REGISTERED NUMBER: 04877577 (England and Wales)

Martin Cox Chamois Finishers Limited

Unaudited Financial Statements

For The Year Ended 30th November 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

M A Cox

R A Dalton

S T Lonergan

SECRETARY:

M A Cox

REGISTERED OFFICE:

310 Wellingborough Road

Northampton

Northamptonshire

NN1 4EP

BUSINESS ADDRESS:

Jacksons' Lane

Wellingborough

Northamptonshire

NN8 4LP

REGISTERED NUMBER:

04877577 (England and Wales)

ACCOUNTANTS:

Cheney & Co

310 Wellingborough Road

Northampton

NN1 4EP

FIXED ASSETS

Tangible assets

5

962,421

993,013

Investments

6

100,000

100,000

1,062,421

1,093,013

CURRENT ASSETS

Stocks

1,932,624

1,862,669

Debtors

7

836,061

933,369

Cash at bank and in hand

124,415

59,292

2,893,100

2,855,330

CREDITORS

Amounts falling due within one year

8

436,159

671,007

NET CURRENT ASSETS

2,456,941

2,184,323

TOTAL ASSETS LESS CURRENT LIABILITIES

3,519,362

3,277,336

CREDITORS

Amounts falling due after more than one year

9

(389,222

)

(402,176

)

PROVISIONS FOR LIABILITIES

12

(4,300

)

(5,600

)

NET ASSETS

3,125,840

2,869,560

CAPITAL AND RESERVES

Called up share capital

13

2

2

Retained earnings

3,125,838

2,869,558

SHAREHOLDERS' FUNDS

3,125,840

2,869,560

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 17th April 2026 and were signed on its behalf by:

M A Cox - Director

1.	STATUTORY INFORMATION

Martin Cox Chamois Finishers 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 (£).

The principal activity of the company in the year under review was that of the wholesale of other intermediate products

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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

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.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

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 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 20 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st December 2024

988,043

139,113

11,378

78,341

1,216,875

Additions

3,500

-

-

-

3,500

At 30th November 2025

991,543

139,113

11,378

78,341

1,220,375

DEPRECIATION

At 1st December 2024

52,115

106,511

5,627

59,609

223,862

Charge for year

19,823

8,150

1,437

4,682

34,092

At 30th November 2025

71,938

114,661

7,064

64,291

257,954

NET BOOK VALUE

At 30th November 2025

919,605

24,452

4,314

14,050

962,421

At 30th November 2024

935,928

32,602

5,751

18,732

993,013

6.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1st December 2024

and 30th November 2025

100,000

NET BOOK VALUE

At 30th November 2025

100,000

At 30th November 2024

100,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

588,531

602,795

Other debtors

247,530

330,574

836,061

933,369

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

21,083

31,536

Hire purchase contracts

3,750

7,498

Trade creditors

79,917

218,620

Taxation and social security

177,984

114,920

Other creditors

153,425

298,433

436,159

671,007

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

385,816

395,020

Hire purchase contracts

3,406

7,156

389,222

402,176

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

282,955

251,893

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

21,083

31,536

Amounts falling due between one and two years:

Bank loans - 1-2 years

22,792

33,150

Amounts falling due between two and five years:

Bank loans - 2-5 years

80,069

109,977

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

282,955

251,893

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

406,899

426,556

National Westminster Bank PLC have fixed and floating charges over the undertaking and all property and assets present and future including goodwill book debts uncalled capital buildings fixtures fixed plant and machinery.

Lloyds Bank PLC have a fixed charge and a floating charge.

The floating charge covers all the property or undertaking of the company.

Lloyds Bank Commercial Finance LTD have a fixed charge and a floating charge.

The floating charge covers all the property or undertaking of the company.

Lloyds Bank PLC have a fixed charge and a floating charge on the freehold property known as 7 Finedon Sidings Industrial Estate, Furnace Lane, Finedon, Wellingborough NN9 5.NY.

The floating charge covers all the property or undertaking of the company.

Rbs Invoice Finance Ltd have a fixed and floating charge. The floating charge covers all the property or undertaking of the company.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

4,300

5,600

Deferred

tax

£

Balance at 1st December 2024

5,600

Credit to Income Statement during year

(1,300

)

Balance at 30th November 2025

4,300

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

14.	CONTINGENT LIABILITIES

There were no contingent liabilities at 30th November 2025 or 30th November 2024.

15.	CAPITAL COMMITMENTS

There were no capital commitments at 30th November 2025 or 30th November 2024.