REGISTERED NUMBER: 08614777 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

MRL Group (South) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

O Hall

Mrs M Brewer-Hall

REGISTERED OFFICE:

64 South Road

Horndean

Waterlooville

Hampshire

PO8 0EP

REGISTERED NUMBER:

08614777 (England and Wales)

ACCOUNTANTS:

AM-PM Accounting Solutions Limited

Building 6000

Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

FIXED ASSETS

Tangible assets

4

118,571

78,895

CURRENT ASSETS

Stocks

500

500

Debtors

5

9,191

60,074

Cash at bank

48,917

119,529

58,608

180,103

CREDITORS

Amounts falling due within one year

6

41,861

93,675

NET CURRENT ASSETS

16,747

86,428

TOTAL ASSETS LESS CURRENT LIABILITIES

135,318

165,323

CREDITORS

Amounts falling due after more than one year

7

(59,677

)

(62,024

)

PROVISIONS FOR LIABILITIES

(17,225

)

(29,458

)

NET ASSETS

58,416

73,841

CAPITAL AND RESERVES

Called up share capital

103

103

Retained earnings

58,313

73,738

SHAREHOLDERS' FUNDS

58,416

73,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2026 and were signed on its behalf by:

O Hall - Director

1.	STATUTORY INFORMATION

MRL Group (South) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

9,536

1,641

162,131

6,336

179,644

Additions

16,784

3,164

58,917

3,570

82,435

Disposals

-

-

(19,650

)

-

(19,650

)

At 31 July 2025

26,320

4,805

201,398

9,906

242,429

DEPRECIATION

At 1 August 2024

6,291

607

89,647

4,204

100,749

Charge for year

5,007

1,050

32,194

1,882

40,133

Eliminated on disposal

-

-

(17,024

)

-

(17,024

)

At 31 July 2025

11,298

1,657

104,817

6,086

123,858

NET BOOK VALUE

At 31 July 2025

15,022

3,148

96,581

3,820

118,571

At 31 July 2024

3,245

1,034

72,484

2,132

78,895

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 August 2024

32,010

Additions

38,500

At 31 July 2025

70,510

DEPRECIATION

At 1 August 2024

8,003

Charge for year

15,626

At 31 July 2025

23,629

NET BOOK VALUE

At 31 July 2025

46,881

At 31 July 2024

24,007

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

5,520

60,074

Other debtors

3,671

-

9,191

60,074

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

17,753

14,844

Trade creditors

2,261

12,919

Taxation and social security

6,388

61,416

Other creditors

15,459

4,496

41,861

93,675

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

7,172

11,838

Hire purchase contracts

52,505

50,186

59,677

62,024

8.	RELATED PARTY DISCLOSURES

Included within Other Creditors is a loan balance totalling £799 (2024 £211) owed to Mr O Hall and Mrs M Brewer-Hall, the directors of the company. This loan was provided interest free and repayable on demand.

Included in Other Creditors is a balance totalling £105 (2024: 496) owed to Mr A Hall, a shareholder and parent of the director Mr O Hall. This loan was not overdrawn and was provided interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is O Hall.