M Holmes Construction Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07101849

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		41,291		18,019

			41,291		18,019
CURRENT ASSETS
Debtors	6	886		504
Cash at bank and in hand		195,392		222,819

		196,278		223,323
Creditors: Amounts Falling Due Within One Year	7	(59,575 )		18,512

NET CURRENT ASSETS (LIABILITIES)			136,703		241,835

TOTAL ASSETS LESS CURRENT LIABILITIES			177,994		259,854

NET ASSETS			177,994		259,854

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			177,992		259,852

SHAREHOLDERS' FUNDS			177,994		259,854

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M Holmes Construction Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Holmes

Director

15/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

M Holmes Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07101849 . The registered office is 325a Goring Road, Goring-by-Sea, Worthing, West Sussex, BN12 4NX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25%
Motor Vehicles	25%
Fixtures & Fittings	25%
Computer Equipment	25%

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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M Holmes Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:2 2 (2025: 2)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	45,000

As at 31 March 2026	45,000

Amortisation
As at 1 April 2025	45,000

As at 31 March 2026	45,000

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	16,164	62,711	10,303	2,518	91,696
Additions	375	37,975	-	-	38,350
Disposals	-	(48,716 )	-	-	(48,716 )

As at 31 March 2026	16,539	51,970	10,303	2,518	81,330

Depreciation
As at 1 April 2025	15,325	46,566	10,046	1,740	73,677
Provided during the period	272	6,297	257	194	7,020
Disposals	-	(40,658 )	-	-	(40,658 )

As at 31 March 2026	15,597	12,205	10,303	1,934	40,039

Net Book Value
As at 31 March 2026	942	39,765	-	584	41,291

As at 1 April 2025	839	16,145	257	778	18,019

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M Holmes Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	886	-
VAT	-	504

	886	504

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	11,097	(25,080 )
Corporation tax	-	5,318
Other taxes and social security	4,547	-
VAT	17,954	-
Other creditors	837	-
Accruals and deferred income	1,360	1,250
Directors' loan accounts	23,780	-

	59,575	(18,512 )

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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