Modplan Mechanical & Electrical Inst Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11252920 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2023

for

Modplan Mechanical & Electrical

Installations Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

D Batchelor

C Slade

H M Townsend

REGISTERED OFFICE:

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

REGISTERED NUMBER:

11252920 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Modplan Mechanical & Electrical Installations Ltd for the year ended 31 July 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Modplan Mechanical & Electrical Installations Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Modplan Mechanical & Electrical Installations Ltd and state those matters that we have agreed to state to the Board of Directors of Modplan Mechanical & Electrical Installations Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Modplan Mechanical & Electrical Installations Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Modplan Mechanical & Electrical Installations Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Modplan Mechanical & Electrical Installations Ltd. You consider that Modplan Mechanical & Electrical Installations Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Modplan Mechanical & Electrical Installations Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

9 January 2024

FIXED ASSETS

Tangible assets

5

594

-

CURRENT ASSETS

Debtors

6

40,149

92,031

Cash at bank

19,192

4,179

59,341

96,210

CREDITORS

Amounts falling due within one year

7

88,570

130,213

NET CURRENT LIABILITIES

(29,229

)

(34,003

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(28,635

)

(34,003

)

PROVISIONS FOR LIABILITIES

149

-

NET LIABILITIES

(28,784

)

(34,003

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(28,884

)

(34,103

)

(28,784

)

(34,003

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 5 January 2024 and were signed on its behalf by:

C Slade - Director

D Batchelor - Director

1.	STATUTORY INFORMATION

Modplan Mechanical & Electrical Installations Ltd 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the continuing support of the company's directors and shareholders. If the company were unable to continue in existence for the foreseeable future, adjustments would be necessary to reduce the balance sheet values of assets to their recoverable amounts and to reclassify fixed assets as current assets.

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.

Deferred tax

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

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

673

At 31 July 2023

673

DEPRECIATION

Charge for year

79

At 31 July 2023

79

NET BOOK VALUE

At 31 July 2023

594

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/23

31/7/22

£

£

Trade debtors

29,322

89,037

Other debtors

10,827

2,994

40,149

92,031

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/23

31/7/22

£

£

Trade creditors

34,419

36,959

Amounts owed to group undertakings

32,492

57,435

Taxation and social security

6,928

21,088

Other creditors

14,731

14,731

88,570

130,213

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Modplan Solutions Holdings Limited