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Company Registration No. 04118582 (England and Wales)
MUSTOE & SONS LIMITED Unaudited accounts for the year ended 31 December 2025
MUSTOE & SONS LIMITED Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
- 2 -
MUSTOE & SONS LIMITED Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
18,857
25,151
Investments
5
1,593,417
1,368,417
1,612,274
1,393,568
Current assets
Inventories
300
300
Debtors
6
50,352
317,274
Cash at bank and in hand
544,652
519,827
595,304
837,401
Creditors: amounts falling due within one year
7
(298,133)
(314,120)
Net current assets
297,171
523,281
Total assets less current liabilities
1,909,445
1,916,849
Creditors: amounts falling due after more than one year
8
(10,814)
(15,449)
Provisions for liabilities
Deferred tax
(6,288)
(8,328)
Net assets
1,892,343
1,893,072
Capital and reserves
Called up share capital
104
104
Profit and loss account
1,892,239
1,892,968
Shareholders' funds
1,892,343
1,893,072
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2026 and were signed on its behalf by
Nicholas Ian MUSTOE Director Company Registration No. 04118582
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MUSTOE & SONS LIMITED Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
MUSTOE & SONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04118582. The registered office is 14 Hurricane Close, Upper Rissington, Cheltenham, Gloucestershire, GL54 2SD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
14,958
56,919
7,229
79,106
At 31 December 2025
14,958
56,919
7,229
79,106
Depreciation
At 1 January 2025
14,930
32,047
6,978
53,955
Charge for the year
8
6,218
68
6,294
At 31 December 2025
14,938
38,265
7,046
60,249
Net book value
At 31 December 2025
20
18,654
183
18,857
At 31 December 2024
28
24,872
251
25,151
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MUSTOE & SONS LIMITED Notes to the Accounts for the year ended 31 December 2025
5
Investments
Other investments
£
Valuation at 1 January 2025
1,368,417
Additions
225,000
Valuation at 31 December 2025
1,593,417
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
50,352
317,274
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
105,550
113,028
Obligations under finance leases and hire purchase contracts
4,636
10,137
Trade creditors
34,992
4,549
Taxes and social security
98,293
121,139
Loans from directors
49,197
59,962
Accruals
5,465
5,305
298,133
314,120
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
10,814
15,449
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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