REGISTERED NUMBER: 02098855 (England and Wales)

McNaughton Dynamics Limited

Financial Statements for the Year Ended 31 May 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mrs A M M McNaughton

Mr A J McNaughton

Mrs L Tattersall

Mr O Tattersall

SECRETARY:

Mrs A M M McNaughton

REGISTERED OFFICE:

Willlow Tree House

9 Carters Lane

Long Crendon

Aylesbury

Buckinghamshire

HP18 9DE

REGISTERED NUMBER:

02098855 (England and Wales)

FIXED ASSETS

Tangible assets

4

39,226

21,728

CURRENT ASSETS

Stocks

3,805

2,920

Debtors

5

100,603

70,673

Cash at bank

90,521

87,082

194,929

160,675

CREDITORS

Amounts falling due within one year

6

(74,871

)

(75,214

)

NET CURRENT ASSETS

120,058

85,461

TOTAL ASSETS LESS CURRENT LIABILITIES

159,284

107,189

PROVISIONS FOR LIABILITIES

(6,689

)

(2,260

)

NET ASSETS

152,595

104,929

CAPITAL AND RESERVES

Called up share capital

16,000

16,000

Retained earnings

136,595

88,929

SHAREHOLDERS' FUNDS

152,595

104,929

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 August 2026 and were signed on its behalf by:

Mr A J McNaughton - Director

1.	STATUTORY INFORMATION

McNaughton Dynamics 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 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.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% 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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Fixed assets

All fixed assets are initially recorded at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2025

11,478

198,180

209,658

Additions

-

28,730

28,730

Disposals

-

(181,965

)

(181,965

)

At 31 May 2026

11,478

44,945

56,423

DEPRECIATION

At 1 June 2025

-

187,930

187,930

Charge for year

-

9,250

9,250

Eliminated on disposal

-

(179,983

)

(179,983

)

At 31 May 2026

-

17,197

17,197

NET BOOK VALUE

At 31 May 2026

11,478

27,748

39,226

At 31 May 2025

11,478

10,250

21,728

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

99,614

66,504

Other debtors

989

4,169

100,603

70,673

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

9,444

12,829

Taxation and social security

56,743

51,388

Other creditors

8,684

10,997

74,871

75,214