Maltby Land Surveys Limited 31/05/2026 iXBRL

Company registration number: 04005129

Maltby Land Surveys Limited

Unaudited filleted financial statements

31 May 2026

Maltby Land Surveys Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Maltby Land Surveys Limited

Directors and other information


	Directors	R A Maltby
		S J Maltby
		A K Maltby


	Secretary	R A Maltby


	Company number	04005129


	Registered office	2 Queens Road
		Haywards Heath
		West Sussex
		RH16 1EB


	Accountants	Maxwell-Gumbleton & Co
		1 West Street
		Lewes
		East Sussex
		BN7 2NZ

Maltby Land Surveys Limited

Statement of financial position

31 May 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	365,986		259,788
		_______		_______
			365,986		259,788

Current assets
Debtors	6	466,071		452,018
Cash at bank and in hand		98,091		65,263
		_______		_______
		564,162		517,281
Creditors: amounts falling due
within one year	7	( 460,359)		( 543,837)
		_______		_______
Net current assets/(liabilities)			103,803		( 26,556)
			_______		_______
Total assets less current liabilities			469,789		233,232

Creditors: amounts falling due
after more than one year	8		( 245,472)		( 45,474)

Provisions for liabilities	9		( 80,297)		( 53,708)

			_______		_______
Net assets			144,020		134,050
			_______		_______

Capital and reserves
Called up share capital	11		9		9
Profit and loss account			144,011		134,041
			_______		_______
Shareholders funds			144,020		134,050
			_______		_______

For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 03 August 2026 , and are signed on behalf of the board by:

R A Maltby

Director

Company registration number: 04005129

Maltby Land Surveys Limited

Notes to the financial statements

Year ended 31 May 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Queens Road, Haywards Heath, West Sussex, RH16 1EB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	Over term of lease
Plant and machinery	-	25%/20% straight line
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

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

4. Employee numbers

The average number of persons employed by the company during the year amounted to 38 (2025: 38 ).

5. Tangible assets

	Short leasehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1 June 2025	48,159	836,450	22,259	906,868
Additions	-	223,352	-	223,352
Disposals	-	-	( 10,979)	( 10,979)
	_______	_______	_______	_______
At 31 May 2026	48,159	1,059,802	11,280	1,119,241
	_______	_______	_______	_______
Depreciation
At 1 June 2025	39,901	588,350	18,829	647,080
Charge for the year	3,003	110,721	2,516	116,240
Disposals	-	-	( 10,065)	( 10,065)
	_______	_______	_______	_______
At 31 May 2026	42,904	699,071	11,280	753,255
	_______	_______	_______	_______
Carrying amount
At 31 May 2026	5,255	360,731	-	365,986
	_______	_______	_______	_______
At 31 May 2025	8,258	248,100	3,430	259,788
	_______	_______	_______	_______

Obligations under finance leases

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:


		Plant and machinery
		£
	At 31 May 2026	216,099
		_______
	At 31 May 2025	20,464
		_______

6. Debtors

	2026	2025
	£	£
Trade debtors	351,662	312,742
Other debtors	114,409	139,276
	_______	_______
	466,071	452,018
	_______	_______

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	14,627	45,753
Trade creditors	47,390	113,135
Corporation tax	73,096	-
Social security and other taxes	103,667	204,848
Other creditors	221,579	180,101
	_______	_______
	460,359	543,837
	_______	_______

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	40,722	44,390
Other creditors	204,750	1,084
	_______	_______
	245,472	45,474
	_______	_______

9. Provisions

	Deferred tax (note 10)	Total
	£	£
At 1 June 2025	53,708	53,708
Charges against provisions	26,589	26,589
	_______	_______
At 31 May 2026	80,297	80,297
	_______	_______

10. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2026	2025
	£	£
Included in provisions (note 9)	80,297	53,708
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2026	2025
	£	£
Accelerated capital allowances	80,297	53,708
	_______	_______

11. Called up share capital

Issued, called up and fully paid

	2026		2025
	No	£	No	£
Ordinary shares shares of £ 1.00 each	3	3	3	3
Ordinary B shares shares of £ 1.00 each	3	3	3	3
Ordinary C share shares of £ 1.00 each	3	3	3	3
	_______	_______	_______	_______
	9	9	9	9
	_______	_______	_______	_______

12. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	168,777	190,029
Later than 1 year and not later than 5 years	278,144	175,269
Later than 5 years	147,000	-
	_______	_______
	593,921	365,298
	_______	_______

13. Controlling party

There is no overall control of the shares. The Company is under joint control of the directors.

14. Secured debts

Bank loans of £44,946 (2025: £41,770) included within creditors are secured by a standard debenture and personal guarantee by the directors. The finance lease contracts are secured on the assets concerned and by personal guarantees and indemnities given by the directors. The factoring company holds a fixed and floating charge over the assets of the Company, together with a personal guarantee and indemnity limited to £100,000 jointly and severally from the directors.