M H Reynolds Combustion & Control Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 13272356

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		35,723		44,039

			35,723		44,039
CURRENT ASSETS
Stocks	5	5,000		5,000
Debtors	6	478,680		379,103
Cash at bank and in hand		118,701		220,819

		602,381		604,922
Creditors: Amounts Falling Due Within One Year	7	(323,184 )		(427,258 )

NET CURRENT ASSETS (LIABILITIES)			279,197		177,664

TOTAL ASSETS LESS CURRENT LIABILITIES			314,920		221,703

Creditors: Amounts Falling Due After More Than One Year	8		-		(4,691 )

NET ASSETS			314,920		217,012

CAPITAL AND RESERVES
Called up share capital	10		106		103
Profit and Loss Account			314,814		216,909

SHAREHOLDERS' FUNDS			314,920		217,012

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M H Reynolds Combustion & Control Ltd

Balance Sheet (continued)

As At 31 March 2025

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs S H Reynolds

Director

12 November 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

M H Reynolds Combustion & Control Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13272356 . The registered office is Unit 20 Jupiter Business Park, Hixon, Stafford, Staffordshire, ST18 0PA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from the design and manufacture, and installation and commissioning of gas burners and associated control equipment is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to chargeable hours undertaken.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Plant & Machinery	15% on reducing balance
Motor Vehicles	Straight line over 3 years
Computer Equipment	Straight line over 3 years

2.4. Leasing and Hire Purchase Contracts

Assets acquired under hire purchase contracts are capitalised and depreciated over the shorted of the lease term and the expected useful life of the asset. The related obligations, net of future finance charges, are included in creditors.

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2.5. Stocks and Work in Progress

Stocks are stated 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 stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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M H Reynolds Combustion & Control Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

2.7. Employee Benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

2.8. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 16 (2024: 15)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2024	120,290
Additions	30,998

As at 31 March 2025	151,288

Depreciation
As at 1 April 2024	76,251
Provided during the period	39,314

As at 31 March 2025	115,565

Net Book Value
As at 31 March 2025	35,723

As at 1 April 2024	44,039

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M H Reynolds Combustion & Control Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	2,830	21,715

5. Stocks

	2025	2024
	£	£
Stock	5,000	5,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	371,502	286,629
Prepayments and accrued income	33,637	39,635
Other debtors	27,564	7,711
Deferred tax current asset	45,977	40,389
Director's loan account	-	4,739

	478,680	379,103

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	4,691	19,155
Trade creditors	98,572	81,518
Corporation tax	48,184	64,074
Other taxes and social security	19,700	19,012
VAT	117,649	111,541
Other creditors	-	67,989
Accruals and deferred income	34,288	63,969
Director's loan account	100	-

	323,184	427,258

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	4,691

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M H Reynolds Combustion & Control Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,691	19,155
Later than one year and not later than five years	-	4,691

	4,691	23,846

	4,691	23,846

10. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100
2 Ordinary B shares of £ 1.00 each	2	1
2 Ordinary C shares of £ 1.00 each	2	1
2 Ordinary D shares of £ 1.00 each	2	1

	106	103

11. Other Commitments

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £11,800 (2024: £23,600).

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mrs Stephanie Reynolds	4,739	61,460	(66,199 )	-	-

Interest of 2.25% (2024 : 0%) has been charged on the director's loan, the loan is repayable on demand.

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