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REGISTERED NUMBER: 07257087 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 May 2023

for

M & S Solutions Plus Limited

M & S Solutions Plus Limited (Registered number: 07257087)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

M & S Solutions Plus Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: M Perry
S Perry





REGISTERED OFFICE: Castle Works Borman
Lichfield Road Industrial Estate
Tamworth
Staffordshire
B79 7TA





REGISTERED NUMBER: 07257087 (England and Wales)





ACCOUNTANTS: Tomkinson Teal Limited
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

M & S Solutions Plus Limited (Registered number: 07257087)

Balance Sheet
31 May 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 13,108 17,220

CURRENT ASSETS
Inventories 67,500 -
Debtors 5 34,790 130,694
Cash at bank 104,653 66,952
206,943 197,646
CREDITORS
Amounts falling due within one year 6 (166,487 ) (135,673 )
NET CURRENT ASSETS 40,456 61,973
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,564

79,193

CREDITORS
Amounts falling due after more than one
year

7

(40,380

)

(46,420

)
NET ASSETS 13,184 32,773

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 13,084 32,673
SHAREHOLDERS' FUNDS 13,184 32,773

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

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

M & S Solutions Plus Limited (Registered number: 07257087)

Balance Sheet - continued
31 May 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 February 2024 and were signed on its behalf by:





M Perry - Director


M & S Solutions Plus Limited (Registered number: 07257087)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

M & S Solutions Plus 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.

Turnover
Revenue 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.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are stated 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 stock to its present location and condition. Cost is included using first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

M & S Solutions Plus Limited (Registered number: 07257087)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2022 19,664 13,772 5,767 39,203
Additions 448 - 374 822
At 31 May 2023 20,112 13,772 6,141 40,025
DEPRECIATION
At 1 June 2022 11,704 7,492 2,787 21,983
Charge for year 1,610 1,570 1,754 4,934
At 31 May 2023 13,314 9,062 4,541 26,917
NET BOOK VALUE
At 31 May 2023 6,798 4,710 1,600 13,108
At 31 May 2022 7,960 6,280 2,980 17,220

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 34,060 128,754
Other debtors 730 1,940
34,790 130,694

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 3,513 3,513
Trade creditors 116,860 98,286
Taxation and social security 28,494 20,191
Other creditors 17,620 13,683
166,487 135,673

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 1,757 4,290
Other creditors 38,623 42,130
40,380 46,420

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 16,400 19,907

M & S Solutions Plus Limited (Registered number: 07257087)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 £1 100 100

9. ULTIMATE CONTROLLING PARTY

M & S Holdings 2017 Limited is the company's parent company.

The company's ultimate controlling party is M Perry by virtue of their 100% of the ordinary share capital in this company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
M & S Solutions Plus Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M & S Solutions Plus Limited for the year ended 31 May 2023 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of M & S Solutions Plus Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M & S Solutions Plus Limited and state those matters that we have agreed to state to the Board of Directors of M & S Solutions Plus Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M & S Solutions Plus Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M & S Solutions Plus Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of M & S Solutions Plus Limited. You consider that M & S Solutions Plus Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M & S Solutions Plus Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal Limited
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


2 February 2024