REGISTERED NUMBER: 00344390 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

FOR

ARTHUR C. TOWNER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr O J Towner

Mrs B J Towner

Mr E J Towner

SECRETARY:

Mrs H J Towner-Roethe

REGISTERED OFFICE:

2 - 4 Norman Road

St Leonards-on-Sea

East Sussex

TN37 6NH

REGISTERED NUMBER:

00344390 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Bexhill) Limited

23 St Leonards Road

Bexhill On Sea

East Sussex

TN40 1HH

FIXED ASSETS

Intangible assets

4

85,932

23,760

Tangible assets

5

1,380,495

1,301,995

1,466,427

1,325,755

CURRENT ASSETS

Stocks

180,095

240,612

Debtors

6

535,007

595,530

Cash at bank and in hand

406,446

557,324

1,121,548

1,393,466

CREDITORS

Amounts falling due within one year

7

97,492

205,760

NET CURRENT ASSETS

1,024,056

1,187,706

TOTAL ASSETS LESS CURRENT LIABILITIES

2,490,483

2,513,461

CREDITORS

Amounts falling due after more than one year

8

(2,868

)

(5,709

)

PROVISIONS FOR LIABILITIES

(50,981

)

(75,617

)

NET ASSETS

2,436,634

2,432,135

CAPITAL AND RESERVES

Called up share capital

859

859

Capital redemption reserve

570

570

Retained earnings

2,435,205

2,430,706

2,436,634

2,432,135

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by:

Mr O J Towner - Director

1.	STATUTORY INFORMATION

Arthur C. Towner 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.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are amortised evenly over their estimated useful life, once in use.

Computer software is amortised evenly over its estimated useful life, once in use.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

at variable rates on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Taxation

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

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 28 (2025 - 30 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

Computer

licences

software

Totals

£

£

£

COST

At 1 May 2025

1,045

23,760

24,805

Additions

-

62,172

62,172

At 30 April 2026

1,045

85,932

86,977

AMORTISATION

At 1 May 2025

and 30 April 2026

1,045

-

1,045

NET BOOK VALUE

At 30 April 2026

-

85,932

85,932

At 30 April 2025

-

23,760

23,760

5.	TANGIBLE FIXED ASSETS

Freehold

Short

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 May 2025

1,223,120

333

386,255

Additions

142,740

-

10,152

At 30 April 2026

1,365,860

333

396,407

DEPRECIATION

At 1 May 2025

282,977

333

292,677

Charge for year

26,317

-

17,243

At 30 April 2026

309,294

333

309,920

NET BOOK VALUE

At 30 April 2026

1,056,566

-

86,487

At 30 April 2025

940,143

-

93,578

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 May 2025

120,602

779,449

2,509,759

Additions

12,953

-

165,845

At 30 April 2026

133,555

779,449

2,675,604

DEPRECIATION

At 1 May 2025

85,171

546,606

1,207,764

Charge for year

5,081

38,704

87,345

At 30 April 2026

90,252

585,310

1,295,109

NET BOOK VALUE

At 30 April 2026

43,303

194,139

1,380,495

At 30 April 2025

35,431

232,843

1,301,995

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

156,768

229,969

Bad debt provision

(19,663

)

(37,758

)

Other debtors

390,884

390,884

Prepayments and accrued income

7,018

12,435

535,007

595,530

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

2,841

2,706

Trade creditors

26,018

33,064

Tax

7,637

70,262

Social security and other taxes

13,948

13,721

Other creditors

33,204

32,322

Directors' current accounts

1,544

534

Accrued expenses

12,300

53,151

97,492

205,760

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

2,868

5,709