IRIS Accounts Production v25.1.0.734 15459529 Board of Directors 1.2.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh154595292024-01-31154595292025-03-31154595292024-02-012025-03-31154595292024-01-3115459529ns15:EnglandWales2024-02-012025-03-3115459529ns14:PoundSterling2024-02-012025-03-3115459529ns10:Director12024-02-012025-03-3115459529ns10:PrivateLimitedCompanyLtd2024-02-012025-03-3115459529ns10:SmallEntities2024-02-012025-03-3115459529ns10:AuditExempt-NoAccountantsReport2024-02-012025-03-3115459529ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-03-3115459529ns10:SmallCompaniesRegimeForAccounts2024-02-012025-03-3115459529ns10:FullAccounts2024-02-012025-03-3115459529ns5:CurrentFinancialInstruments2025-03-3115459529ns5:Non-currentFinancialInstruments2025-03-3115459529ns5:ShareCapital2025-03-3115459529ns5:RetainedEarningsAccumulatedLosses2025-03-3115459529ns10:RegisteredOffice2024-02-012025-03-3115459529ns5:PlantMachinery2024-02-012025-03-3115459529ns5:MotorVehicles2024-02-012025-03-3115459529ns5:ComputerEquipment2024-02-012025-03-3115459529ns5:PlantMachinery2025-03-3115459529ns5:MotorVehicles2025-03-3115459529ns5:ComputerEquipment2025-03-3115459529ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3115459529ns5:Secured2025-03-31
REGISTERED NUMBER: 15459529 (England and Wales)














Unaudited Financial Statements

for the Period 1 February 2024 to 31 March 2025

for

Mcr Repairs Ltd

Mcr Repairs Ltd (Registered number: 15459529)






Contents of the Financial Statements
for the Period 1 February 2024 to 31 March 2025




Page

Balance Sheet 1

Notes to the Financial Statements 2


Mcr Repairs Ltd (Registered number: 15459529)

Balance Sheet
31 March 2025

Notes £    £   
FIXED ASSETS
Tangible assets 4 135,687

CURRENT ASSETS
Stocks 12,000
Debtors 5 253,075
Cash at bank 1,737
266,812
CREDITORS
Amounts falling due within one year 6 352,466
NET CURRENT LIABILITIES (85,654 )
TOTAL ASSETS LESS CURRENT LIABILITIES 50,033

CREDITORS
Amounts falling due after more than one year 7 (2,683 )

PROVISIONS FOR LIABILITIES (33,922 )
NET ASSETS 13,428

CAPITAL AND RESERVES
Called up share capital 3
Retained earnings 13,425
SHAREHOLDERS' FUNDS 13,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by:





Mr J T Naylor - Director


Mcr Repairs Ltd (Registered number: 15459529)

Notes to the Financial Statements
for the Period 1 February 2024 to 31 March 2025

1. STATUTORY INFORMATION

Mcr Repairs Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 15459529

Registered office: Unit 259, Peel House,
30 The Downs
Altrincham
Cheshire
WA14 2PX

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the services supplied.

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
Motor vehicles - 15% on cost
Computer equipment - 33.33% 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.

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.

Mcr Repairs Ltd (Registered number: 15459529)

Notes to the Financial Statements - continued
for the Period 1 February 2024 to 31 March 2025

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 period was 15 .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
Additions 5,386 151,992 3,685 161,063
At 31 March 2025 5,386 151,992 3,685 161,063
DEPRECIATION
Charge for period 1,347 22,800 1,229 25,376
At 31 March 2025 1,347 22,800 1,229 25,376
NET BOOK VALUE
At 31 March 2025 4,039 129,192 2,456 135,687

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 206,349
Other debtors 46,726
253,075

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 1,631
Trade creditors 47,374
Taxation and social security 6,085
Other creditors 297,376
352,466

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Hire purchase contracts 2,683

Mcr Repairs Ltd (Registered number: 15459529)

Notes to the Financial Statements - continued
for the Period 1 February 2024 to 31 March 2025

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Hire purchase contracts 4,314
Debt factoring facility 137,390
141,704

Time Invoice Finance Ltd hold a fixed and floating charge over all the property and undertaking of the company.

Hire purchase loans are secured against the assets to which they relate.