REGISTERED NUMBER: 05196759 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

PETER L MANSBRIDGE & SON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P A Mansbridge

Mrs J A Buckmaster

SECRETARY:

Mrs J A Buckmaster

REGISTERED OFFICE:

11 Sandleigh Road

Wootton

ABINGDON

Oxfordshire

OX13 6DP

REGISTERED NUMBER:

05196759 (England and Wales)

ACCOUNTANTS:

Bronsens Accountants Limited

Chartered Certified Accountants

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

FIXED ASSETS

Tangible assets

4

288,981

300,307

CURRENT ASSETS

Debtors

5

871,983

438,837

Cash at bank

29

15,195

872,012

454,032

CREDITORS

Amounts falling due within one year

6

956,570

711,795

NET CURRENT LIABILITIES

(84,558

)

(257,763

)

TOTAL ASSETS LESS CURRENT LIABILITIES

204,423

42,544

CREDITORS

Amounts falling due after more than one year

7

(139,903

)

(102,846

)

PROVISIONS FOR LIABILITIES

9

(51,467

)

(33,063

)

NET ASSETS/(LIABILITIES)

13,053

(93,365

)

CAPITAL AND RESERVES

Called up share capital

10

4

4

Retained earnings

13,049

(93,369

)

SHAREHOLDERS' FUNDS

13,053

(93,365

)

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 17 July 2026 and were signed on its behalf by:

Mr P A Mansbridge - Director

Mrs J A Buckmaster - Director

1.	STATUTORY INFORMATION

Peter L Mansbridge & 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.

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 29 (2025 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

650,700

21,307

353,773

1,025,780

Additions

81,283

1,033

-

82,316

Disposals

(124,500

)

-

-

(124,500

)

At 31 March 2026

607,483

22,340

353,773

983,596

DEPRECIATION

At 1 April 2025

465,446

15,762

244,265

725,473

Charge for year

50,634

1,316

28,336

80,286

Eliminated on disposal

(111,144

)

-

-

(111,144

)

At 31 March 2026

404,936

17,078

272,601

694,615

NET BOOK VALUE

At 31 March 2026

202,547

5,262

81,172

288,981

At 31 March 2025

185,254

5,545

109,508

300,307

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

183,495

88,436

271,931

Additions

80,750

-

80,750

Transfer to ownership

-

(23,320

)

(23,320

)

At 31 March 2026

264,245

65,116

329,361

DEPRECIATION

At 1 April 2025

110,411

13,483

123,894

Charge for year

33,613

12,208

45,821

Transfer to ownership

-

(15,941

)

(15,941

)

At 31 March 2026

144,024

9,750

153,774

NET BOOK VALUE

At 31 March 2026

120,221

55,366

175,587

At 31 March 2025

73,084

74,953

148,037

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

845,899

341,736

Loan to Mansbridge Homes Ltd

-

66,062

Tax

-

31,039

VAT

26,084

-

871,983

438,837

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

90,449

21,666

Other loans

-

50,244

Hire purchase contracts

71,079

76,048

Trade creditors

387,973

265,699

Tax

14,599

-

Social security and other taxes

72,512

30,051

Wages

10,543

10,864

VAT

-

8,004

Other creditors

4,118

3,680

Loan from Mansbridge Homes Ltd

211,938

-

Loan from Mansbridge

Developments (UK) Ltd

50,000

-

Directors' current accounts

38,944

241,604

Accrued expenses

4,415

3,935

956,570

711,795

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

21,667

21,667

Bank loans - 2-5 years

8,588

20,734

Bank loans more 5 yr by instal

9,167

14,167

Hire purchase contracts

100,481

46,278

139,903

102,846

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

9,167

14,167

8.	SECURED DEBTS

Barclays Bank PLC hold a fixed and floating charge over the property of the company, in respect of the bank overdraft facility.

9.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

51,467

33,063

Deferred

tax

£

Balance at 1 April 2025

33,063

Provided during year

18,404

Movement in year

Balance at 31 March 2026

51,467

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

4

Ordinary

£1

4

4

11.	RELATED PARTY DISCLOSURES

During the year the company invoiced Mansbridge Homes Ltd, a company in which Paul Mansbridge and Julie Buckmaster are both directors and shareholders, £44,000 (2025 : £Nil) for goods and services. All transactions were conducted on an arms length basis.

At the Balance Sheet date the company owed £211,938 to Mansbridge Homes Ltd and is included in creditors falling due within one year (2025 owed £66,062 from Mansbridge Homes Ltd and is included in debtors falling due within one year).

During the year the company was loaned £50,000 from Mansbridge Developments (UK) Ltd, a company in which Paul Mansbridge is a director and shareholder. This amount was outstanding at the Balance Sheet date (2025 £Nil), and is included in creditors falling due within one year.