REGISTERED NUMBER: 08405509 (England and Wales)

MARCH MAY (HOLDINGS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mr A J Hornsby

Mr D E Nott

Mr A C Nott

SECRETARY:

Mr A J Hornsby

REGISTERED OFFICE:

Howard Road

Eaton Socon

St. Neots

Cambridgeshire

PE19 8NZ

REGISTERED NUMBER:

08405509 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Princes Court

Royal Way

Loughborough

Leicestershire

LE11 5XR

FIXED ASSETS

Property, plant and equipment

4

2,002,802

2,095,483

Investments

5

768

768

Investment property

6

735,090

735,090

2,738,660

2,831,341

CURRENT ASSETS

Debtors

7

48,447

82,946

Cash at bank

15,140

70,941

63,587

153,887

CREDITORS

Amounts falling due within one year

8

(91,698

)

(107,406

)

NET CURRENT (LIABILITIES)/ASSETS

(28,111

)

46,481

TOTAL ASSETS LESS CURRENT LIABILITIES

2,710,549

2,877,822

CREDITORS

Amounts falling due after more than one year

9

(281,745

)

(712,905

)

NET ASSETS

2,428,804

2,164,917

CAPITAL AND RESERVES

Called up share capital

11

1,152

1,152

Retained earnings

2,427,652

2,163,765

SHAREHOLDERS' FUNDS

2,428,804

2,164,917

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2026 and were signed on its behalf by:

Mr A C Nott - Director

1.	GENERAL INFORMATION

March May (Holdings) Limited is a private company, limited by shares, registered in England and Wales. The address of the registered office is given in the company information on page one of these financial statements.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The financial statements cover the individual entity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Preparation of consolidated financial statements

The financial statements contain information about March May (Holdings) 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.

Revenue

Revenue is measured at fair value of the rents received or receivable, excluding discounts, rebates, value added tax and other sales.

Rents received are recognised on a straight line basis over the period of the lease agreements.

Property, plant and equipment

Property, plant and equipment is stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

Land and buildings - freehold

Buildings straight line over 25 years. Land is not depreciated and carried at cost

Improvements to property

7 years straight line

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the income statement.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment is recognised immediately in the income statement.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment properties are shown at their most recent valuations. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

Investment properties occupied by group companies are shown within property, plant and equipment at deemed cost, and depreciated from the date of acquisition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

2,021,848

224,175

2,246,023

DEPRECIATION

At 1 January 2025

107,519

43,021

150,540

Charge for year

60,656

32,025

92,681

At 31 December 2025

168,175

75,046

243,221

NET BOOK VALUE

At 31 December 2025

1,853,673

149,129

2,002,802

At 31 December 2024

1,914,329

181,154

2,095,483

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

768

NET BOOK VALUE

At 31 December 2025

768

At 31 December 2024

768

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

735,090

NET BOOK VALUE

At 31 December 2025

735,090

At 31 December 2024

735,090

The investment property was purchased in March 2023 and was initially measured at cost, including related transactions costs. The directors have reviewed the investment property market as at 31 December 2025 and are satisfied that there is no material difference between the initial cost and the value at the balance sheet date.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,640

15,095

Amounts owed by group undertakings

24,426

34,737

Deferred tax asset

613

33,114

Prepayments and accrued income

9,768

-

48,447

82,946

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

51,117

88,187

Trade creditors

18

-

VAT

25,790

4,563

Deferred income

12,518

12,566

Accrued expenses

2,255

2,090

91,698

107,406

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

54,487

95,043

Bank loans - 2-5 years

185,970

331,806

Bank loans more 5 yr by instal

27,648

272,416

Other creditors

13,640

13,640

281,745

712,905

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

27,648

272,416

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

319,222

787,452

11.	CALLED UP SHARE CAPITAL

2025

2024

£

£

Allotted, called up and fully paid

A Ordinary of £1 each

130

580

B Ordinary of £1 each

341

341

C Ordinary of £1 each

231

231

D Ordinary of £1 each

450

1,152

1,152

During the year the company passed a resolution to reclassify 450 A Ordinary £1 shares with a total nominal value of £450 to D Ordinary £1 shares.

12.	CAPITAL COMMITMENTS

2025

2024

£

£

Contracted but not provided for in the

financial statements

2,650,000

-