REGISTERED NUMBER: 03645415 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

MEB Equipment Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E J Bolger

REGISTERED OFFICE:

Pippins Cherry Drive

Forty Green

Beaconsfield

HP9 1XP

BUSINESS ADDRESS:

Broadwater Lane

Harefield

Middlesex

UB9 4AH

REGISTERED NUMBER:

03645415 (England and Wales)

ACCOUNTANTS:

Friends.Tax LLP

Pippins

Cherry Drive

Forty Green

Beaconsfield

Buckinghamshire

HP9 1XP

FIXED ASSETS

Tangible assets

4

76,897

24,931

CURRENT ASSETS

Stocks

32,750

34,000

Debtors

5

108,532

146,142

Cash at bank

-

2,663

141,282

182,805

CREDITORS

Amounts falling due within one year

6

253,089

139,175

NET CURRENT (LIABILITIES)/ASSETS

(111,807

)

43,630

TOTAL ASSETS LESS CURRENT LIABILITIES

(34,910

)

68,561

CREDITORS

Amounts falling due after more than one year

7

49,339

26,109

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

9

19,000

19,000

Retained earnings

9

(104,249

)

22,452

SHAREHOLDERS' FUNDS

(84,249

)

42,452

(34,910

)

68,561

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 14 August 2026 and were signed by:

E J Bolger - Director

1.	STATUTORY INFORMATION

MEB Equipment Limited 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.

These Financial Statements have been prepared on a going concern basis which assumes the continued support of the company bankers, the directors and creditors of the company.

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 etc

-

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.

Financial instruments

Basic financial instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any other financial instruments, as covered by Section 12 of FRS 102

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.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

124,985

Additions

77,668

Disposals

(37,600

)

At 30 November 2025

165,053

DEPRECIATION

At 1 December 2024

100,054

Charge for year

8,162

Eliminated on disposal

(20,060

)

At 30 November 2025

88,156

NET BOOK VALUE

At 30 November 2025

76,897

At 30 November 2024

24,931

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

5,179

27,502

Other debtors

103,353

118,640

108,532

146,142

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

55,845

9,588

Trade creditors

39,645

42,018

Taxation and social security

3,734

7,089

Other creditors

153,865

80,480

253,089

139,175

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

49,339

2,398

Other creditors

-

23,711

49,339

26,109

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Bank loans

49,339

11,986

Other creditors

27,504

49,158

76,843

61,144

The Bank borrowings are secured by way of a floating charge over the assets of the company.

The balance owing to The Bank at the balance sheet date was £105,184 (2024 £11,986). Of this sum, £55,845 is considered to be repayable within one year (2024 £9,588).

Within other creditors, further finance totalling £27,504 (2024 £49,159 ) is secured by way of a personal guarantee given by the director. Of this sum, £27,504 is considered to be repayable within one year (2024 £26,659).

9.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 December 2024

22,452

19,000

41,452

Deficit for the year

(126,701

)

(126,701

)

At 30 November 2025

(104,249

)

19,000

(85,249

)

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

30.11.25

30.11.24

£

£

E J Bolger

Balance outstanding at start of year

12,273

4,389

Amounts advanced

-

7,884

Amounts repaid

(12,273

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

12,273

11.	RELATED PARTY DISCLOSURES

The director is also a director of MEB Equipment Limited incorporated in the Republic of Ireland.,

During the period under review, the companies traded with each other selling machines and parts as required. All such transactions are considered to be on normal commercial terms.

In addition, the Company provided management charges to the Irish entity during the year amounting to £15,000 (2024 £12,463).

The aggregate balance due from the Irish entity as at the balance sheet date was £86,759 ( 2024 £94,623)

12.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.