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REGISTERED NUMBER: 10830011 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

MFP MAINTENANCE LTD

MFP MAINTENANCE LTD (REGISTERED NUMBER: 10830011)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

MFP MAINTENANCE LTD

Company Information
for the Year Ended 30 June 2024







DIRECTOR: M S Pritchard





SECRETARY:





REGISTERED OFFICE: 43 Summerfield Avenue
CARDIFF
CF14 3QA





REGISTERED NUMBER: 10830011 (England and Wales)





ACCOUNTANTS: James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY

MFP MAINTENANCE LTD (REGISTERED NUMBER: 10830011)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 108,150 108,150

CURRENT ASSETS
Cash at bank 401 322

CREDITORS
Amounts falling due within one year 5 30,869 26,320
NET CURRENT LIABILITIES (30,468 ) (25,998 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,682

82,152

CREDITORS
Amounts falling due after more than one year 6 76,487 76,487
NET ASSETS 1,195 5,665

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,194 5,664
SHAREHOLDERS' FUNDS 1,195 5,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 24 January 2025 and were signed by:





M S Pritchard - Director


MFP MAINTENANCE LTD (REGISTERED NUMBER: 10830011)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

MFP Maintenance 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. 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 108,150
NET BOOK VALUE
At 30 June 2024 108,150
At 30 June 2023 108,150

MFP MAINTENANCE LTD (REGISTERED NUMBER: 10830011)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors - 1
Taxation and social security - 110
Other creditors 30,869 26,209
30,869 26,320

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 76,487 76,487

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 76,487 76,487

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
M S Pritchard
Balance outstanding at start of year (25,519 ) (24,269 )
Amounts advanced - (2,751 )
Amounts repaid (4,660 ) 1,501
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (30,179 ) (25,519 )

8. ULTIMATE CONTROLLING PARTY

The controlling party is M S Pritchard.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
MFP Maintenance Ltd

The following reproduces the text of the report prepared for the director 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 Director 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 MFP Maintenance Ltd for the year ended 30 June 2024 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 director of MFP Maintenance Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MFP Maintenance Ltd and state those matters that we have agreed to state to the director of MFP Maintenance Ltd 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 MFP Maintenance Ltd and its director for our work or for this report.

It is your duty to ensure that MFP Maintenance 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 loss of MFP Maintenance Ltd. You consider that MFP Maintenance 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 MFP Maintenance 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.






James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY


Date: .............................................