Company registration number 05438257 (England and Wales)
MC REFRIGERATION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
MC REFRIGERATION LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
MC REFRIGERATION LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,088,609
611,835
Current assets
Stocks
50,000
50,000
Debtors
5
836,521
536,699
Cash at bank and in hand
311,586
430,655
1,198,107
1,017,354
Creditors: amounts falling due within one year
6
(599,913)
(366,892)
Net current assets
598,194
650,462
Total assets less current liabilities
1,686,803
1,262,297
Creditors: amounts falling due after more than one year
7
(247,908)
(145,493)
Provisions for liabilities
(268,052)
(152,958)
Net assets
1,170,843
963,846
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
1,170,743
963,746
Total equity
1,170,843
963,846

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

MC REFRIGERATION LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2025
30 April 2025
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 14 July 2025
Mr M Carvell
Director
Company Registration No. 05438257
MC REFRIGERATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 3 -
1
Accounting policies
Company information

MC Refrigeration Limited is a private company limited by shares incorporated in England and Wales. The registered office is Thorpe House, 93 Headlands, Kettering, Northamptonshire, United Kingdom, NN15 6BL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Turnover

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

1.3
Tangible fixed assets

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

 

In accordance with the company’s accounting policy, no depreciation is charged in the year of acquisition of fixed assets, irrespective of the date of purchase. This policy is applied in accordance with the principles of FRS 102 Section 17 – Property, Plant and Equipment, and is considered to fairly represent the pattern in which the economic benefits of the assets are consumed by the entity.

1.4
Stocks

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

1.5

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.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

MC REFRIGERATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 4 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
24
19
4
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 May 2024
324,876
48,580
686,834
1,060,290
Additions
167,121
-
0
488,240
655,361
Disposals
-
0
-
0
(106,142)
(106,142)
At 30 April 2025
491,997
48,580
1,068,932
1,609,509
Depreciation and impairment
At 1 May 2024
134,036
32,910
281,509
448,455
Depreciation charged in the year
47,710
3,928
95,332
146,970
Eliminated in respect of disposals
-
0
-
0
(74,525)
(74,525)
At 30 April 2025
181,746
36,838
302,316
520,900
Carrying amount
At 30 April 2025
310,251
11,742
766,616
1,088,609
At 30 April 2024
190,840
15,670
405,325
611,835

 

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
791,748
485,529
Other debtors
21,661
29,159
Prepayments and accrued income
23,112
22,011
836,521
536,699
MC REFRIGERATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 5 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases
8
125,632
52,844
Trade creditors
364,231
154,573
Corporation tax
75,767
125,275
Other taxation and social security
21,487
24,909
Other creditors
46
41
Accruals and deferred income
12,750
9,250
599,913
366,892
7
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
30,000
60,000
Obligations under finance leases
8
198,755
59,347
Other creditors
19,153
26,146
247,908
145,493
8
Finance lease obligations
2025
2024
Future minimum lease payments due under finance leases:
£
£
324,387
112,191

The finance lease obligations are secured under normal commercial terms.

9
Other financial commitments

The company has operating lease commitments on land and buildings which expire within five years totalling £182,908 (2024: £329,735)

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