Company registration number 10024728 (England and Wales)
M & S Solutions West Midlands Limited
Unaudited financial statements
For the year ended 31 March 2026
M & S Solutions West Midlands Limited
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7
M & S Solutions West Midlands Limited
Statement of financial position
As at 31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,010
2,699
Investment property
4
425,000
425,000
427,010
427,699
Current assets
Debtors
5
152
2,308
Cash at bank and in hand
22,869
26,348
23,021
28,656
Creditors: amounts falling due within one year
6
(223,811)
(225,941)
Net current liabilities
(200,790)
(197,285)
Total assets less current liabilities
226,220
230,414
Provisions for liabilities
(46,670)
(46,670)
Net assets
179,550
183,744
Capital and reserves
Called up share capital
2
2
Revaluation reserve
155,634
155,634
Profit and loss reserves
23,914
28,108
Total equity
179,550
183,744
M & S Solutions West Midlands Limited
Statement of financial position (continued)
As at 31 March 2026
- 2 -

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements. true

The financial statements were approved by the board of directors and authorised for issue on 8 June 2026 and are signed on its behalf by:
Mr M Wickson
Director
Company registration number 10024728 (England and Wales)
M & S Solutions West Midlands Limited
Notes to the financial statements
For the year ended 31 March 2026
- 3 -
1
Accounting policies
Company information

M & S Solutions West Midlands Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Shire Lea, Brownhills, Walsall, West Midlands, England, WS8 6NZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment properties. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Property rental

Turnover represents rental income receivable in the year.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% on reducing balance
Computers
33% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

M & S Solutions West Midlands Limited
Notes to the financial statements (continued)
For the year ended 31 March 2026
1
Accounting policies
(Continued)
- 4 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Recoverable amount is the higher of fair value less costs to sell and value in use.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

M & S Solutions West Midlands Limited
Notes to the financial statements (continued)
For the year ended 31 March 2026
1
Accounting policies
(Continued)
- 5 -
1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
2
M & S Solutions West Midlands Limited
Notes to the financial statements (continued)
For the year ended 31 March 2026
- 6 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 April 2025
4,705
5,056
9,761
Additions
-
0
225
225
At 31 March 2026
4,705
5,281
9,986
Depreciation and impairment
At 1 April 2025
4,075
2,987
7,062
Depreciation charged in the year
157
757
914
At 31 March 2026
4,232
3,744
7,976
Carrying amount
At 31 March 2026
473
1,537
2,010
At 31 March 2025
630
2,069
2,699
4
Investment property
2026
£
Fair value
At 1 April 2025 and 31 March 2026
425,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out at the year end by the director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
152
2,090
Other debtors
-
0
218
152
2,308
M & S Solutions West Midlands Limited
Notes to the financial statements (continued)
For the year ended 31 March 2026
- 7 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
196
908
Taxation and social security
7,490
7,615
Other creditors
216,125
217,418
223,811
225,941
2026-03-31 2025-04-01 false false false 08 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs Sandra Wickson Mr Martin John Wickson 10024728 2025-04-01 2026-03-31 10024728 2026-03-31 10024728 2025-03-31 10024728 core:FurnitureFittings 2026-03-31 10024728 core:ComputerEquipment 2026-03-31 10024728 core:FurnitureFittings 2025-03-31 10024728 core:ComputerEquipment 2025-03-31 10024728 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 10024728 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 10024728 core:ShareCapital 2026-03-31 10024728 core:ShareCapital 2025-03-31 10024728 core:RevaluationReserve 2026-03-31 10024728 core:RevaluationReserve 2025-03-31 10024728 core:RetainedEarningsAccumulatedLosses 2026-03-31 10024728 core:RetainedEarningsAccumulatedLosses 2025-03-31 10024728 bus:Director2 2025-04-01 2026-03-31 10024728 core:FurnitureFittings 2025-04-01 2026-03-31 10024728 core:ComputerEquipment 2025-04-01 2026-03-31 10024728 2024-04-01 2025-03-31 10024728 core:FurnitureFittings 2025-03-31 10024728 core:ComputerEquipment 2025-03-31 10024728 2025-03-31 10024728 core:CurrentFinancialInstruments 2026-03-31 10024728 core:CurrentFinancialInstruments 2025-03-31 10024728 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 10024728 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 10024728 bus:FRS102 2025-04-01 2026-03-31 10024728 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 10024728 bus:Director1 2025-04-01 2026-03-31 10024728 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP