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REGISTERED NUMBER: 05925604 (England and Wales)














Unaudited Financial Statements

for the Period 1 July 2023 to 31 December 2024

for

MACHINERY PLANT LOGISTICS LIMITED

MACHINERY PLANT LOGISTICS LIMITED (REGISTERED NUMBER: 05925604)

Contents of the Financial Statements
for the period 1 July 2023 to 31 December 2024










Page

Company Information 1

Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


MACHINERY PLANT LOGISTICS LIMITED

Company Information
for the period 1 July 2023 to 31 December 2024







Directors: M T Lock
M L Stribley





Secretary: M T Lock





Registered office: C/O Cooper Parry
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 05925604 (England and Wales)





Accountants: Cooper Parry Advisory Limited
Northside House
69 Tweedy Road
Bromley
Kent
BR1 3WA

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Machinery Plant Logistics Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Machinery Plant Logistics Limited for the period ended 31 December 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Machinery Plant Logistics Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Machinery Plant Logistics Limited and state those matters that we have agreed to state to the Board of Directors of Machinery Plant Logistics Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Machinery Plant Logistics Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Machinery Plant Logistics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Machinery Plant Logistics Limited. You consider that Machinery Plant Logistics Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Machinery Plant Logistics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cooper Parry Advisory Limited
Northside House
69 Tweedy Road
Bromley
Kent
BR1 3WA


18 March 2025

MACHINERY PLANT LOGISTICS LIMITED (REGISTERED NUMBER: 05925604)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 1,937 6,396

Current assets
Stocks 29,162 54,734
Debtors 5 2,452,620 344,535
Cash at bank 428,103 776,665
2,909,885 1,175,934
Creditors
Amounts falling due within one year 6 2,483,130 679,135
Net current assets 426,755 496,799
Total assets less current liabilities 428,692 503,195

Creditors
Amounts falling due after more than one
year

7

(20,833

)

(95,833

)

Provisions for liabilities 8 (368 ) (1,599 )
Net assets 407,491 405,763

Capital and reserves
Called up share capital 9 300 300
Retained earnings 407,191 405,463
Shareholders' funds 407,491 405,763

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MACHINERY PLANT LOGISTICS LIMITED (REGISTERED NUMBER: 05925604)

Balance Sheet - continued
31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:




M T Lock - Director



M L Stribley - Director


MACHINERY PLANT LOGISTICS LIMITED (REGISTERED NUMBER: 05925604)

Notes to the Financial Statements
for the period 1 July 2023 to 31 December 2024


1. Statutory information

Machinery Plant Logistics 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 (£).


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.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

There is estimation uncertainty in calculating deferred tax. Whilst every attempt is made to ensure that the deferred tax is accurate as possible, there remains a risk that the provisions do not match the actual tax liability when asset is disposed off.

There is estimation uncertainty in calculating bad debt provisions. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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

MACHINERY PLANT LOGISTICS LIMITED (REGISTERED NUMBER: 05925604)

Notes to the Financial Statements - continued
for the period 1 July 2023 to 31 December 2024


2. Accounting policies - continued

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 10 (2023 - 11 ) .

MACHINERY PLANT LOGISTICS LIMITED (REGISTERED NUMBER: 05925604)

Notes to the Financial Statements - continued
for the period 1 July 2023 to 31 December 2024


4. Tangible fixed assets
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 July 2023
and 31 December 2024 2,973 18,844 20,555 42,372
Depreciation
At 1 July 2023 1,424 17,486 16,752 35,662
Charge for period 1,115 886 2,772 4,773
At 31 December 2024 2,539 18,372 19,524 40,435
Net book value
At 31 December 2024 434 472 1,031 1,937
At 30 June 2023 1,549 1,358 3,803 6,710

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 2,360,334 180,531
Amounts owed by group undertakings 60,558 125,712
Other debtors 31,728 38,292
2,452,620 344,535

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 50,000 50,000
Trade creditors 1,744,914 62,389
Amounts owed to associates 50,000 50,000
Taxation and social security 392,804 166,185
Other creditors 245,412 350,561
2,483,130 679,135

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 20,833 95,833

8. Provisions for liabilities
2024 2023
£    £   
Deferred tax 368 1,599

MACHINERY PLANT LOGISTICS LIMITED (REGISTERED NUMBER: 05925604)

Notes to the Financial Statements - continued
for the period 1 July 2023 to 31 December 2024


8. Provisions for liabilities - continued

Deferred
tax
£   
Balance at 1 July 2023 1,599
Accelerated capital allowances (1,231 )
Balance at 31 December 2024 368

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
300 Ordinary 1 300 300

10. Related party disclosures

During the period the Company charged M Partners Limited £93,600 (2023 £62,400).management fees. During the period the Company was charged £187,260 (2023 £369,640) management fees by M Partners Limited.

M Partners Limited owns 66.67% of the ordinary share capital of the Company and has common directors.

During the period the company was charged £18,000 (2023 £12,000) management fees by Gatton Holdings Limited.

Gatton Holdings Limited owns 33.33% of the ordinary share capital of the Company.