IRIS Accounts Production v25.4.0.155 07156935 Board of Directors 1.3.24 28.2.25 28.2.25 false true false false true false Ordinary 1.00000 15613 43553 59166 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07156935 2024-02-29 07156935 2025-02-28 07156935 2024-03-01 2025-02-28 07156935 2023-02-28 07156935 2023-03-01 2024-02-29 07156935 2024-02-29 07156935 ns15:EnglandWales 2024-03-01 2025-02-28 07156935 ns14:PoundSterling 2024-03-01 2025-02-28 07156935 ns10:Director1 2024-03-01 2025-02-28 07156935 ns10:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07156935 ns10:SmallEntities 2024-03-01 2025-02-28 07156935 ns10:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 07156935 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-01 2025-02-28 07156935 ns10:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 07156935 ns10:FullAccounts 2024-03-01 2025-02-28 07156935 ns10:OrdinaryShareClass1 2024-03-01 2025-02-28 07156935 ns10:Director1 41 2023-02-28 07156935 ns10:Director1 41 2023-03-01 2024-02-29 07156935 ns10:Director2 2024-03-01 2025-02-28 07156935 ns10:RegisteredOffice 2024-03-01 2025-02-28 07156935 ns5:CurrentFinancialInstruments 2025-02-28 07156935 ns5:CurrentFinancialInstruments 2024-02-29 07156935 ns5:Non-currentFinancialInstruments 2025-02-28 07156935 ns5:Non-currentFinancialInstruments 2024-02-29 07156935 ns5:ShareCapital 2025-02-28 07156935 ns5:ShareCapital 2024-02-29 07156935 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 07156935 ns5:RetainedEarningsAccumulatedLosses 2024-02-29 07156935 ns5:LeaseholdImprovements 2024-03-01 2025-02-28 07156935 ns5:PlantMachinery 2024-03-01 2025-02-28 07156935 ns5:MotorVehicles 2024-03-01 2025-02-28 07156935 ns5:ComputerEquipment 2024-03-01 2025-02-28 07156935 ns5:LeaseholdImprovements 2024-02-29 07156935 ns5:PlantMachinery 2024-02-29 07156935 ns5:MotorVehicles 2024-02-29 07156935 ns5:ComputerEquipment 2024-02-29 07156935 ns5:LeaseholdImprovements 2025-02-28 07156935 ns5:PlantMachinery 2025-02-28 07156935 ns5:MotorVehicles 2025-02-28 07156935 ns5:ComputerEquipment 2025-02-28 07156935 ns5:LeaseholdImprovements 2024-02-29 07156935 ns5:PlantMachinery 2024-02-29 07156935 ns5:MotorVehicles 2024-02-29 07156935 ns5:ComputerEquipment 2024-02-29 07156935 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 07156935 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-02-29 07156935 ns10:OrdinaryShareClass1 2025-02-28 07156935 2 ns10:Director2 2024-02-29 07156935 2 ns10:Director2 2023-02-28 07156935 2 ns10:Director2 2024-03-01 2025-02-28 07156935 2 ns10:Director2 2023-03-01 2024-02-29 07156935 2 ns10:Director2 2025-02-28 07156935 2 ns10:Director2 2024-02-29

REGISTERED NUMBER: 07156935 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 28 February 2025 |

| for |

| South Tees MX Limited |

| South Tees MX Limited (Registered number: 07156935) |

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| South Tees MX Limited |

Company Information

for the Year Ended 28 February 2025

| DIRECTORS: | J O Barr

| S J Barr

| REGISTERED OFFICE: | Falklands Wyn

| Holme Lane

| Seamer

| Middlesbrough

| TS9 5LL

| REGISTERED NUMBER: | 07156935 (England and Wales)

| ACCOUNTANTS: | Anderson Barrowcliff Limited

| Chartered Accountants

| 3 Kingfisher Court

| Bowesfield Park

| Stockton on Tees

| TS18 3EX

| South Tees MX Limited (Registered number: 07156935) |

Balance Sheet

28 February 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 233,410 |  | 225,089 |  |

CURRENT ASSETS

Debtors | 5 | 1,503 |  | 470 |  |

CREDITORS

Amounts falling due within one year | 6 | 73,669 |  | 92,627 |  |

NET CURRENT LIABILITIES | (72,166 | ) | (92,157 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 161,244 |  | 132,932 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (21,905 | ) | (12,277 | ) |

PROVISIONS FOR LIABILITIES | (55,900 | ) | (37,800 | ) |

NET ASSETS | 83,439 |  | 82,855 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 2 |  | 2 |  |

Retained earnings | 83,437 |  | 82,853 |  |

SHAREHOLDERS' FUNDS | 83,439 |  | 82,855 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 20 November 2025 and were signed on its behalf by:

S J Barr - Director

| South Tees MX Limited (Registered number: 07156935) |

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| South Tees MX 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 company's principal place of business is at Dormor Way, South Bank, Middlesbrough, TS6 6XH.

| 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. | ACCOUNTING POLICIES

| Basis of preparing the 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.

| Although the company had net current liabilities of £72,166 as at 28 February 2025, these financial statements have been prepared on a going concern basis. The directors are of the opinion that future trading results will be sufficient to enable the company to continue in operation for the foreseeable future. The directors will provide additional financial support to the company if required.

| These financial statements do not include any adjustments that would result should the company not continue to trade.

| 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.

| Improvements to leasehold property | - | 10% on cost

| Plant and machinery | - | 20% on cost

| Motor vehicles | - | 25% on cost

| Office equipment | - | 33% on cost

| Certain assets within plant and machinery are being depreciated to their estimated residual value.

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

| 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.

| South Tees MX Limited (Registered number: 07156935) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| Debtors and creditors receivable/payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 7 (2024 - 6 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |

| to |

| leasehold |  | Plant and |  | Motor |  | Office |

| property |  | machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 March 2024 | 95,845 |  | 259,236 |  | 87,190 |  | 1,420 |  | 443,691 |  |

| Additions | - |  | - |  | 39,967 |  | 737 |  | 40,704 |  |

| Disposals | - |  | - |  | (27,348 | ) | (714 | ) | (28,062 | ) |

| At 28 February 2025 | 95,845 |  | 259,236 |  | 99,809 |  | 1,443 |  | 456,333 |  |

| DEPRECIATION

| At 1 March 2024 | 56,354 |  | 103,547 |  | 57,448 |  | 1,253 |  | 218,602 |  |

| Charge for year | 9,585 |  | 10,115 |  | 12,396 |  | 259 |  | 32,355 |  |

| Eliminated on disposal | - |  | - |  | (27,347 | ) | (687 | ) | (28,034 | ) |

| At 28 February 2025 | 65,939 |  | 113,662 |  | 42,497 |  | 825 |  | 222,923 |  |

| NET BOOK VALUE

| At 28 February 2025 | 29,906 |  | 145,574 |  | 57,312 |  | 618 |  | 233,410 |  |

| At 29 February 2024 | 39,491 |  | 155,689 |  | 29,742 |  | 167 |  | 225,089 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 1,503 |  | 470 |  |

| South Tees MX Limited (Registered number: 07156935) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 18,672 |  | 50,438 |  |

| Hire purchase contracts | 10,889 |  | 4,319 |  |

| Taxation and social security | 6,462 |  | - |  |

| Other creditors | 37,646 |  | 37,870 |  |

73,669 |  | 92,627 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 1,691 |  | 8,318 |  |

| Hire purchase contracts | 20,214 |  | 3,959 |  |

21,905 |  | 12,277 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 31,103 |  | 8,278 |  |

| The hire purchase liabilities are secured on the assets to which they relate.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 2 | Ordinary | £1 | 2 |  | 2 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 | 2024 |

£ | £ |

| J O Barr and S J Barr

| Balance outstanding at start of year | - |  | 15,613 |  |

| Amounts advanced | - |  | 43,553 |  |

| Amounts repaid | - |  | (59,166 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

| The amounts advanced to the directors in the prior year had no fixed terms of repayment. Interest was charged at 2% on the overdrawn balance.