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Company Registration No. 03112316 (England and Wales)
Vear M & E Services Limited Unaudited accounts for the year ended 31 March 2025
Vear M & E Services Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Vear M & E Services Limited Company Information for the year ended 31 March 2025
Directors
Mr James Rodney Child Mr Russell David Cameron
Company Number
03112316 (England and Wales)
Registered Office
Unit 4 Old Farm Court Nursling Street, Rownhams Southampton Hampshire SO16 0AJ England
Accountants
Power Accountax Limited Mailbox 3, Solent Business Centre 343 Millbrook Road West Southampton SO15 0HW
- 3 -
Vear M & E Services Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
28,810 
39,165 
Current assets
Inventories
318,810 
318,544 
Debtors
5
777,531 
654,187 
Cash at bank and in hand
162,974 
846,437 
1,259,315 
1,819,168 
Creditors: amounts falling due within one year
6
(591,569)
(995,827)
Net current assets
667,746 
823,341 
Total assets less current liabilities
696,556 
862,506 
Creditors: amounts falling due after more than one year
7
(283,462)
(425,776)
Net assets
413,094 
436,730 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
412,994 
436,630 
Shareholders' funds
413,094 
436,730 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by
Mr James Rodney Child Director Company Registration No. 03112316
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Vear M & E Services Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Vear M & E Services Limited is a private company, limited by shares, registered in England and Wales, registration number 03112316. The registered office is Unit 4 Old Farm Court, Nursling Street, Rownhams, Southampton, Hampshire, SO16 0AJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance method
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
58,809 
19,263 
78,072 
At 31 March 2025
58,809 
19,263 
78,072 
Depreciation
At 1 April 2024
33,999 
4,908 
38,907 
Charge for the year
6,203 
4,152 
10,355 
At 31 March 2025
40,202 
9,060 
49,262 
Net book value
At 31 March 2025
18,607 
10,203 
28,810 
At 31 March 2024
24,810 
14,355 
39,165 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
688,944 
555,355 
Other debtors
88,587 
98,832 
777,531 
654,187 
- 5 -
Vear M & E Services Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
30,163 
Trade creditors
526,404 
1,036,895 
Taxes and social security
57,552 
(81,562)
Other creditors
7,613 
10,331 
591,569 
995,827 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
53,740 
68,740 
Loans from directors
229,722 
357,036 
283,462 
425,776 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr James Rodney Child
Amount due to Director
357,036 
(127,314)
- 
229,722 
357,036 
(127,314)
- 
229,722 
9
Average number of employees
During the year the average number of employees was 19 (2024: 19).
- 6 -