Magdale Testing Station Limited

(Registration number: 13813244)
Balance Sheet as at 30 May 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	18,000	21,000
Tangible assets	5	18,056	19,235
		36,056	40,235
Current assets
Debtors	6	25,704	11,514
Cash at bank and in hand		78,640	77,580
		104,344	89,094
Creditors: Amounts falling due within one year	7	(96,522)	(74,496)
Net current assets		7,822	14,598
Total assets less current liabilities		43,878	54,833
Provisions for liabilities		(3,431)	(4,809)
Net assets		40,447	50,024
Capital and reserves
Retained earnings		40,447	50,024
Shareholders' funds		40,447	50,024

For the financial year ending 30 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 October 2026
 

......................................... T Booth Director

Magdale Testing Station Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 May 2026

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Magdale Testing Station Steps Industrial Park
Honley
Holmfirth
HD9 6RA
England

These financial statements were authorised for issue by the director on 14 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Magdale Testing Station Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 May 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance
Fixtures and fittings	20% reducing balance
Motor vehicles	20% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Magdale Testing Station Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 May 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2025 - 4).

Magdale Testing Station Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 May 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 31 May 2025	30,000	30,000
At 30 May 2026	30,000	30,000
Amortisation
At 31 May 2025	9,000	9,000
Amortisation charge	3,000	3,000
At 30 May 2026	12,000	12,000
Carrying amount
At 30 May 2026	18,000	18,000
At 30 May 2025	21,000	21,000

Magdale Testing Station Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 May 2026

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 31 May 2025	16,459	17,000	33,459
Additions	11,015	-	11,015
Disposals	(2,958)	(15,000)	(17,958)
At 30 May 2026	24,516	2,000	26,516
Depreciation
At 31 May 2025	5,928	8,296	14,224
Charge for the year	2,794	205	2,999
Eliminated on disposal	(1,443)	(7,320)	(8,763)
At 30 May 2026	7,279	1,181	8,460
Carrying amount
At 30 May 2026	17,237	819	18,056
At 30 May 2025	10,531	8,704	19,235

6

Debtors

	2026 £	2025 £
Trade debtors	25,704	11,514
	25,704	11,514

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	18,951	20,860
Accruals and deferred income	2,232	2,092
Other creditors	75,339	51,544
	96,522	74,496