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REGISTERED NUMBER: 07592257 (England and Wales)
























Unaudited Financial Statements

For The Year Ended 31 March 2025

for

MIDLAND MECHANICAL ENGINEERS LIMITED

MIDLAND MECHANICAL ENGINEERS LIMITED (REGISTERED NUMBER: 07592257)

Contents of the Financial Statements
For The Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MIDLAND MECHANICAL ENGINEERS LIMITED

Company Information
For The Year Ended 31 March 2025







DIRECTOR: B A Watts





REGISTERED OFFICE: 12 Oakwood Close
Desborough
Kettering
Northamptonshire
NN14 2GQ





REGISTERED NUMBER: 07592257 (England and Wales)





ACCOUNTANTS: TC Group
1 Rushmills
Bedford Road
Northampton
Northamptonshire
NN4 7YB

MIDLAND MECHANICAL ENGINEERS LIMITED (REGISTERED NUMBER: 07592257)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,761 47,878

CURRENT ASSETS
Stocks 36,133 43,248
Debtors 5 29,006 91,663
Cash at bank and in hand - 593
65,139 135,504
CREDITORS
Amounts falling due within one year 6 253,361 222,245
NET CURRENT LIABILITIES (188,222 ) (86,741 )
TOTAL ASSETS LESS CURRENT LIABILITIES (151,461 ) (38,863 )

CREDITORS
Amounts falling due after more than one
year

7

(741

)

(37,008

)

PROVISIONS FOR LIABILITIES (7,345 ) (9,097 )
NET LIABILITIES (159,547 ) (84,968 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (159,647 ) (85,068 )
SHAREHOLDERS' FUNDS (159,547 ) (84,968 )

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 director acknowledges his 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.

MIDLAND MECHANICAL ENGINEERS LIMITED (REGISTERED NUMBER: 07592257)

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 August 2025 and were signed by:





B A Watts - Director


MIDLAND MECHANICAL ENGINEERS LIMITED (REGISTERED NUMBER: 07592257)

Notes to the Financial Statements
For The Year Ended 31 March 2025


1. STATUTORY INFORMATION

Midland Mechanical Engineers 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.

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 represents net invoiced sales of plumbing and heating 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

MIDLAND MECHANICAL ENGINEERS LIMITED (REGISTERED NUMBER: 07592257)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Going concern
The financial statements have been prepared on the assumption that the company is a going concern and will continue for the foreseeable future. The company relies upon the continued support of the directors, and the company has neither the intention nor the need to liquidate or curtail materially the scale of its operations.

The financial statements, therefore, do not include any adjustments that would be required to reflect a withdrawal of support by the directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 62,867 62,700 4,176 129,743
Additions 290 - - 290
At 31 March 2025 63,157 62,700 4,176 130,033
DEPRECIATION
At 1 April 2024 44,827 34,543 2,495 81,865
Charge for year 3,617 7,040 750 11,407
At 31 March 2025 48,444 41,583 3,245 93,272
NET BOOK VALUE
At 31 March 2025 14,713 21,117 931 36,761
At 31 March 2024 18,040 28,157 1,681 47,878

MIDLAND MECHANICAL ENGINEERS LIMITED (REGISTERED NUMBER: 07592257)

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


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2024
and 31 March 2025 62,700
DEPRECIATION
At 1 April 2024 34,543
Charge for year 7,040
At 31 March 2025 41,583
NET BOOK VALUE
At 31 March 2025 21,117
At 31 March 2024 28,157

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 18,672 61,917
Directors' current accounts - 12,669
Tax 3,333 8,639
VAT 5,586 2,905
Accrued income 1,415 3,282
Prepayments - 2,251
29,006 91,663

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 2,896 15,524
Other loans 58,751 73,881
Hire purchase contracts 6,928 8,854
Trade creditors 72,633 77,211
Social security and other taxes 28,832 17,211
Other creditors 25,520 24,869
Directors' current accounts 55,323 2,415
Accrued expenses 2,478 2,280
253,361 222,245

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Other loans - 1-2 years - 29,339
Hire purchase contracts 741 7,669
741 37,008

MIDLAND MECHANICAL ENGINEERS LIMITED (REGISTERED NUMBER: 07592257)

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


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
S Metcalfe
Balance outstanding at start of year (2,415 ) 11,471
Amounts advanced 23,028 46,009
Amounts repaid (22,920 ) (59,895 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,307 ) (2,415 )

B A Watts
Balance outstanding at start of year 12,670 11,470
Amounts advanced 81,686 47,721
Amounts repaid (147,371 ) (46,521 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (53,015 ) 12,670