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Registered number: 01393536

M.R.S. Communications Limited

ACCOUNTS
FOR THE YEAR ENDED 31/10/2024

Prepared By:
Martin Waterworth Limited
Chartered Accountants
Bronwylfa
Llangunnor Road
Carmarthen
Dyfed
SA31 2PB

M.R.S. Communications Limited

ACCOUNTS
FOR THE YEAR ENDED 31/10/2024
DIRECTORS
John M Bartlett
David N Horton
Patricia MB Bartlett
REGISTERED OFFICE
Imperial Court
Viaduct Road
Cardiff
CF15 9JN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01393536
ACCOUNTANTS
Martin Waterworth Limited
Chartered Accountants
Bronwylfa
Llangunnor Road
Carmarthen
Dyfed
SA31 2PB

M.R.S. Communications Limited

BALANCE SHEET AT 31/10/2024
20242023
Notes££
FIXED ASSETS
Intangible assets330,000-
Tangible assets41,168,6231,240,705
1,198,6231,240,705
CURRENT ASSETS
Stock20,52834,686
Debtors5269,310363,930
Cash at bank and in hand453,583398,477
743,421797,093
CREDITORS: Amounts falling due within one year6590,298599,708
NET CURRENT ASSETS153,123197,385
TOTAL ASSETS LESS CURRENT LIABILITIES1,351,7461,438,090
PROVISIONS FOR LIABILITIES AND CHARGES7164,081171,614
NET ASSETS1,187,6651,266,476
CAPITAL AND RESERVES
Called up share capital100100
Profit and loss account1,187,5651,266,376
SHAREHOLDERS' FUNDS1,187,6651,266,476
For the year ending 31/10/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 16/01/2025 and signed on their behalf by
.............................
David N Horton
Director

M.R.S. Communications Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/10/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant And Machinerystraight linemainly 15%
Motor Carsreducing balance25%
1c. Intangible Assets
Software implementation has been capitalised to reflect the invesment in software used by the company. This does not include separate licensing costs which are treated as revenue costs when incurred. The life of the asset is considered to be seven years and is amortised over that period.
1d. Stocks
Stocks are stated at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
1e. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1f. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added tax and trade discounts. For hire income it takes into account the period of hire, being adjusted where it straddles the accounting period and is effectively invoiced in advance.

M.R.S. Communications Limited

1g. Leasing Commitments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.
1h. Fixed Assets Held For Use In Operating Leases
Assets held for use in operating leases (hire of radio systems) are capitalised and written off over their expected useful lives of seven years straight line. Consumables included within the lease (hire) are written off on issue.
2. EMPLOYEES
20242023
No.No.
Average number of employees1516
3. INTANGIBLE FIXED ASSETS
Development
CostsTotal
££
Cost
Additions35,00035,000
At 31/10/202435,00035,000
Depreciation
For the year5,0005,000
At 31/10/20245,0005,000
Net Book Amounts
At 31/10/202430,00030,000
The development costs relate to the cost of software implementation and the right to use it by the company.

M.R.S. Communications Limited

4. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 01/11/2023388,4073,676,7944,065,201
Additions-180,417180,417
Disposals-(40,000)(40,000)
At 31/10/2024388,4073,817,2114,205,618
Depreciation
At 01/11/2023124,7712,699,7252,824,496
Disposals-(40,000)(40,000)
For the year-252,499252,499
At 31/10/2024124,7712,912,2243,036,995
Net Book Amounts
At 31/10/2024263,636904,9871,168,623
At 31/10/2023263,636977,0691,240,705
5. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors227,029300,075
Other debtors42,28163,855
269,310363,930
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Trade creditors169,962131,092
Taxation and social security59,22578,967
Other creditors361,111389,649
590,298599,708

M.R.S. Communications Limited

7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation164,081171,614
164,081171,614