REGISTERED NUMBER: 06055577 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

MirvSys Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

MS Irving

Mrs JA Irving

SECRETARY:

MS Irving

REGISTERED OFFICE:

37-38 Market Street

Ferryhill

Co. Durham

DL17 8JH

REGISTERED NUMBER:

06055577 (England and Wales)

ACCOUNTANTS:

Little & Neal

37-38 Market Street

Ferryhill

Co. Durham

DL17 8JH

FIXED ASSETS

Tangible assets

4

43,905

63,382

CURRENT ASSETS

Debtors

5

56,333

17,744

Cash at bank

9,727

57,029

66,060

74,773

CREDITORS

Amounts falling due within one year

6

61,806

74,974

NET CURRENT ASSETS/(LIABILITIES)

4,254

(201

)

TOTAL ASSETS LESS CURRENT LIABILITIES

48,159

63,181

CREDITORS

Amounts falling due after more than one year

7

47,978

62,834

NET ASSETS

181

347

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

79

245

SHAREHOLDERS' FUNDS

181

347

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2025 and were signed on its behalf by:

MS Irving - Director

1.	STATUTORY INFORMATION

MirvSys 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on cost and 20% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

107,084

Additions

6,248

Disposals

(2,699

)

At 28 February 2025

110,633

DEPRECIATION

At 1 March 2024

43,702

Charge for year

25,723

Eliminated on disposal

(2,697

)

At 28 February 2025

66,728

NET BOOK VALUE

At 28 February 2025

43,905

At 29 February 2024

63,382

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 March 2024

and 28 February 2025

92,839

DEPRECIATION

At 1 March 2024

32,881

Charge for year

23,209

At 28 February 2025

56,090

NET BOOK VALUE

At 28 February 2025

36,749

At 29 February 2024

59,958

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

5,550

7,770

Other debtors

50,783

9,974

56,333

17,744

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Hire purchase contracts

9,904

17,743

Trade creditors

1,681

2,284

Taxation and social security

45,607

49,578

Other creditors

4,614

5,369

61,806

74,974

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Hire purchase contracts

47,978

62,834