REGISTERED NUMBER: 03787886 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

Medfor Products Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R G Fisher

R W Stephens

SECRETARY:

R W Stephens

REGISTERED OFFICE:

Sherwood House

41 Queens Road

Farnborough

Hampshire

GU14 6JP

REGISTERED NUMBER:

03787886 (England and Wales)

ACCOUNTANTS:

Jones & Co

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

70,324

77,131

70,324

77,131

CURRENT ASSETS

Stocks

141,614

149,944

Debtors

6

253,987

163,273

Cash at bank

162,675

263,565

558,276

576,782

CREDITORS

Amounts falling due within one year

7

174,072

205,924

NET CURRENT ASSETS

384,204

370,858

TOTAL ASSETS LESS CURRENT LIABILITIES

454,528

447,989

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

454,508

447,969

SHAREHOLDERS' FUNDS

454,528

447,989

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 6 July 2026 and were signed on its behalf by:

R W Stephens - Director

1.	STATUTORY INFORMATION

Medfor Products 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.

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.

Turnover

Turnover represent invoiced sale of goods, net of value added tax.

Income is recognised when goods are dispatched.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

10% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current tax, recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2025 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

50,470

AMORTISATION

At 1 April 2025

and 31 March 2026

50,470

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2025

97,865

34,082

72,012

Additions

-

1,153

3,066

At 31 March 2026

97,865

35,235

75,078

DEPRECIATION

At 1 April 2025

64,662

31,394

63,789

Charge for year

3,321

768

2,258

At 31 March 2026

67,983

32,162

66,047

NET BOOK VALUE

At 31 March 2026

29,882

3,073

9,031

At 31 March 2025

33,203

2,688

8,223

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

18,694

63,561

286,214

Additions

-

3,282

7,501

At 31 March 2026

18,694

66,843

293,715

DEPRECIATION

At 1 April 2025

4,673

44,565

209,083

Charge for year

3,505

4,456

14,308

At 31 March 2026

8,178

49,021

223,391

NET BOOK VALUE

At 31 March 2026

10,516

17,822

70,324

At 31 March 2025

14,021

18,996

77,131

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

231,197

133,631

Other debtors

22,790

29,642

253,987

163,273

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

76,837

114,906

Taxation and social security

90,499

82,271

Other creditors

6,736

8,747

174,072

205,924