M.A.H. Precision Engineering Ltd

M.A.H. Precision Engineering Ltd
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	215,662	237,254
		215,662	237,254
Current assets
Stocks	4	24,724	30,912
Debtors	5	187,152	145,099
Cash at bank and in hand		20,940	49,095
		232,816	225,106
Creditors: amount falling due within one year	6	(214,544)	(219,694)
Net current assets		18,272	5,412

Total assets less current liabilities		233,934	242,666
Creditors: amount falling due after more than one year	7	(122,877)	(166,999)
Provisions for liabilities	8	(43,536)	(22,629)
Net assets		67,521	53,038

Capital and reserves
Called up share capital		100	100
Profit and loss account		67,421	52,938
Shareholders' funds		67,521	53,038

For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 22 September 2026 and were signed on its behalf by:

-------------------------------
Alex Haddon
Director

M.A.H. Precision Engineering Ltd
Notes to the Financial Statements
For the year ended 31 December 2025

General Information

M.A.H. Precision Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 11728006, registration address Unit 5 Primary Point, Progress Drive, WS11 0JF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts 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 (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	3 Years Straight Line
Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	10% Reducing Balance
Computer Equipment	25% Reducing Balance

Stocks

Stocks 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 costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 9 (2024 : 8).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£	£
At 01 January 2025	34,484	374,772	44,961	14,320	9,435	477,972
Additions	-	42,840	-	491	2,119	45,450
Disposals	-	-	-	-	-	-
At 31 December 2025	34,484	417,612	44,961	14,811	11,554	523,422
Depreciation
At 01 January 2025	34,484	175,408	22,481	4,164	4,181	240,718
Charge for year	-	53,239	11,240	1,041	1,522	67,042
On disposals	-	-	-	-	-	-
At 31 December 2025	34,484	228,647	33,721	5,205	5,703	307,760
Net book values
Closing balance as at 31 December 2025	-	188,965	11,240	9,606	5,851	215,662
Opening balance as at 01 January 2025	-	199,364	22,480	10,156	5,254	237,254

Stocks

	2025 £		2024 £
Stocks	24,724		30,912
	24,724		30,912

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	175,964	137,751
Other Debtors	100	100
	176,064	137,851

Debtors: amounts falling due after one year

	2025 £		2024 £
Prepayments	11,088		7,248
	11,088		7,248

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	88,473	57,549
Bank Loans & Overdrafts	4,167	10,000
Factoring Account	(15,063)	54,585
PAYE & Social Security	6,625	4,699
VAT	28,269	21,573
Accrued Expenses	3,152	2,998
Other Creditors	23,118	12,771
Hire purchase	75,803	55,519
	214,544	219,694

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts	0	4,167
Amounts Owed to Group Undertakings	10,000	0
Other Creditors	0	1
Hire purchase	112,682	162,549
Directors' Loan Accounts	195	282
	122,877	166,999

Provisions for liabilities

	2025 £	2024 £
Deferred Tax	40,976	21,542
Pension Provisions	2,560	1,087
	43,536	22,629

Advances and Credits

Mark Haddon

Current year (2025)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
Mark Haddon	(282)		12,601		0		12,514		0		0		(195)
	(282)		12,601		0		12,514		0		0		(195)

Previous year (2024)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
Mark Haddon	(419)		25,000		0		24,863		0		0		(282)
	(419)		25,000		0		24,863		0		0		(282)