REGISTERED NUMBER: 04336440 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MPS TRADING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S G Hughes

SECRETARY:

D E Hughes

REGISTERED OFFICE:

Springham Cottage

Grove Hill

Hellingly

Hailsham

East Sussex

BN27 4HE

REGISTERED NUMBER:

04336440 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Eastbourne) Limited

18 Hyde Gardens

Eastbourne

East Sussex

BN21 4PT

FIXED ASSETS

Tangible assets

4

32,749

6,596

CURRENT ASSETS

Stocks

11,750

12,000

Debtors

5

3,068

12,458

Prepayments and accrued income

358

-

Cash at bank and in hand

36,836

77,016

52,012

101,474

CREDITORS

Amounts falling due within one year

6

(34,613

)

(45,405

)

NET CURRENT ASSETS

17,399

56,069

TOTAL ASSETS LESS CURRENT LIABILITIES

50,148

62,665

PROVISIONS FOR LIABILITIES

(8,187

)

(1,649

)

NET ASSETS

41,961

61,016

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

41,461

60,516

41,961

61,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 July 2026 and were signed by:

S G Hughes - Director

1.	STATUTORY INFORMATION

MPS Trading 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

69,568

7,157

14,124

17,807

108,656

Additions

316

-

37,491

-

37,807

At 31 December 2025

69,884

7,157

51,615

17,807

146,463

DEPRECIATION

At 1 January 2025

65,789

7,062

12,864

16,345

102,060

Charge for year

1,024

24

9,688

918

11,654

At 31 December 2025

66,813

7,086

22,552

17,263

113,714

NET BOOK VALUE

At 31 December 2025

3,071

71

29,063

544

32,749

At 31 December 2024

3,779

95

1,260

1,462

6,596

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,344

12,290

Other debtors

1,724

168

3,068

12,458

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,326

9,856

Trade creditors

25,625

27,681

Taxation and social security

684

6,461

Other creditors

5,978

1,407

34,613

45,405