Company Registration No. 04339333 (England and Wales)
MD CONTROLS LIMITED
Unaudited accounts
for the year ended 31 December 2025
MD CONTROLS LIMITED
Unaudited accounts
Contents
MD CONTROLS LIMITED
Company Information
for the year ended 31 December 2025
Directors
MR MARTIN DAVIES
MR PAUL ANDREW WHITE
MR TONY ROBERT ARDERN
Company Number
04339333 (England and Wales)
Registered Office
UNIT 5 OAKLANDS PARK
ROUGHAM HILL
BURY ST EDMUNDS
SUFFOLK
IP33 2RW
MD CONTROLS LIMITED
Statement of financial position
as at 31 December 2025
Tangible assets
373,112
14,454
Inventories
14,146
(22,343)
Cash at bank and in hand
142,205
457,205
Creditors: amounts falling due within one year
(166,089)
(238,378)
Net current assets
323,772
479,757
Total assets less current liabilities
696,884
494,211
Creditors: amounts falling due after more than one year
(120,000)
-
Net assets
576,884
494,211
Called up share capital
100
100
Profit and loss account
576,784
494,111
Shareholders' funds
576,884
494,211
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 September 2025 and were signed on its behalf by
MR MARTIN DAVIES
Director
Company Registration No. 04339333
MD CONTROLS LIMITED
Notes to the Accounts
for the year ended 31 December 2025
MD CONTROLS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04339333. The registered office is UNIT 5 OAKLANDS PARK, ROUGHAM HILL, BURY ST EDMUNDS, SUFFOLK, IP33 2RW.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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% straight line
Motor vehicles
25% reducing balance
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Stocks held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost, adjusted where applicable for any loss of service potential.
MD CONTROLS LIMITED
Notes to the Accounts
for the year ended 31 December 2025
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Impairment of financial assets
Financial assets are assessed for indicators of impairment at each reporting end date.
Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
MD CONTROLS LIMITED
Notes to the Accounts
for the year ended 31 December 2025
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
-
2,195
13,995
4,005
20,195
Additions
360,500
-
-
2,817
363,317
Disposals
-
(422)
-
(469)
(891)
At 31 December 2025
360,500
1,773
13,995
6,353
382,621
At 1 January 2025
-
1,508
1,749
2,484
5,741
Charge for the year
-
775
3,061
911
4,747
On disposals
-
(510)
-
(469)
(979)
At 31 December 2025
-
1,773
4,810
2,926
9,509
At 31 December 2025
360,500
-
9,185
3,427
373,112
At 31 December 2024
-
687
12,246
1,521
14,454
Amounts falling due within one year
Trade debtors
276,402
268,608
Accrued income and prepayments
13,694
14,665
MD CONTROLS LIMITED
Notes to the Accounts
for the year ended 31 December 2025
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
85,944
173,473
Taxes and social security
43,689
36,118
Loans from directors
(70,406)
(70,406)
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Operating lease commitments
2025
2024
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
8,192
25,701
Later than one year and not later than five years
3,470
10,277
During the year M Davies, a director of the company, received advances of £188,314 (2024: £184,689) and was granted credits of £188,314 (2024: £184,689). At the balance sheet date, the director's loan account was overdrawn by £70,406 (2024: £70,406). The loan is interest bearing. Rent paid to M Davies during the year amounted to £20,400 (2024: £20,400).
Dividends totalling £95,477 (2024: £94,016) were paid in the year in respect of shares held by the company's director.
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Average number of employees
During the year the average number of employees was 9 (2024: 9).