IRIS Accounts Production v25.1.4.42 06714504 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067145042023-09-30067145042024-09-30067145042023-10-012024-09-30067145042022-09-30067145042022-10-012023-09-30067145042023-09-3006714504ns15:EnglandWales2023-10-012024-09-3006714504ns14:PoundSterling2023-10-012024-09-3006714504ns10:Director12023-10-012024-09-3006714504ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3006714504ns10:SmallEntities2023-10-012024-09-3006714504ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3006714504ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3006714504ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3006714504ns10:FullAccounts2023-10-012024-09-3006714504ns10:OrdinaryShareClass12023-10-012024-09-3006714504ns10:Director22023-10-012024-09-3006714504ns10:CompanySecretary12023-10-012024-09-3006714504ns10:RegisteredOffice2023-10-012024-09-3006714504ns5:CurrentFinancialInstruments2024-09-3006714504ns5:CurrentFinancialInstruments2023-09-3006714504ns5:ShareCapital2024-09-3006714504ns5:ShareCapital2023-09-3006714504ns5:RetainedEarningsAccumulatedLosses2024-09-3006714504ns5:RetainedEarningsAccumulatedLosses2023-09-3006714504ns5:PlantMachinery2023-10-012024-09-3006714504ns5:PlantMachinery2023-09-3006714504ns5:PlantMachinery2024-09-3006714504ns5:PlantMachinery2023-09-3006714504ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3006714504ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3006714504ns10:OrdinaryShareClass12024-09-3006714504ns5:RetainedEarningsAccumulatedLosses2023-09-3006714504ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30067145041ns10:Director12023-09-30067145041ns10:Director12022-09-30067145041ns10:Director12023-10-012024-09-30067145041ns10:Director12022-10-012023-09-30067145041ns10:Director12024-09-30067145041ns10:Director12023-09-3006714504ns10:Director222023-09-3006714504ns10:Director222022-09-3006714504ns10:Director222023-10-012024-09-3006714504ns10:Director222022-10-012023-09-3006714504ns10:Director222024-09-3006714504ns10:Director222023-09-30
REGISTERED NUMBER: 06714504 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2024

for

MRL PROJECT DEVELOPMENTS LIMITED

MRL PROJECT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06714504)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MRL PROJECT DEVELOPMENTS LIMITED

Company Information
for the Year Ended 30 September 2024







DIRECTORS: M Letchford
Mrs S Letchford





SECRETARY: Mrs S Letchford





REGISTERED OFFICE: Nirvana
Woodgaston Lane
Hayling Island
Hampshire
PO11 0RL





REGISTERED NUMBER: 06714504 (England and Wales)





ACCOUNTANTS: Adams Beeny Limited
4 Sudley Road
Bognor Regis
West Sussex
PO21 1EU

MRL PROJECT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06714504)

Statement of Financial Position
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 776 934

CURRENT ASSETS
Debtors 5 8,857 4,899
Cash at bank 44,896 48,873
53,753 53,772
CREDITORS
Amounts falling due within one year 6 14,723 16,676
NET CURRENT ASSETS 39,030 37,096
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,806

38,030

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 39,706 37,930
SHAREHOLDERS' FUNDS 39,806 38,030

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

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

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 by the Board of Directors and authorised for issue on 23 April 2025 and were signed on its behalf by:





M Letchford - Director


MRL PROJECT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06714504)

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

1. STATUTORY INFORMATION

MRL Project Developments 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.

Turnover
Turnover is measured at the invoiced rate of communication field engineering services provided, net of VAT.

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

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

MRL PROJECT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06714504)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 17,678
Additions 100
At 30 September 2024 17,778
DEPRECIATION
At 1 October 2023 16,744
Charge for year 258
At 30 September 2024 17,002
NET BOOK VALUE
At 30 September 2024 776
At 30 September 2023 934

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 8,468 4,570
Other debtors 389 329
8,857 4,899

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 161 117
Taxation and social security 13,726 12,709
Other creditors 836 3,850
14,723 16,676

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100

MRL PROJECT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06714504)

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

8. RESERVES
Retained
earnings
£   

At 1 October 2023 37,930
Profit for the year 39,276
Dividends (37,500 )
At 30 September 2024 39,706

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
M Letchford
Balance outstanding at start of year (2,874 ) (3,793 )
Amounts advanced 54,313 40,492
Amounts repaid (51,751 ) (39,573 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (312 ) (2,874 )

Mrs S Letchford
Balance outstanding at start of year (976 ) (813 )
Amounts advanced 783 1,195
Amounts repaid (331 ) (1,358 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (524 ) (976 )

The loans with the directors are interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M Letchford and Mrs S Letchford.