MPC Energy Limited - Filleted accounts

Registered number

SC533343

MPC Energy Limited

Filleted Accounts

31 March 2025

MPC Energy Limited
Registered number:		SC533343
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		145,180			107,476

Current assets
Stocks		5,500			5,500
Debtors	4	610,939			261,232
Cash at bank and in hand		62,546			223,449
		678,985			490,181

Creditors: amounts falling due within one year	5	(611,131)			(380,573)

Net current assets			67,854			109,608

Total assets less current liabilities			213,034			217,084

Creditors: amounts falling due after more than one year	6		(134,727)			(109,681)



Net assets			78,307			107,403

Capital and reserves
Called up share capital			5			5
Profit and loss account			78,302			107,398

Shareholders' funds			78,307			107,403

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr M Conroy
Director
Approved by the board on 30 December 2025

MPC Energy Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years
	Fixtures, fittings, tools and equipment	over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			37		24


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	12,716		156,788		169,504
	Additions	494		99,095		99,589
	At 31 March 2025	13,210		255,883		269,093

	Depreciation
	At 1 April 2024	4,691		57,337		62,028
	Charge for the year	2,976		58,909		61,885
	At 31 March 2025	7,667		116,246		123,913

	Net book value
	At 31 March 2025	5,543		139,637		145,180
	At 31 March 2024	8,025		99,451		107,476


4	Debtors			2025		2024
£					£

	Trade debtors			599,719		250,012
	Other debtors			11,220		11,220
				610,939		261,232


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			10,000		10,000
	Obligations under finance lease and hire purchase contracts			42,259		25,280
	Trade creditors			348,021		168,944
	Taxation and social security costs			205,978		172,990
	Other creditors			4,873		3,359
				611,131		380,573


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			1,667		11,667
	Obligations under finance lease and hire purchase contracts			133,060		98,014
				134,727		109,681


7	Other information

	MPC Energy Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Suite 2/14 Titan Business Centre
	Aurora Avenue
	Clydebank
	G81 1BF