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REGISTERED NUMBER: 10531714 (England and Wales)















Financial Statements for the Year Ended 31 March 2025

for

MRCR Ltd

MRCR Ltd (Registered number: 10531714)

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










Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


MRCR Ltd (Registered number: 10531714)

Abridged Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,806 41,161

CURRENT ASSETS
Stocks 185,201 137,463
Debtors 54,496 52,870
Cash at bank 169,255 96,209
408,952 286,542
CREDITORS
Amounts falling due within one year 194,556 165,726
NET CURRENT ASSETS 214,396 120,816
TOTAL ASSETS LESS CURRENT
LIABILITIES

280,202

161,977

PROVISIONS FOR LIABILITIES 12,503 7,820
NET ASSETS 267,699 154,157

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 267,599 154,057
SHAREHOLDERS' FUNDS 267,699 154,157

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

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

MRCR Ltd (Registered number: 10531714)

Abridged Balance Sheet - continued
31 March 2025


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 May 2025 and were signed on its behalf by:




D J Atherton - Director



S Atherton - Director


MRCR Ltd (Registered number: 10531714)

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


1. STATUTORY INFORMATION

MRCR Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10531714

Registered office: Valley View
Tugby Orchards Business
Wood Lane
Tugby
Leicestershire
LE7 9WE

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 etc - 33% on cost and 25% on cost

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

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.


MRCR Ltd (Registered number: 10531714)

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


2. ACCOUNTING POLICIES - continued
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.

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.

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 11 (2024 - 9 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 120,544
Additions 60,752
At 31 March 2025 181,296
DEPRECIATION
At 1 April 2024 79,383
Charge for year 36,107
At 31 March 2025 115,490
NET BOOK VALUE
At 31 March 2025 65,806
At 31 March 2024 41,161