Company registration number: 09294643
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
Martin & Wheatley Limited
Pages for filing with the Registrar
Company registration number: 09294643
Martin & Wheatley Limited
Balance sheet
as at 31 December 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 20,887 27,851
Investments 5 96 96
20,983 27,947
Current assets
Stocks 2,639 2,639
Debtors 6 338,923 356,323
Cash at bank and in hand 44,820 11,703
386,382 370,665
Creditors: amounts falling due within one year
7 (205,163) (190,996)
Net current assets 181,219 179,669
Total assets less current liabilities 202,202 207,616
Creditors: Amounts falling due after more than one year
8 (11,412) (31,362)
NET ASSETS 190,790 176,254
Capital and reserves
Called up share capital 102 102
Profit and loss account 190,688 176,152
TOTAL EQUITY 190,790 176,254
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 09294643
Martin & Wheatley Limited
Balance sheet - continued
as at 31 December 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 11 September 2026 and signed on its behalf by:
Mr J Wheatley, Director
11 September 2026
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Martin & Wheatley Limited
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
Martin & Wheatley Limited is a private company registered in England and Wales. Its registered number is 09294643. The company is limited by shares. Its registered office is Unit 2 Landmark Court, 30 Queens Road, Weybridge, KT13 9GU.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 etc.:
Leasehold improvements - 20% straight line
Plant & machinery - 50% straight line
Motor Vehicles - 18% straight line
Plant & machinery - 50% straight line
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Martin & Wheatley Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 7 (2024 - 7).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 January 2025 103,337
Additions 1,384
At 31 December 2025 104,721
Depreciation
At 1 January 2025 75,486
Charge for year 8,348
At 31 December 2025 83,834
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Martin & Wheatley Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
4 Tangible fixed assets - continued
Net book value
At 31 December 2025 20,887
At 31 December 2024 27,851
5 Fixed asset investments
Investments other than loans
Shares in group undertakings and participating interests




£
Cost
At 1 January 2025 96
At 31 December 2025 96
Net book value
At 31 December 2025 96
At 31 December 2024 96
6 Debtors
2025 2024
£ £
Trade debtors 45,686 32,970
Amounts owed by group undertakings 255,182 260,025
Directors' loan accounts 13,835 26,975
Other debtors 17,342 24,619
Prepayments and accrued income 6,878 11,734
338,923 356,323
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Martin & Wheatley Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
7 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 11,505 9,888
Hire purchase and finance leases 10,767 17,945
Trade creditors 7,524 4,648
Amounts owed to directors 58,308 34,874
Other creditors 15,639 4,094
Taxation 64,608 94,836
VAT payable 32,836 21,106
Social security and other tax 3,976 3,605
205,163 190,996
8 Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans 11,412 31,362
9 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024.
2025 2024
£ £
Sheila Martin
Balance outstanding at start of year (34,874) (17,211)
Amounts advanced 23,950 64,128
Amounts repaid (47,384) (81,791)
Balance outstanding at end of year (58,308) (34,874)
2025 2024
£ £
Jamie Wheatley
Balance outstanding at start of year 26,975 14,128
Amounts advanced 32,059 12,847
Amounts repaid (45,199) -
Balance outstanding at end of year 13,835 26,975
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