REGISTERED NUMBER: 07111513 (England and Wales)

Strategic Report, Report of the Director and

Financial Statements

for the Year Ended 31 December 2025

for

Maber Construction & Interiors Limited

Page

Company Information

1

Strategic Report

2

Report of the Director

3

Report of the Independent Auditors

4

Statement of Comprehensive Income

8

Balance Sheet

9

Statement of Changes in Equity

10

Cash Flow Statement

11

Notes to the Cash Flow Statement

12

Notes to the Financial Statements

13

DIRECTOR:

D Cranham

SECRETARY:

D Cranham

REGISTERED OFFICE:

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

REGISTERED NUMBER:

07111513 (England and Wales)

AUDITORS:

Bristow Burrell

Statutory Auditors

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

The director presents his strategic report for the year ended 31 December 2025.

We are pleased to announce that the company turnover increased in the year by 11%, this has been achieved in what has been a challenging market place with ongoing conflicts around the world impacting on worldwide travel, which has in turn has put pressure on the spending decisions of Airports and associated businesses..

This has been achieved even though there is continued pressure on gross margins with the increase in material, labour and energy costs. We have established a robust and flexible supply chain which has allowed us to take advantage of opportunities as they arise.

The ongoing world instability is the company's major concern going forward, and the possible affect it has on our customers investment decisions. Other factors including the rising cost of living and high interest rates have also continued a general slowdown of the economy.

Despite these challenges, we are pleased with the company's continued growth and profitability and believe we are maintaining and building on our position in the market sector in which we operate.

In the current year we will continue to invest in the business and our staff and are committed to delivering an excellent service by investing in our premises, vehicles, and staff training programmes.

We undertake regular ongoing business reviews and challenge ourselves to improve wherever possible.

and will continue developing our IT systems to enhance service, visibility, and protection against the evolving threats of cybercrime, and to expand and enhance our head office capabilities.

We anticipate continued economic pressures within the sector and with the supply chain. However, we believe the business is well prepared to manage these challenges and will benefit from the meaningful relationships we have formed with our key customers and suppliers, and are confident the company can continue to expand and develop over the next five years.

ON BEHALF OF THE BOARD:

D Cranham - Director

28 August 2026

The director presents his report with the financial statements of the company for the year ended 31 December 2025.

DIVIDENDS

An interim dividend of £3,455 per share was paid on 31 December 2025. The director recommends that no final dividend be paid.

The total distribution of dividends for the year ended 31 December 2025 will be £ 691,000 .

DIRECTOR

D Cranham held office during the whole of the period from 1 January 2025 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is 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 director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is 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 him to ensure that the financial statements comply with the Companies Act 2006. He is 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.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are 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 auditors are aware of that information.

AUDITORS

The auditors, Bristow Burrell, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

D Cranham - Director

28 August 2026

Opinion

We have audited the financial statements of Maber Construction & Interiors Limited (the 'company') for the year ended 31 December 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of 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 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; and

-	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 Auditors' 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 director's 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 director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, 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 Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Director 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 Report of the Director.

We have nothing to report in respect of the following matters where 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 director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page three, the director is 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 director determines 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 director is 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 director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditors' 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:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the construction and engineering sector;

- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, the financial reporting framework FRS 102, UK taxation legislation, UK VAT rules, data protection, anti-bribery, employment, environmental and health and safety legislation;

- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal, HMRC, Companies House, Board correspondence; and

- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We used up to date tax and legislation checklists to confirm compliance with those laws and regulations.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud;

- considering the internal controls and segregation of duties in place to mitigate risks of fraud and non-compliance with laws and regulations;

- using analytical procedures to identify any unusual or unexpected transactions and sampling tests to confirm material balances in the financial statements. We directed our audit procedures to those areas which we identified as particularly susceptible to misstatement due to fraud, including related parties and their transactions;

- considering the possibility of fraudulent or corrupt payments made through third parties and the risk of bribery and corruption occurring in the areas of the world where the entity does business; and

- considering the selection of appropriate accounting policies by management which do not attempt to manipulate earnings figures and the use by us of random sampling testing in our audit procedures.

To address the risk of fraud through management bias and override of controls, we:

- performed analytical procedures to identify any unusual or unexpected relationships;

- tested journal entries to identify unusual transactions;

- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias;

- investigated the rationale behind significant or unusual transactions, including related party and group transactions; and

- considered targets and remuneration that might influence management and documented and tested the entity's systems and any weaknesses in internal controls. We identified and validated any transactions that appeared to be outside the normal course of business.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- agreeing financial statement disclosures to underlying supporting documentation;

- reading the minutes of meetings of those charged with governance;

- enquiring of management as to actual and potential litigation and claims; and

- ensuring that additional audit testing and scrutiny was carried out on any transactions or areas displaying the identified risk criteria, including discussions with our own tax specialists.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or 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.

Other matters which we are required to address

The corresponding figures for the year ended 31 December 2024 are unaudited. While we were appointed to audit the financial statements for the current period ended 31 December 2025, we were not required to and did not perform an audit of the corresponding figures for the prior period. Accordingly, we do not express an audit opinion on the figures for the prior period.

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.

R Spicer (Senior Statutory Auditor)

for and on behalf of Bristow Burrell

Statutory Auditors

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

28 August 2026

TURNOVER

14,893,857

13,419,649

Cost of sales

10,200,408

9,901,143

GROSS PROFIT

4,693,449

3,518,506

Administrative expenses

1,559,662

1,311,549

OPERATING PROFIT

4

3,133,787

2,206,957

Interest receivable and similar income

53,600

11,645

PROFIT BEFORE TAXATION

3,187,387

2,218,602

Tax on profit

5

822,546

565,737

PROFIT FOR THE FINANCIAL YEAR

2,364,841

1,652,865

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

2,364,841

1,652,865

FIXED ASSETS

Tangible assets

7

412,260

367,504

CURRENT ASSETS

Stocks

8

291,553

182,837

Debtors

9

1,913,275

2,711,469

Cash at bank

4,686,914

2,298,132

6,891,742

5,192,438

CREDITORS

Amounts falling due within one year

10

2,332,306

2,263,276

NET CURRENT ASSETS

4,559,436

2,929,162

TOTAL ASSETS LESS CURRENT LIABILITIES

4,971,696

3,296,666

CREDITORS

Amounts falling due after more than one year

11

(5,833

)

(15,833

)

PROVISIONS FOR LIABILITIES

13

(103,065

)

(91,876

)

NET ASSETS

4,862,798

3,188,957

CAPITAL AND RESERVES

Called up share capital

14

200

200

Retained earnings

15

4,862,598

3,188,757

SHAREHOLDERS' FUNDS

4,862,798

3,188,957

The financial statements were approved by the director and authorised for issue on 28 August 2026 and were signed by:

D Cranham - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 January 2024

200

1,603,892

1,604,092

Changes in equity

Dividends

-

(68,000

)

(68,000

)

Total comprehensive income

-

1,652,865

1,652,865

Balance at 31 December 2024

200

3,188,757

3,188,957

Changes in equity

Dividends

-

(691,000

)

(691,000

)

Total comprehensive income

-

2,364,841

2,364,841

Balance at 31 December 2025

200

4,862,598

4,862,798

Cash flows from operating activities

Cash generated from operations

1

4,001,801

763,078

Tax paid

(827,878

)

(99,032

)

Net cash from operating activities

3,173,923

664,046

Cash flows from investing activities

Purchase of tangible fixed assets

(138,216

)

(133,074

)

Interest received

53,600

11,645

Net cash from investing activities

(84,616

)

(121,429

)

Cash flows from financing activities

Capital repayments in year

(10,000

)

25,833

Amount withdrawn by directors

475

(743

)

Equity dividends paid

(691,000

)

(68,000

)

Net cash from financing activities

(700,525

)

(42,910

)

Increase in cash and cash equivalents

2,388,782

499,707

Cash and cash equivalents at beginning of year

2

2,298,132

1,798,425

Cash and cash equivalents at end of year

2

4,686,914

2,298,132

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

31.12.25

31.12.24

(Unaudited)

£

£

Profit before taxation

3,187,387

2,218,602

Depreciation charges

93,462

81,274

Finance income

(53,600

)

(11,645

)

3,227,249

2,288,231

(Increase)/decrease in stocks

(108,716

)

6,416

Decrease/(increase) in trade and other debtors

798,194

(1,997,358

)

Increase in trade and other creditors

85,074

465,789

Cash generated from operations

4,001,801

763,078

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 December 2025

31.12.25

1.1.25

£

£

Cash and cash equivalents

4,686,914

2,298,132

Year ended 31 December 2024

31.12.24

1.1.24

(Unaudited)

£

£

Cash and cash equivalents

2,298,132

1,798,425

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.1.25

Cash flow

At 31.12.25

£

£

£

Net cash

Cash at bank

2,298,132

2,388,782

4,686,914

2,298,132

2,388,782

4,686,914

Debt

Finance leases

(25,833

)

10,000

(15,833

)

(25,833

)

10,000

(15,833

)

Total

2,272,299

2,398,782

4,671,081

1.	STATUTORY INFORMATION

Maber Construction & Interiors 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" 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

31.12.25

31.12.24

(Unaudited)

£

£

Wages and salaries

2,292,831

2,082,465

Social security costs

280,623

235,200

Other pension costs

86,237

35,266

2,659,691

2,352,931

The average number of employees during the year was as follows:

31.12.25

31.12.24

(Unaudited)

Engineers

28

27

Admin

10

9

38

36

31.12.25

31.12.24

(Unaudited)

£

£

Director's remuneration

24,000

24,000

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.12.25

31.12.24

(Unaudited)

£

£

Depreciation - owned assets

85,748

76,371

Depreciation - assets on hire purchase contracts

7,712

4,903

Auditors' remuneration

10,000

-

5.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31.12.25

31.12.24

(Unaudited)

£

£

Current tax:

UK corporation tax

811,357

552,787

Deferred tax

11,189

12,950

Tax on profit

822,546

565,737

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

31.12.25

31.12.24

(Unaudited)

£

£

Profit before tax

3,187,387

2,218,602

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

796,847

554,651

Effects of:

Expenses not deductible for tax purposes

25,699

11,086

Capital allowances in excess of depreciation

(11,189

)

(12,950

)

Deferred Tax

11,189

12,950

Total tax charge

822,546

565,737

6.

DIVIDENDS

31.12.25

31.12.24

(Unaudited)

£

£

Ordinary shares shares of £1 each

Interim

691,000

68,000

7.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

55,388

22,001

658,261

102,013

837,663

Additions

36,350

6,498

83,890

11,478

138,216

At 31 December 2025

91,738

28,499

742,151

113,491

975,879

DEPRECIATION

At 1 January 2025

40,604

10,027

344,822

74,706

470,159

Charge for year

5,024

3,139

70,292

15,005

93,460

At 31 December 2025

45,628

13,166

415,114

89,711

563,619

NET BOOK VALUE

At 31 December 2025

46,110

15,333

327,037

23,780

412,260

At 31 December 2024

14,784

11,974

313,439

27,307

367,504

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

42,069

DEPRECIATION

At 1 January 2025

3,506

Charge for year

7,712

At 31 December 2025

11,218

NET BOOK VALUE

At 31 December 2025

30,851

At 31 December 2024

38,563

8.

STOCKS

31.12.25

31.12.24

(Unaudited)

£

£

Work-in-progress

291,553

182,837

9.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

(Unaudited)

£

£

Trade debtors

1,835,269

2,708,469

Other debtors

3,000

3,000

Prepayments

75,006

-

1,913,275

2,711,469