MPA Pump Services Limited - Filleted accounts

Registered number

03373500

MPA Pump Services Limited

Report and Unaudited Accounts

31 May 2025

Collins

Chartered Accountants

West Midlands

MPA Pump Services Limited
Registered number:		03373500
Balance Sheet
as at 31 May 2025


Notes		2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		38,982		23,582

Current assets
Stocks		3,000		3,000
Debtors	4	335,499		143,293
Cash at bank and in hand		487,587		586,986
		826,086		733,279

Creditors: amounts falling due within one year	5	(77,301)		(60,517)

Net current assets			748,785		672,762

Net assets			787,767		696,344

Capital and reserves
Called up share capital			400		400
Profit and loss account			787,367		695,944

Shareholder's funds			787,767		696,344

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 member has 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.



M Adcock
Director
Approved by the board on 14 May 2026

MPA Pump Services Limited
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

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

	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:

	Motor Vehicles	over 5 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.

	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.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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		3		3


3	Tangible fixed assets
					Motor vehicles
£
	Cost
	At 1 June 2024				29,477
	Additions				21,295
	At 31 May 2025				50,772

	Depreciation
	At 1 June 2024				5,895
	Charge for the year				5,895
	At 31 May 2025				11,790

	Net book value
	At 31 May 2025				38,982
	At 31 May 2024				23,582




4	Debtors		2025		2024
£				£

	Trade debtors		301,182		104,959
	Other debtors		34,317		38,334
			335,499		143,293



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

	Trade creditors		35,522		8,360
	Corporation tax		22,475		28,050
	Other taxes and social security costs		4,696		11,415
	Directors loans		9,730		5,738
	Accruals and deferred income		4,878		6,954
			77,301		60,517


6	Other information

	MPA Pump Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	56 Carlton Mews,
	Castle Bromwich,
	Birmingham,
	B36 0AD