REGISTERED NUMBER: 03358714 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MAIDENBOWER SHEETMETAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Goodey

REGISTERED OFFICE:

Second Floor Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

REGISTERED NUMBER:

03358714 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Horsham) Limited

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

FIXED ASSETS

Tangible assets

4

159,795

92,737

CURRENT ASSETS

Stocks

13,996

13,996

Debtors

5

314,797

321,634

Cash at bank

20,231

39,379

349,024

375,009

CREDITORS

Amounts falling due within one year

6

301,638

306,745

NET CURRENT ASSETS

47,386

68,264

TOTAL ASSETS LESS CURRENT LIABILITIES

207,181

161,001

CREDITORS

Amounts falling due after more than one year

7

(139,941

)

(83,043

)

PROVISIONS FOR LIABILITIES

(30,361

)

(23,184

)

NET ASSETS

36,879

54,774

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

36,877

54,772

36,879

54,774

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 director acknowledges his 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 director and authorised for issue on 4 December 2025 and were signed by:

M Goodey - Director

1.	STATUTORY INFORMATION

Maidenbower Sheetmetal 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation,

net of depreciation and any impairment losses.

Stocks

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

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.

Employee 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 6 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

72,347

3,950

107,354

9,241

192,892

Additions

-

-

118,209

279

118,488

Disposals

(2,643

)

(2,115

)

(31,279

)

(5,553

)

(41,590

)

At 31 March 2025

69,704

1,835

194,284

3,967

269,790

DEPRECIATION

At 1 April 2024

44,347

2,531

45,334

7,943

100,155

Charge for year

6,963

201

30,470

938

38,572

Eliminated on disposal

(2,494

)

(1,499

)

(19,371

)

(5,368

)

(28,732

)

At 31 March 2025

48,816

1,233

56,433

3,513

109,995

NET BOOK VALUE

At 31 March 2025

20,888

602

137,851

454

159,795

At 31 March 2024

28,000

1,419

62,020

1,298

92,737

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

270,856

311,668

Amounts owed by group undertakings

2,266

2,266

Other debtors

41,675

7,700

314,797

321,634

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

49,875

10,120

Hire purchase contracts

25,049

26,286

Trade creditors

203,415

221,346

Taxation and social security

22,477

48,030

Other creditors

822

963

301,638

306,745

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,281

15,656

Hire purchase contracts

134,660

67,387

139,941

83,043