REGISTERED NUMBER: 03012158 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

MACLIN PUMPS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M. Robson

Mrs J. Robson

REGISTERED OFFICE:

The Atrium

Block H, Peek Business Centre

Dunmow Road

Bishops Stortford

Hertfordshire

CM23 5RG

REGISTERED NUMBER:

03012158 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Horsham) Limited

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

FIXED ASSETS

Tangible assets

4

122,808

148,294

Investments

5

99,000

99,000

221,808

247,294

CURRENT ASSETS

Stocks

24,000

12,500

Debtors

6

1,365,194

958,116

Cash at bank

128,288

190,151

1,517,482

1,160,767

CREDITORS

Amounts falling due within one year

7

(1,481,833

)

(1,072,599

)

NET CURRENT ASSETS

35,649

88,168

TOTAL ASSETS LESS CURRENT LIABILITIES

257,457

335,462

CREDITORS

Amounts falling due after more than one year

8

-

(65,796

)

PROVISIONS FOR LIABILITIES

(30,132

)

(36,434

)

NET ASSETS

227,325

233,232

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

227,225

233,132

227,325

233,232

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2026 and were signed on its behalf by:

Mrs J. Robson - Director

1.	STATUTORY INFORMATION

Maclin Pumps 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 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

Motor vehicles

-

25% straight line

Computer equipment

-

25% straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in associates

Investments in associate undertakings 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.

Taxation

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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

The average number of employees during the year was 13 (2025 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

277,696

113,293

21,794

412,783

Additions

-

10,833

-

10,833

At 31 March 2026

277,696

124,126

21,794

423,616

DEPRECIATION

At 1 April 2025

140,813

103,421

20,255

264,489

Charge for year

27,377

7,929

1,013

36,319

At 31 March 2026

168,190

111,350

21,268

300,808

NET BOOK VALUE

At 31 March 2026

109,506

12,776

526

122,808

At 31 March 2025

136,883

9,872

1,539

148,294

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

Motor

vehicles

£

COST

At 1 April 2025

42,446

Transfer to ownership

(42,446

)

At 31 March 2026

-

DEPRECIATION

At 1 April 2025

42,446

Transfer to ownership

(42,446

)

At 31 March 2026

-

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 April 2025

and 31 March 2026

99,000

NET BOOK VALUE

At 31 March 2026

99,000

At 31 March 2025

99,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,192,239

786,952

Other debtors

172,955

160,469

Tax

-

10,695

1,365,194

958,116

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

66,060

107,315

Trade creditors

1,362,017

885,597

Tax

13,029

-

Social security and other taxes

26,148

34,406

Other creditors

8,368

2,600

Directors' current accounts

5,982

42,540

Accrued expenses

229

141

1,481,833

1,072,599

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

65,796

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

42,401

91,501

Between one and five years

135,817

58,743

178,218

150,244

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Lombard loan

25,000

85,000

The loan is secured over the asset.