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09045246falsesale of used vehicle parts, all of which is carried out within the United Kingdom2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 09045246






M & K AUTO SOLUTIONS LTD


ACCOUNTS

FOR THE YEAR ENDED 31/03/2025
























Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT


ACCOUNTS
FOR THE YEAR ENDED 31/03/2025





DIRECTORS
Kevin Arthur Arnott
Mark David Simcox


REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09045246



BANKERS
LLOYDS BANK plc



ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT


ACCOUNTS
FOR THEYEARENDED31/03/2025



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Tangible assets	2		29,948		30,213

CURRENT ASSETS
Stock		40,100		99,900
Debtors	4	1,923		988
Cash at bank and in hand		15,699		15,662
		57,722		116,550
CREDITORS: Amounts falling due within one year	5	103,014		112,364
NET CURRENT (LIABILITIES) / ASSETS			(45,292)		4,186
TOTAL ASSETS LESS CURRENT LIABILITIES			(15,344)		34,399


CREDITORS: Amounts falling due after more than one year	6		31,545		38,838


PROVISIONS FOR LIABILITIES AND CHARGES	8		-		1,244

NET LIABILITIES			(46,889)		(5,683)

CAPITAL AND RESERVES

Called up share capital	9		20		20
Profit and loss account			(46,909)		(5,703)
SHAREHOLDERS' FUNDS			(46,889)		(5,683)

For the year ending 31/03/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 24/12/2025 and signed on their behalf by



.............................
Kevin Arthur Arnott
Director




1c. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Plant And Machinery		straight line10%
Commercial Vehicles		straight line10%
Fixtures And Fittings		straight line10%
Equipment		straight line10%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Going Concern
These financial statements have been prepared on the going concern basis. The company is in a net liabiilty position of £ 46,889 as at 31 March 2025. However the directors have given assurances to the company that they will not draw on their loan accounts and would make adequate funds available to the company. On this basis the company is considered to be a going concern and the directors are of the opinion that the company will be able to pay its debts as they fall due for at least twelve months from the date that the balance sheet was signed.




1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1e. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.




2. TANGIBLE FIXED ASSETS

	Plant and	Commercial	Fixtures
	Machinery	Vehicles	and Fittings	Equipment	Total
	£	£	£	£	£
Cost
At 01/04/2024	21,028	42,268	696	1,741	65,733
Additions	5,014	1,506	-	-	6,520
Disposals	(4,400)	-	-	-	(4,400)
At 31/03/2025	21,642	43,774	696	1,741	67,853
Depreciation
At 01/04/2024	5,620	28,800	450	650	35,520
Disposals	(4,400)	-	-	-	(4,400)
For the year	2,164	4,377	70	174	6,785
At 31/03/2025	3,384	33,177	520	824	37,905
Net Book Amounts
At 31/03/2025	18,258	10,597	176	917	29,948
At 31/03/2024	15,408	13,468	246	1,091	30,213




3. STOCK	2025	2024
	£	£
Stock comprises:

Stock	40,100	99,900
	40,100	99,900




4. DEBTORS	2025	2024
	£	£
Amounts falling due within one year
Prepayments	1,923	988
	1,923	988




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
UK corporation tax	6,895	6,897
VAT	11,772	4,066
PAYE control	4,669	7,909
Directors current account	10,663	34,047
Directors current account	1,584	1,489
Bank Loan	2,500	2,500
Loans	16,822	16,822
Loans	6,621	6,621
Trade creditors	24,108	15,633
Other creditors	6,600	6,600
Accruals	10,780	9,780
	103,014	112,364




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Lloyds Bank plc - Bounce back loan >1yr	28,520	33,413
Funding Circle - Loan >1yr	3,025	5,425
	31,545	38,838




7. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	6	6
Key management personnel is r3estricted to that of the two directors.




9. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
20 Ordinary shares of £1 each	20	20
	20	20




10. OTHER FINANCIAL COMMITMENTS
At 31/03/2025 the company was committed to making the following payments under non-cancellable operating leases:

	2025	2024
	£	£
Operating Leases which expire:
Within one year	1,636	1,959
Within two to five years	135,200	68,000




13. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITIES
The company is principally involved in the purchase and sale of salvaged motor vehicles and parts. All of its activities are carried out within the United Kingdom.




14. GENERAL INFORMATION
M & K Auto Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.




8. PROVISIONS FOR LIABILITIES	2025	2024
	£	£
Deferred taxation	-	1,244
	-	1,244




11. CONTROLLING PARTY
The company is owned jointly in equal shares by the two directors Mr K A Arnott and Mr M D Simcox.