REGISTERED NUMBER: 01171712 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

MCCLARRONS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S C McClarron

Mr G Davies

REGISTERED OFFICE:

Unit 1

Northside Business Park

York Road

Malton

North Yorkshire

YO17 6TB

REGISTERED NUMBER:

01171712 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

113,105

125,722

Investments

6

2

2

113,107

125,724

CURRENT ASSETS

Debtors

7

2,112,546

593,313

Cash at bank

385

496,301

2,112,931

1,089,614

CREDITORS

Amounts falling due within one year

8

1,750,919

775,500

NET CURRENT ASSETS

362,012

314,114

TOTAL ASSETS LESS CURRENT LIABILITIES

475,119

439,838

PROVISIONS FOR LIABILITIES

24,791

27,437

NET ASSETS

450,328

412,401

CAPITAL AND RESERVES

Called up share capital

27,370

27,370

Retained earnings

422,958

385,031

SHAREHOLDERS' FUNDS

450,328

412,401

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by:

Mr S C McClarron - Director

Mr G Davies - Director

1.	STATUTORY INFORMATION

McClarrons Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The company has a net asset position and a healthy bank position and the directors are satisfied that there are sufficient resources in place to continue operating for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Preparation of consolidated financial statements

The financial statements contain information about McClarrons Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

In preparing the financial statements, management is required to make estimates and assumptions which affect reported income, expenses, assets, liabilities and disclosure of contingent assets and liabilities. Use of available information and application of judgement are inherent in the formation of estimates, together with past experience and expectations of future events that are believed to be reasonable under the circumstances. Actual results in the future could differ from such estimates.

Critical judgements in applying the company's policies

No significant judgements have had to be made by management in preparing these financial statements.

Critical accounting estimates and assumptions

The directors do not consider that any estimates or assumptions used in the preparation of these financial statements have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Revenue

Revenue represents commissions and fees receivable and services supplied. Services are recognised to the extent that the company has obtained the right to consideration through its performance and is measured at the fair value of the right to consideration. Commissions and fees are recognised as due when the underlying insurance premium has been paid.

Goodwill

Goodwill connected with the purchase of a trade is initially measured at cost. Goodwill connected with the purchase of a subsidiary business, where this is followed by a 'hive up' of the trade, is initially measured as the excess of the cost of the investment in the subsidiary over the fair value of the net assets acquired. After initial recognition all goodwill is measured at either cost or excess over fair value less any accumulated amortisation and any accumulated impairment losses.

Amortisation is provided at the following annual rates in order to write off the cost of each asset over its estimated useful life.

Business acquisitions

- 20% on straight line basis

Property, plant and equipment

Items of property, plant and equipment are initially measured at cost. After initial recognition items of property, plant and equipment are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off the cost of each asset overs its estimated useful life.

Improvements to property

- 4% on straight line basis

Plant and machinery

- 25% on reducing balance basis

Fixtures and fittings

- 25% on reducing balance basis

Computer equipment

- 25% on straight line basis

Investments in subsidiaries

Investments in subsidiary undertakings are initially measured at cost. If the acquisition is followed by a 'hive up' of the trade then part of the cost is allocated to goodwill (being the excess of the cost in the subsidiary undertaking over the fair value of the net assets acquired). After initial recognition investments in subsidiary undertakings are reduced by any accumulated impairment losses.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade, other accounts receivable and payable and loans to related parties.

Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Debt instruments such as loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised costs using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Leases

Operating lease rentals are charged against profits of the period to which they relate.

Pension costs and other post-retirement benefits

Payments to defined contribution pension schemes are charged as an expense in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 88 (2025 - 86 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

512,260

AMORTISATION

At 1 February 2025

and 31 January 2026

512,260

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 February 2025

15,264

163,565

261,796

440,625

Additions

-

8,397

33,455

41,852

Disposals

-

-

(83,358

)

(83,358

)

At 31 January 2026

15,264

171,962

211,893

399,119

DEPRECIATION

At 1 February 2025

8,723

143,840

162,340

314,903

Charge for year

3,053

5,745

41,168

49,966

Eliminated on disposal

-

-

(78,855

)

(78,855

)

At 31 January 2026

11,776

149,585

124,653

286,014

NET BOOK VALUE

At 31 January 2026

3,488

22,377

87,240

113,105

At 31 January 2025

6,541

19,725

99,456

125,722

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2025

and 31 January 2026

2

NET BOOK VALUE

At 31 January 2026

2

At 31 January 2025

2

7.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

383,963

342,522

Amounts owed by group undertakings

1,574,943

114,763

Other debtors

153,640

130,029

2,112,546

587,314

Amounts falling due after more than one year:

Other debtors

-

5,999

Aggregate amounts

2,112,546

593,313

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

468,138

-

Trade creditors

69,725

84,431

Amounts owed to group undertakings

537,205

274,567

Taxation and social security

236,848

130,177

Other creditors

439,003

286,325

1,750,919

775,500

9.	CONTINGENT LIABILITIES

The company has given unlimited guarantees to its bankers by way of fixed and floating charge over its assets and undertaking in favour of a group company. The bank borrowings of the group company at 31 January 2026 were £323,852 (2025 - £350,197).

10.	OTHER FINANCIAL COMMITMENTS

The company had total operating lease commitments at the balance sheet date in the sum of £152,555 (2025 - £222,217).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

One of the director's operates a loan account with the company which is repayable on demand. The following advances and credits subsisted during the years ended 2026 and 2025:

2026

2025

£

£

Balance outstanding at start of year

58,693

23,661

Amounts advanced

194,844

117,830

Amounts repaid

(188,876

)

(82,798

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

64,660

58,693

Interest has been charged at the HMRC beneficial loan rate whilst overdrawn.