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Company Registration No. 08726967 (England and Wales)
M Squared Control Systems Ltd Unaudited accounts for the year ended 31 December 2025
M Squared Control Systems Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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M Squared Control Systems Ltd Company Information for the year ended 31 December 2025
Directors
M Mamczur F Mamczur
Company Number
08726967 (England and Wales)
Registered Office
UNIT 5 REGENTS TRADE PARK BARWELL LANE GOSPORT HAMPSHIRE PO13 0EQ
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M Squared Control Systems Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
79,346
121,847
Current assets
Inventories
15,000
15,000
Debtors
5
154,917
142,059
Cash at bank and in hand
63,634
776,609
233,551
933,668
Creditors: amounts falling due within one year
6
(294,833)
(1,027,010)
Net current liabilities
(61,282)
(93,342)
Total assets less current liabilities
18,064
28,505
Provisions for liabilities
Deferred tax
7
(2,377)
(2,377)
Net assets
15,687
26,128
Capital and reserves
Called up share capital
8
100
100
Capital redemption reserve
50
50
Profit and loss account
15,537
25,978
Shareholders' funds
15,687
26,128
For the year ending 31 December 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 January 2026 and were signed on its behalf by
M Mamczur Director Company Registration No. 08726967
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M Squared Control Systems Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
M Squared Control Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 08726967. The registered office is UNIT 5 REGENTS TRADE PARK, BARWELL LANE, GOSPORT, HAMPSHIRE, PO13 0EQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
10% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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M Squared Control Systems Ltd Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
75,625
125,396
201,021
Disposals
-
(11,754)
(11,754)
At 31 December 2025
75,625
113,642
189,267
Depreciation
At 1 January 2025
48,381
30,793
79,174
Charge for the year
25,208
7,479
32,687
On disposals
-
(1,940)
(1,940)
At 31 December 2025
73,589
36,332
109,921
Net book value
At 31 December 2025
2,036
77,310
79,346
At 31 December 2024
27,244
94,603
121,847
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
32,309
Trade debtors
9,452
3,945
Amounts due from group undertakings etc.
20,044
17,709
Other debtors
125,421
88,096
154,917
142,059
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
5,075
-
Trade creditors
12,583
-
Amounts owed to group undertakings and other participating interests
56,938
63,944
Taxes and social security
27,675
93,000
Other creditors
-
6,353
Loans from directors
172,562
-
Accruals
20,000
13,500
Deferred income
-
850,213
294,833
1,027,010
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M Squared Control Systems Ltd Notes to the Accounts for the year ended 31 December 2025
7
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
2,377
2,377
2025
2024
£
£
Provision at start of year
2,377
2,377
Provision at end of year
2,377
2,377
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
M Mamczur
Director's Loan
88,098
156,107
416,766
(172,561)
88,098
156,107
416,766
(172,561)
The director received an interest free advance of £176,561 at the reporting date which is interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 13 (2024: 10).
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