27 September 2024 v2025.51.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP159830822024-09-272024-12-31159830822024-12-3115983082core:ShareCapital2024-12-3115983082bus:Director12024-09-272024-12-3115983082bus:RegisteredOffice2024-09-272024-12-3115983082core:AdditionsToInvestments2024-12-3115983082core:CostValuation2024-12-311598308212024-09-272024-12-3115983082countries:EnglandWales2024-09-272024-12-3115983082bus:AuditExemptWithAccountantsReport2024-09-272024-12-3115983082bus:PrivateLimitedCompanyLtd2024-09-272024-12-3115983082bus:SmallEntities2024-09-272024-12-3115983082bus:FullAccounts2024-09-272024-12-31
Company registration number:
15983082
Mectric Holdings Ltd
Unaudited Filleted Financial Statements for the period ended
31 December 2024
BRIAN PAUL LIMITED
Chartered Accountants
159A Chase Side, Enfield, Middlesex, EN2 0PW, United Kingdom
Mectric Holdings Ltd
Statement of Financial Position
31 December 2024
31 Dec 2024
Note£
Fixed assets  
Investments 5
100
 
Total assets less current liabilities 100  
Capital and reserves  
Called up share capital
100
 
Profit and loss account -  
Shareholders funds
100
 
For the period ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
12 August 2025
, and are signed on behalf of the board by:
M Cosgrove
Director
Company registration number:
15983082
Mectric Holdings Ltd
Notes to the Financial Statements
Period ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 21 Maple Park
,
Essex Road
,
Hoddesdon
,
EN11 0EX
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Consolidation

The entity has taken advantage of the option not to prepare consolidated
financial statements
contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.

4 Average number of employees

The average number of persons employed by the company during the period was Nil.

5 Investments

Shares in group undertakings and participating interests
£
Cost  
At
27 September 2024
-  
Additions
100
 
At
31 December 2024
100
 
Impairment  
At
27 September 2024
and
31 December 2024
-  
Carrying amount  
At
31 December 2024
100