McDonald Brown Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01253816

McDonald Brown Limited

Filleted Unaudited Financial Statements

31 March 2026

McDonald Brown Limited

Financial Statements

Year ended 31 March 2026

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 7

McDonald Brown Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5	67,833	88,316
Investments	6	–	145,000
		--------	---------
		67,833	233,316

Current assets

Stocks		14,205	15,876
Debtors	7	1,637,142	1,478,272
Cash at bank and in hand		483,255	119,111
		------------	------------
		2,134,602	1,613,259

Creditors: amounts falling due within one year	8	( 1,397,769)		( 1,140,246)
		------------		------------
Net current assets			736,833	473,013
			---------	---------
Total assets less current liabilities			804,666	706,329

Creditors: amounts falling due after more than one year	9		( 21,477)	( 45,891)

Provisions

Taxation including deferred tax	( 14,261)	( 19,209)
	---------	---------
Net assets	768,928	641,229
	---------	---------

McDonald Brown Limited

Statement of Financial Position (continued)

31 March 2026

	2026		2025
Note	£	£	£

Capital and reserves

Called up share capital	20,000	20,000
Profit and loss account	748,928	621,229
	---------	---------
Shareholders funds	768,928	641,229
	---------	---------

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.

For the year ending 31 March 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 were approved by the board of directors and authorised for issue on 20 August 2026 , and are signed on behalf of the board by:

Mr G.D McDonald

Managing Director

Company registration number: 01253816

McDonald Brown Limited

Notes to the Financial Statements

Year ended 31 March 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 Units 11 & 12 Upminster Trading Park, Warley Street, Upminster, Essex, RM14 3PJ.

2. Statement of compliance

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

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

The turnover shown in the profit and loss account represents the value of services provided during the year exclusive of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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 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 equity, 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity 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:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Office and computer equipment	-	20% Straight line and Reducing balance

Investments

Investments are initially recorded at cost and are regarded as monetary assets. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. If any such indication of impairment exists, the Company makes an estimate of the recoverable amount. If the recoverable amount is less than the value of the investment, the investment is considered to be impaired and is written down to its recoverable amount. An impairment loss is recognised immediately in the profit and loss account.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

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 as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 17 (2025: 18 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 April 2025	22,811	157,993	40,772	221,576
Additions	–	–	2,491	2,491
Disposals	–	–	( 1,756)	( 1,756)
	--------	---------	--------	---------
At 31 March 2026	22,811	157,993	41,507	222,311
	--------	---------	--------	---------
Depreciation
At 1 April 2025	20,418	75,147	37,695	133,260
Charge for the year	599	20,712	1,663	22,974
Disposals	–	–	( 1,756)	( 1,756)
	--------	---------	--------	---------
At 31 March 2026	21,017	95,859	37,602	154,478
	--------	---------	--------	---------
Carrying amount
At 31 March 2026	1,794	62,134	3,905	67,833
	--------	---------	--------	---------
At 31 March 2025	2,393	82,846	3,077	88,316
	--------	---------	--------	---------

Finance leases and hire purchase contracts

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

	Motor vehicles
	£
At 31 March 2026	53,917
	--------
At 31 March 2025	80,177
	--------

6. Investments

	Other investments other than loans
	£
Cost
At 1 April 2025 and 31 March 2026	275,000
	---------
Impairment
At 1 April 2025	130,000
Impairment losses	145,000
	---------
At 31 March 2026	275,000
	---------

Carrying amount
At 31 March 2026	–
	---------
At 31 March 2025	145,000
	---------

7. Debtors

	2026	2025
	£	£
Trade debtors	1,158,253	1,139,463
Amounts owed by group undertakings and undertakings in which the company has a participating interest	–	34,766
Other debtors	478,889	304,043
	------------	------------
	1,637,142	1,478,272
	------------	------------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	1,042,050	831,634
Amounts owed to group undertakings and undertakings in which the company has a participating interest	43	–
Corporation tax	214,956	173,965
Social security and other taxes	19,072	21,429
Other creditors	121,648	113,218
	------------	------------
	1,397,769	1,140,246
	------------	------------

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

	2026	2025
	£	£
Other creditors	21,477	45,891
	--------	--------

10. Operating leases

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

	2026	2025
	£	£
Not later than 1 year	–	6,422
Later than 1 year and not later than 5 years	60,733	60,733
	--------	--------
	60,733	67,155
	--------	--------

11. Related party transactions

During the year dividends of £287,000 (2025 £301,750) were paid to the parent company McDonald Insulation and Maintenance Limited. The balances (owed)/due from McDonald Insulation and Maintenance Limited and included in debtors/(creditors) is as follows :-

	2026	2025
	£	£
	(43)	34,766
	----	--------

The loan is interest free and repayable on demand.

12. Controlling party

The company is a 100% owned subsidiary of McDonald Insulation and Maintenance Limited, a company incorporated in England.