Company Registration No. 04345798 (England and Wales)
Machine Engineering Services Limited
Unaudited accounts
for the year ended 31 January 2024
Machine Engineering Services Limited
Unaudited accounts
Contents
Machine Engineering Services Limited
Company Information
for the year ended 31 January 2024
Directors
Mr. Paul Gregory
Mrs. Susan Mary Goldthorpe
Company Number
04345798 (England and Wales)
Registered Office
Unit 3 Luddite Way Business Park
Bradford Road
Cleckheaton
West Yorkshire
BD19 5DQ
United Kingdom
Accountants
Rishworth Baxter
26 Cheapside
WAKEFIELD
West Yorkshire
WF1 2TF
Machine Engineering Services Limited
Statement of financial position
as at 31 January 2024
Tangible assets
59,428
36,861
Cash at bank and in hand
20,829
21,920
Creditors: amounts falling due within one year
(52,398)
(61,635)
Net current assets
118,895
138,397
Total assets less current liabilities
178,323
175,258
Creditors: amounts falling due after more than one year
(21,743)
(33,943)
Provisions for liabilities
Deferred tax
(10,620)
(1,220)
Net assets
145,960
140,095
Called up share capital
2
2
Fair value reserve
41,500
-
Profit and loss account
104,458
140,093
Shareholders' funds
145,960
140,095
For the year ending 31 January 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 28 January 2025 and were signed on its behalf by
Mrs. Susan Mary Goldthorpe
Director
Company Registration No. 04345798
Machine Engineering Services Limited
Notes to the Accounts
for the year ended 31 January 2024
Machine Engineering Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04345798. The registered office is Unit 3 Luddite Way Business Park, Bradford Road, Cleckheaton, West Yorkshire, BD19 5DQ, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% RB
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Machine Engineering Services Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At valuation
At cost
At cost
At 1 February 2023
284,830
12,917
14,931
312,678
Revaluations
41,500
-
-
41,500
Disposals
(35,672)
(12,917)
(13,966)
(62,555)
At 31 January 2024
295,178
-
965
296,143
At 1 February 2023
249,318
12,624
13,875
275,817
Charge for the year
19,472
-
44
19,516
On disposals
(32,788)
(12,624)
(13,206)
(58,618)
At 31 January 2024
236,002
-
713
236,715
At 31 January 2024
59,176
-
252
59,428
At 31 January 2023
35,512
293
1,056
36,861
Amounts falling due within one year
Trade debtors
81,178
102,609
Other debtors
44,286
48,503
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,225
14,846
Trade creditors
27,645
37,872
Taxes and social security
1,365
578
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).