MDK Office Seating Limited

Registered number

05908256

Report and Audited Financial Statements

31 December 2025

MDK Office Seating Limited
Report and accounts
Contents




Page

Company information	1
Strategic report	2-3
Directors' report	4-5
Independent auditor's report	6-8
Income statement	9
Statement of financial position	10
Statement of changes in equity	11
Statement of cash flows	12-13
Notes to the financial statements	14

MDK Office Seating Limited

Company Information

Directors

Mr M King

Mrs K King

Mr J King

Mrs J Bloom

Mr L Smith

Mr S Stevenson

Auditors

Magma Audit LLP (part of the Dains Group)

Chartered Accountants

Statutory Auditor

Unit 2, Charnwood Edge Business Park

Syston Road

Leicestershire

LE7 4UZ

Registered office

MDK House

103-107 Boston Road

Leicester

Leicestershire

LE4 1AW

Registered number

05908256

MDK Office Seating Limited
Strategic Report

The Directors present the strategic report for the year ended 31 December 2025. Business Review: The Company has an extensive trade-only customer base within the office furniture market including distributors supplying local authorities, Government departments and other leading public bodies and private organisations. The Company operates via a nationwide sales team, supported by an internal customer service team alongside a comprehensive interactive online marketing website platform. There are also product showrooms at the main manufacturing site in Leicester and at Clerkenwell in London. Uncertainties: The Company has in place the necessary financial instruments required to provide the necessary balances to finance its operations as amounts fall due. Trade and any other debtors receivable are carefully managed in respect of both credit and cash terms. The Company seeks to maintain as broad and targeted customer base as is possible across the available market. Bank balances are managed in line with detailed cashflow forecasts to ensure adequate funds are in place to meet liabilities as they fall due. The Company takes full advantage of any payment discounts offered by suppliers.

The financial performance of the Company continues to be positive although lower against budget. A relocation in quarter 4 from a multi-site operation to a single site facility, designed to bring all the advantages of integration and efficiency for the future, has resulted in increases costs in addition to those of raw materials and labour rates. The Directors remain satisfied with the overall performance in what has been a challenging trading environment. Economic impact of global events: UK businesses continue to operate in an environment characterised by heightened uncertainty arising from environmental sustainability challenges and ongoing geopolitical conflicts, including the ongoing instability in the Middle East. These global events have contributed to persistent economic pressures, giving rise to a range of risks and uncertainties such as elevated inflation, volatile interest rates, labour market constraints, supply chain disruption and evolving working practices. The Directors have assessed the potential impact of these ongoing global events on the Company, including the effectiveness of mitigating actions taken. The Directors have concluded that these matters represent non-adjusting events, with the most significant potential impact arising from indirect economic effects on the wider global and UK economies rather than direct operational disruption. These considerations have been incorporated into the Directors’ going concern assessment. The Directors of the Company continue to actively mitigate potential adverse impacts and, where possible, identify and realise any opportunities arising from the changing economic environment.








This report was approved by the board on 28 August 2026 and signed on its behalf.

Mr M King
Director

MDK Office Seating Limited
Registered number:		05908256
Directors' Report

The directors present their report and financial statements for the year ended 31 December 2025.

Principal activities
The company's principal activity during the year continued to be that of the manufacture and sale of office and commercial seating products.

Dividends
The total distribution of dividends for the year ended 31 December 2025 was £711,500 (2024 - £1,073,500). The directors recommend that no final dividend be paid.

Directors
The following persons served as directors during the year:

	Mr M King
	Mrs K King
	Mr J King
	Mrs J Bloom
	Mr L Smith
	Mr S Stevenson

Directors' responsibilities

The directors are responsible for preparing the report and financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
●	select suitable accounting policies and then apply them consistently;
●	make judgements and estimates that are reasonable and prudent;
●	state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
●	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


Disclosure of information to auditors

Each person who was a director at the time this report was approved confirms that:
●	so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
●	he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.


Auditors
The auditors, Magma Audit LLP (part of the Dains Group), will be proposed for re-appointment
at the forthcoming Annual General Meeting.

This report was approved by the board on 28 August 2026 and signed on its behalf.



Mr M King
Director

MDK Office Seating Limited
Independent auditor's report
to the members of MDK Office Seating Limited

Opinion

We have audited the financial statements of MDK Office Seating Limited (the 'company') for the year ended 31 December 2025 which comprise the Income Statement, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
●	give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the year then ended;
●	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
●	have been prepared in accordance with the requirements of the Companies Act 2006.


Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information included in the Strategic Report and the Directors' Report, but does not include the financial statements and our Report of the Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
●	the information given in the Strategic Report and the Directors’ Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
●	the Strategic Report and the Directors’ Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
●	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
●	the financial statements are not in agreement with the accounting records and returns; or
●	certain disclosures of directors’ remuneration specified by law are not made; or

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page 3, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Based on our understanding of the business and the industry, we have identified the principal risks of non-compliance with laws and regulations related to UK tax legislation and General Data Protection Regulation, and we have considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as Companies Act 2006. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to posting inappropriate journal entries, and management bias in accounting estimates. Audit procedures performed included: - Enquiries with management for consideration of known or suspected instances of non-compliance with laws and regulations and fraud; - Challenging assumptions made by management in their accounting estimates; and - Identifying and testing material journal entries, in particular those journal entries posted with unusual account combinations, journal entries crediting revenue, journal entries crediting cash and journal entries with specific defined descriptions. There are inherent limitations in the audit procedures described above. The more removed non-compliance with laws and regulations is, from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by forgery or intentional misrepresentation, for example, or through collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.


Paul Orton FCA FCCA (Senior Statutory Auditor)
(Senior Statutory Auditor)		Unit 2, Charnwood Edge Business Park
for and on behalf of		Syston Road
Magma Audit LLP (part of the Dains Group)		Leicestershire
Statutory Auditor		LE7 4UZ
28 August 2026

MDK Office Seating Limited
Income Statement
for the year ended 31 December 2025


Notes		2025		2024
£			£

Turnover	2	13,150,058		13,547,977

Cost of sales		(10,120,636)		(10,303,513)

Gross profit		3,029,422		3,244,464

Administrative expenses		(2,728,920)		(2,296,718)
Other operating income		-		2,400

Operating profit	3	300,502		950,146

Interest receivable		4		21,745
Interest payable	6	-		(1,737)

Profit on ordinary activities before taxation		300,506		970,154

Tax on profit on ordinary activities	7	(76,535)		(260,661)

Profit for the financial year		223,971		709,493

MDK Office Seating Limited
Statement of Financial Position
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	8		238,250			188,472

Current assets
Stocks	9	1,190,519			1,216,239
Debtors	10	779,154			851,627
Cash at bank and in hand		1,011,858			1,404,335
		2,981,531			3,472,201

Creditors: amounts falling due within one year	11	(1,815,519)			(1,661,327)

Net current assets			1,166,012			1,810,874

Total assets less current liabilities			1,404,262			1,999,346


Provisions for liabilities
Deferred taxation	13		(59,563)			(47,118)
Other provisions	14		-			(120,000)
			(59,563)			(167,118)

Net assets			1,344,699			1,832,228

Capital and reserves
Called up share capital	15		100			100
Share premium	16		31,491			31,491
Profit and loss account	17		1,313,108			1,800,637

Total equity			1,344,699			1,832,228




Mr M King
Director
Approved by the board on 28 August 2026

MDK Office Seating Limited
Statement of Changes in Equity
for the year ended 31 December 2025

Share		Share		Other		Profit		Total
capital		premium		reserves		and loss
account
£		£		£		£		£

At 1 January 2024	100		31,491		-		2,164,644		2,196,235

Profit for the financial year							709,493		709,493

Dividends							(1,073,500)		(1,073,500)

At 31 December 2024	100		31,491		-		1,800,637		1,832,228



At 1 January 2025	100		31,491		-		1,800,637		1,832,228

Profit for the financial year							223,971		223,971

Dividends							(711,500)		(711,500)

At 31 December 2025	100		31,491		-		1,313,108		1,344,699

MDK Office Seating Limited
Statement of Cash Flows
for the year ended 31 December 2025

Notes	2025		2024
£		£
Operating activities
Profit for the financial year	223,971		709,493

Adjustments for:
Loss on sale of fixed assets	68,854		-
Interest receivable	(4)		(21,745)
Interest payable	-		1,737
Tax on profit on ordinary activities	76,535		260,661
Depreciation	42,048		40,099
Decrease in stocks	25,720		3,991
Decrease/(increase) in debtors	72,473		(81,287)
Increase in creditors	132,720		507,271
	642,317		1,420,220

Interest received	4		21,745
Interest paid	-		(1,737)
Corporation tax paid	(132,484)		(285,156)

Cash generated by operating activities	509,837		1,155,072

Investing activities
Payments to acquire tangible fixed assets	(160,680)		(42,360)

Cash used in investing activities	(160,680)		(42,360)

Financing activities
Equity dividends paid	(711,500)		(1,073,500)
Movement on directors' current accounts	(26,842)		96,535
Capital element of finance lease payments	(3,292)		(7,900)

Cash used in financing activities	(741,634)		(984,865)

Net cash (used)/generated
Cash generated by operating activities	509,837		1,155,072
Cash used in investing activities	(160,680)		(42,360)
Cash used in financing activities	(741,634)		(984,865)

Net cash (used)/generated	(392,477)		127,847

Cash and cash equivalents at 1 January	1,404,335		1,276,488
Cash and cash equivalents at 31 December	1,011,858		1,404,335

Cash and cash equivalents comprise:
Cash at bank	1,011,858		1,404,335


Analysis of changes in net funds
Net cash
Cash at bank and in hand
£

At 1 January 2025	1,404,335
Cashflow	(392,477)
Other non-cash changes	-

At 31 December 2025	1,011,858

Debt
Finance leases
£

At 1 January 2025	(3,292)
Cashflow	3,292
Other non-cash changes	-

At 31 December 2025	-

MDK Office Seating Limited
Notes to the Accounts
for the year ended 31 December 2025

1	Summary of significant accounting policies

	Basis of preparation
	The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The financial statements are presented in Sterling. MDK Office Seating Limited is a private company limited by shares and incorporated in England and Wales. The address of the company's principal place of business and registered office is: MDK House 103-107 Boston Road Leicester LE4 1AW

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Going concern

	At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

	Tangible fixed assets

	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			25% straight line
	Plant & machinery			15/25% reducing balance


	Cash and cash equivalents
	Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of the acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

	Financial instruments
	The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. (i) Financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. (ii) Financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Critical accounting estimates and key sources of estimation uncertainty: In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows: (i) Stock provisioning The company’s products are subject to changing consumer demands. As a result it is necessary to consider the recoverability of the cost of the stock and the associated provisioning required. When calculating the stock provision, management considers the nature, age and condition of the stock, as well as applying assumptions around the saleability of the stock. (ii) Useful economic lives of tangible fixed assets The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual value of the assets. The useful lives and the residual are reassessed annually. They are amended where necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets. See note 8 for the carrying amount of the assets and note 2 for the useful economic lives for each class of asset.

2	Analysis of turnover					2025		2024
£							£

	Sale of goods					13,150,058		13,547,977

	By geographical market:

	UK					13,150,058		13,547,977


3	Operating profit					2025		2024
£							£
	This is stated after charging:

	Depreciation of owned fixed assets					42,048		37,531
	Depreciation of assets held under finance leases and hire purchase contracts					-		2,568
	Operating lease rentals - plant and machinery					35,200		29,347
	Operating lease rentals - land and buildings					403,202		343,436
	Auditors' remuneration for audit services					20,550		19,950
	Loss on disposal of assets					68,855		-


4	Directors' emoluments					2025		2024
£							£

	Emoluments					297,209		270,174
	Company contributions to defined contribution pension plans					33,676		31,163
						330,885		301,337


	Highest paid director:
	Emoluments					86,345		60,365
	Company contributions to defined contribution pension plans					2,201		7,080
						88,546		67,445


	Number of directors to whom retirement benefits accrued:					2025		2024
Number							Number

	Defined contribution plans					6		7


5	Staff costs					2025		2024
£							£

	Wages and salaries					2,533,650		2,266,116
	Social security costs					256,747		190,827
	Other pension costs					67,474		68,528
						2,857,871		2,525,471


	Average number of employees during the year					Number	Number

	Administration					12		11
	Distribution					4		4
	Manufacturing					50		47
	Marketing					3		3
	Sales					9		10
						78		75


6	Interest payable					2025		2024
£							£

	Other loans					-		1,737


7	Taxation					2025		2024
£							£
	Analysis of charge in period
	Current tax:
	UK corporation tax on profits of the period					64,090		248,923

	Deferred tax:
	Origination and reversal of timing differences					12,445		11,738


	Tax on profit on ordinary activities					76,535		260,661


	Factors affecting tax charge for period
	The differences between the tax assessed for the period and the standard rate of corporation tax are explained as follows:

						2025		2024
£							£
	Profit on ordinary activities before tax					300,506		970,154

	Standard rate of corporation tax in the UK					25%		25%

£							£
	Profit on ordinary activities multiplied by the standard rate of corporation tax					75,127		242,539

	Effects of:
	Expenses not deductible for tax purposes					1,407		6,949
	Capital allowances for period in excess of depreciation					(12,444)		(565)

	Current tax charge for period					64,090		248,923





8	Tangible fixed assets
				Plant and machinery		Motor vehicles		Total
				At cost		At cost
£					£		£
	Cost or valuation
	At 1 January 2025			347,530		58,383		405,913
	Additions			160,680		-		160,680
	Disposals			(158,548)		-		(158,548)
	At 31 December 2025			349,662		58,383		408,045

	Depreciation
	At 1 January 2025			159,058		58,383		217,441
	Charge for the year			42,048		-		42,048
	On disposals			(89,694)		-		(89,694)
	At 31 December 2025			111,412		58,383		169,795

	Carrying amount
	At 31 December 2025			238,250		-		238,250
	At 31 December 2024			188,472		-		188,472



						2025		2024
£							£
	Carrying value of plant and machinery included above held under finance leases and hire purchase contracts					-		14,555

	Depreciation charge for the year in respect of leased assets					-		2,568


9	Stocks					2025		2024
£							£

	Raw materials and consumables					1,076,921		1,123,400
	Finished goods and goods for resale					113,598		92,839
						1,190,519		1,216,239


10	Debtors					2025		2024
£							£

	Trade debtors					488,588		631,141
	Other debtors					83,794		47,487
	Prepayments and accrued income					206,772		172,999
						779,154		851,627


11	Creditors: amounts falling due within one year					2025		2024
£							£

	Director's loan account					265,696		292,538
	Obligations under finance lease and hire purchase contracts					-		3,292
	Trade creditors					1,211,877		885,267
	Corporation tax					(24,344)		44,050
	Other taxes and social security costs					268,564		344,239
	Other creditors					2,886		13,132
	Accruals and deferred income					90,840		78,809
						1,815,519		1,661,327


12	Obligations under finance leases and hire purchase					2025		2024
	contracts					£	£

	Amounts payable:
	Within one year					-		3,292



13	Deferred taxation					2025		2024
£							£

	Accelerated capital allowances					59,563		47,118


						2025		2024
£							£

	At 1 January					47,118		35,380
	Charged to the profit and loss account					12,445		11,738

	At 31 December					59,563		47,118

	The movement in deferred tax in the following period, based on current rates and information, is an
	estimated release of £14,900.
	This relates to the reversal of timing differences on capital allowances.

14	Provisions for liabilities
								Dilapidations
£
	At 1 January 2025							120,000
	Amounts used							(120,000)

	At 31 December 2025							-



15	Share capital	Nominal		2025		2025		2024
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		-		90
	A Ordinary shares	£1 each		84		84
	B Ordinary shares	£1 each		10		10		10
	C Ordinary shares	£1 each		6		6
						100		100

	During the year, an ordinary resolution was passed to reclassify 90 Ordinary shares into 84 A Ordinary shares and 6 B Ordinary shares. Ordinary shares carry full voting rights, and are entitled to any such dividends and capital distributions as are distributed specifically to Ordinary shareholders. A Ordinary shares carry full voting rights, and are entitled to any such dividends and capital distributions as are distributed specifically to A Ordinary shareholders. B Ordinary shares carry full voting rights, and are entitled to any such dividends and capital distributions as are distributed specifically to B Ordinary shareholders. C Ordinary shares carry full voting rights, and are entitled to any such dividends and capital distributions as are distributed specifically to C Ordinary shareholders.


16	Share premium					2025		2024
£							£

	At 1 January					31,491		31,491

	At 31 December					31,491		31,491

	The share premium account represents amounts received by the company in excess of share cost price.

17	Profit and loss account					2025		2024
£							£

	At 1 January					1,800,637		2,164,644
	Profit for the financial year					223,971		709,493
	Dividends					(711,500)		(1,073,500)

	At 31 December					1,313,108		1,800,637


18	Dividends					2025		2024
£							£

	Dividends on ordinary shares (note 17)					711,500		1,073,500



19	Pension commitments

	The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions totalling £67,474 (2024 - £68,528) were paid in the period in respect of the defined contribution scheme.


20	Other financial commitments

	Total future minimum lease payments under non-cancellable operating leases:

		Land and buildings		Land and buildings	Other		Other
		2025		2024		2025		2024
£			£		£		£
	Falling due:
	within one year	178,074		324,273		-		-
	within two to five years	1,257,806		4,583		-		-
		1,435,880		328,856		-		-

	Operating lease commitments represent rentals payable by the company for land and buildings. Leases are negotiated for an average term of 3 - 10 years and rentals are fixed during this period. The bank have given a guarantee in favour of HMRC amounting to £60,000 dated 14 July 2009.

21	Directors' advances, credits and guarantees
B/fwd			Advanced		Repaid		C/fwd
£			£		£		£
	Mr M King
	Interest free and no fixed payment terms	(292,538)		644,317		(617,445)		(265,666)

		(292,538)		644,317		(617,445)		(265,666)


22	Related party transactions

	During the year management charges were received from MDK (UK) Ltd, a company controlled by Mr M and Mrs K King, amounting to £nil (2024 - £2,400). During the year, purchases were made from MDK (UK) Ltd amounting to £nil (2024: £691,178). There was an outstanding balance at the year end of £nil (2024 - £800) owing by MDK (UK) Ltd.


23	Controlling party

	The company is under the control of Mr M King by virtue of his majority shareholding in the company.