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REGISTERED NUMBER: 08803330 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2024

for

MLS Air Con Limited

MLS Air Con Limited (Registered number: 08803330)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MLS Air Con Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: M E Leeke
Mrs H M Leeke
O E Leeke





REGISTERED OFFICE: Wyvols Court
Basingstoke Road
Swallowfield
Reading
Berkshire
RG7 1WY





REGISTERED NUMBER: 08803330 (England and Wales)





ACCOUNTANTS: J & C Accountants Ltd
Wyvols Court
Basingstoke Road
Swallowfield
Reading
Berkshire
RG7 1WY

MLS Air Con Limited (Registered number: 08803330)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 96,300 87,410

CURRENT ASSETS
Debtors 5 17,214 32,856
Cash at bank and in hand 52,120 30,798
69,334 63,654
CREDITORS
Amounts falling due within one year 6 88,714 84,185
NET CURRENT LIABILITIES (19,380 ) (20,531 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,920

66,879

CREDITORS
Amounts falling due after more than
one year

7

(12,399

)

(5,479

)

PROVISIONS FOR LIABILITIES (18,367 ) (16,608 )
NET ASSETS 46,154 44,792

CAPITAL AND RESERVES
Called up share capital 32 32
Retained earnings 46,122 44,760
SHAREHOLDERS' FUNDS 46,154 44,792

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

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

MLS Air Con Limited (Registered number: 08803330)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by:




M E Leeke - Director Mrs H M Leeke - Director




O E Leeke - Director


MLS Air Con Limited (Registered number: 08803330)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

MLS Air Con Limited is a private company, limited by shares, registered in England & Wales. The company's registered number is 08803330. The registered office address is Wyvols Court, Basingstoke Road, Swallowfield, Reading, RG7 1WY.

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 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 etc - 15% on reducing balance and 10% 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.

MLS Air Con Limited (Registered number: 08803330)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 124,329
Additions 47,495
Disposals (41,097 )
At 31 December 2024 130,727
DEPRECIATION
At 1 January 2024 36,919
Charge for year 11,641
Eliminated on disposal (14,133 )
At 31 December 2024 34,427
NET BOOK VALUE
At 31 December 2024 96,300
At 31 December 2023 87,410

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 17,214 32,856

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 13,322 8,246
Trade creditors 17,549 6,076
Taxation and social security 20,139 28,853
Other creditors 37,704 41,010
88,714 84,185

MLS Air Con Limited (Registered number: 08803330)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 12,399 5,479