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REGISTERED NUMBER: 07253742












Financial Statements

for the Year Ended 31st March 2023

for

MECHANICAL CONTROL LTD

MECHANICAL CONTROL LTD (REGISTERED NUMBER: 07253742)

Contents of the Financial Statements
for the year ended 31st March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MECHANICAL CONTROL LTD

Company Information
for the year ended 31st March 2023







DIRECTORS: K M Canton
W J Warren





SECRETARY: W J Warren





REGISTERED OFFICE: 1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR





REGISTERED NUMBER: 07253742





ACCOUNTANTS: Attenboroughs (Accountants) Limited
Chartered Certified Accountants
1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR

MECHANICAL CONTROL LTD (REGISTERED NUMBER: 07253742)

Balance Sheet
31st March 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 75,404 14,486

CURRENT ASSETS
Stocks - 5,000
Debtors 5 75,726 128,042
Cash at bank and in hand 94,040 53,876
169,766 186,918
CREDITORS
Amounts falling due within one year 6 123,943 123,978
NET CURRENT ASSETS 45,823 62,940
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,227

77,426

CREDITORS
Amounts falling due after more than one year 7 77,841 30,529
NET ASSETS 43,386 46,897

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 43,286 46,797
SHAREHOLDERS' FUNDS 43,386 46,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

MECHANICAL CONTROL LTD (REGISTERED NUMBER: 07253742)

Balance Sheet - continued
31st March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th June 2023 and were signed on its behalf by:




W J Warren - Director



K M Canton - Director


MECHANICAL CONTROL LTD (REGISTERED NUMBER: 07253742)

Notes to the Financial Statements
for the year ended 31st March 2023


1. STATUTORY INFORMATION

Mechanical Control Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 18% on reducing balance
Fixtures and fittings - 18% on reducing balance
Motor vehicles - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

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

MECHANICAL CONTROL LTD (REGISTERED NUMBER: 07253742)

Notes to the Financial Statements - continued
for the year ended 31st March 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 NIL (2022 - 9 ).

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st April 2022 1,965 6,735 94,051 102,751
Additions - - 101,814 101,814
Disposals - - (41,514 ) (41,514 )
At 31st March 2023 1,965 6,735 154,351 163,051
DEPRECIATION
At 1st April 2022 1,792 5,729 80,744 88,265
Charge for year 31 181 35,856 36,068
Eliminated on disposal - - (36,686 ) (36,686 )
At 31st March 2023 1,823 5,910 79,914 87,647
NET BOOK VALUE
At 31st March 2023 142 825 74,437 75,404
At 31st March 2022 173 1,006 13,307 14,486

MECHANICAL CONTROL LTD (REGISTERED NUMBER: 07253742)

Notes to the Financial Statements - continued
for the year ended 31st March 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:
Motor
vehicles
£   
COST
At 1st April 2022 91,152
Additions 101,814
Disposals (38,615 )
Transfer to ownership (26,396 )
At 31st March 2023 127,955
DEPRECIATION
At 1st April 2022 78,082
Charge for year 29,257
Eliminated on disposal (34,076 )
Transfer to ownership (19,797 )
At 31st March 2023 53,466
NET BOOK VALUE
At 31st March 2023 74,489
At 31st March 2022 13,070

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors 75,726 126,942
Other debtors - 1,100
75,726 128,042

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Hire purchase contracts and finance leases 16,086 6,870
Trade creditors 43,046 65,231
Taxation and social security 55,300 45,487
Other creditors 9,511 6,390
123,943 123,978

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/23 31/3/22
£    £   
Hire purchase contracts and finance leases 77,841 30,529

MECHANICAL CONTROL LTD (REGISTERED NUMBER: 07253742)

Notes to the Financial Statements - continued
for the year ended 31st March 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/23 31/3/22
value: £    £   
100 Ordinary £1 100 100

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the Director's.