REGISTERED NUMBER: 01016572 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

B.W.MAY & SON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A K Spice

B A Spice

SECRETARY:

D & W Services Limited

REGISTERED OFFICE:

Cambray

Stickfast Lane

Bobbing

Sittingbourne

Kent

ME9 8QL

REGISTERED NUMBER:

01016572 (England and Wales)

ACCOUNTANTS:

Robsons Accountants

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

BANKERS:

Natwest Bank plc

87 High Street

Sittingbourne

Kent

ME10 4AU

FIXED ASSETS

Tangible assets

4

250,764

208,780

CURRENT ASSETS

Stocks

344,932

265,572

Debtors

5

749,187

1,035,039

Cash at bank and in hand

1,047,039

522,209

2,141,158

1,822,820

CREDITORS

Amounts falling due within one year

6

(959,615

)

(823,807

)

NET CURRENT ASSETS

1,181,543

999,013

TOTAL ASSETS LESS CURRENT LIABILITIES

1,432,307

1,207,793

CREDITORS

Amounts falling due after more than one year

7

-

(6,671

)

NET ASSETS

1,432,307

1,201,122

CAPITAL AND RESERVES

Called up share capital

1,500

1,500

Share premium

399,400

399,400

Revaluation reserve

8

101,963

101,963

Capital redemption reserve

100

100

Retained earnings

929,344

698,159

SHAREHOLDERS' FUNDS

1,432,307

1,201,122

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2026 and were signed on its behalf by:

A K Spice - Director

1.	STATUTORY INFORMATION

B.W.May & Son 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 as modified by the revaluation of certain assets.

The financial statements are prepared in accordance with applicable accounting standards.

Turnover

Turnover represents net invoiced sale of goods, valuations of work completed and retentions. These figures exclude value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

15% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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.

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.

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 49 (2024 - 52 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST OR VALUATION

At 1 January 2025

519,145

Additions

97,712

Disposals

(13,500

)

At 31 December 2025

603,357

DEPRECIATION

At 1 January 2025

310,365

Charge for year

44,253

Eliminated on disposal

(2,025

)

At 31 December 2025

352,593

NET BOOK VALUE

At 31 December 2025

250,764

At 31 December 2024

208,780

Cost or valuation at 31 December 2025 is represented by:

Plant and

machinery

etc

£

Valuation in 2017

23,188

Cost

580,169

603,357

If motor vehicles had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

314,371

230,160

Aggregate depreciation

131,062

100,738

Motor vehicles were valued on an open market basis on 23 August 2018 by S & P Motors Ltd .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

599,387

987,138

Other debtors

149,800

47,901

749,187

1,035,039

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,670

16,010

Trade creditors

451,042

499,776

Taxation and social security

122,443

52,157

Other creditors

379,460

255,864

959,615

823,807

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

6,671

8.

RESERVES

Revaluation

reserve

£

At 1 January 2025

and 31 December 2025

101,963

9.	ULTIMATE CONTROLLING PARTY

The Company is under the control of A Spice.