Company Registration No. 05609499 (England and Wales)
M&S VEHICLE SERVICES LTD
Unaudited accounts
for the year ended 31 December 2025
M&S VEHICLE SERVICES LTD
Unaudited accounts
Contents
M&S VEHICLE SERVICES LTD
Company Information
for the year ended 31 December 2025
Director
Terry Paul Mulcock
Company Number
05609499 (England and Wales)
Registered Office
UNIT 1 ABERGARW TRADING ESTATE
BRYNMENYN
BRIDGEND
MID GLAM
CF32 9LW
Accountants
Richlands Accountancy Limited
Richlands
Maesteg Road
Tondu
Bridgend
CF32 9BT
M&S VEHICLE SERVICES LTD
Statement of financial position
as at 31 December 2025
Tangible assets
13,209
11,066
Cash at bank and in hand
-
38
Creditors: amounts falling due within one year
(78,310)
(48,400)
Net current liabilities
(1,375)
(2,586)
Total assets less current liabilities
11,834
8,480
Creditors: amounts falling due after more than one year
(51)
(3,474)
Called up share capital
1,000
1,000
Profit and loss account
10,783
4,006
Shareholders' funds
11,783
5,006
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 director acknowledges his 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 and authorised for issue on 25 September 2026 and were signed on its behalf by
Terry Paul Mulcock
Director
Company Registration No. 05609499
M&S VEHICLE SERVICES LTD
Notes to the Accounts
for the year ended 31 December 2025
M&S VEHICLE SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 05609499. The registered office is UNIT 1 ABERGARW TRADING ESTATE, BRYNMENYN, BRIDGEND, MID GLAM, CF32 9LW.
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.
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.
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 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
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
M&S VEHICLE SERVICES LTD
Notes to the Accounts
for the year ended 31 December 2025
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
107,251
16,480
7,002
2,417
133,150
Additions
5,876
-
-
123
5,999
At 31 December 2025
113,127
16,480
7,002
2,540
139,149
At 1 January 2025
98,723
14,561
6,890
1,910
122,084
Charge for the year
3,211
457
44
144
3,856
At 31 December 2025
101,934
15,018
6,934
2,054
125,940
At 31 December 2025
11,193
1,462
68
486
13,209
At 31 December 2024
8,528
1,919
112
507
11,066
Amounts falling due within one year
Accrued income and prepayments
-
3,796
Other debtors
47,576
27,089
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
55,281
20,544
Trade creditors
5,930
23,159
Taxes and social security
4,690
936
7
Creditors: amounts falling due after more than one year
2025
2024
M&S VEHICLE SERVICES LTD
Notes to the Accounts
for the year ended 31 December 2025
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Transactions with related parties
During the year the company provided services to an associated company SW Van Conversions and Sales Limited totalling £57,064. The amount owed by SW Van Conversions & Sales Limited at 31st December 2023 was £21,365.
10
Average number of employees
During the year the average number of employees was 3 (2024: 3).