| Midrange Technical Services Limited |
| Registered Number:03197860 |
For the year ended 31 May 2025
England and Wales
Unaudited Financial Statements
Midrange Technical Services Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
23,917
983
2
3
1,830,000
2,520,000
1,853,917
2,520,983
| Trade and other receivables |
81,643
116,008
4
10,471
| Cash and cash equivalents |
77,959
193,967
92,114
| Trade and other payables: amounts falling due within one |
| year |
(33,887)
(17,680)
5
58,227
176,287
Net current assets
| Total assets less current liabilities |
2,030,204
2,579,210
| Trade and other payables: amounts falling due after more |
| than one year |
(1,392,475)
(951,136)
6
(105,517)
(147,845)
| Provisions for liabilities |
973,551
Net assets
1,038,890
2
2
492,009
807,334
481,540
231,554
973,551
1,038,890
Shareholders' funds
| For the year ended 31 May 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 May 2025
Midrange Technical Services Limited
Statement of Financial Position Continued
| Raymond Anthony Sabell Director |
| These financial statements were approved and authorised for issue by the Board on 15 January 2026 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 May 2025
Midrange Technical Services Limited
Notes to the Financial Statements
Statutory Information
| Midrange Technical Services Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 03197860. |
12 Denise Drive
Harborne
Birmingham
B17 0BN
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Investment property
| Investment properties are included in the balance sheet at their open market fair value as at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a fair value reserve and deferred taxation is provided on any surplus. |
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 including any surplus on revaluation of freehold investment properties. |
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For the year ended 31 May 2025
Midrange Technical Services Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
28,313
28,313
-
25,646
-
25,646
25,646
28,313
53,959
| Provision for depreciation and impairment |
27,330
27,330
-
Charge for year
2,712
147
2,565
30,042
27,477
2,565
23,081
836
23,917
-
983
983
2,520,000
(650,000)
(40,000)
1,830,000
1,830,000
2,520,000
| The director has considered the fair value of the investment properties and his valuation has been refelcted at the balance sheet date . |
| 4. Trade and other receivables |
2024
2025
| Prepayments and accrued income |
3,071
2,736
112,937
78,907
81,643
116,008
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For the year ended 31 May 2025
Midrange Technical Services Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
9,600
9,770
1,138
13,630
| Accruals and deferred income |
5,613
10,301
1,329
186
17,680
33,887
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
14,875
19,600
| Bank loans and overdraft (secured) |
936,261
1,372,875
951,136
1,392,475
| 7. Related party transactions |
| The ultimate controlling party during the year was Raymond Sabell , director , whom controls the company by virtue |
| of owning 100% of the share capital. |
| 8. Average number of persons employed |
During the year the average number of employees was 0
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