M & P Transmissions (UK) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03816558 (England and Wales)

M & P TRANSMISSIONS (UK) LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

Mr M Hopson

Mr A M Hopson

SECRETARY:

Mr A M Hopson

REGISTERED OFFICE:

Unit 4

Bilston Industrial Estate

Oxford Street

Bilston

West Midlands

WV14 7EG

REGISTERED NUMBER:

03816558 (England and Wales)

ACCOUNTANTS:

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

FIXED ASSETS

Tangible assets

4

45,494

58,234

CURRENT ASSETS

Stocks

11,700

11,300

Debtors

5

72,538

57,386

Cash at bank and in hand

192,679

137,538

276,917

206,224

CREDITORS

Amounts falling due within one year

6

173,435

152,128

NET CURRENT ASSETS

103,482

54,096

TOTAL ASSETS LESS CURRENT
LIABILITIES

148,976

112,330

CREDITORS

Amounts falling due after more than one
year

7

(2,000

)

(14,000

)

PROVISIONS FOR LIABILITIES

(6,178

)

(8,917

)

NET ASSETS

140,798

89,413

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

140,698

89,313

SHAREHOLDERS' FUNDS

140,798

89,413

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 directors acknowledge their 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 Board of Directors and authorised for issue on 16 September 2026 and were signed on its behalf by:

Mr M Hopson - Director

1.	STATUTORY INFORMATION

M & P Transmissions (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 recognised when goods are physically delivered to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% Straight Line

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2025

16,133

30,194

108,251

8,385

162,963

Additions

430

-

430

At 31 December 2025

16,563

30,194

108,251

8,385

163,393

DEPRECIATION

At 1 January 2025

7,827

21,119

68,935

6,848

104,729

Charge for year

875

1,363

9,830

1,102

13,170

At 31 December 2025

8,702

22,482

78,765

7,950

117,899

NET BOOK VALUE

At 31 December 2025

7,861

7,712

29,486

435

45,494

At 31 December 2024

8,306

9,075

39,316

1,537

58,234

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

60,000

DEPRECIATION

At 1 January 2025

45,718

Charge for year

3,571

At 31 December 2025

49,289

NET BOOK VALUE

At 31 December 2025

10,711

At 31 December 2024

14,282

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

57,564

44,628

VAT

1,273

-

Prepayments

13,701

12,758

72,538

57,386

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

-

7,918

Hire purchase contracts

12,000

Trade creditors

90,143

65,731

Social security and other taxes

7,810

1,652

VAT

-

7,522

Other creditors

2,108

3,148

Directors' current accounts

45,636

Accrued expenses

15,738

8,521

173,435

152,128

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Hire purchase contracts

2,000

14,000

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the directors:

M Hopson £45,636 (31.12..24: £45,636).

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Hopson.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M & P Transmissions (UK) Limited for the year ended 31 December 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of M & P Transmissions (UK) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M & P Transmissions (UK) Limited and state those matters that we have agreed to state to the Board of Directors of M & P Transmissions (UK) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M & P Transmissions (UK) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M & P Transmissions (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of M & P Transmissions (UK) Limited. You consider that M & P Transmissions (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M & P Transmissions (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

16 September 2026