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REGISTERED NUMBER: 11225283 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ML INSPECTION SERVICES LIMITED

ML INSPECTION SERVICES LIMITED (REGISTERED NUMBER: 11225283)

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


ML INSPECTION SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: M P Loveless





REGISTERED OFFICE: 11 Beagle Point
Winsford
Cheshire
CW72NT





REGISTERED NUMBER: 11225283 (England and Wales)





ACCOUNTANTS: Michael Donnan & Co Limited
Oaktree Court Business Ctr
Mill Lane
Ness
Cheshire
CH64 8TP

ML INSPECTION SERVICES LIMITED (REGISTERED NUMBER: 11225283)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,286 774

CURRENT ASSETS
Debtors 5 11,935 11,256
Cash at bank 12,159 27,965
24,094 39,221
CREDITORS
Amounts falling due within one year 6 24,688 32,303
NET CURRENT (LIABILITIES)/ASSETS (594 ) 6,918
TOTAL ASSETS LESS CURRENT
LIABILITIES

692

7,692

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 691 7,691
SHAREHOLDERS' FUNDS 692 7,692

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 director acknowledges his 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.

ML INSPECTION SERVICES LIMITED (REGISTERED NUMBER: 11225283)

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 director and authorised for issue on 22 October 2024 and were signed by:





M P Loveless - Director


ML INSPECTION SERVICES LIMITED (REGISTERED NUMBER: 11225283)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

ML Inspection 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 (£).


The accountancy period was extended to 13 months to 31 March 2023 in order to align with the fiscal year. Therefore the comparatives are not entirely comparable.

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 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.
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.


ML INSPECTION SERVICES LIMITED (REGISTERED NUMBER: 11225283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


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.

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 (2023 - 1 ).

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 1,650 943 2,593
Additions - 899 899
At 31 March 2024 1,650 1,842 3,492
DEPRECIATION
At 1 April 2023 1,175 644 1,819
Charge for year 119 268 387
At 31 March 2024 1,294 912 2,206
NET BOOK VALUE
At 31 March 2024 356 930 1,286
At 31 March 2023 475 299 774

ML INSPECTION SERVICES LIMITED (REGISTERED NUMBER: 11225283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors - 11,256
Prepayments and accrued income 11,935 -
11,935 11,256

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Tax 3,371 7,595
Social security and other taxes 451 35
Other creditors 1,926 2,350
Directors' current accounts 17,335 20,718
Accruals and deferred income 1,605 1,605
24,688 32,303

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
1 Ordinary 1 1 1

8. RESERVES
Retained
earnings
£   

At 1 April 2023 7,691
Profit for the year 15,000
Dividends (22,000 )
At 31 March 2024 691