Midland Hydraulic Services Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 06529365

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		2,046		3,102
Tangible Assets	5		42,809		49,274

			44,855		52,376
CURRENT ASSETS
Stocks	6	4,600		6,150
Debtors	7	94,129		108,427
Cash at bank and in hand		121,524		119,828

		220,253		234,405
Creditors: Amounts Falling Due Within One Year	8	(81,978 )		(102,415 )

NET CURRENT ASSETS (LIABILITIES)			138,275		131,990

TOTAL ASSETS LESS CURRENT LIABILITIES			183,130		184,366

PROVISIONS FOR LIABILITIES
Deferred Taxation			(10,702 )		(12,319 )

NET ASSETS			172,428		172,047

CAPITAL AND RESERVES
Called up share capital	9		6		6
Capital redemption reserve			4		4
Income Statement			172,418		172,037

SHAREHOLDERS' FUNDS			172,428		172,047

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Midland Hydraulic Services Limited

Statement of Financial Position (continued)

As At 30 April 2026

For the year ending 30 April 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mrs Helen Lockley

Director

11/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Midland Hydraulic Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06529365 . The registered office is Unit 4 Ariane, Lichfield Road Industrial Estate, Tamworth, Staffordshire, B79 7XF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the income statement over its estimated economic life of 20 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	10% reducing balance
Computer Equipment	33% on cost

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Midland Hydraulic Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

2.7. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Government Grant

Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.

All grants in the income statement are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2025: 8)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 May 2025	21,000

As at 30 April 2026	21,000

Amortisation
As at 1 May 2025	17,898
Provided during the period	1,056

As at 30 April 2026	18,954

Net Book Value
As at 30 April 2026	2,046

As at 1 May 2025	3,102

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 May 2025	98,332	26,495	3,009	7,026	134,862
Additions	-	-	-	717	717

As at 30 April 2026	98,332	26,495	3,009	7,743	135,579

...CONTINUED

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Midland Hydraulic Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

Depreciation
As at 1 May 2025	64,351	11,592	2,619	7,026	85,588
Provided during the period	3,398	3,725	39	20	7,182

As at 30 April 2026	67,749	15,317	2,658	7,046	92,770

Net Book Value
As at 30 April 2026	30,583	11,178	351	697	42,809

As at 1 May 2025	33,981	14,903	390	-	49,274

6. Stocks

	2026	2025
	£	£
Stock	4,600	6,150

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	91,134	105,978
Other debtors	2,995	2,449

	94,129	108,427

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	25,761	51,595
Other creditors	2,531	3,422
Taxation and social security	53,686	47,398

	81,978	102,415

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	6	6

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