REGISTERED NUMBER: 03887024 (England and Wales)

M.V. Technical Solutions Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

Notes to the financial statements

5

Directors:

I Masters

Mrs K Masters

Registered office:

Monica House

St Augustines Road

Wisbech

Cambs

PE13 3AD

Business address:

Dairy House Barn

7a Main Street

Woodnewton

Northamptonshire

PE8 5EB

Registered number:

03887024 (England and Wales)

Accountants:

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

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 Directors' report 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 M.V. Technical Solutions Limited for the year ended 31 March 2025 which comprise the Income statement, Statement of financial position 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 M.V. Technical Solutions Limited, as a body, in accordance with the terms of our engagement letter dated 17 August 2018. Our work has been undertaken solely to prepare for your approval the financial statements of M.V. Technical Solutions Limited and state those matters that we have agreed to state to the Board of Directors of M.V. Technical Solutions 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 M.V. Technical Solutions Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M.V. Technical Solutions 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 M.V. Technical Solutions Limited. You consider that M.V. Technical Solutions 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 M.V. Technical Solutions 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.

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

6 October 2025

Fixed assets

Tangible assets

5

21,197

28,731

Current assets

Debtors

6

26,069

54,416

Cash at bank

110,945

62,518

137,014

116,934

Creditors

Amounts falling due within one year

7

65,909

50,709

Net current assets

71,105

66,225

Total assets less current liabilities

92,302

94,956

Creditors

Amounts falling due after more than one year

8

-

(5,010

)

Provisions for liabilities

(4,269

)

(6,087

)

Net assets

88,033

83,859

Capital and reserves

Called up share capital

36

36

Capital redemption reserve

32

32

Retained earnings

87,965

83,791

88,033

83,859

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 6 October 2025 and were signed on its behalf by:

I Masters - Director

1.	Statutory information

M.V. Technical Solutions 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.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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

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.

4.	Employees and directors

The average number of employees during the year was 3 (2024 - 3 ) .

5.	Tangible fixed assets

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

17,711

61,801

2,924

82,436

Disposals

(1,532

)

-

(1,211

)

(2,743

)

At 31 March 2025

16,179

61,801

1,713

79,693

Depreciation

At 1 April 2024

14,173

37,222

2,310

53,705

Charge for year

446

6,144

79

6,669

Eliminated on disposal

(964

)

-

(914

)

(1,878

)

At 31 March 2025

13,655

43,366

1,475

58,496

Net book value

At 31 March 2025

2,524

18,435

238

21,197

At 31 March 2024

3,538

24,579

614

28,731

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

25,461

27,719

Other debtors

-

10,115

Directors' loan accounts

9

16,002

Prepayments

599

580

26,069

54,416

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Hire purchase contracts (see note 9)

-

7,500

Trade creditors

-

330

Tax

38,162

29,616

Social security and other taxes

6,967

1,914

VAT

16,932

7,501

Other creditors

272

272

Accrued expenses

3,576

3,576

65,909

50,709

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Hire purchase contracts (see note 9)

-

5,010

9.	Leasing agreements

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

-

7,500

Between one and five years

-

5,010

-

12,510

Non-cancellable

operating leases

2025

2024

£

£

Within one year

5,472

5,472

Between one and five years

10,032

15,504

15,504

20,976

10.	Directors' advances, credits and guarantees

During the year the company made an unsecured, interest free loan to one of the directors. Amounts loaned to the director in the year were £4,319.05 (2024: £21,518). Amounts repaid by the director in the year were £20,312 (2024: £20,312). The amount outstanding at the balance sheet date was £9 (2024: £16,002).