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REGISTERED NUMBER: 12814870 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

MUFC Limited

MUFC Limited (Registered number: 12814870)






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


MUFC Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr G A Alfred
Mr S R Jinman
Mr R J Hussey





REGISTERED OFFICE: 17 North Town Moor
Maidenhead
Berkshire
SL6 7JR





REGISTERED NUMBER: 12814870 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chartered Accountants
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN

MUFC Limited (Registered number: 12814870)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 375,000 375,000
Investments 5 425 425
375,425 375,425

CREDITORS
Amounts falling due within one year 6 (426 ) (426 )
NET CURRENT LIABILITIES (426 ) (426 )
TOTAL ASSETS LESS CURRENT LIABILITIES 374,999 374,999

RESERVES
Other reserves 374,999 374,999
374,999 374,999

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 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 surplus or deficit 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 3 January 2025 and were signed on its behalf by:





Mr G A Alfred - Director


MUFC Limited (Registered number: 12814870)

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

1. STATUTORY INFORMATION

MUFC Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful.

- Freehold properties are held under the revaluation method.

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.

Limited by guarantee
The company is limited by guarantee and does not have a share capital.

Every member of the association undertakes to contribute such amount as may be required (not greater than £1) to the assets of the association if it should be wound up while he/she is a member, for payment of the associations debts and liabilities contracted before he/she ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves.

Investments
Investments in subsidiary undertakings are stated at cost less any provisions for impairment in value.

3. EMPLOYEES AND DIRECTORS

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

MUFC Limited (Registered number: 12814870)

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 July 2023
and 30 June 2024 375,000
NET BOOK VALUE
At 30 June 2024 375,000
At 30 June 2023 375,000

The freehold property was purchased from Maidenhead United FC Limited for £1 and has since been revalued to £375,000.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023
and 30 June 2024 425
NET BOOK VALUE
At 30 June 2024 425
At 30 June 2023 425

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 426 426

7. LEASING AGREEMENTS

On March 1, 2014, MUFC Limited entered into a lease agreement with R J West, J E Parsons, and R J Hussey, which spans a 30-year duration and entails a nominal rent. Under the terms of the agreement, Maidenhead United FC Limited is obligated to bear the costs associated with maintaining the premises.