REGISTERED NUMBER: 13220606 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2026

FOR

MAISON WHITE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ronald Mcconnachie

Michele Mcconnachie

Elise Sykes

REGISTERED OFFICE:

27 High Street

Benson

Wallingford

Oxfordshire

OX10 6RP

REGISTERED NUMBER:

13220606 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Intangible assets

4

325,000

390,000

Tangible assets

5

276,686

16,001

601,686

406,001

CURRENT ASSETS

Stocks

6

337,674

309,657

Debtors

7

4,978

12,491

Cash and cash equivalents

54,123

46,110

396,775

368,258

CREDITORS

Amounts falling due within one year

8

364,485

756,407

NET CURRENT ASSETS/(LIABILITIES)

32,290

(388,149

)

TOTAL ASSETS LESS CURRENT LIABILITIES

633,976

17,852

CREDITORS

Amounts falling due after more than one year

9

(203,500

)

-

PROVISIONS FOR LIABILITIES

11

(3,422

)

(3,873

)

NET ASSETS

427,054

13,979

CAPITAL AND RESERVES

Called up share capital

12

25

25

Share premium

450,000

-

Retained earnings

(22,971

)

13,954

SHAREHOLDERS' FUNDS

427,054

13,979

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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 20th August 2026 and were signed on its behalf by:

Ronald Mcconnachie - Director

1.	STATUTORY INFORMATION

Maison White Ltd 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 2021, is being amortised evenly over its estimated useful life of ten 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 the cost less estimated residual value of each asset over its estimated useful life.

Fixtures & Fittings - 20%

Computer Equipment - 20%

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st March 2025

and 28th February 2026

650,000

AMORTISATION

At 1st March 2025

260,000

Amortisation for year

65,000

At 28th February 2026

325,000

NET BOOK VALUE

At 28th February 2026

325,000

At 28th February 2025

390,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1st March 2025

-

17,563

3,873

21,436

Additions

313,320

-

886

314,206

At 28th February 2026

313,320

17,563

4,759

335,642

DEPRECIATION

At 1st March 2025

-

4,319

1,116

5,435

Charge for year

50,320

2,649

552

53,521

At 28th February 2026

50,320

6,968

1,668

58,956

NET BOOK VALUE

At 28th February 2026

263,000

10,595

3,091

276,686

At 28th February 2025

-

13,244

2,757

16,001

6.

STOCKS

2026

2025

£

£

Stocks

337,674

309,657

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

2,759

6,645

Prepayments and accrued income

2,219

5,846

4,978

12,491

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Leases (see note 10)

59,500

-

Trade creditors

110,215

67,596

Tax

6,998

19,072

Social security and other taxes

6,544

2,665

VAT

3,516

6,916

Directors' current accounts

173,682

651,257

Accrued expenses

4,030

8,901

364,485

756,407

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Leases (see note 10)

203,500

-

10.

LEASING

Leases are recognised as finance leases. The lease liability is initially recognised at the present value of the lease payments which have not yet been made and subsequently measured under the amortised cost method. The initial cost of the right-of-use asset comprises the amount of the initial measurement of the lease liability, lease payments made prior to the lease commencement date, initial direct costs and the estimated costs of removing or dismantling the underlying asset per the conditions of the contract.

Where ownership of the right-of-use asset transfers to the lessee at the end of the lease term, the right-of-use asset is depreciated over the asset’s remaining useful life. If ownership of the right-of-use asset does not transfer to the lessee at the end of the lease term, depreciation is charged over the shorter of the useful life of the right-of-use asset and the lease term.

11.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

3,422

3,873

Deferred

tax

£

Balance at 1st March 2025

3,873

Provided during year

(451

)

Balance at 28th February 2026

3,422

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

25

Ordinary

£1

25

25

13.	RELATED PARTY DISCLOSURES

At the year end the company owed £173,670 (2025: £650,070) to two of its directors. This amount is interest free and repayable on demand.

During the year dividends amounting to £Nil (2025: £24,000) were paid to its directors