HOME COUNTIES MASTER THATCHERS LIMITED


Director	BIGGS, Barry John


Registered Address	20 Teal Close
	West Hunsbury
	Northampton
	NN4 9XF


Registered Number	04275465 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	4		3,169		4,153
			3,169		4,153
Current assets
Stocks	5	9,320		13,020
Debtors	6	24,629		15,243
Cash at bank and on hand		29,283		6,620
		63,232		34,883
Creditors amounts falling due within one year	7	(44,489)		(37,302)
Net current assets (liabilities)			18,743		(2,419)
Total assets less current liabilities			21,912		1,734
Provisions for liabilities	8		(602)		(789)
Net assets			21,310		945
Capital and reserves
Called up share capital			10		10
Profit and loss account			21,300		935
Shareholders' funds			21,310		945

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 10 August 2026, and are signed on its behalf by:

BIGGS, Barry John
Director
Registered Company No. 04275465

HOME COUNTIES MASTER THATCHERS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	3		3

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 25	14,000	14,000
At 31 March 26	14,000	14,000
Amortisation and impairment
At 01 April 25	14,000	14,000
At 31 March 26	14,000	14,000
Net book value
At 31 March 26	-	-
At 31 March 25	-	-

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 April 25	1,308	40,749	17,512	4,289	3,233	67,091
At 31 March 26	1,308	40,749	17,512	4,289	3,233	67,091
Depreciation and impairment
At 01 April 25	1,298	39,883	15,175	4,088	2,494	62,938
Charge for year	2	173	584	40	185	984
At 31 March 26	1,300	40,056	15,759	4,128	2,679	63,922
Net book value
At 31 March 26	8	693	1,753	161	554	3,169
At 31 March 25	10	866	2,337	201	739	4,153

5.	Stocks

	2026	2025
	£	£
Work in progress	-	3,500
Finished goods	9,320	9,520
Total	9,320	13,020

6.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	21,600	12,000
Other debtors	1,453	1,788
Prepayments and accrued income	1,576	1,455
Total	24,629	15,243

7.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	333	4,302
Taxation and social security	11,378	222
Other creditors	32,778	32,778
Total	44,489	37,302


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	602	789
Total	602	789