Company registration number:
NI634503
MR Mechanical Services Ltd
Unaudited filleted financial statements
31 December 2024
MR Mechanical Services Ltd
Contents
Directors and other information
Directors report
Balance sheet
Notes to the financial statements
MR Mechanical Services Ltd
Directors and other information
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Directors |
Mr Mark Rocks |
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Mrs Claire Rocks |
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Company number |
NI634503 |
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Registered office |
29 Donagh Grove |
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Burren |
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Co Down |
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BT34 3UH |
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MR Mechanical Services Ltd
Directors report
Year ended 31 December 2024
The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024.
Directors
The directors who served the company during the year were as follows:
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Mr Mark Rocks |
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Mrs Claire Rocks |
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Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
29 September 2025
and signed on behalf of the board by:
Mr Mark Rocks
Director
MR Mechanical Services Ltd
Balance sheet
31 December 2024
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2024 |
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2023 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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5 |
434,037 |
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252,888 |
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Investments |
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6 |
100 |
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100 |
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_______ |
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_______ |
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434,137 |
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252,988 |
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Current assets |
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Stocks |
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71,250 |
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37,760 |
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Debtors |
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7 |
180,309 |
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304,440 |
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Cash at bank and in hand |
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46,321 |
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32,612 |
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_______ |
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_______ |
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297,880 |
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374,812 |
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Creditors: amounts falling due |
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within one year |
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8 |
(
314,678) |
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(
212,874) |
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_______ |
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_______ |
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Net current (liabilities)/assets |
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(
16,798) |
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161,938 |
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_______ |
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_______ |
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Total assets less current liabilities |
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417,339 |
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414,926 |
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Creditors: amounts falling due |
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after more than one year |
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9 |
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(
29,654) |
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(
24,079) |
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_______ |
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_______ |
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Net assets |
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387,685 |
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390,847 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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100 |
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100 |
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Profit and loss account |
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387,585 |
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390,747 |
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_______ |
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_______ |
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Shareholders funds |
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387,685 |
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390,847 |
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_______ |
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_______ |
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For the year 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:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
29 September 2025
, and are signed on behalf of the board by:
Mr Mark Rocks
Director
Company registration number:
NI634503
MR Mechanical Services Ltd
Notes to the financial statements
Year ended 31 December 2024
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 29 Donagh Grove, Burren, Co Down, BT34 3UH.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Plant and machinery |
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15 % |
reducing balance |
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Fittings fixtures and equipment |
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15 % |
reducing balance |
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Motor vehicles |
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15 % |
reducing balance |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
11
(2023:
11
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7.
Debtors
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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41,025 |
147,990 |
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Amounts owed by group undertaking |
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71,344 |
116,907 |
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Other debtors |
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67,940 |
39,543 |
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_______ |
_______ |
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180,309 |
304,440 |
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_______ |
_______ |
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8.
Creditors: amounts falling due within one year
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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10,976 |
24,037 |
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Trade creditors |
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165,374 |
158,681 |
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Accruals and deferred income |
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8,844 |
8,844 |
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Corporation tax |
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1,577 |
9,118 |
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Director loan accounts |
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106,769 |
4,611 |
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Other creditors |
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21,138 |
7,583 |
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_______ |
_______ |
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314,678 |
212,874 |
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_______ |
_______ |
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9.
Creditors: amounts falling due after more than one year
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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29,654 |
24,079 |
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_______ |
_______ |
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