REGISTERED NUMBER: 09566703 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2026

FOR

M R INDUSTRIAL SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M A Ross

Mr C Noble

SECRETARY:

Mr M A Ross

REGISTERED OFFICE:

16 Brunel Road

Corby

Northamptonshire

NN17 4JW

REGISTERED NUMBER:

09566703 (England and Wales)

ACCOUNTANTS:

Bewers Turner & Co LLP

Chartered Accountants

Portland House

11-13 Station Road

Kettering

Northamptonshire

NN15 7HH

FIXED ASSETS

Tangible assets

4

125,100

188,740

CURRENT ASSETS

Stocks

46,228

180,815

Debtors

5

2,953,947

3,621,894

Cash at bank and in hand

112,157

117,609

3,112,332

3,920,318

CREDITORS

Amounts falling due within one year

6

1,961,593

2,823,171

NET CURRENT ASSETS

1,150,739

1,097,147

TOTAL ASSETS LESS CURRENT LIABILITIES

1,275,839

1,285,887

CREDITORS

Amounts falling due after more than one year

7

43,939

265,511

NET ASSETS

1,231,900

1,020,376

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,231,800

1,020,276

SHAREHOLDERS' FUNDS

1,231,900

1,020,376

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th October 2026 and were signed on its behalf by:

Mr M A Ross - Director

1.	STATUTORY INFORMATION

M R Industrial Services Ltd 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company is party to only basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Research and development expenditure credit

Research and Development Expenditure Credit (RDEC) is recognised when there is a reasonable assurance that the company will comply with the conditions attaching to the credit and that the credit will be received. The credit is recognised within other operating income in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2025 - 53 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st May 2025

211,229

454,672

665,901

Disposals

-

(87,303

)

(87,303

)

At 30th April 2026

211,229

367,369

578,598

DEPRECIATION

At 1st May 2025

188,442

288,719

477,161

Charge for year

7,596

36,636

44,232

Eliminated on disposal

-

(67,895

)

(67,895

)

At 30th April 2026

196,038

257,460

453,498

NET BOOK VALUE

At 30th April 2026

15,191

109,909

125,100

At 30th April 2025

22,787

165,953

188,740

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,959,629

1,888,466

Amounts owed by group undertakings

473,702

600,655

Other debtors

520,616

1,132,773

2,953,947

3,621,894

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

60,000

120,000

Hire purchase contracts (see note 8)

42,145

81,888

Trade creditors

816,647

1,402,716

Taxation and social security

262,544

117,353

Other creditors

780,257

1,101,214

1,961,593

2,823,171

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

60,000

Hire purchase contracts (see note 8)

43,939

98,011

Other creditors

-

107,500

43,939

265,511

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

42,145

81,888

Between one and five years

43,939

98,011

86,084

179,899

Non-cancellable

operating leases

2026

2025

£

£

Within one year

88,420

32,111

Between one and five years

81,780

21,835

170,200

53,946

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

60,000

180,000

Hire purchase contracts

86,084

179,899

Other creditors

500,778

483,517

646,862

843,416

Bank loans are secured under the UK government Coronavirus Business Interruption loan schemes providing a full guarantee on the outstanding amount.

The hire purchase liabilities are secured against the assets to which they relate.

Other creditors include an amount of £500,778 (2025: £483,517) which is secured by a fixed charge over trade debtors.