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Company Registration No. 14214423 (England and Wales)
MEP LAB ENGINEERING LTD Unaudited accounts for the year ended 31 July 2025
MEP LAB ENGINEERING LTD Unaudited accounts Contents
Page
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MEP LAB ENGINEERING LTD Company Information for the year ended 31 July 2025
Directors
Aleksandar GEORGIEV Svetlin STOYANOV Venizelou VENIZELOS
Company Number
14214423 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ United Kingdom
Accountants
Delmar Accounting Limited 20-22 Wenlock Road London N1 7GU
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MEP LAB ENGINEERING LTD Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
61,814 
71,690 
Current assets
Debtors
564,967 
205,351 
Cash at bank and in hand
773,375 
319,325 
1,338,342 
524,676 
Creditors: amounts falling due within one year
(468,705)
(251,774)
Net current assets
869,637 
272,902 
Total assets less current liabilities
931,451 
344,592 
Creditors: amounts falling due after more than one year
- 
(12,157)
Net assets
931,451 
332,435 
Capital and reserves
Called up share capital
42,000 
42,000 
Profit and loss account
889,451 
290,435 
Shareholders' funds
931,451 
332,435 
For the year ending 31 July 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 April 2026 and were signed on its behalf by
Aleksandar GEORGIEV Director Company Registration No. 14214423
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MEP LAB ENGINEERING LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
MEP LAB ENGINEERING LTD is a private company, limited by shares, registered in England and Wales, registration number 14214423. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18%
Fixtures & fittings
18%
Computer equipment
33%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2024
1,665 
89,598 
6,086 
97,349 
Additions
4,084 
- 
1,998 
6,082 
At 31 July 2025
5,749 
89,598 
8,084 
103,431 
Depreciation
At 1 August 2024
917 
21,488 
3,254 
25,659 
Charge for the year
1,594 
12,260 
2,104 
15,958 
At 31 July 2025
2,511 
33,748 
5,358 
41,617 
Net book value
At 31 July 2025
3,238 
55,850 
2,726 
61,814 
At 31 July 2024
748 
68,110 
2,832 
71,690 
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MEP LAB ENGINEERING LTD Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
564,967 
203,351 
Accrued income and prepayments
- 
2,000 
564,967 
205,351 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
98,419 
87,526 
Trade creditors
109,411 
70,097 
Taxes and social security
239,121 
79,144 
Loans from directors
15,867 
12,997 
Accruals
5,887 
2,010 
468,705 
251,774 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
12,157 
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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