Company registration number 04565791 (England and Wales)
M AND T MAHONEY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
M AND T MAHONEY LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
M AND T MAHONEY LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr M Mahoney
Mrs T A Mahoney
Secretary
Mrs T A Mahoney
Company number
04565791
Registered office
36 Lancaster Gardens East
Clacton-on-Sea
Essex
United Kingdom
CO15 6QJ
Accountants
TC Group
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
M AND T MAHONEY LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
782
1,043
Investment property
4
65,000
65,000
65,782
66,043
Current assets
Stocks
750
1,800
Debtors
5
455
464
Cash at bank and in hand
1,480
5,480
2,685
7,744
Creditors: amounts falling due within one year
6
(37,596)
(29,717)
Net current liabilities
(34,911)
(21,973)
Total assets less current liabilities
30,871
44,070
Creditors: amounts falling due after more than one year
7
-
0
(1,561)
Provisions for liabilities
(1,483)
(1,744)
Net assets
29,388
40,765
Capital and reserves
Called up share capital
100
100
Revaluation reserve
8
27,277
27,277
Profit and loss reserves
2,011
13,388
Total equity
29,388
40,765
M AND T MAHONEY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 3 -

For the financial year ended 31 December 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 10 March 2026 and are signed on its behalf by:
Mr M Mahoney
Mrs T A Mahoney
Director
Director
Company registration number 04565791 (England and Wales)
M AND T MAHONEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
1
Accounting policies
Company information

M And T Mahoney Limited is a private company limited by shares incorporated in England and Wales. The registered office is 36 Lancaster Gardens East, Clacton-on-Sea, Essex, United Kingdom, CO15 6QJ.

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 financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance
Computers
33.33% reducing balance
Motor vehicles
20% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

M AND T MAHONEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
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.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

M AND T MAHONEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 6 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Leases

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Employees

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

2025
2024
Number
Number
Total
2
2
M AND T MAHONEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 January 2025 and 31 December 2025
4,776
1,718
14,394
20,888
Depreciation and impairment
At 1 January 2025
3,733
1,718
14,394
19,845
Depreciation charged in the year
261
-
0
-
0
261
At 31 December 2025
3,994
1,718
14,394
20,106
Carrying amount
At 31 December 2025
782
-
0
-
0
782
At 31 December 2024
1,043
-
0
-
0
1,043
4
Investment property
2025
£
Fair value
At 1 January 2025 and 31 December 2025
65,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31st December 2025 by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
455
464
M AND T MAHONEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
1,561
3,681
Trade creditors
241
1,102
Other creditors
35,794
24,934
37,596
29,717
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
1,561
8
Revaluation reserve
2025
2024
£
£
At the beginning and end of the year
27,277
27,277
2025-12-31 2025-01-01 false false false 13 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr M Mahoney Mrs Tracy A Mahoney Mrs T A Mahoney 04565791 2025-01-01 2025-12-31 04565791 bus:Director1 2025-01-01 2025-12-31 04565791 bus:CompanySecretaryDirector1 2025-01-01 2025-12-31 04565791 bus:CompanySecretary1 2025-01-01 2025-12-31 04565791 bus:Director2 2025-01-01 2025-12-31 04565791 bus:RegisteredOffice 2025-01-01 2025-12-31 04565791 2025-12-31 04565791 2024-12-31 04565791 core:FurnitureFittings 2025-12-31 04565791 core:ComputerEquipment 2025-12-31 04565791 core:MotorVehicles 2025-12-31 04565791 core:FurnitureFittings 2024-12-31 04565791 core:ComputerEquipment 2024-12-31 04565791 core:MotorVehicles 2024-12-31 04565791 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 04565791 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 04565791 core:Non-currentFinancialInstruments core:AfterOneYear 2025-12-31 04565791 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 04565791 core:CurrentFinancialInstruments 2025-12-31 04565791 core:CurrentFinancialInstruments 2024-12-31 04565791 core:ShareCapital 2025-12-31 04565791 core:ShareCapital 2024-12-31 04565791 core:RevaluationReserve 2025-12-31 04565791 core:RevaluationReserve 2024-12-31 04565791 core:RetainedEarningsAccumulatedLosses 2025-12-31 04565791 core:RetainedEarningsAccumulatedLosses 2024-12-31 04565791 core:FurnitureFittings 2025-01-01 2025-12-31 04565791 core:ComputerEquipment 2025-01-01 2025-12-31 04565791 core:MotorVehicles 2025-01-01 2025-12-31 04565791 2024-01-01 2024-12-31 04565791 core:FurnitureFittings 2024-12-31 04565791 core:ComputerEquipment 2024-12-31 04565791 core:MotorVehicles 2024-12-31 04565791 2024-12-31 04565791 core:Non-currentFinancialInstruments 2025-12-31 04565791 core:Non-currentFinancialInstruments 2024-12-31 04565791 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04565791 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04565791 bus:FRS102 2025-01-01 2025-12-31 04565791 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 04565791 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP