MRD STORES LIMITED - Filleted accounts

Registered number

14572116

MRD STORES LIMITED

Filleted Accounts

31 January 2026

MRD STORES LIMITED
Registered number:		14572116
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		112,734			10,835

Current assets
Stocks		15,750			79,625
Debtors	4	39,356			38,692
Cash at bank and in hand		21,510			729
		76,616			119,046

Creditors: amounts falling due within one year	5	(73,206)			(84,254)

Net current assets			3,410			34,792

Total assets less current liabilities			116,144			45,627

Creditors: amounts falling due after more than one year	6		(80,765)			(31,330)



Net assets			35,379			14,297

Capital and reserves
Called up share capital			1			1
Profit and loss account			35,378			14,296

Shareholders' funds			35,379			14,297

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr R Devadasan
Director
Approved by the board on 22 October 2026

MRD STORES LIMITED
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years
	Fixtures, fittings, tools and equipment	over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		14		18


3	Tangible fixed assets
					Motor vehicles
£
	Cost
	At 1 February 2025				18,575
	Additions				142,635
	Disposals				(18,575)
	At 31 January 2026				142,635

	Depreciation
	At 1 February 2025				7,740
	Charge for the year				30,288
	On disposals				(8,127)
	At 31 January 2026				29,901

	Net book value
	At 31 January 2026				112,734
	At 31 January 2025				10,835


4	Debtors		2026		2025
£				£

	Trade debtors		4,692		4,692
	Other debtors		34,664		34,000
			39,356		38,692


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Bank loans and overdrafts		6,715		17,441
	Trade creditors		45,533		57,485
	Taxation and social security costs		20,958		5,541
	Other creditors		-		3,787
			73,206		84,254


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		80,765		31,330


7	Other information

	MRD STORES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	24 Cades Close
	Ramsey
	Cambridgeshire
	PE26 1FA