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Registered number: 03697758
Mayflower KBB Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Blue-Shore Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03697758
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 508,024 627,812
Investments 5 100 100
508,124 627,912
CURRENT ASSETS
Stocks 6 259,258 531,576
Debtors 7 683,153 606,563
Cash at bank and in hand 1,630,421 2,128,889
2,572,832 3,267,028
Creditors: Amounts Falling Due Within One Year 8 (2,215,985 ) (2,755,438 )
NET CURRENT ASSETS (LIABILITIES) 356,847 511,590
TOTAL ASSETS LESS CURRENT LIABILITIES 864,971 1,139,502
Creditors: Amounts Falling Due After More Than One Year 9 (112,466 ) (297,820 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (124,159 ) (124,159 )
NET ASSETS 628,346 717,523
CAPITAL AND RESERVES
Called up share capital 11 150 150
Profit and Loss Account 628,196 717,373
SHAREHOLDERS' FUNDS 628,346 717,523
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For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
N E Stonecliffe
Director
09/09/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Mayflower KBB Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03697758 . The registered office is Castle Road Chelston Business Park, Wellington, Somerset, TA21 9JQ.
The presentation currency of the financial statements is the Pound Sterling (£). 
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 5% straight line
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 45 (2025: 41)
45 41
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 February 2025 288,497 1,143,142 1,431,639
Disposals - (18,980 ) (18,980 )
As at 31 January 2026 288,497 1,124,162 1,412,659
Depreciation
As at 1 February 2025 283,768 520,059 803,827
Provided during the period 4,729 109,006 113,735
Disposals - (12,927 ) (12,927 )
As at 31 January 2026 288,497 616,138 904,635
Net Book Value
As at 31 January 2026 - 508,024 508,024
As at 1 February 2025 4,729 623,083 627,812
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5. Investments
Unlisted
£
Cost or Valuation
As at 1 February 2025 100
As at 31 January 2026 100
Provision
As at 1 February 2025 -
As at 31 January 2026 -
Net Book Value
As at 31 January 2026 100
As at 1 February 2025 100
6. Stocks
2026 2025
£ £
Stock 259,258 531,576
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 663,355 584,080
Amounts owed by group undertakings 16,589 6,869
Other debtors 3,209 15,614
683,153 606,563
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 72,029 95,137
Trade creditors 704,041 965,864
Bank loans and overdrafts 116,305 289,632
Amounts owed to group undertakings - 24,023
Other creditors 851,893 910,615
Taxation and social security 471,717 470,167
2,215,985 2,755,438
Bank loans are secured by way of fixed and floating charges over all of the company's assets.
Hire purchase and finance leases are secured against the assets to which they relate.
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9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 106,599 177,050
Bank loans 5,867 120,770
112,466 297,820
10. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 72,029 95,137
Later than one year and not later than five years 106,599 177,050
178,628 272,187
178,628 272,187
11. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 150 150
12. Related Party Transactions
Unless otherwise disclosed, all related party transactions have been conducted under normal market conditions, including dividend payments to its shareholders. 
13. Ultimate Controlling Party
The immediate parent is Mayflower KBB Group Limited incorporated in England and Wales.
The company's ultimate controlling party is Mayflower KBB Group Employee Ownership Trust by virtue of its  ownership of 100% of the issued share capital in Mayflower KBB Group Limited.
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