13110875 (England and Wales)

10 Kensington Close Abingdon Oxfordshire OX14 5QQ England

Tungsten Wolfram Ltd Stanton Court London N3 2DF

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mckenzie Repairs Ltd for the year ended 31 January 2026 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Mckenzie Repairs Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Mckenzie Repairs Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mckenzie Repairs Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Mckenzie Repairs Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Mckenzie Repairs Ltd. You consider that Mckenzie Repairs Ltd 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 accounts of Mckenzie Repairs Ltd. 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 accounts.

Tungsten Wolfram Ltd Stanton Court London N3 2DF 14 October 2026

Tangible assets

4,920 

4,040 

Debtors

7,731 

716 

Cash at bank and in hand

2,271 

1,144 

(37,022)

(15,615)

(3,052)

(9,579)

Called up share capital

1 

1 

Profit and loss account

(25,153)

(19,295)

For the year ending 31 January 2026 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 financial statements were approved by the Board and authorised for issue on 15 October 2026 and were signed on its behalf by

Kai Peter Christophe Joseph Mckenzie Director Company Registration No. 13110875

Mckenzie Repairs Ltd is a private company, limited by shares, registered in England and Wales, registration number 13110875. The registered office is 10 Kensington Close, Abingdon, Oxfordshire, OX14 5QQ, England.

Year-end 2022 and 2023 statutory accounts contained estimates, for which the 31 January 2022 reported closing reserves were £19,089 and later amended in the 31 January 2023 accounts (comparator period) to £15,658. The reported closing reserves at 31 January 2023 were £20,300. Share capital was de minimis and no dividends were paid or payable in these periods, thus, the director discloses that company net profit/(loss) was the only contributor to the reserves. Taking information reported to HMRC on the CT600 returns, the profit/(loss) before tax was £3,856 and £(5,564) for the years ended 2022 and 2023 respectively. The total of £(1,708) net loss to 31 January 2023 is the expected closing retained earnings figure at 31 January 2023. The director confirms that the amounts reported to HMRC in the CT600 returns were accurate representations of business profit, and that no adjustments were made in converting statutory profit to taxable profit, these are at parity. All else equal, the £20,300 closing reserve balance at 31 January 2023 was overstated by £22,008 and is now adjusted. This adjustment has been made in the current year (year-ended 31 January 2026), separately itemised as a “Loss from changes in provisions” for presentation purposes only, noting software limitations on disclosure headings. It is reported within the Income Statement and further disclosed here in the interest of accounting transparency, the alternative (and allowable under FRS 102) being a retained earnings non-disclosed adjustment.

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.

Motor vehicles

Fixtures & fittings

At cost 

At cost 

At 1 February 2025

16,694 

13,885 

30,579 

Additions

5,800 

- 

5,800 

At 31 January 2026

At 1 February 2025

14,390 

12,149 

26,539 

Charge for the year

4,052 

868 

4,920 

At 31 January 2026

At 31 January 2026

At 31 January 2025

VAT

6,835 

- 

Trade debtors

896 

716 

Trade creditors

1,201 

6,277 

Taxes and social security

41 

- 

Other creditors

1 

2 

Loans from directors

29,694 

2,556 

Accruals

1,608 

2,322 

Deferred income

4,477 

4,458 

Bank loans

1,876 

3,117 

Obligations under finance leases and hire purchase contracts

799 

3,821 

Other creditors

377 

2,641 

During the year the average number of employees was 1 (2025: 1).