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REGISTERED NUMBER: SC215941 (Scotland)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

MECHANICAL PLANT INSTALLATION LIMITED

MECHANICAL PLANT INSTALLATION LIMITED (REGISTERED NUMBER: SC215941)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MECHANICAL PLANT INSTALLATION LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2025







DIRECTORS: M Bowsfield
A R G Boules





SECRETARY: M Bowsfield





REGISTERED OFFICE: Unit 6, Block 7
Whiteside Industrial Estate
Bathgate
West Lothian
EH48 2RX





REGISTERED NUMBER: SC215941 (Scotland)





ACCOUNTANTS: Kean Jarman & Company
Chartered Accountants
27 Ingram Street
Glasgow
G1 1HA

MECHANICAL PLANT INSTALLATION LIMITED (REGISTERED NUMBER: SC215941)

BALANCE SHEET
28 February 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 189,956 188,808

CURRENT ASSETS
Stocks 5 107,314 82,317
Debtors 6 154,217 221,981
Cash at bank and in hand 608,969 568,703
870,500 873,001
CREDITORS
Amounts falling due within one year 7 118,952 123,504
NET CURRENT ASSETS 751,548 749,497
TOTAL ASSETS LESS CURRENT
LIABILITIES

941,504

938,305

CREDITORS
Amounts falling due after more than one year 8 (5,127 ) (5,509 )

PROVISIONS FOR LIABILITIES (36,092 ) (35,874 )
NET ASSETS 900,285 896,922

CAPITAL AND RESERVES
Called up share capital 72 72
Retained earnings 900,213 896,850
SHAREHOLDERS' FUNDS 900,285 896,922

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

MECHANICAL PLANT INSTALLATION LIMITED (REGISTERED NUMBER: SC215941)

BALANCE SHEET - continued
28 February 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 Board of Directors and authorised for issue on 27 August 2025 and were signed on its behalf by:





A R G Boules - Director


MECHANICAL PLANT INSTALLATION LIMITED (REGISTERED NUMBER: SC215941)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Mechanical Plant Installation Limited is a private company, limited by shares , registered in Scotland. 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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.

MECHANICAL PLANT INSTALLATION LIMITED (REGISTERED NUMBER: SC215941)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 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.

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 12 (2024 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 March 2024 240,202 53,493 225,583 519,278
Additions 24,352 2,970 41,820 69,142
Disposals - - (35,720 ) (35,720 )
At 28 February 2025 264,554 56,463 231,683 552,700
DEPRECIATION
At 1 March 2024 174,079 44,000 112,391 330,470
Charge for year 13,571 1,869 34,153 49,593
Eliminated on disposal - - (17,319 ) (17,319 )
At 28 February 2025 187,650 45,869 129,225 362,744
NET BOOK VALUE
At 28 February 2025 76,904 10,594 102,458 189,956
At 29 February 2024 66,123 9,493 113,192 188,808

MECHANICAL PLANT INSTALLATION LIMITED (REGISTERED NUMBER: SC215941)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 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 March 2024 47,034
Additions 41,820
At 28 February 2025 88,854
DEPRECIATION
At 1 March 2024 20,577
Charge for year 17,070
At 28 February 2025 37,647
NET BOOK VALUE
At 28 February 2025 51,207
At 29 February 2024 26,457

5. STOCKS
28.2.25 29.2.24
£    £   
Stocks 5,075 5,075
Work-in-progress 102,239 77,242
107,314 82,317

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 144,089 213,008
Other debtors 500 -
Prepayments and accrued income 9,628 8,973
154,217 221,981

MECHANICAL PLANT INSTALLATION LIMITED (REGISTERED NUMBER: SC215941)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Hire purchase contracts 9,611 7,345
Trade creditors 26,700 47,582
Tax 8,189 1,057
Social security and other taxes 11,308 10,377
VAT 50,271 50,066
Accrued expenses 12,873 7,077
118,952 123,504

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Hire purchase contracts 5,127 5,509

9. SECURED DEBTS

The following secured debts are included within creditors:

28.2.25 29.2.24
£    £   
Hire purchase contracts 14,738 12,854