REGISTERED NUMBER: 14980818 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

MDM Sigma Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

D Leydon

M J A Howard

T J Hill

REGISTERED OFFICE:

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

REGISTERED NUMBER:

14980818 (England and Wales)

ACCOUNTANTS:

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

FIXED ASSETS

Tangible assets

4

83,128

24,739

CURRENT ASSETS

Stocks

5

13,289

6,698

Debtors

6

218,537

62,396

Cash at bank

78,719

43,337

310,545

112,431

CREDITORS

Amounts falling due within one year

7

252,312

106,685

NET CURRENT ASSETS

58,233

5,746

TOTAL ASSETS LESS CURRENT LIABILITIES

141,361

30,485

CREDITORS

Amounts falling due after more than one year

8

(53,081

)

-

PROVISIONS FOR LIABILITIES

(18,777

)

(5,181

)

NET ASSETS

69,503

25,304

CAPITAL AND RESERVES

Called up share capital

10

1,200

1,200

Retained earnings

68,303

24,104

SHAREHOLDERS' FUNDS

69,503

25,304

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.

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 4 September 2025 and were signed on its behalf by:

D Leydon - Director

1.	STATUTORY INFORMATION

MDM Sigma 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

There were no material departures from that standard.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measure reliably.

Rendering of services

Revenue from the installation, maintenance and servicing of air compressors is recognised when work has been complete.

Tangible fixed assets

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows.

Plant & machinery - 20% reducing balance.

Motor vehicles - 25% reducing balance.

Computer equipment - 33% straight line.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

11,595

-

15,167

1,372

28,134

Additions

8,878

928

61,331

3,595

74,732

Disposals

-

-

(6,667

)

-

(6,667

)

At 31 March 2025

20,473

928

69,831

4,967

96,199

DEPRECIATION

At 1 April 2024

527

-

2,570

298

3,395

Charge for year

2,892

103

7,095

1,221

11,311

Eliminated on disposal

-

-

(1,635

)

-

(1,635

)

At 31 March 2025

3,419

103

8,030

1,519

13,071

NET BOOK VALUE

At 31 March 2025

17,054

825

61,801

3,448

83,128

At 31 March 2024

11,068

-

12,597

1,074

24,739

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

60,183

At 31 March 2025

60,183

DEPRECIATION

Charge for year

4,988

At 31 March 2025

4,988

NET BOOK VALUE

At 31 March 2025

55,195

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

13,289

6,698

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

201,153

62,096

Other debtors

14,140

-

Prepayments

3,244

300

218,537

62,396

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts (see note 9)

5,717

-

Trade creditors

196,535

48,415

Tax

21,652

15,316

VAT

2,891

9,241

Other creditors

43

-

Directors' current accounts

22,514

32,033

Accrued expenses

2,960

1,680

252,312

106,685

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts (see note 9)

53,081

-

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.25

31.3.24

£

£

Gross obligations repayable:

Within one year

10,724

-

Between one and five years

58,907

-

69,631

-

Finance charges repayable:

Within one year

5,007

-

Between one and five years

5,826

-

10,833

-

Net obligations repayable:

Within one year

5,717

-

Between one and five years

53,081

-

58,798

-

Non-cancellable

operating leases

31.3.25

31.3.24

£

£

Within one year

48,529

-

Between one and five years

59,872

-

108,401

-

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

100

A

£1

100

100

100

B

£1

100

100

1,200

1,200

11.	RELATED PARTY DISCLOSURES

The balance outstanding at the year end due to D Leydon is £14,686 (2024 - £20,911).

The balance outstanding at the year end due to M Howard is £7,828 (2024 -£11,122).

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MDM Sigma Limited for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of MDM Sigma Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MDM Sigma Limited and state those matters that we have agreed to state to the Board of Directors of MDM Sigma Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MDM Sigma Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that MDM Sigma Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MDM Sigma Limited. You consider that MDM Sigma Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MDM Sigma Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

4 September 2025