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REGISTERED NUMBER: 12901606 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

MALE FAMILY GROUP LIMITED

MALE FAMILY GROUP LIMITED (REGISTERED NUMBER: 12901606)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


MALE FAMILY GROUP LIMITED (REGISTERED NUMBER: 12901606)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 67,237 71,312
Tangible assets 5 1,052,179 1,059,335
1,119,416 1,130,647

CURRENT ASSETS
Stocks 2,631 8,086
Debtors 6 4,487 3,008
Cash at bank and in hand 15,131 16,610
22,249 27,704
CREDITORS
Amounts falling due within one year 7 324,926 321,343
NET CURRENT LIABILITIES (302,677 ) (293,639 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

816,739

837,008

CREDITORS
Amounts falling due after more than one
year

8

(537,692

)

(552,142

)

PROVISIONS FOR LIABILITIES (85,000 ) (85,000 )
NET ASSETS 194,047 199,866

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 280,337 280,337
Retained earnings (86,390 ) (80,571 )
SHAREHOLDERS' FUNDS 194,047 199,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 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.

MALE FAMILY GROUP LIMITED (REGISTERED NUMBER: 12901606)

BALANCE SHEET - continued
31 AUGUST 2024


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 23 May 2025 and were signed on its behalf by:





N J Male - Director


MALE FAMILY GROUP LIMITED (REGISTERED NUMBER: 12901606)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

Male Family Group Limited is a private company, limited by shares, registered in England & Wales, registered number 12901606. Its registered office is Admiral House, Waterfront East, Brierley Hill, West Midlands, DY5 1XG.

The financial statements are presented in Sterling, which is the functional currency of the company.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 4% on cost
Plant and machinery etc - 15% on cost and at varying rates on cost

Freehold land and buildings are valued using the revaluation model. Revaluations are carried out by qualified individuals with sufficient regularity so that the carrying value does not differ materially from that which would be determined using fair value at the end of the accounting period.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.

All financial assets and liabilities are initially measured at transaction price and subsequently measured at amortised cost.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an assets carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.


MALE FAMILY GROUP LIMITED (REGISTERED NUMBER: 12901606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
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.

Going concern
The accounts have been drawn up on the going concern basis. The company's ongoing activities are dependent upon the continued financial support of its directors and loan creditors, who have undertaken that this support will be given for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 18 ) .

MALE FAMILY GROUP LIMITED (REGISTERED NUMBER: 12901606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 81,500
AMORTISATION
At 1 September 2023 10,188
Charge for year 4,075
At 31 August 2024 14,263
NET BOOK VALUE
At 31 August 2024 67,237
At 31 August 2023 71,312

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 September 2023 1,020,000 57,880 1,077,880
Disposals - (1,500 ) (1,500 )
At 31 August 2024 1,020,000 56,380 1,076,380
DEPRECIATION
At 1 September 2023 - 18,545 18,545
Charge for year - 6,556 6,556
Eliminated on disposal - (900 ) (900 )
At 31 August 2024 - 24,201 24,201
NET BOOK VALUE
At 31 August 2024 1,020,000 32,179 1,052,179
At 31 August 2023 1,020,000 39,335 1,059,335

Cost or valuation at 31 August 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2023 342,986 - 342,986
Cost 677,014 56,380 733,394
1,020,000 56,380 1,076,380

MALE FAMILY GROUP LIMITED (REGISTERED NUMBER: 12901606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


5. TANGIBLE FIXED ASSETS - continued

The freehold land and buildings were valued in March 2023 by a valuer qualified under the RICS qualification. The directors believe that this value is a reasonable estimate of fair value as at 31 August 2024.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 4,487 3,008

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 23,275 24,336
Trade creditors 11,143 12,863
Taxation and social security 15,333 27,813
Other creditors 275,175 256,331
324,926 321,343

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 290,848 312,259
Other creditors 246,844 239,883
537,692 552,142

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 190,539 214,883

9. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 314,123 336,595

The bank loan is secured by way of fixed and floating charges against the assets of the company.

MALE FAMILY GROUP LIMITED (REGISTERED NUMBER: 12901606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


10. RESERVES
Revaluation
reserve
£   
At 1 September 2023
and 31 August 2024 280,337

11. RELATED PARTY DISCLOSURES

The company has received loans from companies under common control. These loan are unsecured, interest free and repayable on demand. At the balance sheet date the amounts due to those companies were as follows:

31.08.2024 31.08.2023
£ £
Company one 246,844 242,114
Company two 16,311 17,434
Company three 150,000 150,000