REGISTERED NUMBER: 01618217 (England and Wales)

Abridged Financial Statements for the Year Ended 31st August 2025

for

Midwest Forklift Services Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S E Curtis

C A Curtis

SECRETARY:

S E Curtis

REGISTERED OFFICE:

Unit 2 Blackheath Trading Estate

Cakemore Road

Rowley Regis

West Midlands

B65 0QN

REGISTERED NUMBER:

01618217 (England and Wales)

ACCOUNTANTS:

The Richards Sandy Partnership

Thorneloe House

25 Barbourne Road

Worcester

Worcestershire

WR1 1RU

FIXED ASSETS

Tangible assets

4

1,513,086

1,344,110

CURRENT ASSETS

Stocks

24,245

25,000

Debtors

399,773

340,840

Cash at bank and in hand

177,720

173,525

601,738

539,365

CREDITORS

Amounts falling due within one year

1,788,224

1,614,825

NET CURRENT LIABILITIES

(1,186,486

)

(1,075,460

)

TOTAL ASSETS LESS CURRENT LIABILITIES

326,600

268,650

PROVISIONS FOR LIABILITIES

5

325,600

267,650

NET ASSETS

1,000

1,000

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

SHAREHOLDERS' FUNDS

1,000

1,000

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th November 2025 and were signed on its behalf by:

S E Curtis - Director

1.	STATUTORY INFORMATION

Midwest Forklift Services 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.

Plant and machinery etc

-

20% on cost, 15% on reducing balance and 10% on cost

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 17 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2024

3,051,311

Additions

648,372

Disposals

(419,573

)

At 31st August 2025

3,280,110

DEPRECIATION

At 1st September 2024

1,707,201

Charge for year

318,438

Eliminated on disposal

(258,615

)

At 31st August 2025

1,767,024

NET BOOK VALUE

At 31st August 2025

1,513,086

At 31st August 2024

1,344,110

5.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

325,600

267,650

Deferred

tax

£

Balance at 1st September 2024

267,650

Provided during year

57,950

Balance at 31st August 2025

325,600