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REGISTERED NUMBER: 05056114 (England and Wales)





















M & R REFRIGERATION LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






M & R REFRIGERATION LIMITED (REGISTERED NUMBER: 05056114)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


M & R REFRIGERATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: R D Dunne
M S Purcell





REGISTERED OFFICE: 22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ





REGISTERED NUMBER: 05056114 (England and Wales)





ACCOUNTANTS: Phipps Henson McAllister
Chartered Accountants
22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ

M & R REFRIGERATION LIMITED (REGISTERED NUMBER: 05056114)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,476 12,204

CURRENT ASSETS
Stocks 22,233 4,412
Debtors 5 52,350 79,908
Cash at bank and in hand 43,392 483
117,975 84,803
CREDITORS
Amounts falling due within one year 6 95,945 59,736
NET CURRENT ASSETS 22,030 25,067
TOTAL ASSETS LESS CURRENT LIABILITIES 28,506 37,271

CREDITORS
Amounts falling due after more than one
year

7

22,978

37,138
NET ASSETS 5,528 133

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 5,526 131
SHAREHOLDERS' FUNDS 5,528 133

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.

M & R REFRIGERATION LIMITED (REGISTERED NUMBER: 05056114)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2025 and were signed on its behalf by:




M S Purcell - Director



R D Dunne - Director


M & R REFRIGERATION LIMITED (REGISTERED NUMBER: 05056114)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

M & R Refrigeration 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 presentation currency of the financial statements is the Pound Sterling (£).


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.

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.
Website - 25% on reducing balance
Motor vehicles - 20% on cost
Tools and equipment - 25% on reducing balance

Stocks
Stocks are valued 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 straight line basis over the period of the lease.

Debtors and creditors
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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

M & R REFRIGERATION LIMITED (REGISTERED NUMBER: 05056114)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Motor Tools and
Website vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 840 51,608 6,954 59,402
DEPRECIATION
At 1 April 2024 728 39,826 6,644 47,198
Charge for year 28 5,622 78 5,728
At 31 March 2025 756 45,448 6,722 52,926
NET BOOK VALUE
At 31 March 2025 84 6,160 232 6,476
At 31 March 2024 112 11,782 310 12,204

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 29,599 42,594
Other debtors 2,076 -
Directors' current accounts - 20,879
Taxation recoverable 15,981 15,981
Prepayments 4,694 454
52,350 79,908

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 5,222 13,992
Finance leases 10,157 3,297
Trade creditors 42,263 24,076
Corporation tax 15,599 9,490
VAT 2,880 2,903
Other creditors 2,136 -
Directors' current accounts 10,757 -
Accruals and deferred income 6,931 5,978
95,945 59,736

M & R REFRIGERATION LIMITED (REGISTERED NUMBER: 05056114)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 2-5 years 22,978 26,981
Finance leases - 10,157
22,978 37,138

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank overdraft - 8,770
Finance leases 10,157 13,454
10,157 22,224

The bank overdraft is secured by a personal guarantee from the directors R Dunne and M Purcell.

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 31 March 2025 and 31 March 2024:

2025 2024
£    £   
R D Dunne
Balance outstanding at start of year 15,422 24,720
Amounts repaid (15,422 ) (9,298 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 15,422

M S Purcell
Balance outstanding at start of year 5,458 15,276
Amounts repaid (5,458 ) (9,818 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,458