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Registration number: 02760593

J & M Mangan Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

J & M Mangan Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

J & M Mangan Limited

Company Information

Directors | MM Mangan JP Mangan

Company secretary | JP Mangan

Registered office | 2 Old Bath Road Newbury Berkshire RG14 1QL

Accountants | UHY Ross Brooke Chartered Accountants2 Old Bath Road Newbury Berkshire RG14 1QL

J & M Mangan Limited

(Registration number: 02760593)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 1,612,890 | 1,648,740
Current assets |  |  |
Debtors | 6 | 41,863 | 150,544
Cash at bank and in hand |  | 1,775,574 | 1,533,536
|  | 1,817,437 | 1,684,080
Creditors: Amounts falling due within one year | 7 | (395,226) | (211,859)
Net current assets |  | 1,422,211 | 1,472,221
Total assets less current liabilities |  | 3,035,101 | 3,120,961
Provisions for liabilities |  | (6,082) | (7,467)
Net assets |  | 3,029,019 | 3,113,494
Capital and reserves |  |  |
Called up share capital |  | 4 | 4
Retained earnings |  | 3,029,015 | 3,113,490
Shareholders' funds |  | 3,029,019 | 3,113,494

J & M Mangan Limited

(Registration number: 02760593)
Balance Sheet as at 31 October 2025

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 April 2026 and signed on its behalf by:

......................................... JP Mangan Company secretary and director

J & M Mangan Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for rental income as a holding company. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

J & M Mangan Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Asset class | Depreciation method and rate
Plant and machinery | 15% per annum of net book value
Fixtures and fittings | 25% per annum of net book value
Leasehold property improvements | 10% per annum of net book value
Motor vehicles | 25% per annum of net book value
Land and buildings | 0 to 10% per annum of net book value

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Taxation

| 2025 |  | 2024
| £ |  | £
Corporation tax | 19,779 |  | 5,200
Deferred tax | (1,385) |  | 6,307
| 18,394 |  | 11,507

4 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

J & M Mangan Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5 | Tangible assets

| Leasehold improvements £ | Land and buildings £ | Fixtures and fittings £ | Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 November 2024 | 120,766 | 1,662,236 | 16,811 | 9,231 | 36,780 | 1,845,824
Additions | - | - | - | 1,523 | - | 1,523
Disposals | - | - | - | - | 149 | 149
At 31 October 2025 | 120,766 | 1,662,236 | 16,811 | 10,754 | 36,929 | 1,847,496
Depreciation
At 1 November 2024 | 102,731 | 64,566 | 16,748 | 3,027 | 10,012 | 197,084
Charge for the year | 1,804 | 27,525 | 16 | 1,064 | 7,113 | 37,522
At 31 October 2025 | 104,535 | 92,091 | 16,764 | 4,091 | 17,125 | 234,606
Carrying amount
At 31 October 2025 | 16,231 | 1,570,145 | 47 | 6,663 | 19,804 | 1,612,890
At 31 October 2024 | 18,035 | 1,597,670 | 63 | 6,204 | 26,768 | 1,648,740

J & M Mangan Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 337 | 1,805
Prepayments | 93 | 100
Other debtors | 41,433 | 148,639
| 41,863 | 150,544

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 3,058 | 2,566
Taxation and social security | 20,862 | 9,117
Other creditors | 371,306 | 200,176
| 395,226 | 211,859