BrightAccountsProduction v1.0.0 v1.0.0 2024-08-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of plumbing, heating and air-conditioning installation 2 March 2026 08110168 2025-07-31 08110168 2024-07-31 08110168 2023-07-31 08110168 2024-08-01 2025-07-31 08110168 2023-08-01 2024-07-31 08110168 uk-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 08110168 uk-curr:PoundSterling 2024-08-01 2025-07-31 08110168 uk-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 08110168 uk-bus:FullAccounts 2024-08-01 2025-07-31 08110168 uk-bus:Director1 2024-08-01 2025-07-31 08110168 uk-bus:RegisteredOffice 2024-08-01 2025-07-31 08110168 uk-bus:Agent1 2024-08-01 2025-07-31 08110168 uk-core:ShareCapital 2025-07-31 08110168 uk-core:ShareCapital 2024-07-31 08110168 uk-core:RetainedEarningsAccumulatedLosses 2025-07-31 08110168 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 08110168 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-07-31 08110168 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-07-31 08110168 uk-bus:FRS102 2024-08-01 2025-07-31 08110168 uk-core:FurnitureFittingsToolsEquipment 2024-08-01 2025-07-31 08110168 uk-core:MotorVehicles 2024-08-01 2025-07-31 08110168 uk-core:OtherPropertyPlantEquipment 2024-08-01 2025-07-31 08110168 uk-core:CurrentFinancialInstruments 2025-07-31 08110168 uk-core:CurrentFinancialInstruments 2024-07-31 08110168 uk-core:CurrentFinancialInstruments 2025-07-31 08110168 uk-core:CurrentFinancialInstruments 2024-07-31 08110168 uk-core:WithinOneYear 2025-07-31 08110168 uk-core:WithinOneYear 2024-07-31 08110168 uk-core:WithinOneYear 2025-07-31 08110168 uk-core:WithinOneYear 2024-07-31 08110168 uk-core:AfterOneYear 2025-07-31 08110168 uk-core:AfterOneYear 2024-07-31 08110168 uk-core:BetweenOneTwoYears 2025-07-31 08110168 uk-core:BetweenOneTwoYears 2024-07-31 08110168 2024-08-01 2025-07-31 08110168 uk-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: 08110168

Toner Mechanical & Electrical Ltd

Director's Report and Unaudited Financial Statements

for the financial year ended 31 July 2025

Toner Mechanical & Electrical Ltd

DIRECTOR AND OTHER INFORMATION

Director | Mr. Michael Toner
Company Registration Number | 08110168
Registered Office | Building 1
| Chalfont Park
| Gerrards Cross
| SL9 0BG
| England
Business Address | 15 Gazette Arcade
| Linenhall Street
| Armagh
| BT61 7PU
Accountants | Muldoon
| 16 Mount Charles
| Belfast
| BT7 1NZ

Toner Mechanical & Electrical Ltd

DIRECTOR'S REPORT

for the financial year ended 31 July 2025

The director presents his report and the unaudited financial statements for the financial year ended 31 July 2025.

Principal Activity

The principal activity of the company is that of plumbing, heating and air-conditioning installation

Results and Dividends

The profit for the financial year after providing for depreciation and taxation amounted to £684,367 (2024 - £583,498).

Director

The director who served during the financial year is as follows:

Mr. Michael Toner

Statement of Director's Responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- | select suitable accounting policies and apply them consistently;
- | make judgements and accounting estimates that are reasonable and prudent;
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mr. Michael Toner

Director

2 March 2026

Toner Mechanical & Electrical Ltd

Company Registration Number: 08110168

BALANCE SHEET

as at 31 July 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 4 | 15,691 |  | 28,972
|  |  | ───────── |  | ─────────
Current Assets

Stocks |  | 5 | 66,500 |  | 70,000
Debtors |  | 6 | 1,616,031 |  | 1,220,959
Cash and cash equivalents |  |  | 1,090,367 |  | 840,538
|  |  | ───────── |  | ─────────
|  |  | 2,772,898 |  | 2,131,497
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 7 | (1,118,777) |  | (1,048,586)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 1,654,121 |  | 1,082,911
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 1,669,812 |  | 1,111,883
Creditors:

amounts falling due after more than one year |  | 8 | (8,564) |  | (56,602)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 1,661,248 |  | 1,055,281
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 10 |  | 10
Retained earnings |  |  | 1,661,238 |  | 1,055,271
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 1,661,248 |  | 1,055,281
|  |  | ═════════ |  | ═════════
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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account.

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 2 March 2026

________________________________ |  |  |  |  |
Mr. Michael Toner |  |  |  |  |
Director |  |  |  |  |

Toner Mechanical & Electrical Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 July 2025

1. | General Information
| Toner Mechanical & Electrical Ltd is a company limited by shares incorporated and registered in England. The registered number of the company is 08110168. The registered office of the company is Building 1, Chalfont Park, Gerrards Cross, SL9 0BG, England. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 31 July 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Fixtures, fittings and equipment | - | 20% Reducing balance
|  | Motor vehicles | - | 25% Reducing Balance
|  | Racehorse | - | 3 Years
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Stocks
| Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
| Research and development
| Development expenditure is written off to the Profit and Loss Account in the financial year in which it is incurred.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including director, during the financial year was
|  | 2025 | 2024
|  | Number | Number
| Director | 1 | 1
| Employee | 7 | 7
|  | ───────── | ─────────
|  | 8 | 8
|  | ═════════ | ═════════

4. | Tangible assets
|  | Fixtures, | Racehorse | Total
|  | fittings and |  |
|  | equipment |  |
|  | £ | £ | £
| Cost
| At 1 August 2024 | 43,230 | 34,260 | 77,490
| Additions | 1,867 | - | 1,867
|  | ───────── | ───────── | ─────────
| At 31 July 2025 | 45,097 | 34,260 | 79,357
|  | ───────── | ───────── | ─────────
| Depreciation
| At 1 August 2024 | 25,678 | 22,840 | 48,518
| Charge for the financial year | 3,728 | 11,420 | 15,148
|  | ───────── | ───────── | ─────────
| At 31 July 2025 | 29,406 | 34,260 | 63,666
|  | ───────── | ───────── | ─────────
| Net book value
| At 31 July 2025 | 15,691 | - | 15,691
|  | ═════════ | ═════════ | ═════════
| At 31 July 2024 | 17,552 | 11,420 | 28,972
|  | ═════════ | ═════════ | ═════════

5. | Stocks | 2025 | 2024
|  | £ | £
| Work in progress | 66,500 | 70,000
|  | ═════════ | ═════════
| The replacement cost of stock did not differ significantly from the figures shown.

6. | Debtors | 2025 | 2024
|  | £ | £
| Trade debtors | 1,214,791 | 1,050,607
| Amounts owed by group undertakings | 241,400 | -
| Director's current account | - | 30,940
| Taxation (Note 9) | 158,163 | 97,983
| Prepayments and accrued income | 1,677 | 41,429
|  | ───────── | ─────────
|  | 1,616,031 | 1,220,959
|  | ═════════ | ═════════

7. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Bank overdrafts | 642 | 107,914
| Bank loan | 47,588 | 36,009
| Trade creditors | 846,851 | 378,784
| Taxation (Note 9) | 62,109 | 22,719
| Director's current account | 52,174 | -
| Accruals:
| Pension accrual | 269 | -
| Other accruals | 109,144 | 503,160
|  | ───────── | ─────────
|  | 1,118,777 | 1,048,586
|  | ═════════ | ═════════

8. | Creditors | 2025 | 2024
| Amounts falling due after more than one year | £ | £
| Bank loan | 8,564 | 56,602
|  | ═════════ | ═════════
| Loans
| Repayable in one year or less, or on demand (Note 7) | 48,230 | 143,923
| Repayable between one and two years | 8,564 | 56,602
|  | ───────── | ─────────
|  | 56,794 | 200,525
|  | ═════════ | ═════════

9. | Taxation | 2025 | 2024
|  | £ | £
| Debtors:
| VAT | 158,163 | 97,983
|  | ═════════ | ═════════
| Creditors:
| Corporation tax | 31,480 | -
| PAYE / NI | 30,629 | 22,719
|  | ───────── | ─────────
|  | 62,109 | 22,719
|  | ═════════ | ═════════