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REGISTERED NUMBER: SC301422 (Scotland)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Maintenance, Controls & Engineering
Scotland Ltd

Maintenance, Controls & Engineering
Scotland Ltd (Registered number: SC301422)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Maintenance, Controls & Engineering
Scotland Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: A Espie





SECRETARY: A Espie





REGISTERED OFFICE: Suite 6
Tribune Court
2 Roman Road
Bearsden
Glasgow
G61 2SW





REGISTERED NUMBER: SC301422 (Scotland)






Maintenance, Controls & Engineering
Scotland Ltd (Registered number: SC301422)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 259,487 363,011

CURRENT ASSETS
Stocks 360,389 290,953
Debtors 5 1,251,184 954,503
Cash at bank 983,934 1,810,092
2,595,507 3,055,548
CREDITORS
Amounts falling due within one year 6 1,299,898 1,852,659
NET CURRENT ASSETS 1,295,609 1,202,889
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,555,096

1,565,900

PROVISIONS FOR LIABILITIES 30,598 42,431
NET ASSETS 1,524,498 1,523,469

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,523,498 1,522,469
SHAREHOLDERS' FUNDS 1,524,498 1,523,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Maintenance, Controls & Engineering
Scotland Ltd (Registered number: SC301422)

Balance Sheet - continued
30 April 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 28 January 2025 and were signed by:





A Espie - Director


Maintenance, Controls & Engineering
Scotland Ltd (Registered number: SC301422)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Maintenance, Controls & Engineering Scotland Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.
Plant and machinery etc - 25% on reducing balance and 20% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Maintenance, Controls & Engineering
Scotland Ltd (Registered number: SC301422)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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 44 (2023 - 44 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 710,674
Additions 20,394
Disposals (116,373 )
At 30 April 2024 614,695
DEPRECIATION
At 1 May 2023 347,663
Charge for year 99,259
Eliminated on disposal (91,714 )
At 30 April 2024 355,208
NET BOOK VALUE
At 30 April 2024 259,487
At 30 April 2023 363,011

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 558,529 453,795
Amounts owed by group undertakings 485,000 -
Other debtors 207,655 500,708
1,251,184 954,503

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 162,257 206,546
Amounts owed to group undertakings - 1,000,000
Taxation and social security 433,418 230,660
Other creditors 704,223 415,453
1,299,898 1,852,659

Maintenance, Controls & Engineering
Scotland Ltd (Registered number: SC301422)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
A Espie
Balance outstanding at start of year 262,000 250,000
Amounts advanced - 12,000
Amounts repaid (262,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 262,000

The above amount attracts interest at 2% and has been repaid in full in the year..

8. RELATED PARTY DISCLOSURES

Included in debtors is an amount due from MCE Group Holdings Ltd of £485,000 (2023:£(1,000,000)).
This amount does not attract interest and has no fixed term of repayment.

9. ULTIMATE CONTROLLING PARTY

The controlling party is MCE Group Holdings Ltd.

The ultimate controlling party is MCE EOT Ltd.