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REGISTERED NUMBER: 08897093 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

MPH Construction (Lutterworth) Limited

MPH Construction (Lutterworth) Limited (Registered number: 08897093)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MPH Construction (Lutterworth) Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: R Morrow
Mrs K Morrow





SECRETARY: R Morrow





REGISTERED OFFICE: 19 Warren Park Way
Enderby
Leicester
LE19 4SA





REGISTERED NUMBER: 08897093 (England and Wales)





ACCOUNTANTS: Carter & Co
19 Warren Park Way
Enderby
Leicester
LE19 4SA

MPH Construction (Lutterworth) Limited (Registered number: 08897093)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 299,487 179,382

CURRENT ASSETS
Stocks 25,657 -
Debtors 5 80,245 57,401
Cash at bank 75,028 52,992
180,930 110,393
CREDITORS
Amounts falling due within one year 6 82,388 73,308
NET CURRENT ASSETS 98,542 37,085
TOTAL ASSETS LESS CURRENT
LIABILITIES

398,029

216,467

CREDITORS
Amounts falling due after more than one
year

7

(109,389

)

(4,673

)

PROVISIONS FOR LIABILITIES (72,566 ) (34,101 )
NET ASSETS 216,074 177,693

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 215,974 177,593
SHAREHOLDERS' FUNDS 216,074 177,693

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.

MPH Construction (Lutterworth) Limited (Registered number: 08897093)

Balance Sheet - continued
28 February 2025


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 10 April 2025 and were signed on its behalf by:





R Morrow - Director


MPH Construction (Lutterworth) Limited (Registered number: 08897093)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

MPH Construction (Lutterworth) 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 and 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

MPH Construction (Lutterworth) Limited (Registered number: 08897093)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2024 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 564,830
Additions 250,144
Disposals (176,516 )
At 28 February 2025 638,458
DEPRECIATION
At 1 March 2024 385,448
Charge for year 60,686
Eliminated on disposal (107,163 )
At 28 February 2025 338,971
NET BOOK VALUE
At 28 February 2025 299,487
At 29 February 2024 179,382

MPH Construction (Lutterworth) Limited (Registered number: 08897093)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS - continued

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 126,882
Additions 179,339
Disposals (126,882 )
At 28 February 2025 179,339
DEPRECIATION
At 1 March 2024 67,352
Charge for year 29,647
Eliminated on disposal (67,352 )
At 28 February 2025 29,647
NET BOOK VALUE
At 28 February 2025 149,692
At 29 February 2024 59,530

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 79,595 56,897
Prepayments 650 504
80,245 57,401

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Hire purchase contracts 17,932 29,915
Trade creditors 39,661 10,888
Tax 4,324 18,752
Social security and other taxes 3,675 2,566
VAT 1,681 5,693
Other creditors 237 1,473
Directors' current accounts 12,915 2,501
Accrued expenses 1,963 1,520
82,388 73,308

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Hire purchase contracts 109,389 4,673

MPH Construction (Lutterworth) Limited (Registered number: 08897093)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
100 Ordinary £1.00 100 100

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 (2024 - £60,000) were paid to the directors .