REGISTERED NUMBER: 02998039 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

M.C.S. TECHNICAL PRODUCTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Snow

V M Wetherell

SECRETARY:

S J Snow

REGISTERED OFFICE:

83 Cambridge Street

London

SW1V 4PS

REGISTERED NUMBER:

02998039 (England and Wales)

ACCOUNTANTS:

George Hay & Company

Chartered Accountants

83 Cambridge Street

Pimlico

London

SW1V 4PS

FIXED ASSETS

Tangible assets

4

39,900

52,983

CURRENT ASSETS

Stocks

438,138

441,584

Debtors

5

354,258

306,675

Cash at bank

2,426

5,075

794,822

753,334

CREDITORS

Amounts falling due within one year

6

598,317

589,712

NET CURRENT ASSETS

196,505

163,622

TOTAL ASSETS LESS CURRENT LIABILITIES

236,405

216,605

CREDITORS

Amounts falling due after more than one year

7

119,738

171,821

NET ASSETS

116,667

44,784

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

116,567

44,684

SHAREHOLDERS' FUNDS

116,667

44,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st October 2026 and were signed on its behalf by:

S J Snow - Director

1.	STATUTORY INFORMATION

M.C.S. Technical Products Limited 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.

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.

Fixtures and fittings

-

15% 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 only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1st January 2025

40,179

116,254

156,433

Disposals

(334

)

-

(334

)

At 31st December 2025

39,845

116,254

156,099

DEPRECIATION

At 1st January 2025

35,708

67,742

103,450

Charge for year

650

12,128

12,778

Eliminated on disposal

(29

)

-

(29

)

At 31st December 2025

36,329

79,870

116,199

NET BOOK VALUE

At 31st December 2025

3,516

36,384

39,900

At 31st December 2024

4,471

48,512

52,983

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

310,176

243,906

Other debtors

714

129

Tax

-

7,341

Sundry debtors & prepayments

43,368

55,299

354,258

306,675

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

20,833

50,000

Other loans

46,907

46,907

Trade creditors

136,724

222,094

Tax

18,231

-

Social security and other taxes

6,949

4,108

VAT

63,545

37,958

Other creditors

41,340

34,825

Hire purchase

5,537

7,572

Invoice discounting advances

214,169

177,248

Directors' current accounts

44,082

9,000

598,317

589,712

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

20,833

Other loans - 1-2 years

93,814

93,814

Other loans - 2-5 years

22,442

48,407

Hire purchase- 1-2 years

3,482

8,767

119,738

171,821

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

20,833

70,833

Invoice discounting advances

214,169

177,248

235,002

248,081

Bank borrowings are secured by a fixed and floating charge over the companies assets.

The amounts advanced for invoice discounting are secured by a charge on the company's book and other debts.At the balance sheet date factored debts outstanding amounted to £310,176 (2024:£243,906).