REGISTERED NUMBER: 03729737 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Mectek Mechanical Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M D Wright

Mrs J A Wright

SECRETARY:

Mrs J A Wright

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

REGISTERED NUMBER:

03729737 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

358,431

460,553

CURRENT ASSETS

Stocks

6,581

6,516

Debtors

5

790,813

824,474

Cash at bank

21,376

12,065

818,770

843,055

CREDITORS

Amounts falling due within one year

6

652,652

778,715

NET CURRENT ASSETS

166,118

64,340

TOTAL ASSETS LESS CURRENT LIABILITIES

524,549

524,893

CREDITORS

Amounts falling due after more than one year

7

(96,562

)

(117,223

)

PROVISIONS FOR LIABILITIES

9

(16,955

)

(9,497

)

NET ASSETS

411,032

398,173

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

410,032

397,173

SHAREHOLDERS' FUNDS

411,032

398,173

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

M D Wright - Director

1.	STATUTORY INFORMATION

Mectek Mechanical Services 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.

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 represents the net invoiced value of goods and services, excluding valued added tax.

Turnover is recognised in the period in which the goods and services were provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

Straight line over 3 years

Plant and machinery

-

15% on cost

Motor vehicles

-

20% on cost

Office equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is determined using a first in first out basis.

Deferred tax

Deferred tax is recognised in respect of all material timing differences.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Invoice discounting

The debts discounted are included within trade debtors with a financing limit relating to proceeds received from the invoice discounter included within creditors.

The interest element and other discount charges are recognised within the profit and loss account as they accrue.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Office

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

84,099

649,486

930,518

48,509

1,712,612

Additions

-

-

30,959

-

30,959

At 31 March 2025

84,099

649,486

961,477

48,509

1,743,571

DEPRECIATION

At 1 April 2024

68,246

387,656

753,302

42,855

1,252,059

Charge for year

2,952

73,598

53,502

3,029

133,081

At 31 March 2025

71,198

461,254

806,804

45,884

1,385,140

NET BOOK VALUE

At 31 March 2025

12,901

188,232

154,673

2,625

358,431

At 31 March 2024

15,853

261,830

177,216

5,654

460,553

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

629,560

677,524

Directors' current accounts

111,004

100,312

Tax

13,871

13,871

754,435

791,707

Amounts falling due after more than one year:

Tax

36,378

32,767

Aggregate amounts

790,813

824,474

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Advances under factoring

arrangement

173,558

278,510

Hire purchase contracts

41,308

39,306

Trade creditors

84,298

119,093

Amounts owed to related parties

230,376

228,342

Tax

3,610

-

Social security and other taxes

94,078

94,090

Other creditors

7,725

1,872

Accrued expenses

7,699

7,502

652,652

778,715

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

2,500

10,000

Bank loans - 2-5 years

-

2,500

Hire purchase contracts

94,062

104,723

96,562

117,223

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

135,370

144,029

Amounts due under factoring arrangements are secured against the assets of the company.

Hire purchase liabilities are secured against the assets to which they relate to.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

56,750

59,032

Tax losses carried forward

(39,795

)

(49,535

)

16,955

9,497

Deferred

tax

£

Balance at 1 April 2024

9,497

Provided during year

7,458

Balance at 31 March 2025

16,955

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors maintain a loan account with the company. At the balance sheet date, the amount owing from the directors is shown in the debtors note. The amount is repayable upon demand.