Company Registration No. 00954251 (England and Wales)
MAAN & SONS LIMITED
Unaudited accounts
for the year ended 31 March 2025
MAAN & SONS LIMITED
Unaudited accounts
Contents
MAAN & SONS LIMITED
Company Information
for the year ended 31 March 2025
Directors
S S MAAN
G K MAAN
A S MAAN
R K MANN
M K JIVAN MAAN
Company Number
00954251 (England and Wales)
Registered Office
80 NEAL STREET
COVENT GARDEN
LONDON
WC2H 9PA
Accountants
G Finlay & Co
North London Business Park
Building 3
Oakleigh Road South
LONDON
N11 1GN
MAAN & SONS LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
7,954,401
7,962,367
Cash at bank and in hand
55,374
104,572
Creditors: amounts falling due within one year
(791,053)
(724,007)
Net current liabilities
(544,624)
(424,933)
Total assets less current liabilities
7,409,777
7,537,434
Creditors: amounts falling due after more than one year
(866,429)
(1,175,199)
Provisions for liabilities
Deferred tax
(563,699)
(563,699)
Net assets
5,979,649
5,798,536
Called up share capital
67
67
Revaluation reserve
1,715,098
1,715,098
Capital redemption reserve
33
33
Capital contribution reserve
1,533,334
1,533,334
Profit and loss account
2,731,117
2,550,004
Shareholders' funds
5,979,649
5,798,536
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by
S S MAAN
Director
Company Registration No. 00954251
MAAN & SONS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
MAAN & SONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00954251. The registered office is 80 NEAL STREET, COVENT GARDEN, LONDON, WC2H 9PA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Intangible fixed assets
Goodwill
MAAN & SONS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
7,921,163
262,397
48,790
370,010
8,602,360
Additions
-
23,270
-
-
23,270
At 31 March 2025
7,921,163
285,667
48,790
370,010
8,625,630
At 1 April 2024
60,469
226,186
24,776
328,562
639,993
Charge for the year
-
14,871
6,003
10,362
31,236
At 31 March 2025
60,469
241,057
30,779
338,924
671,229
At 31 March 2025
7,860,694
44,610
18,011
31,086
7,954,401
At 31 March 2024
7,860,694
36,211
24,014
41,448
7,962,367
Amounts falling due within one year
Trade debtors
40,699
58,826
Other debtors
143,956
127,876
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
389,492
395,011
Trade creditors
57,961
32,686
Taxes and social security
250,368
169,651
Other creditors
93,232
126,659
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
864,162
1,156,449
Obligations under finance leases and hire purchase contracts
2,267
18,750
The loan is for a term of 12 years secured by a charge on the company's freehold properties at 78,80 and 82 Neal street WC2H 9PA. At 31st March 2025 there are four years remaining
The C.B.I.L loan was received in 2020 and is secured by a debenture charge filed at the land registry and also registered at the companies house.It is repayable over six years .
MAAN & SONS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
52 52 B Ordinary shares of £1 each
52
52
15 15 A Ordinary shares of £1 each
15
15
Contributions in respect of the companys defined contribution pension scheme are charged
to the profit and loss account for the year in which they are payable to the scheme.
Differences between contributions payable and contributions actually paid in the year
are shown as either accruals or prepayments at the year end
There are no contingent liabilities
At the end of the year the directors loan accounts outstanding was £41357 (2024 £41357)
13
Average number of employees
During the year the average number of employees was 41 (2024: 48).