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REGISTERED NUMBER: 05465849 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Modus Engine Services Limited

Modus Engine Services Limited (Registered number: 05465849)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Modus Engine Services Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S H Jenner
D S Slater





REGISTERED OFFICE: Suite 2, Rauter House
Sybron Way
Jarvis Brook
Crowborough
East Sussex
TN6 3DZ





REGISTERED NUMBER: 05465849 (England and Wales)





ACCOUNTANTS: Aidos Accounting Limited
Suite 2, Rauter House
Sybron Way
Jarvis Brook
Crowborough
East Sussex
TN6 3DZ

Modus Engine Services Limited (Registered number: 05465849)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,131 8,517

CURRENT ASSETS
Debtors 5 76,012 51,515
Cash at bank 16,950 26,430
92,962 77,945
CREDITORS
Amounts falling due within one year 6 27,942 35,309
NET CURRENT ASSETS 65,020 42,636
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,151

51,153

CREDITORS
Amounts falling due after more than
one year

7

27,910

40,905
NET ASSETS 54,241 10,248

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,141 10,148
SHAREHOLDERS' FUNDS 54,241 10,248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Modus Engine Services Limited (Registered number: 05465849)

Balance Sheet - continued
31 March 2024


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 14 August 2024 and were signed on its behalf by:




S H Jenner - Director



D S Slater - Director


Modus Engine Services Limited (Registered number: 05465849)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Modus Engine Services 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.

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

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Modus Engine Services Limited (Registered number: 05465849)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 197,017
Additions 22,841
At 31 March 2024 219,858
DEPRECIATION
At 1 April 2023 188,500
Charge for year 14,227
At 31 March 2024 202,727
NET BOOK VALUE
At 31 March 2024 17,131
At 31 March 2023 8,517

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 35,659 42,975
Other debtors 40,353 8,540
76,012 51,515

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,203 676
Taxation and social security 23,089 33,133
Other creditors 1,650 1,500
27,942 35,309

Modus Engine Services Limited (Registered number: 05465849)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 23,230 32,182
Hire purchase contracts 4,680 8,723
27,910 40,905

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 4,680 8,723