REGISTERED NUMBER: 11912315 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2026

for

MCCORQUODALE (MIDLANDS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C A Bullwright

Mrs K Bullwright

REGISTERED OFFICE:

35 Kingsway Industrial Park

Kingsway Park Close

Derby

Derbyshire

DE22 3FP

REGISTERED NUMBER:

11912315 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

13,123

50,273

13,123

50,273

CURRENT ASSETS

Stocks

27,506

30,888

Debtors

6

110,930

73,666

Cash at bank and in hand

-

14,253

138,436

118,807

CREDITORS

Amounts falling due within one year

7

109,428

79,625

NET CURRENT ASSETS

29,008

39,182

TOTAL ASSETS LESS CURRENT LIABILITIES

42,131

89,455

CREDITORS

Amounts falling due after more than one year

8

28,214

73,766

NET ASSETS

13,917

15,689

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

13,817

15,589

13,917

15,689

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 20th August 2026 and were signed on its behalf by:

C A Bullwright - Director

1.	STATUTORY INFORMATION

McCorquodale (Midlands) 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

63,043

AMORTISATION

At 1st April 2025

and 31st March 2026

63,043

NET BOOK VALUE

At 31st March 2026

-

At 31st March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2025

6,781

93,312

100,093

Additions

3,593

169

3,762

Disposals

(2,370

)

(72,465

)

(74,835

)

At 31st March 2026

8,004

21,016

29,020

DEPRECIATION

At 1st April 2025

2,285

47,535

49,820

Charge for year

800

9,515

10,315

Eliminated on disposal

(1,185

)

(43,053

)

(44,238

)

At 31st March 2026

1,900

13,997

15,897

NET BOOK VALUE

At 31st March 2026

6,104

7,019

13,123

At 31st March 2025

4,496

45,777

50,273

6.

DEBTORS

31.3.26

31.3.25

£

£

Amounts falling due within one year:

Trade debtors

35,582

10,041

Amounts owed by group undertakings

61,938

48,261

Other debtors

8,100

10,054

105,620

68,356

Amounts falling due after more than one year:

Other debtors

5,310

5,310

Aggregate amounts

110,930

73,666

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

23,336

21,766

Hire purchase contracts

-

9,725

Trade creditors

46,788

22,834

Taxation and social security

5,560

-

Other creditors

33,744

25,300

109,428

79,625

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

28,214

48,281

Hire purchase contracts

-

25,485

28,214

73,766

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2026 and 31st March 2025:

31.3.26

31.3.25

£

£

C A Bullwright and Mrs K Bullwright

Balance outstanding at start of year

(25,000

)

(16,690

)

Amounts advanced

(4,464

)

(8,310

)

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(29,464

)

(25,000

)