REGISTERED NUMBER: 10006440 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 AUGUST 2025

FOR

THE MACHINE INSTALL COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Steward

Mrs S Steward

SECRETARY:

Mrs S Steward

REGISTERED OFFICE:

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

REGISTERED NUMBER:

10006440 (England and Wales)

ACCOUNTANTS:

Wheelers

Chartered Accountants & Tax Consultants

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

FIXED ASSETS

Intangible assets

4

3,990

4,560

Tangible assets

5

211,833

128,097

215,823

132,657

CURRENT ASSETS

Stocks

266,761

270,378

Debtors

6

552,755

508,805

Cash at bank

90,763

76,921

910,279

856,104

CREDITORS

Amounts falling due within one year

7

883,276

811,592

NET CURRENT ASSETS

27,003

44,512

TOTAL ASSETS LESS CURRENT LIABILITIES

242,826

177,169

CREDITORS

Amounts falling due after more than one year

8

(114,631

)

(131,648

)

PROVISIONS FOR LIABILITIES

(47,100

)

(24,900

)

NET ASSETS

81,095

20,621

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

80,995

20,521

SHAREHOLDERS' FUNDS

81,095

20,621

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by:

J Steward - Director

1.	STATUTORY INFORMATION

The Machine Install Company Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The directors believe that the company is well placed to manage its financial risks successfully and has reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover

Turnover represents the sales value of goods and services supplied, excluding value added tax, adjusted for ongoing contracts that are long term or material in relation to turnover and profits in accordance with FRS 102 Section 23 as detailed in the long term contract accounting policy.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

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.

Improvements to property

-

20% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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 Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Long term contracts

Amounts recoverable on contracts, which are included in debtors, are stated at cost plus attributable profit to the extent that this is reasonably certain after making provisions for contingencies less any losses incurred or foreseen in bringing contracts to completion, and less amounts received as progress payments. Cost for this purpose includes material costs and all overheads other than those relating to the general administration of the company. For any contracts where receipts exceed book value of work done, the excess is included in creditors as payments on account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 31 August 2024

and 30 August 2025

5,700

AMORTISATION

At 31 August 2024

1,140

Amortisation for year

570

At 30 August 2025

1,710

NET BOOK VALUE

At 30 August 2025

3,990

At 30 August 2024

4,560

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 31 August 2024

25,558

215,024

27,803

Additions

-

124,612

-

At 30 August 2025

25,558

339,636

27,803

DEPRECIATION

At 31 August 2024

16,096

115,887

18,982

Charge for year

5,111

35,214

2,205

At 30 August 2025

21,207

151,101

21,187

NET BOOK VALUE

At 30 August 2025

4,351

188,535

6,616

At 30 August 2024

9,462

99,137

8,821

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 31 August 2024

1,518

28,836

298,739

Additions

-

4,663

129,275

At 30 August 2025

1,518

33,499

428,014

DEPRECIATION

At 31 August 2024

1,338

18,339

170,642

Charge for year

44

2,965

45,539

At 30 August 2025

1,382

21,304

216,181

NET BOOK VALUE

At 30 August 2025

136

12,195

211,833

At 30 August 2024

180

10,497

128,097

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

Plant and

machinery

£

COST

At 31 August 2024

66,000

Additions

114,000

Transfer to ownership

(66,000

)

At 30 August 2025

114,000

DEPRECIATION

At 31 August 2024

30,422

Charge for year

9,500

Transfer to ownership

(30,422

)

At 30 August 2025

9,500

NET BOOK VALUE

At 30 August 2025

104,500

At 30 August 2024

35,578

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.25

30.8.24

£

£

Trade debtors

305,531

183,675

Amounts recoverable on contract

111,426

49,753

Other debtors

135,798

275,377

552,755

508,805

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.25

30.8.24

£

£

Bank loans and overdrafts

80,712

139,448

Hire purchase contracts (see note 9)

32,103

18,022

Payments on account

134,747

8,148

Trade creditors

351,881

339,110

Taxation and social security

229,673

261,943

Other creditors

54,160

44,921

883,276

811,592

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.8.25

30.8.24

£

£

Bank loans

50,936

131,648

Hire purchase contracts (see note 9)

63,695

-

114,631

131,648

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.8.25

30.8.24

£

£

Net obligations repayable:

Within one year

32,103

18,022

Between one and five years

63,695

-

95,798

18,022

Non-cancellable

operating leases

30.8.25

30.8.24

£

£

Within one year

85,439

47,484

Between one and five years

144,648

4,565

230,087

52,049

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.8.25

30.8.24

£

£

Hire purchase contracts

95,798

18,022

Hire purchase liabilities are secured by the assets to which they relate. The assets remain the property of the finance company until the balance is repaid in full.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 August 2025 and 30 August 2024:

30.8.25

30.8.24

£

£

J Steward

Balance outstanding at start of year

124,137

63,490

Amounts advanced

75,419

66,647

Amounts repaid

(133,000

)

(6,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

66,556

124,137

Interest was charged on the directors loan account balances in excess of £10,000 at 2.25% until 5 April 2025 and 3.75% thereafter.