REGISTERED NUMBER: 03810507 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

M Chisnall & Sons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Chisnall

P Dodsworth

P Spraggons

REGISTERED OFFICE:

Unit 1 Hadleigh Enterprise Park

Crockatt Road

Hadleigh

Ipswich

Suffolk

IP7 6RJ

REGISTERED NUMBER:

03810507 (England and Wales)

ACCOUNTANTS:

Knights Lowe Chartered Accountants

Eldo House

Kempson Way

Suffolk Business Park

Bury St Edmunds

Suffolk

IP32 7AR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

91,715

104,522

91,715

104,522

CURRENT ASSETS

Stocks

6

39,054

12,000

Debtors

7

1,239,206

1,165,055

Cash at bank

643,467

636,316

1,921,727

1,813,371

CREDITORS

Amounts falling due within one year

8

745,898

743,599

NET CURRENT ASSETS

1,175,829

1,069,772

TOTAL ASSETS LESS CURRENT LIABILITIES

1,267,544

1,174,294

CREDITORS

Amounts falling due after more than one year

9

(11,788

)

(16,179

)

PROVISIONS FOR LIABILITIES

12

(9,933

)

(9,052

)

NET ASSETS

1,245,823

1,149,063

CAPITAL AND RESERVES

Called up share capital

13

1,000

1,000

Retained earnings

1,244,823

1,148,063

SHAREHOLDERS' FUNDS

1,245,823

1,149,063

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 18 December 2025 and were signed on its behalf by:

S Chisnall - Director

1.	STATUTORY INFORMATION

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

Income is recognised as the company obtains the right to receive consideration under the terms of the

contract, with work not yet invoiced at the year end included in accrued income

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1999, was amortised

evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance and 10 years straight line

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating to either revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans from banks or other related parties.

Debt instruments, like loans and other accounts receivable and payable, are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payment discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Impairment

At each reporting date, goodwill and other fixed assets, including tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in the income statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

18,000

AMORTISATION

At 1 October 2024

and 30 September 2025

18,000

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

178,460

Additions

14,074

At 30 September 2025

192,534

DEPRECIATION

At 1 October 2024

73,938

Charge for year

26,881

At 30 September 2025

100,819

NET BOOK VALUE

At 30 September 2025

91,715

At 30 September 2024

104,522

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 October 2024

and 30 September 2025

25,800

DEPRECIATION

At 1 October 2024

1,613

Charge for year

6,047

At 30 September 2025

7,660

NET BOOK VALUE

At 30 September 2025

18,140

At 30 September 2024

24,187

6.

STOCKS

2025

2024

£

£

Stocks

1,000

1,000

Work-in-progress

38,054

11,000

39,054

12,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

502,523

447,907

Amounts owed by group undertakings

1,000

-

Other debtors

735,683

717,148

1,239,206

1,165,055

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 10)

4,391

3,994

Trade creditors

159,517

146,521

Taxation and social security

100,804

126,034

Other creditors

481,186

467,050

745,898

743,599

Other creditors includes an amount owed to the director.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 10)

11,788

16,179

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

4,391

3,994

Between one and five years

11,788

16,179

16,179

20,173

Non-cancellable

operating leases

2025

2024

£

£

Within one year

11,561

35,469

Between one and five years

3,078

14,639

14,639

50,108

11.	SECURED DEBTS

The company is subject to 3 fixed and floating charges held over it by Lloyds TSB Bank PLC.

The hire purchase liability is charged over the assets to which the hire purchase relates.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

9,933

9,052

Deferred

tax

£

Balance at 1 October 2024

9,052

Charge to Income Statement during year

881

Balance at 30 September 2025

9,933

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

14.	RELATED PARTY DISCLOSURES

The following transactions are between related parties:

An amount owed to a company under common control £732,483 (2024 £701,277)

A Director received services to the value of £0 (2024 £59,388)

15.	ULTIMATE CONTROLLING PARTY

M. Chisnall Holdings Ltd is regarded by the directors as being the company's ultimate parent

company.

The registered office is Unit 1 Hadleigh Enterprise Park Crockatt, Crockatt, Hadleigh, Ipswich, Suffolk, England, IP7 6RJ.