Andrew Maskery Associates Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06497631

Andrew Maskery Associates Limited

Unaudited financial statements

For the year ended

30 June 2026

Andrew Maskery Associates Limited

Statement of financial position

30 June 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Intangible assets	5	49,823	34,607
Tangible assets	6	148,115	142,821
		---------	---------
		197,938	177,428

Current assets

Stocks		347,591	298,976
Debtors	7	369,153	468,085
Cash at bank and in hand		136,393	130,564
		---------	---------
		853,137	897,625

Creditors: Amounts falling due within one year	8	( 556,590)		( 569,137)
		---------		---------
Net current assets			296,547		328,488
			---------		---------
Total assets less current liabilities			494,485		505,916

Provisions

Taxation including deferred tax	( 34,356)	( 32,231)
	---------	---------
Net assets	460,129	473,685
	---------	---------

Capital and reserves

Called up share capital	110	110
Profit and loss account	460,019	473,575
	---------	---------
Shareholders funds	460,129	473,685
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 30 June 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Andrew Maskery Associates Limited

Statement of financial position (continued)

30 June 2026

These financial statements were approved by the board of directors and authorised for issue on 22 October 2026 , and are signed on behalf of the board by:

Mr A J Maskery	Mrs D J Maskery
Director	Director

Company registration number: 06497631

Andrew Maskery Associates Limited

Notes to the financial statements

Year ended 30 June 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office The Wherry, Quay Street, Halesworth, Suffolk, IP19 8ET. The company's trading address is Unit 7, Rookery Farm, Saxmundham Road, Framlingham, Suffolk, IP13 9PH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property	-	10% straight line
Plant and machinery	-	20% straight line
Motor vehicles	-	25% straight line basis (RV : 30% on cost)

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of employees during the year was 11 (2025: 11 ).

5. Intangible assets

	Goodwill	Development costs	Total
	£	£	£
Cost
At 1 July 2025	31,350	20,500	51,850
Additions	–	21,486	21,486
	-------	-------	-------
At 30 June 2026	31,350	41,986	73,336
	-------	-------	-------
Amortisation
At 1 July 2025	17,243	–	17,243
Charge for the year	6,270	–	6,270
	-------	-------	-------
At 30 June 2026	23,513	–	23,513
	-------	-------	-------
Carrying amount
At 30 June 2026	7,837	41,986	49,823
	-------	-------	-------
At 30 June 2025	14,107	20,500	34,607
	-------	-------	-------

6. Tangible assets

	Leasehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1 July 2025	5,440	101,170	139,856	246,466
Additions	–	10,571	84,279	94,850
Disposals	–	( 658)	( 108,293)	( 108,951)
	------	---------	---------	---------
At 30 June 2026	5,440	111,083	115,842	232,365
	------	---------	---------	---------
Depreciation
At 1 July 2025	2,190	44,366	57,089	103,645
Charge for the year	480	15,416	10,928	26,824
Disposals	–	( 638)	( 45,581)	( 46,219)
	------	---------	---------	---------
At 30 June 2026	2,670	59,144	22,436	84,250
	------	---------	---------	---------
Carrying amount
At 30 June 2026	2,770	51,939	93,406	148,115
	------	---------	---------	---------
At 30 June 2025	3,250	56,804	82,767	142,821
	------	---------	---------	---------

7. Debtors

	2026	2025
	£	£
Trade debtors	369,153	468,085
	---------	---------

8. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Trade creditors	395,341	422,948
Social security and other taxes	69,753	72,060
Other creditors	91,496	74,129
	---------	---------
	556,590	569,137
	---------	---------