M P K Controls Limited - Filleted accounts

Registered number

02306555

M P K Controls Limited

Report and Unaudited Accounts

31 March 2025

Collins

Chartered Accountants

West Midlands

M P K Controls Limited
Registered number:		02306555
Balance Sheet
as at 31 March 2025


Notes		2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		67,793		29,253

Current assets
Stocks		21,000		36,000
Debtors	4	527,358		882,583
Cash at bank and in hand		599,361		230,774
		1,147,719		1,149,357

Creditors: amounts falling due within one year	5	(460,220)		(601,099)

Net current assets			687,499		548,258

Total assets less current liabilities			755,292		577,511

Creditors: amounts falling due after more than one year	6		(5,833)		(15,833)


Net assets			749,459		561,678

Capital and reserves
Called up share capital			100		100
Profit and loss account			749,359		561,578

Shareholders' funds			749,459		561,678

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.



P Wicketts
Director
Approved by the board on 12 November 2025

M P K Controls Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

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

	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 when the work is performed.

	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, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles	25% straight line
	Plant,machinery & website	25% reducing balance/50% straight line
	Office equipment	25% reducing balance

	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.

	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			2025		2024
Number					Number

	Average number of persons employed by the company			8		9


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	35,390		69,679		105,069
	Additions	8,058		65,900		73,958
	Disposals	-		(40,470)		(40,470)
	At 31 March 2025	43,448		95,109		138,557

	Depreciation
	At 1 April 2024	26,593		49,223		75,816
	Charge for the year	2,607		16,038		18,645
	On disposals	-		(23,697)		(23,697)
	At 31 March 2025	29,200		41,564		70,764

	Net book value
	At 31 March 2025	14,248		53,545		67,793
	At 31 March 2024	8,797		20,456		29,253




4	Debtors			2025		2024
£					£

	Trade debtors			467,396		788,477
	Deferred tax asset			484		1,839
	Prepayments and accrued income			6,395		7,985
	Vat repayable			53,083		84,282
				527,358		882,583


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			10,000		10,000
	Trade creditors			306,431		480,082
	Corporation tax			121,235		92,189
	Other taxes and social security costs			12,048		5,370
	Directors loans			111		2,582
	Accruals and deferred income			10,395		10,876
				460,220		601,099


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			5,833		15,833


7	Pension commitments

	The company operates an Employee Auto Enrolment Pension Scheme, contributions on behalf of the employees amounted to £5,787 (2024;£6,280).


8	Other information

	M P K Controls Limited is a private company limited by shares and incorporated in England. Its registered office is:
	24 Langfield Road
	Knowle
	Solihull
	West Midland
	B93 9PN