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REGISTERED NUMBER: 07555778 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2025

for

Master Engineers Ltd

Master Engineers Ltd (Registered number: 07555778)

Contents of the Financial Statements
for the Year Ended 31st March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Master Engineers Ltd

Company Information
for the Year Ended 31st March 2025







DIRECTOR: A M Parry





SECRETARY: Ms L Parry





REGISTERED OFFICE: 4B Printing House Yard
London
E2 7PR





REGISTERED NUMBER: 07555778 (England and Wales)





ACCOUNTANTS: Armstrong & Co
Chartered Accountants
4a Printing House Yard
Hackney Road
London
E2 7PR

Master Engineers Ltd (Registered number: 07555778)

Balance Sheet
31st March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 361 452

CURRENT ASSETS
Debtors 5 9,081 7,971
Cash at bank 15,674 22,036
24,755 30,007
CREDITORS
Amounts falling due within one year 6 25,000 32,819
NET CURRENT LIABILITIES (245 ) (2,812 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

116

(2,360

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 114 (2,362 )
116 (2,360 )

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

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

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 23rd June 2025 and were signed by:





A M Parry - Director


Master Engineers Ltd (Registered number: 07555778)

Notes to the Financial Statements
for the Year Ended 31st March 2025


1. STATUTORY INFORMATION

Master Engineers Ltd 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.

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 - 25% on reducing balance

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.

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 2 (2024 - 2 ) .

Master Engineers Ltd (Registered number: 07555778)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1st April 2024
and 31st March 2025 4,072
DEPRECIATION
At 1st April 2024 3,620
Charge for year 91
At 31st March 2025 3,711
NET BOOK VALUE
At 31st March 2025 361
At 31st March 2024 452

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 7,848 7,223
Other debtors 1,233 748
9,081 7,971

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 25,000 26,240
Other creditors - 6,579
25,000 32,819