REGISTERED NUMBER: 03397325 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HENRY MARTIN & SONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

M G Rowlingson

M Rowlingson

Secretary:

Ms C M Canfield

Registered office:

Lawley House

Butt Road

Colchester

Essex

CO3 3DG

Registered number:

03397325 (England and Wales)

Accountants:

Baverstocks Limited

Chartered Certified Accountants

Dickens House

Guithavon Street

Witham

Essex

CM8 1BJ

Bankers:

Bank Of Scotland

600 Gorgie Road

Edinburgh

Midlothian

EH11 3XP

Fixed assets

Tangible assets

4

86,557

32,443

Investment property

5

-

215,000

86,557

247,443

Current assets

Stocks

37,902

33,313

Debtors

6

496,260

377,409

Cash at bank

1,543,620

1,383,565

2,077,782

1,794,287

Creditors

Amounts falling due within one year

7

253,483

315,510

Net current assets

1,824,299

1,478,777

Total assets less current liabilities

1,910,856

1,726,220

Provisions for liabilities

8,463

16,275

Net assets

1,902,393

1,709,945

Capital and reserves

Called up share capital

154

154

Non-distributable reserve

8

-

76,126

Capital redemption reserve

100

100

Retained earnings

1,902,139

1,633,565

Shareholders' funds

1,902,393

1,709,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2025 and were signed on its behalf by:

M G Rowlingson - Director

1.	Statutory information

Henry Martin & Sons Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and Machinery

-

15% on reducing balance

Fixtures and Fittings

-

15% on reducing balance

Motor Vehicles

-

15% on reducing balance

Office Equipment

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 9 (2024 - 11 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Motor

Office

Machinery

Fittings

Vehicles

Equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

27,091

4,676

16,301

30,788

78,856

Additions

26,476

-

36,985

361

63,822

At 31 March 2025

53,567

4,676

53,286

31,149

142,678

Depreciation

At 1 April 2024

17,326

4,069

3,180

21,838

46,413

Charge for year

3,515

91

4,749

1,353

9,708

At 31 March 2025

20,841

4,160

7,929

23,191

56,121

Net book value

At 31 March 2025

32,726

516

45,357

7,958

86,557

At 31 March 2024

9,765

607

13,121

8,950

32,443

5.	Investment property

Total

£

Cost

At 1 April 2024

215,000

Disposals

(215,000

)

At 31 March 2025

-

Net book value

At 31 March 2025

-

At 31 March 2024

215,000

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade Debtors

151,587

198,618

Other Debtors

280,736

149,735

Tax

-

4,000

VAT

17,009

-

Prepayments and Accrued Income

46,928

25,056

496,260

377,409

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade Creditors

156,404

179,392

Corporation Tax

75,497

79,582

Social Security and Other

Taxes

9,231

48,867

Other Creditors

8,156

3,474

Directors Current Accounts

95

95

Accruals and Deferred Income

4,100

4,100

253,483

315,510

8.

Reserves

Non-distribu

reserve

£

At 1 April 2024

76,126

Transfer of revaluation and

deferred tax on investment

properties

(76,126

)

At 31 March 2025

-