REGISTERED NUMBER: NI606116 (Northern Ireland)

CMK MECHANICAL SERVICES LTD

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Sean Hurson

Leon McKee

Charles McKee

REGISTERED OFFICE:

8 Drumhubbert Road

Upperback

Coalisland

Co. Tyrone

BT71 5EB

REGISTERED NUMBER:

NI606116 (Northern Ireland)

ACCOUNTANTS:

Cooper Parry Advisory Limited

36-38 Northland Row

Dungannon

Co. Tyrone

BT71 6AP

NON-CURRENT ASSETS

Intangible assets

5

-

-

Property, plant and equipment

6

43,119

54,504

43,119

54,504

CURRENT ASSETS

Inventories

39,942

70,779

Receivables

7

93,060

137,589

Cash at bank and in hand

555,695

344,012

688,697

552,380

PAYABLES

Amounts falling due within one year

8

(725,731

)

(551,203

)

NET CURRENT (LIABILITIES)/ASSETS

(37,034

)

1,177

TOTAL ASSETS LESS CURRENT LIABILITIES

6,085

55,681

PROVISIONS FOR LIABILITIES

(7,837

)

(47,082

)

NET (LIABILITIES)/ASSETS

(1,752

)

8,599

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(1,755

)

8,596

(1,752

)

8,599

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 7 October 2025 and were signed on its behalf by:

Sean Hurson - Director

Leon McKee - Director

Charles McKee - Director

1.	STATUTORY INFORMATION

CMK Mechanical Services Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

The financial statements of the company for the year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 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 except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Property, plant and equipment

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% straight line

Motor vehicles

-

25% straight line

Computer equipment

-

25% straight line

Inventories

Inventories are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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 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.

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.

Cash flow statement

The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

250,000

AMORTISATION

At 1 April 2024

and 31 March 2025

250,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

85,460

150,096

10,067

245,623

Additions

350

-

2,870

3,220

At 31 March 2025

85,810

150,096

12,937

248,843

DEPRECIATION

At 1 April 2024

48,580

132,873

9,666

191,119

Charge for year

7,190

7,129

286

14,605

At 31 March 2025

55,770

140,002

9,952

205,724

NET BOOK VALUE

At 31 March 2025

30,040

10,094

2,985

43,119

At 31 March 2024

36,880

17,223

401

54,504

7.	RECEIVABLES

2025

2024

£

£

Trade receivables

44,110

74,882

Other receivables

48,950

62,707

93,060

137,589

8.

PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

-

234

Trade payables

629,766

476,353

Taxation and social security

12,668

39,477

Other payables

83,297

35,139

725,731

551,203

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

234

The bank loan has been secured by way of fixed and floating charge over the assets of the company.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end a balance of £19,417 (2024 - £13,513) was due to the directors in respect of monies advanced to the company.