MK Automotive Ltd


Directors	Mrs CL Barker
	Mr N Barker
	Mr S Smith


Registered Address	Unit 5 Kestrel Park
	Finch Drive, Springwood Ind Est
	Braintree
	CM7 2SF


Registered Number	10491477 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		40,407		37,839
			40,407		37,839
Current assets
Stocks	4	385,034		286,113
Debtors	5	207,963		163,789
Cash at bank and on hand		32,702		84,004
		625,699		533,906
Creditors amounts falling due within one year	6	(289,673)		(302,706)
Net current assets (liabilities)			336,026		231,200
Total assets less current liabilities			376,433		269,039
Creditors amounts falling due after one year	7		(36,021)		(4,167)
Provisions for liabilities	8		(10,102)		(9,460)
Net assets			330,310		255,412
Capital and reserves
Called up share capital			100		100
Profit and loss account			330,210		255,312
Shareholders' funds			330,310		255,412

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 7 August 2026, and are signed on its behalf by:

Mr N Barker
Director
Registered Company No. 10491477

MK Automotive Ltd

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	10
Plant and machinery	25	-
Vehicles	25	-
Office Equipment	25	-

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		8

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 25	61,479	20,300	7,164	88,943
Additions	12,679	2,808	819	16,306
Disposals	(2,007)	(12,800)	-	(14,807)
At 31 December 25	72,151	10,308	7,983	90,442
Depreciation and impairment
At 01 January 25	35,034	13,835	2,235	51,104
Charge for year	7,392	1,943	1,291	10,626
On disposals	(1,490)	(10,205)	-	(11,695)
At 31 December 25	40,936	5,573	3,526	50,035
Net book value
At 31 December 25	31,215	4,735	4,457	40,407
At 31 December 24	26,445	6,465	4,929	37,839

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	385,034	286,113
Total	385,034	286,113

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	146,720	98,984
Other debtors	29,748	30,700
Prepayments and accrued income	31,495	34,105
Total	207,963	163,789

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	72,992	96,744
Bank borrowings and overdrafts	13,608	10,000
Taxation and social security	9,164	25,885
Other creditors	193,909	170,077
Total	289,673	302,706

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	36,021	4,167
Total	36,021	4,167

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	10,102	9,460
Total	10,102	9,460

9.	Directors advances, credits and guarantees
	During the year, the following advances and credits were made to directors, Director 1: advances £39,347 (2024: £18,520), credits £40,390 (2024: £27,757), year end balance (£89,168) (2024 (£88,124)). Director 2: advances £15,377 (2024: £14,277), credits £36,377 (2024 £34,991), year end balance (£79,504) (2024 (£58,504)). Director 3:advances £6,932 (2024: £7,530), credits £6,932 (2024: £8,158), year end balance (£810) (2024: (£810)). No interest has been charged during the year.

Directors advances, credits and guarantees

During the year, the following advances and credits were made to directors,
Director 1: advances £39,347 (2024: £18,520), credits £40,390 (2024: £27,757), year end balance (£89,168) (2024 (£88,124)).
Director 2: advances £15,377 (2024: £14,277), credits £36,377 (2024 £34,991), year end balance (£79,504) (2024 (£58,504)).
Director 3:advances £6,932 (2024: £7,530), credits £6,932 (2024: £8,158), year end balance (£810) (2024: (£810)).
No interest has been charged during the year.