| MDO Pipefitting Solutions Limited |
| Registered Number:12000918 |
For the year ended 31 May 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2025
MDO Pipefitting Solutions Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
MDO Pipefitting Solutions Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
200,317
139,426
2
200,317
139,426
55,750
75,000
3
| Trade and other receivables |
122,457
127,519
4
14,258
| Cash and cash equivalents |
61,765
264,284
192,465
| Trade and other payables: amounts falling due within one year |
(84,906)
(183,838)
5
107,559
80,446
Net current assets
| Total assets less current liabilities |
280,763
246,985
280,763
Net assets
246,985
100
100
280,663
246,885
280,763
246,985
Shareholders' funds
| For the year ended 31 May 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 of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Matthew Dean Ormerod Director |
| These financial statements were approved and authorised for issue by the Board on 24 October 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 May 2025
MDO Pipefitting Solutions Limited
Notes to the Financial Statements
Statutory Information
| MDO Pipefitting Solutions Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 12000918. |
21 Peony Crescent
Sittingbourne
United Kingdom
ME10 4RB
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Government grants
| Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 May 2025
MDO Pipefitting Solutions Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor Vehicles
207,344
3,080
152,309
51,955
127,671
1,915
87,683
38,073
90,028
239,992
4,995
335,015
| Provision for depreciation and impairment |
67,918
1,197
43,961
22,760
Charge for year
66,780
949
49,009
16,822
134,698
2,146
92,970
39,582
50,446
147,022
2,849
200,317
29,195
108,348
1,883
139,426
2024
2025
75,000
55,750
| 4. Trade and other receivables |
2024
2025
103,194
91,632
24,325
30,825
122,457
127,519
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
-
3,485
113,444
4,521
| Taxation and social security |
56,013
74,874
14,381
2,026
183,838
84,906
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For the year ended 31 May 2025
MDO Pipefitting Solutions Limited
Notes to the Financial Statements Continued
| 6. Average number of persons employed |
During the year the average number of employees was 4 (2024 : 4)
4 of 4