Company Registration No. 03112316 (England and Wales)
Vear M & E Services Limited
Unaudited accounts
for the year ended 31 March 2026
Vear M & E Services Limited
Unaudited accounts
Contents
Vear M & E Services Limited
Company Information
for the year ended 31 March 2026
Directors
Mr James Rodney Child
Mr Russell David Cameron
Company Number
03112316 (England and Wales)
Registered Office
Unit 4 Old Farm Court
Nursling Street, Rownhams
Southampton
Hampshire
SO16 0AJ
England
Accountants
Power Accountax Limited
Mailbox 3, Solent Business Centre
343 Millbrook Road West
Southampton
SO15 0HW
Vear M & E Services Limited
Statement of financial position
as at 31 March 2026
Tangible assets
54,824
28,810
Inventories
431,151
318,810
Cash at bank and in hand
708,765
162,974
Creditors: amounts falling due within one year
(1,353,467)
(591,569)
Net current assets
874,012
667,746
Total assets less current liabilities
928,836
696,556
Creditors: amounts falling due after more than one year
(354,098)
(283,462)
Net assets
574,738
413,094
Called up share capital
100
100
Profit and loss account
574,638
412,994
Shareholders' funds
574,738
413,094
For the year ending 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2026 and were signed on its behalf by
Mr James Rodney Child
Director
Company Registration No. 03112316
Vear M & E Services Limited
Notes to the Accounts
for the year ended 31 March 2026
Vear M & E Services Limited is a private company, limited by shares, registered in England and Wales, registration number 03112316. The registered office is Unit 4 Old Farm Court, Nursling Street, Rownhams, Southampton, Hampshire, SO16 0AJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance method
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2025
58,809
19,263
78,072
At 31 March 2026
103,098
19,263
122,361
At 1 April 2025
40,202
9,060
49,262
Charge for the year
15,724
2,551
18,275
At 31 March 2026
55,926
11,611
67,537
At 31 March 2026
47,172
7,652
54,824
At 31 March 2025
18,607
10,203
28,810
Vear M & E Services Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Trade debtors
943,802
688,944
Other debtors
143,761
88,587
6
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
12,523
-
Trade creditors
556,226
526,404
Taxes and social security
1,994
57,552
Other creditors
782,724
7,613
*Other creditors amounting to £775,000 were fully settled within three weeks after the year-end of 31 March 2026.
7
Creditors: amounts falling due after more than one year
2026
2025
Loans from directors
315,358
229,722
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Amount due to Director
229,722
-
(85,636)
315,358
229,722
-
(85,636)
315,358
9
Average number of employees
During the year the average number of employees was 19 (2025: 19).