Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 false holding company 2 1 false true false 15049578 2024-04-01 2025-03-31 15049578 2023-08-04 2024-03-31 15049578 2025-03-31 15049578 2024-03-31 15049578 c:Director1 2024-04-01 2025-03-31 15049578 c:Director2 2024-04-01 2025-03-31 15049578 d:Buildings 2024-04-01 2025-03-31 15049578 d:Buildings 2025-03-31 15049578 d:Buildings 2024-03-31 15049578 d:Buildings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 15049578 d:PlantMachinery 2024-04-01 2025-03-31 15049578 d:PlantMachinery 2025-03-31 15049578 d:PlantMachinery 2024-03-31 15049578 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 15049578 d:MotorVehicles 2024-04-01 2025-03-31 15049578 d:MotorVehicles 2025-03-31 15049578 d:MotorVehicles 2024-03-31 15049578 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 15049578 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 15049578 d:CurrentFinancialInstruments 2025-03-31 15049578 d:CurrentFinancialInstruments 2024-03-31 15049578 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 15049578 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 15049578 d:ShareCapital 2025-03-31 15049578 d:ShareCapital 2024-03-31 15049578 d:RetainedEarningsAccumulatedLosses 2025-03-31 15049578 d:RetainedEarningsAccumulatedLosses 2024-03-31 15049578 c:OrdinaryShareClass1 2024-04-01 2025-03-31 15049578 c:OrdinaryShareClass1 2025-03-31 15049578 c:OrdinaryShareClass2 2024-04-01 2025-03-31 15049578 c:OrdinaryShareClass2 2025-03-31 15049578 c:FRS102 2024-04-01 2025-03-31 15049578 c:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 15049578 c:FullAccounts 2024-04-01 2025-03-31 15049578 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 15049578 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-04-01 2025-03-31 15049578 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-03-31 15049578 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-03-31 15049578 6 2024-04-01 2025-03-31 15049578 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15049578 MUNFORD & SONS GROUP LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
MUNFORD & SONS GROUP LTD CONTENTS
| Page
Accountants' Report | 1
Balance Sheet | 2 - 3
Notes to the Financial Statements | 4 - 8
MUNFORD & SONS GROUP LTD CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MUNFORD & SONS GROUP LTD FOR THE YEAR ENDED 31 MARCH 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Munford & Sons Group Ltd for the year ended 31 March 2025 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation. This report is made solely to the Board of Directors of Munford & Sons Group Ltd, as a body, in accordance with the terms of our engagement letter dated 11 September 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Munford & Sons Group Ltd and state those matters that we have agreed to state to the Board of Directors of Munford & Sons Group Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Munford & Sons Group Ltd and its Board of Directors, as a body, for our work or for this report. It is your duty to ensure that Munford & Sons Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Munford & Sons Group Ltd. You consider that Munford & Sons Group Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the financial statements of Munford & Sons Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. MA Partners LLP Chartered Accountants 7 The Close Norwich Norfolk NR1 4DJ 19 November 2025 Page 1
MUNFORD & SONS GROUP LTD REGISTERED NUMBER: 15049578 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 297,003 |  | 174,361
Investments | 5 |  | 300 |  | 300
|  |  | 297,303 |  | 174,661
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 416,991 |  | - |
Cash at bank and in hand |  | 18,996 |  | 1,926 |
|  | 435,987 |  | 1,926 |
Creditors: amounts falling due within one year | 7 | (107,136) |  | (180,980) |
Net current assets/(liabilities) |  |  | 328,851 |  | (179,054)
Total assets less current liabilities |  |  | 626,154 |  | (4,393)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (18,288) |  | (797) |
|  |  | (18,288) |  | (797)
Net assets/(liabilities) |  |  | 607,866 |  | (5,190)
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 200 |  | 200
Profit and loss account |  |  | 607,666 |  | (5,390)
|  |  | 607,866 |  | (5,190)
Page 2
MUNFORD & SONS GROUP LTD REGISTERED NUMBER: 15049578 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 November 2025.
Mr M Munford | Mrs A Munford
Director | Director
The notes on pages 4 to 8 form part of these financial statements. Page 3
MUNFORD & SONS GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
The Company is a private United Kingdom company limited by shares. It is both incorporated and domiciled in England and Wales. The address of its registered office is Southburgh House, High Common Road, Southburgh, Thetford, IP25 7SU. The principle place of trade is Southburgh. The company's principal activity is that of a holding company. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Rendering of services Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Pensions
The company operates a defined contribution plan for the benefit of its employees. Contributions are expenses as they become payable.
| 2.4 | Deferred taxation
The tax expense for the year comprises deferred tax. Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Page 4
MUNFORD & SONS GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Freehold land and property | - |  | Not depreciated
|  |  |  | Plant and machinery | - | 20% | Reducing balance
|  |  |  | Motor vehicles | - | 20% | Reducing balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.6 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.8 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 5
MUNFORD & SONS GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024:1).
Page 6
MUNFORD & SONS GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Freehold land and property | Plant and machinery | Motor vehicles | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 April 2024 | 171,174 | 3,984 | - | 175,158
| Additions | 29,907 | 53,834 | 66,200 | 149,941
| Disposals | - | (3,318) | - | (3,318)
| At 31 March 2025 | 201,081 | 54,500 | 66,200 | 321,781
| Depreciation |  |  |  |
| At 1 April 2024 | - | 797 | - | 797
| Charge for the year on owned assets | - | 10,741 | 13,240 | 23,981
| At 31 March 2025 | - | 11,538 | 13,240 | 24,778
| Net book value |  |  |  |
| At 31 March 2025 | 201,081 | 42,962 | 52,960 | 297,003
| At 31 March 2024 | 171,174 | 3,187 | - | 174,361
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 April 2024 | 300
| At 31 March 2025 | 300
Page 7
MUNFORD & SONS GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 26,385 | -
| Amounts owed by group undertakings | 363,820 | -
| Other debtors | 24,469 | -
| Prepayments and accrued income | 2,317 | -
|  | 416,991 | -
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 11,126 | -
| Amounts owed to group undertakings | 58,401 | 158,359
| Other creditors | 35,359 | 21,121
| Accruals and deferred income | 2,250 | 1,500
|  | 107,136 | 180,980
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 140 Ordinary A shares of £1.00 each | 140 | 140
|  | 60 Ordinary B shares of £1.00 each | 60 | 60
|  |  | 200 | 200
9. | Related party transactions
The balance on the directors' loan account as at 31 March 2025 was £35,359 (2024: £21,120) owing to the directors from the company and is included in other creditors note 7 above. Interest of £219 was charged at a rate of 2.25% on the overdrawn balances. The loan is repayable on demand.
Page 8