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REGISTERED NUMBER: 03467096 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

MAINTENANCE AND CONTRACTING SPECIALISTS
LIMITED

MAINTENANCE AND CONTRACTING SPECIALISTS
LIMITED (REGISTERED NUMBER: 03467096)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MAINTENANCE AND CONTRACTING SPECIALISTS
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: Mr M E Whitehouse
Mrs M A Whitehouse





REGISTERED OFFICE: Unit 1a
Taverners Lane
Atherstone
Warwickshire
CV9 2BA





REGISTERED NUMBER: 03467096 (England and Wales)





ACCOUNTANTS: Brookes Stephens
New Media House
Davidson Road
Lichfield
Staffordshire
WS14 9DZ

MAINTENANCE AND CONTRACTING SPECIALISTS
LIMITED (REGISTERED NUMBER: 03467096)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 1,854 2,471

Current assets
Debtors 6 563 2,494
Cash at bank 25,143 46,527
25,706 49,021
Creditors
Amounts falling due within one year 7 6,101 12,394
Net current assets 19,605 36,627
Total assets less current liabilities 21,459 39,098

Provisions for liabilities - 469
Net assets 21,459 38,629

Capital and reserves
Called up share capital 8 1,000 1,000
Retained earnings 20,459 37,629
Shareholders' funds 21,459 38,629

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

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

MAINTENANCE AND CONTRACTING SPECIALISTS
LIMITED (REGISTERED NUMBER: 03467096)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 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 28 July 2025 and were signed on its behalf by:





Mr M E Whitehouse - Director


MAINTENANCE AND CONTRACTING SPECIALISTS
LIMITED (REGISTERED NUMBER: 03467096)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Maintenance And Contracting Specialists 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The company ceased trading on 28 February 2025. As a result of the cessation of trade, the accounts have been prepared on a break up basis.

Turnover
Turnover represents net invoiced 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 - 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.

MAINTENANCE AND CONTRACTING SPECIALISTS
LIMITED (REGISTERED NUMBER: 03467096)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 25,455
DEPRECIATION
At 1 November 2023 22,984
Charge for year 617
At 31 October 2024 23,601
NET BOOK VALUE
At 31 October 2024 1,854
At 31 October 2023 2,471

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 158 1,874
Other debtors 405 620
563 2,494

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 144 (916 )
Taxation and social security 944 8,249
Other creditors 5,013 5,061
6,101 12,394

MAINTENANCE AND CONTRACTING SPECIALISTS
LIMITED (REGISTERED NUMBER: 03467096)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £4,000 (2023 - £4,000) were paid to the directors .

At the year end, the company owed the directors £3,113 (2023: £3,661). These loans are interest free and repayable on demand.