Martin Todd Ltd - Filleted accounts

Registered number

09092298

Martin Todd Ltd

Unaudited Filleted Accounts

31 March 2026

Martin Todd Ltd
Registered number:		09092298
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Current assets
Debtors	3	55,836			64,604
Cash at bank and in hand		37,107			22,551
		92,943			87,155

Creditors: amounts falling due within one year	4	(13,330)			(9,498)

Net current assets			79,613			77,657

Net assets			79,613			77,657

Capital and reserves
Called up share capital			100			100
Profit and loss account			79,513			77,557

Shareholder's funds			79,613			77,657

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr M Todd
Director
Approved by the board on 21 May 2026

Martin Todd Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. No provision for deferred tax has been made since the director is of the opinion that no liability will crystallise in the foreseeable future.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	1		1


3	Debtors	2026		2025
£			£

	Trade debtors	55,836		64,604


4	Creditors: amounts falling due within one year	2026		2025
£			£

	Taxation and social security costs	10,623		7,183
	Other creditors	2,707		2,315
		13,330		9,498


5	Other information

	Martin Todd Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Old Granary, Gate Court Farm
	Station Road
	Northiam
	TN31 6QT