Company registration number 00038459 (England and Wales)
MAXFIELD & SONS, LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
MAXFIELD & SONS, LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MAXFIELD & SONS, LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
534,750
534,750
Current assets
Debtors
4
1,593,689
1,593,689
Net current assets
1,593,689
1,593,689
Net assets
2,128,439
2,128,439
Capital and reserves
Called up share capital
27,670
27,670
Share premium account
1,991,980
1,991,980
Other reserves
87,067
87,067
Profit and loss reserves
21,722
21,722
Total equity
2,128,439
2,128,439

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 2 February 2026 and are signed on its behalf by:
C E Diment
Director
Company registration number 00038459 (England and Wales)
MAXFIELD & SONS, LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 2 -
1
Accounting policies
Company information

Maxfield & Sons, Limited is a private company limited by shares incorporated in England and Wales. The registered office is Market House, 10 Market Walk, Saffron Walden, Essex, CB10 1JZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

1.2
Fixed asset investments

Investments in subsidiaries are measured at cost less accumulated impairment.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities which include loans to related parties.

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 of the recoverable amount, 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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

MAXFIELD & SONS, LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 3 -
1.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
534,750
534,750
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1,593,689
1,593,689
5
Directors' transactions

Dividends totalling £24,024 (2024 - £24,024) were paid in the year in respect of shares held by the company's directors.

6
Ultimate controlling party

The company is controlled by its parent company, Cityshape Investments Limited, a company registered in England and Wales. The ultimate controlling party is M Marshall and P Marshall by virtue of their shareholding.

2025-06-30 2024-07-01 false false false 06 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity C E Diment E Cox S Follis M C Marshall P E Marshall 00038459 2024-07-01 2025-06-30 00038459 2025-06-30 00038459 2024-06-30 00038459 core:ShareCapital 2025-06-30 00038459 core:ShareCapital 2024-06-30 00038459 core:SharePremium 2025-06-30 00038459 core:SharePremium 2024-06-30 00038459 core:OtherMiscellaneousReserve 2025-06-30 00038459 core:OtherMiscellaneousReserve 2024-06-30 00038459 core:RetainedEarningsAccumulatedLosses 2025-06-30 00038459 core:RetainedEarningsAccumulatedLosses 2024-06-30 00038459 bus:Director1 2024-07-01 2025-06-30 00038459 2023-07-01 2024-06-30 00038459 core:CurrentFinancialInstruments 2024-06-30 00038459 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 00038459 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 00038459 bus:FRS102 2024-07-01 2025-06-30 00038459 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 00038459 bus:Director2 2024-07-01 2025-06-30 00038459 bus:Director3 2024-07-01 2025-06-30 00038459 bus:Director4 2024-07-01 2025-06-30 00038459 bus:Director5 2024-07-01 2025-06-30 00038459 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP