: amounts falling due after more than one year
2015 2014Notes € €
Obligations under finance leases 18 18,787 26,394
Other creditors 24,855 24,855
43,642 51,249
Loans and overdrafts 2015 2014€ €
Bank loans - 719
Payable within one year - 719
Finance lease obligations2015 2014
Future minimum lease payments due under finance leases:
€ €
Within one year 7,021 7,021
In two to five years 18,787 26,394
25,808 33,415
15
16
17
18
19 Retirement benefit schemes
Defined contribution schemes The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund. The charge to income and expenditure in respect of defined contribution schemes was €15,871 (2014 - €11,646).
20 Members’ liability
The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding €2.
15
16
17
18
19
20
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
21 Subsidiaries These fi nancial statements are separate company fi nancial statements for 31 December 2015. Details of the company’s subsidiaries at 31 December 2015 are as follows:
Name of undertaking and country of Investment Class of % Held incorporation or residency shareholding Direct Indirect Hardware & Allied Promotions Ireland Limited 0 Ordinary 100.00 The Hardware Journal Limited Ireland 100 Ordinary 100.00
Hardware Association Ireland surrendered losses of €179,295 to it’s subsidiary The Hardware Journal Limited.
Included in creditors is an amount due to it’s subsidiary company The Hardware Journal Limited of €146,000 (2014: Th Hardware Journal Limited owed €38,900 to Hardware Association Ireland).
22 Cash generated from operations 2015 2014 € € (Loss)/profi t for the year after tax (181,818) 92,511 Adjustments for: Taxation charged - 40,548 Finance costs 3,114 1,380 Investment income (3,030) (3,220) Gain on disposal of tangible fi xed assets - (285,775) Depreciation and impairment of tangible fi xed assets 4,564 4,878 Movements in working capital: Decrease/(increase) in debtors 167,926 (4,129) Increase in creditors 27,036 28,013 Cash generated from/(absorbed by) operations 17,792 (125,794)
23 Approval of fi nancial statements The directors approved the fi nancial statements on the 22nd June 2016
20 WWW.HARDWAREASSOCIATION.IE
Hardware Association Ireland(A Company Limited by Guarantee and not having a Share Capital)
MANAGEMENT INFORMATIONFor the Period Ended 31 December 2015
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
21WWW.HARDWAREASSOCIATION.IE
Period ended
31 December 30 November 2015 2014 € € € €Income Subscriptions 151,133 152,549Training income 2,690 - 153,823 152,549Other operating incomeManagement fees receivable 30,000 4,000 Sundry income 1,496 2,572 31,496 6,572Administrative expenses 136,164 160,601 Establishment expenses 230,889 153,076
(367,053) (313,677)Exceptional itemsSurplus on sale of property - 285,775
Operating (defi cit)/surplus (181,734) 131,219
Investment revenuesBank interest received 3,030 3,220
3,030 3,220Interest payable and similar chargesBank interest on loans and overdrafts 540 566 Hire purchase interest payable 2,574 814 (3,114) (1,380)
(Defi cit)/surplus before taxation 118.20% (181,818) 87.22% 133,059
Hardware Association Ireland(A Company Limited by Guarantee and not having a Share Capital)
MANAGEMENT INFORMATIONFor the Period Ended 31 December 2015
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
22 WWW.HARDWAREASSOCIATION.IE
Period ended 31 December 30 November 2015 2014 € €Administrative expensesRedundancy costs - 6,709Rent 6,401 4,924Service charge 1,601 1,231Computer costs 1,054 3,094Motor expenses 1,507 1,369Travel and meetings 22,504 14,408Postage 2,941 1,295Legal and professional fees - 199Consultancy fees 8,301 14,207Accountancy 9,491 1,148Bad and doubtful debts - 15,657Printing and stationery 2,318 3,492Printing materials 9,303 -Advertising 630 1,599Public relation expenses 26,472 62,257Website costs 12,006 323Telephone and fax 3,478 2,886Marketing 25,350 23,502Miscellaneous expenses 2,807 2,301 136,164 160,601
Establishment expensesWages and salaries 99,759 56,454Pensions 3,136 4,327Directors’ remuneration 104,601 67,162Directors’ pension costs 12,735 7,319Rates 1,126 866Cleaning 300 478Light and heat - 455Repairs and renewals - 5,507Insurance 972 255Audit fees 3,696 5,375Depreciation on offi ce machinery 597 911Depreciation on computer 467 467Depreciation on motor vehicle 3,500 3,500 230,889 153,076
The Hardware Journal Limited
Annual Report and Financial Statements
for the year ended 31 December 2015
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HARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
1WWW.HARDWAREASSOCIATION.IE
HARDWARE ASSOCIATION IRELANDHARDWARE ASSOCIATION IRELANDHARDWARE ASSOCIATION IRELANDHARDWARE ASSOCIATION IRELAND(A Company Limited by Guarantee and not having a Share Capital)(A Company Limited by Guarantee and not having a Share Capital)(A Company Limited by Guarantee and not having a Share Capital)(A Company Limited by Guarantee and not having a Share Capital)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTSDIRECTORS’ REPORT AND FINANCIAL STATEMENTS
The Hardware Journal Limited
Annual Report and Financial Statements
for the year ended 31 December 2015
Registration Number 518681
1WWW.HARDWAREASSOCIATION.IE
CONTENTS PAGE
Directors’ report 2 - 3
Directors’ responsibilities statement 4
Independent auditor’s report 5
Profi t and loss account 6
Balance sheet 7
Statement of changes in equity 8
Statement of cash fl ows 9
Notes to the fi nancial statements 10 - 15
Management information
Detailed trading, profi t and loss account 16
Schedule of distribution and administrative expenses 16
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THE HARDWARE JOURNAL
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THE HARDWARE JOURNAL LIMITED
Directors and other information
Directors Anne Marie Harte Alex Taylor
Secretary Anne Marie Harte
Company Number 518681
Resistered offi ce Lioscarran House 3 2 Dale Road Stillorgan Co Dublin
Auditors Lalor O’Shea McQuillan Chartered Accountants and Statutory Audit Firm Unit 2, The Hyde Building The Park Carrickmines Dublin 18
Business Address Lioscarran House 32 Dale Road Stillorgan Co. Dublin
Bankers Bank of Ireland (College Green) 2 College Green Dublin 2
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THE HARDWARE JOURNAL
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Directors’ Report for the year ended 31 December 2015
The directors present their annual report and fi nancial statements for the year ended 31 December 2015. The company is a wholly owned subsidiary of Hardware Association Ireland.
Principal activitiesThe principal activity of the company continued to be that of publishing a trade magazine.
Directors and secretaryThe directors who held offi ce during the year and up to the date of signature of the fi nancial statements were as follows:
Results and dividendsThe results for the year are set out on page 6.No ordinary dividends were paid. The directors do not recommend payment of a fi nal dividend.
Directors’ and secretary’s interestsThe directors’ and secretary’s interests in the shares of the company were as stated below:
Anne Marie Harte and Alex Taylor retire from the board by rotation in accordance with the Articles of Association and, being eligible, offer themselves for re-election.
Accounting recordsThe company’s directors are aware of their responsibilities, under sections 281 to 285 of the Companies Act 2014 as to wheth-er in their opinion, the accounting records of the company are suffi cient to permit the fi nancial statements to be readily and properly audited and are discharging their responsibility by ensuring that suffi cient company resources are available for the task and liaising with the company’s auditors.The accounting records are held at the company’s registered offi ce, Lioscarran House 32 Dale Road Stillorgan Co Dublin.
AuditorsLalor O’Shea McQuillan were appointed as the company’s auditors and in accordance with section 382 (1) of the Companies Act 2014, they continue in offi ce as auditors of the company.Statement of disclosure to auditorsEach of the directors in offi ce at the date of approval of this annual report confi rms that:• so far as the director is aware, there is no relevant audit information of which the company’s auditors are unaware, and• the director has taken all the steps that he / she ought to have taken as a director in order to make himself / herself aware
of any relevant audit information and to establish that the company’s auditors are aware of that information.
This confi rmation is given and should be interpreted in accordance with the provisions of section 330 of the Companies Act 2014.
On behalf of the board
Ordinary Shares of €1 each
31 December 2014 31 December 2015
Anne Marie Harte - -
Alex Taylor - -
Anne Marie HarteDirector
Alex TaylorDirector
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THE HARDWARE JOURNAL
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Directors’ Responsibilities Statement for the year ended 31 December 2015
The directors are responsible for preparing the Annual Report and the fi nancial statements in accordance with Irish law and regulations
Irish company law requires the directors to prepare fi nancial statements for each fi nancial year. Under that law, the directors have elected to prepare the fi nancial statements in accordance with Companies Act 2014 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland issued by the Financial Reporting Council and promulgated by Chartered Accountants Ireland. Under company law, the directors must not approve the fi nancial statements unless they are satisfi ed that they give a true and fair view of the assets, liabilities and fi nancial position of the company as at the fi nancial year end date and of the profi t or loss of the company for that fi nancial year and otherwise comply with the Companies Act 2014.
In preparing these fi nancial statements, the directors are required to:
• select suitable accounting policies for the company fi nancial statements and then apply them consistently;
• make judgements and estimates that are reasonable and prudent;
• state whether the fi nancial statements have been prepared in accordance with applicable accounting standards ,identify those standards, and note the effect and the reasons for any material departure from those standards; and
• prepare the fi nancial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for ensuring that the company keeps or causes to be kept adequate accounting records which correctly explain and record the transactions of the company, enable at any time the assets, liabilities, fi nancial position and profi t or loss of the company to be determined with reasonable accuracy, enable them to ensure that the fi nancial statements and Directors’ Report comply with the Companies Act 2014 and enable the fi nancial statements to be audited. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
Anne Marie HarteDirector
Alex TaylorDirector
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THE HARDWARE JOURNAL
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Independent Auditor’s Report to the Members of the Hardware Journal Limited
We have audited the fi nancial statements of The Hardware Journal Limited for the year ended 31 December 2015 which comprise the Profi t And Loss Account, the Balance Sheet, the Statement of Changes in Equity, the Statement of Cash Flows and the related notes. The relevant fi nancial reporting framework that has been applied in their preparation is the Companies Act 2014 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland issued by the Financial Reporting Council.
This report is made solely to the company’s members, as a body, in accordance with section 391 of the Companies Act 2014. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Respective responsibilities of directors and auditorsAs explained more fully in the Directors’ Responsibilities Statement, the directors are responsible for the preparation of the fi nancial statements and for being satisfi ed that they give a true and fair view and otherwise comply with the Companies Act 2014. Our responsibility is to audit and express an opinion on the fi nancial statements in accordance with Irish law and Inter-national Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board’s Ethical Standards for Auditors.
Scope of the audit of the fi nancial statementsAn audit involves obtaining evidence about the amounts and disclosures in the fi nancial statements suffi cient to give reasonable assurance that the fi nancial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the company’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of signifi cant accounting estimates made by the directors; and the overall presentation of the fi nancial statements. In addition, we read all the fi nancial and non-fi nancial information in the Annual Report to identify material inconsistencies with the audited fi nancial statements and to identify any information that is apparently materially incorrect based on, or materially inconsistent with, the knowledge acquired by us in the course of performing the audit. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report.
Opinion on fi nancial statementsIn our opinion the fi nancial statements:
• give a true and fair view of the state of the assets, liabilities and fi nancial position of the company as at 31 December 2015 and of its profi t for the year then ended; and
• have been properly prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland issued by the Financial Reporting Council and, in particular, the requirements of the Companies Act 2014
Matters on which we are required to report by the Companies Act 2014• We have obtained all the information and explanations which we consider necessary for the purposes of our audit.• In our opinion the accounting records of the company were suffi cient to permit the fi nancial statements to be• readily and properly audited.• The fi nancial statements are in agreement with the accounting records.• In our opinion the information given in the Directors’ Report is consistent with the fi nancial statements.
Matters on which we are required to report by exceptionWe have nothing to report in respect of our obligation under the Companies Act 2014 to report to you if, in our opinion, the disclosures of director’s remuneration and transactions specifi ed by sections 305 to 312 of the Act are not made.
Mr. John O Sheafor and on behalf of Lalor O’Shea McQuillanChartered Accountants and Statutory Audit Firm Unit 2, The Hyde BuildingThe ParkCarrickminesDublin 18
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THE HARDWARE JOURNAL
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Profi t and loss account for the year ended 31 December 2015
2015 2014 Notes € €Turnover 3 261,754 71,425
Distribution costs (417) (54,445)Administrative expenses (41,444) (9,517)
Operating profi t 4 219,893 7,463
Taxation 6 (5,075) (933)
Profi t for the fi nancial year 11 214,818 6,530
Total comprehensive income for the year 214,818 6,530
The profi t and loss account has been prepared on the basis that all operations are continuing operations.
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THE HARDWARE JOURNAL
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Balance Sheet as at 31 December 2015
2015 2014
Notes € € € €
Current assets
Debtors 8 165,775 11,600
Cash at bank and in hand 58,989 30,789
Creditors: amounts falling due within one year 9 224,764 42,389
(8,497) (40,940)
Net current assets 216,267 1,449
Capital and reserves
Called up share capital presented as equity 10 100 100
Profi t and loss reserves 11 216,167 1,349
Total equity 216,267 1,449
The fi nancial statements were approved by the board of directors and authorised for issue on 22nd June 2016 and are signed on its behalf by:
Anne Marie HarteDirector
Alex TaylorDirector
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THE HARDWARE JOURNAL
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Statement of changes in equity for the year ended 31 December 2015
Share capital Profi t and Total loss reserves Notes € € €Balance at 1 January 2014 100 (5,181) (5,081)
Period ended 31 December 2014: Profi t and total comprehensive income for the year - 6,530 6,530
Balance at 31 December 2014 100 1,349 1,449
Period ended 31 December 2015: Profi t and total comprehensive income for the year - 214,818 214,818
Balance at 31 December 2015 100 216,167 216,267
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THE HARDWARE JOURNAL
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Statement of cash fl ows for the year ended 31 December 2015
2015 2014 Notes € € € €Cash fl ows from operating activities
Cash generated from operations 14 29,133 15,838
Corporation taxes paid (933) -
Net cash infl ow from operating activities 28,200 15,838
Net cash used in investing activities - -
Net cash used in fi nancing activities - -
Net increase in cash and cash equivalents 28,200 15,838
Cash and cash equivalents at beginning of year 30,789 14,951
Cash and cash equivalents at end of year 58,989 30,789
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THE HARDWARE JOURNAL
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1 Accounting policies Company information The Hardware Journal Limited is a limited company domiciled and incorporated in Republic of Ireland. The registered
offi ce is Lioscarran House, 32 Dale Road, Stillorgan, Co Dublin.
1.1 Accounting convention These fi nancial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable
in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2014.
The fi nancial statements are prepared in euros, which is the functional currency of the company. Monetary amounts in these fi nancial statements are rounded to the nearest €.
The fi nancial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.
These fi nancial statements for the year ended 31 December 2015 are the fi rst fi nancial statements of The Hardware Journal Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 January 2014. The reported fi nancial position and fi nancial performance for the previous period are not affected by the transition to FRS 102.
The company has taken advantage of the exemption under section 299 of the Companies Act 2014 not to prepare consolidated accounts. The fi nancial statements present information about the company as an individual entity and not about its group.
1.2 Going concern At the time of approving the fi nancial statements, the directors have a reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the fi nancial statements.
1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the
normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash infl ows are deferred and represent a fi nancing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
Revenue from the sale of goods is recognised when the signifi cant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefi ts associated with the transaction will fl ow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Revenue from contracts for the provision of services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.
1.4 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments
with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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THE HARDWARE JOURNAL
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1 Accounting policies (Continued)
1.5 Financial instruments The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other
Financial Instruments Issues’ of FRS 102 to all of its fi nancial instruments.
Financial instruments are recognised in the company’s statement of fi nancial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the fi nancial statements, when there is a legally enforce able right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic fi nancial assets Basic fi nancial assets, which include trade and other receivables and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a fi nancing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Other fi nancial assets Other fi nancial assets, including investments in equity instruments which are not subsidiaries, associates or joint
ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profi t or loss, except that investments in equity instruments that are not publically traded and whose fair values cannot be measured reliably are measured at cost less impairment.
Impairment of fi nancial assets Financial assets, other than those held at fair value through profi t and loss, are assessed for indicators of impairment at
each reporting end date.
Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the fi nancial asset, the estimated future cash fl ows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash fl ows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profi t or loss.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profi t or loss.
Derecognition of fi nancial assets Financial assets are derecognised only when the contractual rights to the cash fl ows from the asset expire or are settled,
or when the company transfers the fi nancial asset and substantially all the risks and rewards of ownership to another entity, or if some signifi cant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.
Classifi cation of fi nancial liabilities Financial liabilities and equity instruments are classifi ed according to the substance of the contractual arrangements
entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
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1 Accounting policies (Continued) Basic fi nancial liabilities Basic fi nancial liabilities, including trade and other payables, bank loans, loans from fellow group companies and
preference shares that are classifi ed as debt, are initially recognised at transaction price unless the arrangement constitutes a fi nancing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classifi ed as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Other fi nancial liabilities Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic fi nancial instruments.
Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profi t or loss in fi nance costs or fi nance income as appropriate, unless hedge accounting is applied and the hedge is a cash fl ow hedge.
Derecognition of fi nancial liabilities Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.
1.6 Equity instruments Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends
payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.7 Taxation The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax The tax currently payable is based on taxable profi t for the year. Taxable profi t differs from net profi t as reported in the
profi t and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax Deferred tax liabilities are generally recognised for all timing differences and 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 profi ts. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profi t nor the accounting profi t.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that suffi cient taxable profi ts will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profi t and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
2 Judgements and key sources of estimation uncertainty In the application of the company’s accounting policies, the directors are required to make judgements, estimates and
assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
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Turnover 2015 2014
€ €
Advertising income 18,284 71,425
Trade show income 233,351 -
Conference income 10,119 -
261,754 71,425
Turnover analysed by geographical market 2015 2014
€ €
Ireland 261,754 71,425
Operating profi t
2015 2014
Operating profi t for the year is stated after charging/(crediting): € €
Fees payable to the company’s auditors for the audit of the company’s fi nancial statements 750 750
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2015 2014
Number Number
Directors 2 2
Taxation 2015 2014
Current tax € €
Corporation tax on profi ts for the current period 5,075 933
The charge for the year can be reconciled to the profi t per the profi t and loss account as follows:
2015 2014
€ €
Profi t before taxation 219,893 7,463
Expected tax charge based on the standard rate of corporation tax in the Republic of Ireland of 12.50% (2014: 12.50%) 27,487 933
Losses surrender by parent company (22,412) -
Tax expense for the year 5,075 933
4
5
6
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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Financial instruments 2015 2014
€ €
Carrying amount of fi nancial assets
Debt instruments measured at amortised cost 165,775 11,600
Carrying amount of fi nancial liabilities
Measured at amortised cost 750 39,938
2015 2014
Debtors € €
Amounts falling due within one year:
Trade debtors 19,775 11,600
Amount due from parent undertaking 146,000 -
165,775 11,600
7
8
Creditors: amounts falling due within one year
2015 2014
Notes € €
Amount due to parent undertaking - 38,900
Corporation tax 5,075 933
Other taxation and social welfare 2,672 69
Other creditors - 288
Accruals and deferred income 750 750
8,497 40,940
Share capital 2015 2014
€ €
Ordinary share capital
Authorised equity
100,000 Ordinary Shares of €1 each 100,000 100,000
Issued and fully paid equity
100 Ordinary Shares of €1 each 100 100
Profi t and loss reserves 2015 2014
€ €
At the beginning of the year 1,349 (5,181)
Profi t for the year 214,818 6,530
At the end of the year 216,167 1,349
9
10
11
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Cash generated from operations
2015 2015
€ €
Profi t for the year after tax 214,818 6,530
Adjustments for:
Taxation charged 5,075 933
Movements in working capital:
(Increase)/decrease in debtors (154,175) 5,290
(Decrease)/increase in creditors (36,585) 3,085
Cash generated from operations 29,133 15,838
Approval of fi nancial statements
The directors approved the fi nancial statements for issue on 22nd June 2016
14
15
12 Related party transactions:Included in debtors is an amount due from the parent company, Hardware Association Ireland of €146,000 (2014: The Hardware Journal Limited owed the parent company €38,900).
13 Controlling partyThe ultimate parent company is Hardware Association Ireland, a company incorporated in Ireland.Hardware Association Ireland, the parent company surrendered losses to The Hardware Journal Limited of €179,295.
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Detailed Trading and Profi t and Loss Account for the Year Ended 31 December 2015
2015 2014 € € € € TurnoverAdvertising income 18,284 71,425Trade show income 233,351 -Conference income 10,119 -
261,754 71,425
Distribution costs 417 54,445
Administrative expenses 41,444 9,517
(41,861) (63,962)
Operating profi t 219,893 7,463
Schedule of Administrative expenses for the year ended 31 December 2015 2015 2014 € €Distribution costs Editing, design and web - 12,019Printing, postage and stationery 417 21,626Editorial services - 12,000Advertising - 8,800
417 54,445 Administrative expensesManagement fee 30,000 4,000 Insurance 625 590Marketing and survey costs 9,870 3,200Legal and professional fees - 495Audit fees 750 750Photography - 200Bank charges 199 52General expenses - 230
41,444 9,517
THE HARDWARE JOURNAL LIMITED MANAGEMENT INFORMATIONFOR THE YEAR ENDED 31 DECEMBER 2015
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HARDWARE ASSOCIATION IRELAND
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HARDWARE ASSOCIATION IRELANDHARDWARE ASSOCIATION IRELAND
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MEMBERS’ DIRECTORY
THE HARDWARE JOURNAL LIMITED MANAGEMENT INFORMATIONFOR THE YEAR ENDED 31 DECEMBER 2015
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Aidan Clarke & Co T/A Clarkes AlbanyContact: Aidan Clarke042 [email protected] StreetBailieboroughCo. Cavan
Alfco Farm Services LtdContact: Pat McMahon046 [email protected]. Meath
Atkins DIY LtdContact: Sandra Stanley023 [email protected] StreetClonakiltyCo. Cork
Barry Smythe DIY LtdContact: Barry Smythe065 [email protected] Road Business ParkEnnisCo. Clare
Ballymount HardwareContact: Sean O’Byrne01 [email protected] Lower Ballymount RoadWalkinstown RoundaboutDublin 12
Bathroom Tiles & Plumbing LtdContact: Tim Burke029 [email protected] StreetKanturkCo. Cork
Bernard HallahanContact: Bernard Hallahan021 [email protected] RowCobhCork
Buckley Brothers (Mallow) LtdContact: Joseph Buckley022 [email protected] Davis StreetMallowCo. Cork
Burke’s Hardware & FurnitureContact: Brian Burke065 [email protected] RoadMilltown MalbayCo. Clare
Cahills Arro StoresContact: Anthony Cahill094 [email protected] StreetCastlereaCo.Roscommon
Capitol Hardware LtdContact: Allan Roche056 [email protected]’s StThomastownCo.Kilkenny
Chris Leonard HardwareContact: Stephen Leonard046 [email protected] Market StreetTrimCo. Meath
Churchtown StoresContact: Kieran Flood01 [email protected] Braemor RoadChurchtownDublin 14
Dairygold Agri Business LtdContact: Kevin Myers022 [email protected] End, MallowCo.Cork
Donoghue’s Hardware LtdContact: Jimmy Donoghue043 6686009jod� [email protected] StreetGranardCo. Longford
Dwan’s Hardware StoresContact: Daniel Byrne0504 [email protected] StreetThurlesCo. Tipperary
Fergus Hanley LtdContact: Michael Hanley043 [email protected], LanesboroCo. Longford
Ger Malone & Co/ Shannonside HeatingContact: Ger Malone061 [email protected]
GlanbiaContact: James Byrne059 [email protected] HouseRing RoadKilkenny
Harringtons ArroContact: Paul Harrington027 [email protected] GateCastletownbereCo. Cork
Hollands of Emyvale LtdContact: Catherine Holland047 [email protected] StreetEmyvaleCo. Monaghan
J C Daly Hardware LtdContact: Tony Daly061 [email protected] William StreetLimerick CityCo. Limerick
J O’Toole & SonsContact: Ruairi O’Toole091 [email protected] Rosemary AvenueEyre SquareGalway
Joe McKenna (Limerick) LtdContact: Joe McKenna061 [email protected] Parnell StreetLimerick
John Kingston LtdContact: John Kingston01 [email protected] Lower Pembroke StreetDublin 2
Keans Arro Home and Garden LtdContact: James Kean094 [email protected] StreetClaremorrisCo.Mayo
Hardware/DIY/Homewares/Garden
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Keller’s (Ballinasloe) LtdContact: Bill Keller090 [email protected] StreetBallinasloeCo. Galway
Kelliher Hardware (Tralee) LtdContact: Michael Quinn066 [email protected]/112 Rock StreetTraleeCo. Kerry
Killarney HardwareContact: John Dunlea064 [email protected] StreetKillarneyCo.Kerry
Lenehan’s (Capel Street) LtdContact: Paddy Lenehan01 [email protected] Capel StreetDublin 1
Liam Brennan LtdContact: Liam Brennan053 [email protected] SquareGoreyCo.Wexford
M CunninghamContact: Michael Cunningham058 [email protected] StreetTallowCo. Waterford
Manor DIYContact: Gerard Byrne01 [email protected] 3 Norseman CourtManor Street , StoneybatterDublin 7
Manor Homewares LtdContact: Gerry Rooney071 [email protected] Main StreetManorhamiltonCo. Leitrim
Marine Suppliers & Co LtdContact: Donald Quinn01 [email protected] West PierHowthCo. Dublin
Newtown Supplies LtdContact: Patrick Robinson01 [email protected] Road Ind. ParkMalahide RoadCoolockDublin 17
Nolan’s Hardware LtdContact: Paul Nolan01 [email protected] Vernon AvenueClontarfDublin 3
P Holland LtdContact: Patrick Holland042 [email protected] Park StreetDundalkCo. Louth
P J Callan LtdContact: Paddy Callan041 6853555 [email protected] RoadArdeeCo.Louth
P J Nolan H & P SuppliesContact: P J Nolan059 [email protected] RoadCarlow
Peter Galvin LtdContact: Peter Galvin01 840 [email protected] Main StreetSwordsCo. Dublin
S V Delahunt & Co LtdContact: Sylvester Delahunt0404 [email protected] HillWicklow TownWicklow
Skerries HardwareContact: Gerry McKenna01 [email protected] Thomas Hand StreetSkerriesCo. Dublin
Smyth’s Peter, Arro StoreContact: Dermot Kavanagh053 [email protected] Rafter StreetEnniscorthyCo. Wexford
T J Clossick & Son LtdContact: Martin Clossick090 [email protected] AvenuePortumnaCo. Galway
Taylor’s HardwareContact: Hugh Taylor01 28604927 Village Gate ArcadeMain StreetBrayCo. Wicklow
Ted Johnson LtdContact: Stella Cooke045 [email protected]� eld CourtMonread RoadNaasCo. Kildare
The Paint PotContact: Norman Priestman01 [email protected] Shopping CentreTempleogueDublin 12
Topline FlavinsContact: Tony Flavin024 92026tony� [email protected] North Main StreetYoughalCo. Cork
Topline HassettsContact: John Hassett057 [email protected] StreetCrinkill, BirrCo.O� aly
Topline KellysContact: Rachel Reddin01 [email protected] Garden StreetNorth StrandDublin 3
Topline MurtaghsContact: Colin Murtagh01 [email protected] StreetAshbourneCo. Meath
Toss BryanContact: Tom Bryan025 [email protected] RoadFermoyCo. Cork
Tuam Furniture Stores LtdContact: Brian Murphy093 [email protected] StreetTuamCo. Galway
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Tuam Hardware DIY LtdContact: Martin Redington093 [email protected] MallTuamCo. Galway
Tuam Heating & Plumbing LtdContact: Declan Marley093 [email protected] TrinityTuamCo. Galway
Vokes HardwareContact: Henry Vokes061 [email protected] StreetAdareCo. Limerick
W.A. Barrett HomevalueContact: Francis Barrett01 [email protected]. Kildare
Weirs Of Baggot Street (Ryder Weir Ltd)Contact: Maeve Plower01 [email protected] Upper Baggot StreetDublin 4
Williams (Kilkee) LtdContact: Paul Williams065 [email protected] RoadKilkeeCo. Clare
WJ SloanContact: Tom Cunningham071 [email protected]. Roscommon
Woodhaven StoresContact: Kathryn O’Rahilly Griffith066 714 1033Church StreetCastleislandCo. Kerry
Aurivo Co-Op Society LtdContact: Stephen Blewitt071 [email protected] Business ParkSligo
Bagenalstown HardwareContact: John Walsh059 [email protected] Business ParkRoyal Oak, BagenalstownCo. Carlow
Ballymountain Builders Providers LtdContact: Noel Power051 [email protected]
BMG Hardware LimitedContact: Bernard McGowan071 [email protected] EndBundoranCo. Donegal
Bolger Brothers Homevalue HardwareContact: Fergal Bolger053 [email protected]
Brian Hughes HardwareContact: Brian Hughes049 [email protected] Market StreetCootehillCo. Cavan
Brooks Timber & Building SuppliesContact: Mark Lohan01 [email protected] 12, Bluebell Industrial EstateBluebell AvenueDublin 12
Burkes Hardware & DIY LtdContact: John Burke0404 [email protected] Shopping CentreRathnewCo. Wicklow
C&C Building Providers LtdContact: Colm Corrigan053 [email protected]. Wexford
Cahill Homevalue HardwareContact: John Webb O’Rourke063 [email protected] Business ParkBruree RoadKilmallockCo. Limerick
Centenary Co-opContact: Eamon Healy0504 [email protected] RoadThurlesCo.Tipperary
Charles Kelly LtdContact: Gerard Kelly074 [email protected] MillsLetterkennyCo. Donegal
Clarkes Hardware LtdContact: Patrick Clarke0504 [email protected] DemenseTemplemoreCo.Tipperary
Clifden Supply Centre LtdContact: Paddy Aspell095 [email protected] RoadClifdenCo. Galway
Builders Merchant/Hardware/DIY/Homewares/Garden
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Clondalkin Builders ProvidersContact: Joe Holt01 [email protected] Lock RoadClondalkinDublin 22
Corrells HardwareContact: Colm Osborne053 [email protected] StreetCarnewCo. Wicklow
Crinkill Merchants LtdContact: John Hassett057 [email protected] StreetCrinkill, BirrCo. O� aly
Cullinan & SonsContact: Dennis Cullinan065 [email protected] RoadEnnisthymonCo. Clare
Cummins Homevalue LtdContact: Richard Cummins094 [email protected] 2 & 3, Claremorris Retail Centre, New StreetBallindine Road, BallinrobeClaremorrisCo. Mayo
D Lynch & Son LtdContact: Dan Lynch090 [email protected]. Patricks StreetPortumnaCo. Galway
Daly Brothers N/E LtdContact: Paddy Kingham042 [email protected] Road Ind EstateDundalkCo. Louth
Deeside Supplies LtdContact: Marie Kerley041 [email protected] StreetArdeeCo. Louth
Dermot Kehoe Supply & DIYContact: Dermot Kehoe051 [email protected] RoadNew RossCo. Wexford
Doherty Hardware LtdContact: Seamus Doherty0505 [email protected] SquareRoscreaCo. Tipperary
Donegal Town Hardware & DIY LtdContact: Martin McGowan074 [email protected] Town Business ParkDrumrooskeCo. Donegal
DPL Group (Dubrovkil)Contact: John Peare01 453 [email protected] Old KilmainhamDublin 8
Drinagh Co-Op LtdContact: Martin O’Mahony028 [email protected]. Cork
Duanes Hardware Builders ProvidersContact: Sean Duane091 [email protected]
EEC Hardware LtdContact: Seamus Ennis01 [email protected] Business ParkBalbrigganCo. Dublin
FHB Shannon LtdContact: John Burke061 [email protected] Ind EstShannonCo. Clare
Flan O’Neill Builders ProviderContact: Flan O’Neill061 [email protected] Ind EstateShannonCo. Clare
Fletcher’s HardwareContact: Elizabeth Fletcher057 8623276j� [email protected] StreetPortarlingtonCo. Laois
Flynn’s of Lackagh LtdContact: Julien Flynn091 797116j� ynn@� ynnso� ackagh.ieLackaghTurloughmoreCo. Galway
Ganly’s Hardware & HeatingContact: Michael Ganly090 [email protected] RoadAthloneCo. Westmeath
General Hardware Supplies LtdContact: Jarlath Mullane1890 [email protected] RoadNewcastle WestCo. Limerick
Glynn’s (Milltown) LtdContact: Liam Glynn093 [email protected]. Galway
Goodwins Lucan LtdContact: Jonathan Goodwin01 [email protected] RoadLucanCo. Dublin
Grafton Merchanting ROIContact: Kieran Burke01 216 [email protected]� eldNaas RoadDublin 22
Grange Builders ProvidersContact: Liam Phelan01 839 [email protected] 25 Baldoyle Industrial EstateGrange Parade, BaldoyleDublin 13
Greene’s Hardware & Farm Supplies LtdContact: Kevin Greene090 [email protected]. Galway
Guest Hardware LtdContact: Bill Guest01 [email protected] StrandBohernabreenaTallaghtDublin 24
HPC GroupContact: Sean Moran01 [email protected] 4 /5, Ballymount Retail CentreBallymount Road UpperDublin 24
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Irish Building Supply Co LtdContact: Declan Macken01 280 [email protected] Patrick StreetDun LaoghaireCo. Dublin
J Dempsey (Hardware) LtdContact: James Dempsey059 [email protected] Tullow StreetCarlowCo. Carlow
J P Brady & Son LtdContact: Andrea Brady049 [email protected] RoadVirginiaCo. Cavan
J P Hopkins & Sons LtdContact: Simon Hopkins0404 [email protected] QuayWicklow Town
J P McKenna & Sons LtdContact: Tony McKenna045 [email protected] RoadClaneCo. Kildare
J R Frazer LtdContact: George Frazer042 [email protected]. Cavan
J V Cummins & Sons LtdContact: Richard Cummins094 [email protected] StreetBallinrobeCo. Mayo
James McMahon LtdContact: John McCabe061 [email protected] HallCoranree, Ashbourne Business ParkDock RoadLimerick
Joe Simon Home Garden BuildContact: Joe Simon071 [email protected]. Roscommon
John Bolger & Co LtdContact: David Bolger053 [email protected]
KCR Builders Providers LtdContact: Dave Gavin01 490 [email protected] Ravensdale DriveKimmageDublin 12
Kelly’s HardwareContact: Laurence Kelly01 [email protected] StDunboyneCo. Meath
Kill Co-Op LtdContact: Ailish Carney049 [email protected]. Cavan
M D O’Shea & Sons LtdContact: Paul O’Shea064 [email protected] Industrial EstatePark RoadKillarneyCo. Kerry
Maddens Stores LtdContact: Peter Madden01 [email protected] StreetDunshaughlinCo. Meath
Martin Carey LtdContact: Michael Carey061 [email protected] SquareNewportCo.Tipperary
McDonogh Trade Centre LtdContact: Brendan Maher091 [email protected] na MineBallybaneGalway
McElligotts LtdContact: Michael McElligott066 [email protected] RoadCastleislandCo. Kerry
McKenna’s ListowelContact: Simon McKenna068 [email protected] StreetListowelCo. Kerry
McKeogh’s Hardware LtdContact: Freddie McInerney061 [email protected]. Clare
McLaughlin Bros Builders ProvidersContact: Oliver McLaughlin074 [email protected] DiamondCarndonaghCo. Donegal
Michael Cooney & Sons LtdContact: Brendan Cooney094 [email protected]. Roscommon
Midland Hardware LtdContact: David Ryan0505 [email protected] StreetRathdowneyCo. Laois
Morris Builders Providers LtdContact: Seamus Reynolds051 [email protected] ManorCork RoadCo. Waterford
Murdock Builder’s MerchantsContact: Ann Morgan+44 28 3026 7626 (NI)[email protected] Industrial EstateRampart RdNewryCo. Down BT34 2QU
N O’Conchubhair TeoContact: Nioclas O’Conchubhair091 [email protected]. Galway
Noel C Duggan LtdContact: Gina Buckley029 [email protected] StreetMillstreetCo. Cork
O’Keefe’s LtdContact: John O’Keefe064 [email protected] StoresRathmoreCo. Kerry
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Oldcastle Co-OpContact: Derek Hetherton049 [email protected] Square, Railway YardOld Castle, OldcastleCo. Meath
Oliver Douglas & Sons LtdContact: Oliver Douglas0505 [email protected] RoadBirrCo. O� aly
Ollie Colohan & Sons LtdContact: Ollie Colohan090 [email protected];Towns ParkBallinasloeCo. Galway
P & T Fitzgerald LtdContact: Paud Fitzgerald066 9151177pt� [email protected] StreetDingleCo. Kerry
P J Kelly LtdContact: Dermot Kelly098 [email protected] RoadWestportCo. Mayo
P J McDaid & Sons LtdContact: Patrick McDaid074 [email protected]. Donegal
Paddy Power & CoContact: Kevin Corcoran051 [email protected] Six Cross RoadsKilberryCo. Waterford
Paul O’Shea & Sons LtdContact: Eddie O’Shea063 [email protected] Mart YardBaker’s RoadCharlevilleCo. Cork
Quirke Builders Providers LtdContact: Matt Quirke066 [email protected]. Kerry
Rathcoole HardwareContact: Gordon Davis01 [email protected] StRathcooleCo. Dublin
S & E Kennedy & Co Ltd.Contact: Melvyn Kennedy056 775 [email protected] 58Hebron Industrial EstateKilkenny
Shannonside Building SuppliesContact: Shane Felle065 [email protected]. Clare
Sheahan’s Hardware LtdContact: Paul Sheahan067 [email protected] SquareNenaghCo. Tipperary
Stakelum’s Hardware LtdContact: Joe Connolly0504 [email protected] Retail ParkRacecourse RoadThurlesCo. Tipperary
T & A Building Supplies Ltd (Tierney & Ahern Building Supplies Ltd)Contact: Pat Ahern021 [email protected] Watercourse RoadBlackrockCo. Cork
T Hennessy & Co LtdContact: Martin Hennessy045 [email protected] StreetBlessingtonCo. Wicklow
T O’Higgins & Co LtdContact: Michael O’Higgins091 [email protected]
Telford (Portlaoise) LtdContact: Liam McEvoy057 [email protected] Industrial EstatePortlaoiseCo. Laois
Telford J E LtdContact: Martin Meade057 [email protected] StreetMountrathCo. Laois
Templecrone Co-Op Ltd (The Cope)Contact: Laurence McDaid074 [email protected]. Donegal
Tim Lodge LtdContact: Tim Lodge046 [email protected] StreetAthboyCo. Meath
Tipperary Co-Op LtdContact: Tom Moher062 [email protected] RoadTipperary TownCo. Tipperary
Topline ArchersContact: Senan Monaghan096 [email protected] RoadBallinaCo. Mayo
Topline BeattysContact: Michael Shiel091 [email protected] StreetLoughreaCo. Galway
Topline BolandsContact: Darren Fogarty0402 [email protected] RoadCroghan Ind EstateArklowCo. Wicklow
Topline BoylesContact: Nigel Boyle066 [email protected]. Kerry
Topline BrownesContact: John Daly066 [email protected]. Kerry
Topline BurtonsContact: Evan Burton029 [email protected] RoadKanturkCo. Cork
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Topline ClearysContact: Robert Cleary01 [email protected] BridgeKilcockCo. Kildare
Topline ConnollysContact: Tom Connolly059 [email protected] StreetBagenalstownCo. Carlow
Topline CurransContact: Austin Curran058 [email protected] Grattan SquareDungarvanCo. Waterford
Topline DoylesContact: John Foley059 [email protected] Business ParkGraiguecullenCo. Carlow
Topline KellehersContact: Ronan Kelleher023 [email protected] HouseBridge PlBandonCo. Cork
Topline McCarthysContact: John McCarthy064 [email protected] Business ParkKillarney RoadKenmareCo. Kerry
Topline McCormacksContact: John McCormack044 [email protected] StreetDelvinCo. Westmeath
Topline McCrearysContact: Maxi McCreary074 [email protected]� ordCo. Donegal
Topline Mullingar HardwareContact: David Andrews044 [email protected] Business ParkMullingarCo. Westmeath
Topline Murphy & O’ConnorContact: Brian O’Keeffe027 50024bokee� [email protected] QuayBantryCo. Cork
Topline MurphysContact: David Murphy044 [email protected] SquareCastlepollardCo. Westmeath
Topline O’ConnorsContact: Tadhg O’Connor069 [email protected] LineRathkealeCo. Limerick
Topline PhelansContact: John Phelan057 [email protected] StreetDurrowCo. Laois
Topline ProvidersContact: Eoin McGinnity043 [email protected] StreetLongfordCo. Longford
Topline Quinns (Baltinglass)Contact: William Quinn059 [email protected] StreetBaltinglassCo. Wicklow
Topline Quinns (Edgeworthstown)Contact: Hugh Quinn043 [email protected] StreetEdgeworthstownCo. Longford
Topline ReynoldsContact: Colm Reynolds071 [email protected] StreetMohillCo. Leitrim
Topline RogersContact: Padraic Rogers071 [email protected]’Connell StreetBallymoteCo. Sligo
Topline RowesContact: Michael Rowe056 [email protected] StreetCastlecomerCo. Kilkenny
Topline TractamotorsContact: Niall Murray049 [email protected] RoadCo. Cavan
Topline WardsContact: John Ward090 [email protected] Go� StreetCo. Roscommon
Topline WilloughbysContact: P J Kenna045 [email protected] StreetMonasterevanCo. Kildare
Traynor’s (Wexford) LtdContact: Conor O’Sullivan053 [email protected] StreetCo. Wexford
Treacy’s Farm & Building SuppliesContact: Anne Treacy056 [email protected] RoadThomastownCo. Kilkenny
Vaughan Supply (Sheila Vaughan Ltd.)Contact: Sheila Vaughan065 [email protected] StreetTullaCo. Clare
Wallace’s of WellingtonbridgeContact: Joseph Wallace051 [email protected]. Wexford
West Cork Building SuppliesContact: Jonas McCarthy023 [email protected] ParkClogheenClonakiltyCo. Cork
Wogans Build CentreContact: Derek Wogan041 [email protected] RoadDroghedaCo. Louth
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Buying Groups & Buying Associations
Allied Merchants Buying AssociationContact: Keith Giblin087 [email protected] Briarhill Business Park, CregaslinBallybrit, Williamstown RoadCastlereaCo. Galway
Amalgamated Hardware plcContact: Hugh O’Donnell045 [email protected] Industrial EstateNaas RdNaasCo. Kildare
United HardwareContact: Patrick Cassidy01 461 [email protected] Drive, Magna Business Park,Citywest RoadCo. Dublin
Distributor/suppliers
ABC Abrasives LtdContact: Adam Barry01 [email protected] 8B ABC HouseMalahide Road Industrial EstateMalahide RoadDublin 17
AEF LtdContact: Derek Byrne01 [email protected] 7 Lock BKingswood Business ParkBaldonnell Road LowerDublin 22
B W Hardware LtdContact: Derek Byrne01 [email protected] Airton RoadTallaghtDublin 24
B&G Quality Home ProductsContact: Tom Cleary01 456 [email protected] E & FGreenhills Industrial EstateDublin 12
Basta LtdContact: Susan Kelly01 [email protected] Harlech GroveClonskeaghDubin 14
Baxi Potterton MysonContact: Paul Clancy01 [email protected] F6 Calmount Park,Calmount RdBallymountDublin 12
Birkdale SalesContact: Raymond Pearce+44 7808 067909 (UK)[email protected] HouseWallingford RoadUxbridge, Middlesex UB8 2RW, UK
Bord na MónaContact: Patricia Mulligan045 439 [email protected] StreetNewbridgeCo. Kildare
Bostik Industries LtdContact: Robert Massey01 [email protected]. Dublin
Bryko LtdContact: Colin Murphy045 [email protected]. Wicklow
Burke Bros Son & Co LtdContact: Tom Burke01 [email protected] LaneNavan RoadAshtownDublin 15
Calor Gas LtdContact: Jennifer Fagan01 [email protected] Long Mile RoadDublin 12
Agri-suppliers
Farm ShopContact: Raymond White053 [email protected] RoadEnniscorthyCo. Wexford
Fingal Farm SuppliesContact: Mark Corbally01 8433805sales@� hg.ieWestpalstownOldtownCo. Dublin
Gardiner Grain LtdContact: Noreen Kelly053 [email protected] MillGoreyCo.Wexford
J Grennan & SonsContact: John Grennan057 [email protected]. O� aly
Rooney’s Homevalue Agri & HardwareContact: Brendan Rooney046 [email protected] 47 Kells Business ParkCavan RoadKellsCo. Meath
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Canadia Distributors LtdContact: Charlie Hamilton01 [email protected] Second AvenueCookstown Industrial EstateDublin 24
CCECContact: Declan Byrne01 [email protected] CrescentClondalkin Industrial EstateDublin 22
Classic Hardware LtdContact: Paul O’Brien01 [email protected] Broomhill RoadTallaghtDublin 24
ColourtrendContact: Liam Holland01 628 [email protected] RoadCelbridgeCo. Kildare
Contech Building Products LtdContact: Olly Dunne01 629 [email protected] F12 Maynooth Business CampusMaynoothCo. Kildare
Corry’s Ironmongery LtdContact: David MacNeaney01 [email protected] 6, Block BKingswood Business ParkLower Baldonnell RoadDublin 22
CPL Fuels Ireland LtdContact: Niall McGuinness042 935 [email protected] Jocelyn PlaceDundalkCo. Louth
Crown Paints (Ire) LtdContact: Padraic Timlin01 [email protected] RoadCoolockDublin 17
D S Supplies LtdContact: Derek Doyle01 401 [email protected];Unit 650, Jordanstown AvenueGreenogue Business ParkRathcooleCo. Dublin
Dargan Tools LtdContact: John Dargan059 [email protected] Business ParkTullow RoadCo. Carlow
Deanta DoorsContact: Paul Swaine066 [email protected]. Kerry
Dominic Fleming ElectricalContact: Cathal Fleming01 [email protected] Damastown WalkDamastown Industrial EstateDublin 15
Dooleys TimberContact: Padraig Dooley059 [email protected]. Carlow
Dosco LtdContact: Roger Cleary021 [email protected] Douglas RoadCork
Dulux Paints Ireland LtdContact: Seamus O’Donoghue01 [email protected] J South City Business ParkKillinarden, TallaghtDublin 24
Dycon LtdContact: Niall Barry01 [email protected] Industrial EstateKilcooleCo. Wicklow
Earthridge International LtdContact: Kevin Barrett01 [email protected]. Kildare
Eurometals LimitedContact: Bernie Joy01 [email protected] RoadSaggartCo. Dublin
FF Group Tool IndustriesContact: Les Ashley0404 66943les@� group-toolindustries.com64 Marlton ParkWicklow Town
Firebird Heating SolutionsContact: Mark Doyle026 45253mark.doyle@� rebird.ieUdaras Industrial EstateBaile Mhic IreCo. Cork
Fleetwood Paints LtdContact: Conor Doyle049 8547209jackie@� eetwood.ieBallaghaneaVirginiaCo. Cavan
Flogas Ireland LtdContact: John Rooney041 9831041info@� ogas.ieKnockbrack House, Matthews LaneDonore RoadDroghedaCo. Louth
Fortune LtdContact: Aidan Rheinisch01 [email protected] Grants DriveGreenogue Business ParkRathcooleCo. Dublin
Galco Steel LtdContact: Ed Byrne01 [email protected] HouseBallymount Road LowerDublin 12
Grundfos (Ireland) LtdContact: Gordon Barry01 [email protected] A Merrywell Business ParkLr Ballymount RoadDublin 12
Hafele Ireland LtdContact: Mick Smith01 287 [email protected] Industrial EstateBóthar an Chaislean NuaCo. Wicklow
Halo Tiles & BathroomsContact: Patrick Doyle053 [email protected] StreetCamolinEnniscorthyCo. Wexford
Height for HireContact: Frances McArdle01 [email protected] Business CentreBallybin RoadAshbourneCo. Meath
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MEMBERS’ DIRECTORY
61WWW.HARDWAREASSOCIATION.IE
Henley StovesContact: Shane Delaney066 [email protected] Joe Sheehy Road,CurraheenTraleeCo. Kerry
Hygeia Group LtdContact: Brendan Galvin091 [email protected]. Galway
Ideal Standard (Ireland)Contact: John Andrews01 [email protected] Floor, Unit 3013 Lake DriveCitywestDublin 24
IKOContact: Ray Savage01 885 [email protected] 502 Northwest Business ParkBallycoolinDublin 15
Independent Fencing LtdContact: Enda O’Donnell01 458 [email protected] 3 CastlebaggotNewcastleCo. Dublin
Interlock Hardware LtdContact: Russell Shannon01 [email protected] Door Control, Monaloe HouseClonkeen RoadDeansgrangeCo. Dublin
IQ SuppliesContact: David Crosbie01 [email protected] 706, Phase 4 Northwest Business ParkBallycoolinDublin 15
Irish Abrasives LtdContact: Jim Cuddy01 [email protected] Western Parkway Business CentreDublin 12
Irish International TradingContact: Barry Murphy021 [email protected] RoadCork
Irish Wire ProductsContact: Noel Stapleton061 [email protected] RoadLimerick
J B Key Co LtdContact: Joe McShane01 [email protected]/B9 Greenogue Industrial EstateRathcooleCo. Dublin
J D Roberts Agencies LtdContact: John Roberts01 [email protected] RdSandyfordDublin 18
J Murphy (Ballina) LtdContact: Joe Jennings085 [email protected] RdBallinaCo. Mayo
John Murphy (Castlerea) LtdContact: Andrew Heavey094 [email protected] Business Pk, IDA Industrial EstateThe DemesneCastlereaCo. Roscommon
John Stafford & Sons LtdContact: Brendan Stafford053 9367246brendan@sta� ord.ie4 Newtown Business ParkFernsCo. Wexford
Kellys of FantaneContact: Lorraine Fanning0504 52118admin@ko� ntl.comFantaneBorrisoleighThurlesCo. Tipperary
Keypoint AbrasivesContact: Maria O’Sullivan01 [email protected] -18 Keypoint Business ParkBallycoolin RoadDublin 11
Kitchen Accessories LtdContact: Richard Broderick01 [email protected] Kingswood RoadCitywest Business CampusDublin 24
Kohler Mira LtdContact: Wayne Evans01 531 [email protected] Peyton CloseRathcooleCo. Dublin
Larsen Building Products (Ireland) LtdContact: Sean Moohan01 [email protected] WardCo. Dublin
Laydex LtdContact: Gerard Callan01 [email protected] 3 Allied Industrial EstateKylemore RoadDublin 10
Locks & Hardware LtdContact: Conor Pitts01 [email protected] B Merrywell Business ParkLower Ballymount Road, BallymountDublin 12
MacCann & Byrne LtdContact: Tom Barbour046 [email protected] StreetAthboyCo. Meath
Mark John LtdContact: Karen Kavanagh01 456 [email protected] 50c Robinhood Industrial EstateRobinhood RoadDublin 22
McLoughlin R.S.Contact: Kieran McLoughin01 [email protected] 5 Nothern Cross Business PkNorth RoadFinglas
Metal Processors LimitedContact: Gary Smyth01 [email protected] RoadClondalkinDublin 22
Mulberry StovesContact: Gill Walsh051 [email protected] Business ParkBallyhaleCo. Kilkenny
N and C EnterprisesContact: Joe Gavin045 [email protected]. Kildare
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NAD National Agrochemical DistributorsContact: Liam MacMahon01 843 [email protected] CrossLuskCo. Dublin
Origo (Beaver Distribution)Contact: Joe Cunniam01 [email protected] Drive, Magna Business ParkCitywestDublin 24
P C Henderson (Ire) LtdContact: Paul Mooney01 [email protected] Link Industrial EstateKylemore RoadDublin 10
Pipelife Ireland LimitedContact: Gerard Healy021 [email protected]’s CrossCork
PortwestContact: Rachel Davoren098 [email protected] House, Westport Business & Technology ParkWestportCo. Mayo
PPG Architectural Coatings Ireland LtdContact: Niall Russ01 [email protected] C, N1 Industrial EstateSwordsCo. Dublin
Quinn Building ProductsContact: Paddy Mohan048 67748866 (NI)[email protected]. Fermanagh BT92 9AU
Quintus PropertiesContact: Edel Hackett071 [email protected] Ind EstateThe Back AveCleveragh, Co. Sligo
Rawlplug Ireland LtdContact: Paul McCormack041 [email protected] 10 Donore Business ParkDonore RoadDrogheda, Co. Louth
Reisser Ireland LtdContact: James Barrett057 933 [email protected] 7 Midland Gateway Business ParkKilbegganCo. Westmeath
Rhino Industrial LtdContact: Niall Byrne01 [email protected] 14Naas Road Business ParkMuir� eld DriveDublin 12
Ronseal (Ireland) LtdContact: Patrick Byrnes01 [email protected] Floor, Oak HouseLeopardstown O� ce ParkDublin 18
Sanbra Fyffe LtdContact: Noel Conroy01 842 [email protected] WorksSantry AvenueDublin 9
Sharp Distributors LtdContact: Liz Stowe01 [email protected] LaneNavan RoadAshtownDublin 15
Sika Everbuild IrelandContact: Matthew O’Dell01 [email protected] HouseBallymun Industrial EstateDublin 11
Snickers (Tradewear) LtdContact: David Macken01 [email protected] B5 Calmount Business ParkBallymountDublin 12
Solus Bulbs & BatteriesContact: Mark Corrigan01 [email protected] LaneNaas RoadDublin 12
Stafford Fuels LtdContact: Andy Maher051 422288andy.maher@sta� ordfuels.ieRaheenNew RossCo. Wexford
T P Whelehan & Co LtdContact: Alan Kelly01 [email protected] 11 Bunkilla PlazaBracetown Business ParkCloneeDublin 15
T W ClarkeContact: Willie Clarke01 [email protected] D2BBluebell Industrial EstateDublin 12
The Velux Company LtdContact: Chris Foy01 [email protected] 1 Willsborough ClusterWillsborough Ind EstClonshaughDublin 17
Timber Marketing ServicesContact: Joe Flynn01 8408388joe.� [email protected] Town Centre MallSwordsCo. Dublin
TIMco (Ireland)Contact: John Mackin047 [email protected] HouseHill StreetMonaghan
ToolbankContact: Kevin Carver+44 1392 888957 (UK)[email protected] House, Bittern RoadSowton Industrial EstateExeter, Devon EX2 7LW, UK
Tucks FastenersContact: Gary Hogan01 [email protected] 10 Century Business ParkSt Margaret’s Road, FinglasDublin 11
Tucks O’Brien LtdContact: Donal Moulton01 [email protected] Magna Drive, Magna Business ParkCitywest RoadDublin 24
Uppercross Enterprises LtdContact: Alex Taylor01 400 [email protected] Broomhill Business ComplexTallaghtDublin 24
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MEMBERS’ DIRECTORY
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Usher Bathroom FurnishingsContact: Richard Sloan01 [email protected] Kilshane Ave, Northwest Business ParkPhase 3, BallycoolinDublin 15
Watersave IrelandContact: Martin Lane025 [email protected] Upper Cork StreetMitchelstownCo. Cork
Wogan DistributorsContact: Bernard Wogan041 [email protected] StreetDunleerCo.Louth
ARC Building ProductsContact: David Orr0402 [email protected] Business & Technology ParkBallynattinArklowCo. Wicklow
Boru StovesContact: Dermot Fitzgerald0504 [email protected] HouseTemplemore Road, ThurlesCo. Tipperary
BRC McMahon LtdContact: Gerard Dee062 [email protected] RoadTipperary TownCo. Tipperary
Ecocem Irl LtdContact: Conor O’Riain01 678 [email protected] East Point O� ce ParkDublin 3
Gypsum Industries LimitedContact: Kieran Holohan01 [email protected] 4, Kilcarbery Business ParkNangor RoadDublin 22
I S Varian & Co LtdContact: Alan Walker01 [email protected] 1 Greenhills Ind EstateGreenhills Road, WalkinstownDublin 12
Irish Cement LtdContact: Ray Molyneaux041 [email protected]. Louth
Jefferson Professional Tools & EquipmentContact: Darren Binns+44 28 295 40300 (NI)darren.binns@je� ersontools.com14 Drumagarner RoadKilreaColeraine, Co. Derry BT51 5TB
Kilsaran ConcreteContact: Derry McKeown01 [email protected]. Meath
Kingspan InsulationContact: Jim Loughran042 [email protected] Industrial EstateCastleblayneyCo. Monaghan
Lagan Cement LtdContact: Jonathan Tiernan044 [email protected]. Westmeath
OHRA Regalanlagen GmbHContact: Klaus Raaf+49 1723970126 (Germany)[email protected] 24-44D-50169 KerpenGermany
SiniatContact: Paul Olney+44 7964086792 (UK)[email protected] LaneEaston-in-GordanoBristol BS20 UNF, UK
Tegral Building Products LtdContact: Paddy Kelly059 [email protected] RoadAthyCo. Kildare
True Temper LimitedContact: Niall Nugent021 [email protected]’s CrossCork
Waterford Stanley LtdContact: Owen Power051 [email protected] 210 Waterford Industrial EstateCork RoadWaterford
Wavin Pipes LtdContact: Michael O’Donohoe01 802 [email protected] RoadBalbrigganCo. Dublin
XtrathermContact: John Keegan046 [email protected] Industrial EstateKells RoadNavanCo. Meath
Manufacturers
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HARDWARE ASSOCIATION IRELAND
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Albany Home Décor (Castlebar)Contact: Sean McGuinness094 [email protected] Retail ParkMcHale RoadCastlebar, Co. Mayo
Albany Home Décor (Monaghan)Contact: Patrick McAdam047 [email protected] Market StreetCo. Monaghan
Brady’s HomecareContact: Kevin Brady01 [email protected] RoadGreystonesCo. Wicklow
Lynch’s Paint & WallpaperContact: Padraig Lynch071 [email protected] on ShannonCo. Leitrim
MFG (Drogheda) Ltd T/as Murtaghs of DroghedaContact: Barry Murtagh041 [email protected] Fair GreenDroghedaCo. Louth
Paint Rite LtdContact: Martina Farrell091 [email protected] Retail ParkHeadford RoadCo. Galway
Pat McDonnell Paint Sales LtdContact: Richard Bradfield021 4320200rbrad� [email protected] PointCentre Park RoadCork
Shanahan PaintsContact: Leonard Shanahan061 718 [email protected]
Stevenson’s Home DecorContact: Bernard Stevenson045 [email protected] 8/12 Ballymany Shopping CentreNewbridgeCo Kildare
Intact SoftwareContact: Mark McArdle042 933 [email protected] 12 -15 Blackthorn Business ParkCoes RoadDundalkCo. Louth
Profile Technology LtdContact: John O’Donnell1800 [email protected] Business ParkFinisklinCo. Sligo
Documation LtdContact: Bill McConnell01 [email protected] City Business CentreTallaghtDublin 24
Paint Specialist
Support Services
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CB Hardware Annual Report 2016.indd 65 24/06/2016 11:35
BUILDING FOR THE FUTURE
At Everbuild – A Sika®Company we are passionate about the Everbuild and Sika® branded products we produce and have always worked on the simple premise that Trade Users will only come back for good products, so that’s what we make.
99% deep stock availability. Sophisticated NPD laboratory.
Sika® Ireland LimitedSika® House, Ballymun Industrial Estate, Dublin 11, Ireland
Tel: 01 862 0709 | Fax: 01 862 0707 | e-mail: [email protected] | website: www.everbuild.eu
7481 Everbuild-Sika_BuildingFuture Ad_A4.indd 1 20/06/2016 11:00
MARGARET ANDREUCETTI
BOOK YOUR STAND TODAY
5 – 6 MARCH 2017RDS SIMMONSCOURT, DUBLIN
T: + 353 (0) 1 846 0020M: + 353 (0) 86 055 4181E: [email protected]
THE PREMIER HARDWARE SHOW IN 2017
Eventhause (ShowAd) A4.indd 1 25/01/2016 12:59CB Hardware Annual Report 2016.indd 66 24/06/2016 11:35
BUILDING FOR THE FUTURE
At Everbuild – A Sika®Company we are passionate about the Everbuild and Sika® branded products we produce and have always worked on the simple premise that Trade Users will only come back for good products, so that’s what we make.
99% deep stock availability. Sophisticated NPD laboratory.
Sika® Ireland LimitedSika® House, Ballymun Industrial Estate, Dublin 11, Ireland
Tel: 01 862 0709 | Fax: 01 862 0707 | e-mail: [email protected] | website: www.everbuild.eu
7481 Everbuild-Sika_BuildingFuture Ad_A4.indd 1 20/06/2016 11:00
MARGARET ANDREUCETTI
BOOK YOUR STAND TODAY
5 – 6 MARCH 2017RDS SIMMONSCOURT, DUBLIN
T: + 353 (0) 1 846 0020M: + 353 (0) 86 055 4181E: [email protected]
THE PREMIER HARDWARE SHOW IN 2017
Eventhause (ShowAd) A4.indd 1 25/01/2016 12:59 CB Hardware Annual Report 2016.indd 67 24/06/2016 11:35
THE BUILDERS BRANDSealants, Adhesives, Fillers and Building Chemicals
Sika® Ireland LimitedSika® House, Ballymun Industrial Estate, Dublin 11, Ireland
Tel: 01 862 0709 | Fax: 01 862 0707 | e-mail: [email protected] | website: www.everbuild.eu
7481 Everbuild-Sika_BuildersBrand Ad_A4.indd 1 16/06/2016 14:14CB Hardware Annual Report 2016.indd 68 24/06/2016 11:35