Maltbys' Stores 1904 Limited

Registered Number: 11515830 Maltbys' Stores 1904 Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2023 £
Fixed assets
Intangible fixed assets	3	240,522	338,922
Tangible fixed assets	4	75,222	67,037
		315,744	405,959
Current assets
Stocks	5	2,188,397	885,666
Debtors	6	317,379	58,702
Cash at bank and in hand		93,892	1,051,464
		2,599,668	1,995,832
Creditors: amount falling due within one year	7	(1,650,324)	(1,448,467)
Net current assets		949,344	547,365

Total assets less current liabilities		1,265,088	953,324
Provisions for liabilities	8	(11,854)	(9,776)
Net assets		1,253,234	943,548

Capital and reserves
Called up share capital		100	100
Profit and loss account		1,253,134	943,448
Shareholders' funds		1,253,234	943,548

For the period ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 10 September 2025 and were signed on its behalf by:

-------------------------------
Paul Maltby
Director

Maltbys' Stores 1904 Limited
Notes to the Financial Statements
For the Period 01 January 2024 to 31 March 2025

General Information

Maltbys' Stores 1904 Limited is a private company, limited by shares, registered in England and Wales, registration number 11515830, registration address 521 Hessle Road, Hull, East Yorkshire, HU3 4UD.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	20% Straight Line
Computer Equipment	33% Straight Line

2.	Average number of employees Average number of employees during the period was 41 (2023 : 39).

Intangible fixed assets

Cost	Goodwill is to be amortised over 10 years	Other intangibles are to be amortised over 3 years	Total
	£	£	£
At 01 January 2024	680,000	26,800	706,800
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	680,000	26,800	706,800
Amortisation
At 01 January 2024	362,667	5,211	367,878
Charge for period	85,000	13,400	98,400
On disposals	-	-	-
At 31 March 2025	447,667	18,611	466,278
Net book values
At 31 March 2025	232,333	8,189	240,522
At 31 December 2023	317,333	21,589	338,922

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 January 2024	25,544	146,274	12,183	184,001
Additions	-	38,456	-	38,456
Disposals	-	(850)	-	(850)
At 31 March 2025	25,544	183,880	12,183	221,607
Depreciation
At 01 January 2024	16,467	90,360	10,137	116,964
Charge for period	2,837	24,644	1,940	29,421
On disposals	-	-	-	-
At 31 March 2025	19,304	115,004	12,077	146,385
Net book values
Closing balance as at 31 March 2025	6,240	68,876	106	75,222
Opening balance as at 01 January 2024	9,077	55,914	2,046	67,037

Stocks

	2025 £		2023 £
Stocks	2,188,397		885,666
	2,188,397		885,666

Debtors: amounts falling due within one year

	2025 £	2023 £
Trade Debtors	212,870	29,233
Prepayments & Accrued Income	26,738	11,550
Other Debtors	39,900	17,919
VAT	37,871	0
	317,379	58,702

Creditors: amount falling due within one year

	2025 £	2023 £
Trade Creditors	357,298	139,152
Corporation Tax	155,845	113,008
PAYE & Social Security	18,411	0
Accrued Expenses	330,434	249,072
Other Creditors	785,133	690,082
Directors' Current Accounts	3,203	405
VAT	0	256,748
	1,650,324	1,448,467

Provisions for liabilities

	2025 £		2023 £
Deferred Tax	11,854		9,776
	11,854		9,776

Registered Number: 11515830
England and Wales
Unaudited Financial Statements

for the period ended 31 March 2025
for
MALTBYS' STORES 1904 LIMITED