REGISTERED NUMBER: 03161390 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

S & C Muff Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S G Muff

C A Muff

J Muff

REGISTERED OFFICE:

The Cross

Bromborough

Wirral

CH62 7HQ

REGISTERED NUMBER:

03161390 (England and Wales)

ACCOUNTANTS:

Opus Accountancy Limited

Bretton House

Bell Meadow Business Park

Pulford

Chester

Cheshire

CH4 9EP

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

185,014

209,266

185,014

209,266

CURRENT ASSETS

Inventories

12,000

8,500

Debtors

6

10,498

19,475

Cash at bank and in hand

193,390

116,401

215,888

144,376

CREDITORS

Amounts falling due within one year

7

69,401

84,837

NET CURRENT ASSETS

146,487

59,539

TOTAL ASSETS LESS CURRENT LIABILITIES

331,501

268,805

CREDITORS

Amounts falling due after more than one year

8

(22,332

)

(26,864

)

PROVISIONS FOR LIABILITIES

(12,400

)

(16,962

)

NET ASSETS

296,769

224,979

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

296,669

224,879

296,769

224,979

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2025 and were signed on its behalf by:

J Muff - Director

S G Muff - Director

1.	STATUTORY INFORMATION

S & C Muff Limited 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

2.8% Straight Line

Fixtures and fittings

-

15% Straight Line

Motor vehicles

-

25% Straight Line

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 13 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

25,000

AMORTISATION

At 1 April 2024

and 31 March 2025

25,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

183,096

206,082

39,759

428,937

Additions

-

255

1,745

2,000

At 31 March 2025

183,096

206,337

41,504

430,937

DEPRECIATION

At 1 April 2024

46,535

169,823

3,313

219,671

Charge for year

5,127

10,749

10,376

26,252

At 31 March 2025

51,662

180,572

13,689

245,923

NET BOOK VALUE

At 31 March 2025

131,434

25,765

27,815

185,014

At 31 March 2024

136,561

36,259

36,446

209,266

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

8,907

7,707

Other debtors

1,591

11,768

10,498

19,475

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

3,396

44,671

Taxation and social security

58,016

20,669

Other creditors

7,989

19,497

69,401

84,837

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

22,332

26,864