MK Gas Services Limited 09771503 false 2024-10-01 2025-09-30 2025-09-30 The principal activity of the company is that of plumbing, heat and air conditioning installation Digita Accounts Production Advanced 6.30.9574.0 true 09771503 2024-10-01 2025-09-30 09771503 2025-09-30 09771503 bus:Director2 2025-09-30 09771503 core:RetainedEarningsAccumulatedLosses 2025-09-30 09771503 core:ShareCapital 2025-09-30 09771503 core:CurrentFinancialInstruments 2025-09-30 09771503 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 09771503 core:Non-currentFinancialInstruments core:AfterOneYear 2025-09-30 09771503 core:BetweenTwoFiveYears 2025-09-30 09771503 core:WithinOneYear 2025-09-30 09771503 core:FurnitureFittingsToolsEquipment 2025-09-30 09771503 core:MotorVehicles 2025-09-30 09771503 core:OtherPropertyPlantEquipment 2025-09-30 09771503 bus:SmallEntities 2024-10-01 2025-09-30 09771503 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 09771503 bus:FilletedAccounts 2024-10-01 2025-09-30 09771503 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 09771503 bus:RegisteredOffice 2024-10-01 2025-09-30 09771503 bus:Director1 2024-10-01 2025-09-30 09771503 bus:Director2 2024-10-01 2025-09-30 09771503 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 09771503 bus:Agent1 2024-10-01 2025-09-30 09771503 core:RetainedEarningsAccumulatedLosses 2024-10-01 2025-09-30 09771503 core:ShareCapital 2024-10-01 2025-09-30 09771503 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 09771503 core:MotorVehicles 2024-10-01 2025-09-30 09771503 core:OfficeEquipment 2024-10-01 2025-09-30 09771503 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 09771503 core:PlantMachinery 2024-10-01 2025-09-30 09771503 countries:EnglandWales 2024-10-01 2025-09-30 09771503 2024-09-30 09771503 core:RetainedEarningsAccumulatedLosses 2024-09-30 09771503 core:ShareCapital 2024-09-30 09771503 core:FurnitureFittingsToolsEquipment 2024-09-30 09771503 core:MotorVehicles 2024-09-30 09771503 core:OtherPropertyPlantEquipment 2024-09-30 09771503 2023-10-01 2024-09-30 09771503 2024-09-30 09771503 core:CurrentFinancialInstruments 2024-09-30 09771503 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09771503 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 09771503 core:BetweenTwoFiveYears 2024-09-30 09771503 core:WithinOneYear 2024-09-30 09771503 core:FurnitureFittingsToolsEquipment 2024-09-30 09771503 core:MotorVehicles 2024-09-30 09771503 core:OtherPropertyPlantEquipment 2024-09-30 09771503 core:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 09771503 core:ShareCapital 2023-10-01 2024-09-30 09771503 2023-09-30 09771503 core:RetainedEarningsAccumulatedLosses 2023-09-30 09771503 core:ShareCapital 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 09771503

MK Gas Services Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

MK Gas Services Limited

Contents

Company Information | 1
Directors' Report | 2
Accountants' Report | 3
Profit and Loss Account | 4
Balance Sheet | 5 to 6
Statement of Changes in Equity | 7
Notes to the Financial Statements | 8 to 12

MK Gas Services Limited

Company Information

Directors | Mr MA Keavney Miss Elizabeth Heaton

Registered office | 172 St. Helens Road Leigh Lancashire WN7 3UB

Accountants | EKWilliams Accountants Limited 1 Pavilion Square Westhoughton Bolton BL5 3AJ

MK Gas Services Limited

Directors' Report for the Year Ended 30 September 2025

The directors present their report and the financial statements for the year ended 30 September 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr MA Keavney

Miss Elizabeth Heaton (appointed 1 September 2025)

Principal activity

The principal activity of the company is that of plumbing, heat and air conditioning installation

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 9 June 2026 and signed on its behalf by:

......................................... Mr MA Keavney Director

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
MK Gas Services Limited
for the Year Ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MK Gas Services Limited for the year ended 30 September 2025 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of MK Gas Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of MK Gas Services Limited and state those matters that we have agreed to state to the Board of Directors of MK Gas Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MK Gas Services Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that MK Gas Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MK Gas Services Limited. You consider that MK Gas Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of MK Gas Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
EKWilliams Accountants Limited
1 Pavilion Square
Westhoughton
Bolton
BL5 3AJ

9 June 2026

MK Gas Services Limited

Profit and Loss Account for the Year Ended 30 September 2025

| Note | 2025 £ | 2024 £
Turnover |  | 73,870 | 106,377
Cost of sales |  | (2,418) | (8,827)
Gross profit |  | 71,452 | 97,550
Administrative expenses |  | (38,925) | (27,911)
Operating profit |  | 32,527 | 69,639
Other interest receivable and similar income |  | 1,260 | -
Interest payable and similar expenses |  | (324) | (324)
|  | 936 | (324)
Profit before tax |  | 33,463 | 69,315
Tax on profit |  | (6,086) | (14,849)
Profit for the financial year |  | 27,377 | 54,466

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

MK Gas Services Limited

(Registration number: 09771503)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 6,185 | 7,186
Current assets |  |  |
Debtors | 5 | 75,406 | 87,353
Cash at bank and in hand |  | 56,245 | 50,830
|  | 131,651 | 138,183
Creditors: Amounts falling due within one year | 6 | (83,678) | (73,506)
Net current assets |  | 47,973 | 64,677
Total assets less current liabilities |  | 54,158 | 71,863
Creditors: Amounts falling due after more than one year | 6 | - | (4,613)
Provisions for liabilities |  | (1,328) | (1,797)
Net assets |  | 52,830 | 65,453
Capital and reserves |  |  |
Called up share capital |  | 10 | 10
Retained earnings |  | 52,820 | 65,443
Shareholders' funds |  | 52,830 | 65,453

MK Gas Services Limited

(Registration number: 09771503)
Balance Sheet as at 30 September 2025

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account and Directors' Report.

Approved and authorised by the Board on 9 June 2026 and signed on its behalf by:

......................................... Mr MA Keavney Director

MK Gas Services Limited

Statement of Changes in Equity for the Year Ended 30 September 2025

| Share capital £ | Retained earnings £ | Total £
At 1 October 2024 | 10 | 65,443 | 65,453
Profit for the year | - | 27,377 | 27,377
Dividends | - | (40,000) | (40,000)
At 30 September 2025 | 10 | 52,820 | 52,830

| Share capital £ | Retained earnings £ | Total £
At 1 October 2023 | 10 | 50,977 | 50,987
Profit for the year | - | 54,466 | 54,466
Dividends | - | (40,000) | (40,000)
At 30 September 2024 | 10 | 65,443 | 65,453

MK Gas Services Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
172 St. Helens Road
Leigh
Lancashire
WN7 3UB
England

These financial statements were authorised for issue by the Board on 9 June 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises sales at the point the services are provided to the customer.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

MK Gas Services Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% reducing balance
Motor vehicles | 25% reducing balance
Office Equipment | 25% reducing balance

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 1).

MK Gas Services Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Plant and machinery £ | Total £
Cost or valuation
At 1 October 2024 | 3,347 | 19,296 | 2,941 | 25,584
Additions | 874 | - | 187 | 1,061
At 30 September 2025 | 4,221 | 19,296 | 3,128 | 26,645
Depreciation
At 1 October 2024 | 1,619 | 14,471 | 2,308 | 18,398
Charge for the year | 651 | 1,206 | 205 | 2,062
At 30 September 2025 | 2,270 | 15,677 | 2,513 | 20,460
Carrying amount
At 30 September 2025 | 1,951 | 3,619 | 615 | 6,185
At 30 September 2024 | 1,728 | 4,825 | 633 | 7,186

The net book value of tangible assets includes nil (2024 £4,825) in respect of assets held under hire purchase or finance lease contracts.

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | - | 12,170
Other debtors | 75,406 | 75,183
| 75,406 | 87,353

MK Gas Services Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 4,613 | 7,169
Trade creditors |  | 60 | 41
Taxation and social security |  | 31,963 | 38,827
Accruals and deferred income |  | 7,271 | 1,075
Other creditors |  | 39,771 | 26,394
|  | 83,678 | 73,506

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £4,163 (2024 - £7,169).

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | - | 4,613

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £nil (2024 - £4,613).

MK Gas Services Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

7 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 7,716 | 7,716
Later than one year and not later than five years | 10,581 | 18,297
| 18,297 | 26,013

The amount of non-cancellable operating lease payments recognised as an expense during the year was £8,561 (2024 - £5,309).