IRIS Accounts Production v24.2.0.383 02510541 Board of Directors 1.1.23 31.12.23 31.12.23 23.5.24 0 0 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh025105412022-12-31025105412023-12-31025105412023-01-012023-12-31025105412021-12-31025105412022-01-012022-12-31025105412022-12-3102510541ns15:EnglandWales2023-01-012023-12-3102510541ns14:PoundSterling2023-01-012023-12-3102510541ns10:Director12023-01-012023-12-3102510541ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102510541ns10:SmallEntities2023-01-012023-12-3102510541ns10:Audited2023-01-012023-12-3102510541ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102510541ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102510541ns10:FullAccounts2023-01-012023-12-3102510541ns10:OrdinaryShareClass12023-01-012023-12-3102510541ns10:Director22023-01-012023-12-3102510541ns10:Director32023-01-012023-12-3102510541ns10:Director42023-01-012023-12-3102510541ns10:Director52023-01-012023-12-3102510541ns10:Director62023-01-012023-12-3102510541ns10:CompanySecretary12023-01-012023-12-3102510541ns10:RegisteredOffice2023-01-012023-12-3102510541ns5:CurrentFinancialInstruments2023-12-3102510541ns5:CurrentFinancialInstruments2022-12-3102510541ns5:Non-currentFinancialInstruments2023-12-3102510541ns5:Non-currentFinancialInstruments2022-12-3102510541ns5:ShareCapital2023-12-3102510541ns5:ShareCapital2022-12-3102510541ns5:RetainedEarningsAccumulatedLosses2023-12-3102510541ns5:RetainedEarningsAccumulatedLosses2022-12-3102510541ns5:PlantMachinery2023-01-012023-12-3102510541ns5:FurnitureFittings2023-01-012023-12-3102510541ns5:MotorVehicles2023-01-012023-12-3102510541ns5:ComputerEquipment2023-01-012023-12-3102510541ns5:PlantMachinery2022-12-3102510541ns5:FurnitureFittings2022-12-3102510541ns5:MotorVehicles2022-12-3102510541ns5:ComputerEquipment2022-12-3102510541ns5:PlantMachinery2023-12-3102510541ns5:FurnitureFittings2023-12-3102510541ns5:MotorVehicles2023-12-3102510541ns5:ComputerEquipment2023-12-3102510541ns5:PlantMachinery2022-12-3102510541ns5:FurnitureFittings2022-12-3102510541ns5:MotorVehicles2022-12-3102510541ns5:ComputerEquipment2022-12-3102510541ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-3102510541ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-01-012023-12-3102510541ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3102510541ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-3102510541ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3102510541ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3102510541ns10:OrdinaryShareClass12023-12-3102510541ns5:RetainedEarningsAccumulatedLosses2022-12-3102510541ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 02510541 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

MANCHESTER PILOTAGE SERVICES LIMITED

MANCHESTER PILOTAGE SERVICES LIMITED (REGISTERED NUMBER: 02510541)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MANCHESTER PILOTAGE SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M McNeill
J M Cavanagh
B M Stroude
B M Bolton
A Hart
E Pentney





SECRETARY: M McNeill





REGISTERED OFFICE: Office 25
Oaktree Court Business Centre
Mill lane
Ness
Cheshire
CH64 8TP





REGISTERED NUMBER: 02510541 (England and Wales)





AUDITORS: Michael Donnan & Co Limited
Chartered Accountants and Statutory Auditors
Oaktree Court Business Ctr
Mill Lane
Ness
Cheshire
CH64 8TP

MANCHESTER PILOTAGE SERVICES LIMITED (REGISTERED NUMBER: 02510541)

BALANCE SHEET
31 DECEMBER 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,016 70,222

CURRENT ASSETS
Debtors 5 207,331 190,348
Cash at bank and in hand 52,919 60,683
260,250 251,031
CREDITORS
Amounts falling due within one year 6 208,645 236,998
NET CURRENT ASSETS 51,605 14,033
TOTAL ASSETS LESS CURRENT
LIABILITIES

104,621

84,255

CREDITORS
Amounts falling due after more than
one year

7

1,186

16,766
NET ASSETS 103,435 67,489

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 103,433 67,487
SHAREHOLDERS' FUNDS 103,435 67,489

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 20 May 2024 and were signed on its behalf by:





M McNeill - Director


MANCHESTER PILOTAGE SERVICES LIMITED (REGISTERED NUMBER: 02510541)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Manchester Pilotage 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Transactions are rounded to the nearest £.

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 represents net invoiced sales of services, excluding value added tax.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.


MANCHESTER PILOTAGE SERVICES LIMITED (REGISTERED NUMBER: 02510541)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued
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
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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 2,993 10,051 74,402 1,650 89,096
Additions - 544 - - 544
At 31 December 2023 2,993 10,595 74,402 1,650 89,640
DEPRECIATION
At 1 January 2023 2,285 8,545 6,719 1,325 18,874
Charge for year 178 463 16,921 188 17,750
At 31 December 2023 2,463 9,008 23,640 1,513 36,624
NET BOOK VALUE
At 31 December 2023 530 1,587 50,762 137 53,016
At 31 December 2022 708 1,506 67,683 325 70,222

MANCHESTER PILOTAGE SERVICES LIMITED (REGISTERED NUMBER: 02510541)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2023
and 31 December 2023 61,252
DEPRECIATION
At 1 January 2023 5,349
Charge for year 13,976
At 31 December 2023 19,325
NET BOOK VALUE
At 31 December 2023 41,927
At 31 December 2022 55,903

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 156,506 183,371
Other debtors 241 792
VAT 1,425 977
Prepayments and accrued income 49,159 5,208
207,331 190,348

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Hire purchase contracts 16,765 30,393
Trade creditors 3,802 3,513
Tax 16,240 2,391
Other creditors 167,143 194,993
Accrued expenses 4,695 5,708
208,645 236,998

MANCHESTER PILOTAGE SERVICES LIMITED (REGISTERED NUMBER: 02510541)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31/12/23 31/12/22
£    £   
Hire purchase contracts 1,186 16,766

8. SECURED DEBTS

The following secured debts are included within creditors:

31/12/23 31/12/22
£    £   
Hire purchase contracts 17,951 47,159

Liabilities under hire purchase contracts are secured on the assets which are the subject of the contracts.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/23 31/12/22
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 January 2023 67,487
Profit for the year 35,946
At 31 December 2023 103,433

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Donnan BSc (Hons), FCA, AMIMechE (Senior Statutory Auditor)
for and on behalf of Michael Donnan & Co Limited

12. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.