REGISTERED NUMBER: 03903071 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2026

FOR

M. E. SAUNDERS & SONS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R D Saunders

Mr R O Saunders

Mr R A Saunders

REGISTERED OFFICE:

Ashes Farm

Sparkbridge

Ulverston

Cumbria

LA12 7SU

REGISTERED NUMBER:

03903071 (England and Wales)

BANKERS:

HSBC Bank plc

104 Duke Street

Barrow in Furness

Cumbria

LA14 1LR

FIXED ASSETS

Tangible assets

4

795,287

768,921

Investments

5

335

335

795,622

769,256

CURRENT ASSETS

Stocks

33,802

25,788

Debtors

6

391,790

400,685

Cash at bank and in hand

29,297

26,795

454,889

453,268

CREDITORS

Amounts falling due within one year

618,472

523,098

NET CURRENT LIABILITIES

(163,583

)

(69,830

)

TOTAL ASSETS LESS CURRENT LIABILITIES

632,039

699,426

CREDITORS

Amounts falling due after more than one year

(219,508

)

(228,149

)

PROVISIONS FOR LIABILITIES

(151,105

)

(152,444

)

NET ASSETS

261,426

318,833

CAPITAL AND RESERVES

Called up share capital

8

12,000

12,000

Retained earnings

249,426

306,833

SHAREHOLDERS' FUNDS

261,426

318,833

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2026 and were signed on its behalf by:

Mr R A Saunders - Director

Mr R O Saunders - Director

1.	STATUTORY INFORMATION

M. E. Saunders & Sons 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.

The financial statements have been prepared on the going concern basis.

Turnover

Turnover represents net invoiced sales of goods and services, excluding VAT.

Tangible fixed assets

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

Freehold property

-

2% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

20% on cost, 15% on cost and 10% on cost

Computer equipment

-

33% on cost

Stocks

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

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.

Operating leases

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2025 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2025

2,316,363

Additions

292,430

Disposals

(170,850

)

At 31 July 2026

2,437,943

DEPRECIATION

At 1 August 2025

1,547,442

Charge for year

258,916

Eliminated on disposal

(163,702

)

At 31 July 2026

1,642,656

NET BOOK VALUE

At 31 July 2026

795,287

At 31 July 2025

768,921

The net book value of tangible fixed assets includes £746,375 (2025: £469,804) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £228,617 (2025: £418,626) for the financial year.

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 August 2025

and 31 July 2026

335

NET BOOK VALUE

At 31 July 2026

335

At 31 July 2025

335

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.26

31.7.25

£

£

Other debtors

9,982

9,982

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.26

31.7.25

£

£

Hire purchase contracts

478,464

517,057

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.26

31.7.25

value:

£

£

2,000

A ordinary

£1

2,000

2,000

4,000

B ordinary

£1

4,000

4,000

4,000

C ordinary

£1

4,000

4,000

2,000

D ordinary

£1

2,000

2,000

12,000

12,000

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31st July 2026 the directors were jointly indebted to the company in the sum of £9,982. (2025: £9,982)

The loan is interest free, unsecured and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

There has been no ultimate controlling party throughout the current and previous years.