1 September 2023 false No description of principal activity Taxfiler 2024.6 13545627business:PrivateLimitedCompanyLtd2023-09-012024-08-31 135456272023-08-31 135456272023-09-012024-08-31 13545627business:AuditExemptWithAccountantsReport2023-09-012024-08-31 13545627business:FilletedAccounts2023-09-012024-08-31 135456272024-08-31 13545627business:Director12023-09-012024-08-31 13545627business:Director22023-09-012024-08-31 13545627business:RegisteredOffice2023-09-012024-08-31 135456272023-08-31 13545627core:WithinOneYear2024-08-31 13545627core:WithinOneYear2023-08-31 13545627core:AfterOneYear2024-08-31 13545627core:AfterOneYear2023-08-31 13545627core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 13545627core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 13545627core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 13545627core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 13545627core:PreviouslyStatedAmount2024-08-31 13545627core:PreviouslyStatedAmount2023-08-31 13545627business:SmallEntities2023-09-012024-08-31 13545627countries:EnglandWales2023-09-012024-08-31 13545627business:OrdinaryShareClass12023-09-012024-08-31 13545627business:OrdinaryShareClass12022-09-012023-08-31 135456272022-09-012023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13545627 (England and Wales)
MF Design & Build Ltd Unaudited accounts for the year ended 31 August 2024
MF Design & Build Ltd Unaudited accounts Contents
Page
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MF Design & Build Ltd Company Information for the year ended 31 August 2024
Directors
Nigel Neil Forsyth Dennis Murphy
Company Number
13545627 (England and Wales)
Registered Office
Belvoir Lodge Upper Oldfield Park Bath Avon BA2 3JX England
Accountants
Trimantic Accountants 1 Victor House Barnet Road London Colney AL2 1BJ
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MF Design & Build Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
300,000 
250,000 
Current assets
Debtors
- 
41,672 
Cash at bank and in hand
6,972 
60,684 
6,972 
102,356 
Creditors: amounts falling due within one year
(190,726)
(186,224)
Net current liabilities
(183,754)
(83,868)
Total assets less current liabilities
116,246 
166,132 
Creditors: amounts falling due after more than one year
(112,783)
(128,333)
Provisions for liabilities
Deferred tax
(4,483)
(9,833)
Net (liabilities)/assets
(1,020)
27,966 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(1,022)
27,964 
Shareholders' funds
(1,020)
27,966 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by
Nigel Neil Forsyth Director Company Registration No. 13545627
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MF Design & Build Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
MF Design & Build Ltd is a private company, limited by shares, registered in England and Wales, registration number 13545627. The registered office is Belvoir Lodge, Upper Oldfield Park, Bath, Avon, BA2 3JX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. The fair value is determined annually by the directors, on an open market value for existing use basis.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
250,000 
Additions
78,157 
Net loss from fair value adjustments
(28,157)
At 31 August 2024
300,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
41,672 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
101,550 
87,666 
Loans from directors
87,376 
75,999 
Accruals
1,800 
22,559 
190,726 
186,224 
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MF Design & Build Ltd Notes to the Accounts for the year ended 31 August 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
112,783 
128,333 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1.00 each of £1 each
2 
2 
9
Transactions with related parties
At the year end the Company owed £86,000 (2023: £76,000) to a director. The balance is interest free and there is no fixed date for repayment. At the year end the Company owed £86,000 (2023: £76,000) to a shareholder. The balance is interest free and there is no fixed date for repayment.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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