5 5 Integrated MEP Limited 07699310 false 2023-08-31 2024-08-30 2024-08-30 The principal activity of the company is heating and cooling systems and electrical services. Digita Accounts Production Advanced 6.30.9574.0 true false 07699310 2023-08-31 2024-08-30 07699310 2024-08-30 07699310 bus:Director1 1 2024-08-30 07699310 bus:Director1 2 2024-08-30 07699310 bus:Director3 1 2024-08-30 07699310 bus:Director3 2 2024-08-30 07699310 core:RetainedEarningsAccumulatedLosses 2024-08-30 07699310 core:ShareCapital 2024-08-30 07699310 core:CurrentFinancialInstruments 2024-08-30 07699310 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-30 07699310 core:FurnitureFittingsToolsEquipment 2024-08-30 07699310 core:MotorVehicles 2024-08-30 07699310 bus:SmallEntities 2023-08-31 2024-08-30 07699310 bus:AuditExemptWithAccountantsReport 2023-08-31 2024-08-30 07699310 bus:FilletedAccounts 2023-08-31 2024-08-30 07699310 bus:SmallCompaniesRegimeForAccounts 2023-08-31 2024-08-30 07699310 bus:RegisteredOffice 2023-08-31 2024-08-30 07699310 bus:Director1 2023-08-31 2024-08-30 07699310 bus:Director1 1 2023-08-31 2024-08-30 07699310 bus:Director1 2 2023-08-31 2024-08-30 07699310 bus:Director3 2023-08-31 2024-08-30 07699310 bus:Director3 1 2023-08-31 2024-08-30 07699310 bus:Director3 2 2023-08-31 2024-08-30 07699310 bus:PrivateLimitedCompanyLtd 2023-08-31 2024-08-30 07699310 core:FurnitureFittings 2023-08-31 2024-08-30 07699310 core:FurnitureFittingsToolsEquipment 2023-08-31 2024-08-30 07699310 core:MotorVehicles 2023-08-31 2024-08-30 07699310 1 2023-08-31 2024-08-30 07699310 countries:England 2023-08-31 2024-08-30 07699310 2023-08-30 07699310 bus:Director1 1 2023-08-30 07699310 bus:Director1 2 2023-08-30 07699310 bus:Director3 1 2023-08-30 07699310 bus:Director3 2 2023-08-30 07699310 core:FurnitureFittingsToolsEquipment 2023-08-30 07699310 core:MotorVehicles 2023-08-30 07699310 2022-08-31 2023-08-30 07699310 2023-08-30 07699310 bus:Director3 1 2023-08-30 07699310 bus:Director3 2 2023-08-30 07699310 core:RetainedEarningsAccumulatedLosses 2023-08-30 07699310 core:ShareCapital 2023-08-30 07699310 core:CurrentFinancialInstruments 2023-08-30 07699310 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-30 07699310 core:FurnitureFittingsToolsEquipment 2023-08-30 07699310 core:MotorVehicles 2023-08-30 07699310 bus:Director3 1 2022-08-31 2023-08-30 07699310 bus:Director3 2 2022-08-31 2023-08-30 07699310 bus:Director3 1 2022-08-30 07699310 bus:Director3 2 2022-08-30 xbrli:pure iso4217:GBP

Registration number: 07699310

Integrated MEP Limited

Unaudited Financial Statements

for the Year Ended 30 August 2024

 

Integrated MEP Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 6

 

Integrated MEP Limited

(Registration number: 07699310)
Statement of Financial Position as at 30 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

21,976

45,430

Current assets

 

Debtors

5

729,934

965,181

Cash at bank and in hand

 

3,459,416

2,075,103

 

4,189,350

3,040,284

Creditors: Amounts falling due within one year

6

(1,732,194)

(1,667,042)

Net current assets

 

2,457,156

1,373,242

Net assets

 

2,479,132

1,418,672

Capital and reserves

 

Called up share capital

100

100

Retained earnings

2,479,032

1,418,572

Shareholders' funds

 

2,479,132

1,418,672

For the financial year ending 30 August 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 18 August 2025 and signed on its behalf by:
 

.........................................
Mr D J Morris
Director

   
     
 

Integrated MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Imperial Buildings
20 - 22 Bull Ring
High Street
Northwich
Cheshire
CW9 5BU
England

These financial statements were authorised for issue by the Board on 18 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

When goods and services are being supplied to customers under long term contract, income is recognised as a percentage completion of the contract. The differences between amounts credited to turnover by this method and stage payments received or receivable, after providing for costs to completion where applicable, is shown in the statement of financial position as amounts recoverable on contracts (debtors) or payments received on account of contracts (creditors).

In respect of long term contracts and contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for ongoing services is recognised by reference to the stage of completion.

 

Integrated MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 August 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% straight line

Equipment

25% straight line

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Integrated MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 August 2024

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the income statement
 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2023 - 5).

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 31 August 2023

21,456

57,179

78,635

At 30 August 2024

21,456

57,179

78,635

Depreciation

At 31 August 2023

12,515

20,690

33,205

Charge for the year

4,501

18,953

23,454

At 30 August 2024

17,016

39,643

56,659

Carrying amount

At 30 August 2024

4,440

17,536

21,976

At 30 August 2023

8,941

36,489

45,430

 

Integrated MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 August 2024

5

Debtors

Current

Note

2024
£

2023
£

Trade debtors

 

654,658

915,309

Amounts owed by related parties

7

15,215

-

Prepayments

 

3,698

1,566

Other debtors

 

56,363

48,306

   

729,934

965,181

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

1,220,789

950,615

Amounts owed to group undertakings and undertakings in which the company has a participating interest

7

-

300,054

Taxation and social security

 

435,823

384,559

Accruals and deferred income

 

67,127

19,523

Other creditors

 

8,455

12,291

 

1,732,194

1,667,042

 

Integrated MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 August 2024

7

Related party transactions

Transactions with directors

2024

At 31 August 2023
£

Advances to director
£

At 30 August 2024
£

Mr D J Morris

Loans advanced during the year

-

2,961

2,961

Interest on advances

-

-

-

-

2,961

2,961

Mr C J Morris

3,460

4,643

8,103

-

-

-

3,460

4,643

8,103

2023

At 31 August 2022
£

At 30 August 2023
£

Mr C J Morris

3,460

3,460

-

-

3,460

3,460

8

Parent and ultimate parent undertaking

The company's immediate parent is May Fradley Limited, incorporated in England. The registered office is Imperial Buildings, 20 - 22 Bull Ring, High Street, Northwich, England, CW9 5BU.