REGISTERED NUMBER: 04610833 (England and Wales)

D MAHONY AND SONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Mahony

W B Mahony

REGISTERED OFFICE:

15 High Street

Brackley

Northamptonshire

NN13 7DH

REGISTERED NUMBER:

04610833 (England and Wales)

ACCOUNTANTS:

Blencowes

15 High Street

Brackley

Northamptonshire

NN13 7DH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,730,420

1,868,364

1,730,420

1,868,364

CURRENT ASSETS

Stocks

2,025

2,130

Debtors

6

99,727

159,280

Prepayments and accrued income

316

-

Cash at bank

189,964

217,735

292,032

379,145

CREDITORS

Amounts falling due within one year

7

371,806

420,377

NET CURRENT LIABILITIES

(79,774

)

(41,232

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,650,646

1,827,132

CREDITORS

Amounts falling due after more than one year

8

(139,142

)

(331,285

)

PROVISIONS FOR LIABILITIES

(432,605

)

(467,091

)

ACCRUALS AND DEFERRED INCOME

(3,034

)

(3,013

)

NET ASSETS

1,075,865

1,025,743

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,074,865

1,024,743

SHAREHOLDERS' FUNDS

1,075,865

1,025,743

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 21 November 2025 and were signed on its behalf by:

D Mahony - Director

1.	STATUTORY INFORMATION

D Mahony and Sons 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty 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.

Plant and machinery

-

10% on cost

Motor vehicles

-

20% on reducing balance

Stocks

Stocks 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 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 taxation

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

100,000

AMORTISATION

At 1 April 2024

and 31 March 2025

100,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

3,546,772

64,000

3,610,772

Additions

226,650

-

226,650

Disposals

(36,600

)

(42,000

)

(78,600

)

At 31 March 2025

3,736,822

22,000

3,758,822

DEPRECIATION

At 1 April 2024

1,719,217

23,191

1,742,408

Charge for year

315,802

1,442

317,244

Eliminated on disposal

(22,850

)

(8,400

)

(31,250

)

At 31 March 2025

2,012,169

16,233

2,028,402

NET BOOK VALUE

At 31 March 2025

1,724,653

5,767

1,730,420

At 31 March 2024

1,827,555

40,809

1,868,364

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

51,801

49,553

Directors' current accounts

26,411

-

VAT

21,515

109,727

99,727

159,280

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Preference shares

1

1

Hire purchase contracts

198,644

328,845

Trade creditors

125,832

86,093

Corporation tax

40,766

-

Social security and other taxes

652

186

Other creditors

5,911

4,128

Directors' current accounts

-

1,124

371,806

420,377

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

139,142

331,285

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

D Mahony and W B Mahony

Balance outstanding at start of year

(1,124

)

(47,106

)

Amounts advanced

90,472

101,837

Amounts repaid

(62,937

)

(55,855

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

26,411

(1,124

)

As at 31st March 2025 a balance of £26,411 was owed to the company by the directors Mr D & Mrs W Mahony. This amount was repaid on 24th October 2025.

10.

CONTROL

The company was controlled throughout the period by its directors.