Company No: 13144805 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTOR

R W Fox

REGISTERED OFFICE	86-90 Paul Street
	London
	EC2A 4NE
	United Kingdom

COMPANY NUMBER

13144805 (England and Wales)

ACCOUNTANT	Duncan & Toplis Limited
	14 London Road
	Newark
	NG24 1TW

	Note	31.01.2025		31.01.2024
		£		£
Fixed assets
Investment property	3	115,000		115,000
		115,000		115,000
Current assets
Cash at bank and in hand		3,052		3,278
		3,052		3,278
Creditors: amounts falling due within one year	4	( 36,397)		( 36,417)
Net current liabilities		(33,345)		(33,139)
Total assets less current liabilities		81,655		81,861
Creditors: amounts falling due after more than one year	5	( 80,749)		( 80,749)
Net assets		906		1,112
Capital and reserves
Called-up share capital	6	1		1
Fair value reserve		560		560
Profit and loss account		345		551
Total shareholder's funds		906		1,112

For the financial year ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of MPF Property Ltd (registered number: 13144805) were approved and authorised for issue by the Director on 16 September 2025. They were signed on its behalf by:

R W Fox Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

MPF Property Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The 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.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

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

Revenue represents the rents payable and are recognised on the accruals basis.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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.

2. Employees

	31.01.2025		31.01.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Investment property

	Investment property
	£
Valuation
As at 01 February 2024	115,000
As at 31 January 2025	115,000

4. Creditors: amounts falling due within one year

	31.01.2025		31.01.2024
	£		£
Taxation and social security	0		230
Other creditors	36,397		36,187
	36,397		36,417

5. Creditors: amounts falling due after more than one year

	31.01.2025		31.01.2024
	£		£
Bank loans (secured)	80,749		80,749

6. Called-up share capital

	31.01.2025		31.01.2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1