REGISTERED NUMBER: 01035308 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Martin-Woolman Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs L Gallafent

REGISTERED OFFICE:

Unit 12

Martinfield Business Centre

Martinfield

Welwyn Garden City

Hertfordshire

AL7 1HG

REGISTERED NUMBER:

01035308 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Tangible assets

5

320,135

322,288

CURRENT ASSETS

Stocks

6

172,801

203,023

Debtors

7

895,103

1,009,216

Cash at bank

557,439

422,151

1,625,343

1,634,390

CREDITORS

Amounts falling due within one year

8

214,582

221,472

NET CURRENT ASSETS

1,410,761

1,412,918

TOTAL ASSETS LESS CURRENT LIABILITIES

1,730,896

1,735,206

CREDITORS

Amounts falling due after more than one year

9

(43,411

)

(82,650

)

PROVISIONS FOR LIABILITIES

(79,845

)

(80,342

)

NET ASSETS

1,607,640

1,572,214

CAPITAL AND RESERVES

Called up share capital

11,112

11,112

Share premium

28,890

28,890

Retained earnings

1,567,638

1,532,212

SHAREHOLDERS' FUNDS

1,607,640

1,572,214

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2026 and were signed by:

Mrs L Gallafent - Director

1.	STATUTORY INFORMATION

Martin-Woolman 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Going concern

These financial statements are prepared on the going concern basis. The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the continuing support of the company director and shareholder. If the company were unable to continue in existence for the foreseeable future, adjustments would be necessary to reduce the balance sheet values of assets to their recoverable amounts and to reclassify fixed assets as current assets.

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% Reducing balance

Fixtures and fittings

-

15% reducing balance method

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 7 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

330,934

48,420

153,477

23,183

556,014

Additions

66,587

5,703

-

-

72,290

At 31 March 2026

397,521

54,123

153,477

23,183

628,304

DEPRECIATION

At 1 April 2025

169,483

42,985

-

21,258

233,726

Charge for year

33,400

1,299

38,369

1,375

74,443

At 31 March 2026

202,883

44,284

38,369

22,633

308,169

NET BOOK VALUE

At 31 March 2026

194,638

9,839

115,108

550

320,135

At 31 March 2025

161,451

5,435

153,477

1,925

322,288

6.

STOCKS

31/3/26

31/3/25

£

£

Raw materials

51,668

35,873

Work-in-progress

121,133

167,150

172,801

203,023

The stock figure is stated after stock provisions of £24,126 (2025: £51,043).

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

103,043

196,372

Amounts owed by group undertakings

782,793

745,076

Other debtors

9,267

67,768

895,103

1,009,216

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Hire purchase contracts

36,416

29,850

Trade creditors

98,375

106,942

Taxation and social security

66,424

72,814

Other creditors

13,367

11,866

214,582

221,472

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Hire purchase contracts

43,411

82,650

10.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/26

31/3/25

£

£

Hire purchase contracts

79,827

112,500

Hire purchase liabilities are secured against the relevant asset.

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Martin-Woolman Holdings Limited.

The ultimate controlling party is Ms L Gallafent by virtue of her shareholding in the above company.