Company Registration No. 4815990 (England and Wales)
MP Calibration Services Limited
Unaudited accounts
for the year ended 30 April 2024
MP Calibration Services Limited
Unaudited accounts
Contents
MP Calibration Services Limited
Company Information
for the year ended 30 April 2024
Directors
M J Yeoman
M N Lester
Company Number
4815990 (England and Wales)
Registered Office
43 HAVILAND ROAD
FERNDOWN INDUSTRIAL ESTATE
WIMBORNE
DORSET
BH21 7RY
Accountants
M. Whittingham Limited
Unit K2 Lion Works
543 Wallisdown Road
Poole
Dorset
BH12 5AD
MP Calibration Services Limited
Statement of financial position
as at 30 April 2024
Tangible assets
21,040
26,663
Cash at bank and in hand
40,066
75,580
Creditors: amounts falling due within one year
(134,446)
(150,422)
Net current assets
89,593
103,392
Total assets less current liabilities
110,633
130,055
Creditors: amounts falling due after more than one year
(11,481)
(21,674)
Called up share capital
100
100
Profit and loss account
99,052
108,281
Shareholders' funds
99,152
108,381
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by
M N Lester
Director
Company Registration No. 4815990
MP Calibration Services Limited
Notes to the Accounts
for the year ended 30 April 2024
MP Calibration Services Limited is a private company, limited by shares, registered in England and Wales, registration number 4815990. The registered office is 43 HAVILAND ROAD, FERNDOWN INDUSTRIAL ESTATE, WIMBORNE, DORSET, BH21 7RY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
15% reducing balance
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
MP Calibration Services Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 May 2023
28,615
26,092
74,410
3,717
17,608
150,442
Additions
-
231
-
-
202
433
Disposals
-
(83)
-
-
(1,368)
(1,451)
At 30 April 2024
28,615
26,240
74,410
3,717
16,442
149,424
At 1 May 2023
21,987
25,601
58,136
2,704
15,351
123,779
Charge for the year
994
178
4,069
152
602
5,995
On disposals
-
(72)
-
-
(1,318)
(1,390)
At 30 April 2024
22,981
25,707
62,205
2,856
14,635
128,384
At 30 April 2024
5,634
533
12,205
861
1,807
21,040
At 30 April 2023
6,628
491
16,274
1,013
2,257
26,663
Amounts falling due within one year
Trade debtors
158,791
144,103
Accrued income and prepayments
3,954
3,647
Other debtors
21,228
30,484
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,039
9,794
Obligations under finance leases and hire purchase contracts
-
4,933
Trade creditors
25,058
19,679
Taxes and social security
47,375
67,908
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
MP Calibration Services Limited
Notes to the Accounts
for the year ended 30 April 2024
9
Average number of employees
During the year the average number of employees was 10 (2023: 9).