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Registration number: 03042381

Mervyn Brown Associates Limited Unaudited Financial Statements for the Year Ended 28 February 2025
Brebners Chartered Accountants 1 Suffolk Way Sevenoaks Kent TN13 1YL

Mervyn Brown Associates Limited

Statement of Financial Position as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,860 | 2,199
Current assets |  |  |
Debtors | 5 | 58,441 | 64,796
Cash at bank and in hand |  | 153 | 160
|  | 58,594 | 64,956
Creditors: Amounts falling due within one year | 6 | (48,323) | (49,621)
Net current assets |  | 10,271 | 15,335
Total assets less current liabilities |  | 12,131 | 17,534
Creditors: Amounts falling due after more than one year | 6 | (3,518) | (8,688)
Provisions for liabilities |  | (362) | (418)
Net assets |  | 8,251 | 8,428
Capital and reserves |  |  |
Called up share capital |  | 110 | 110
Retained earnings |  | 8,141 | 8,318
Shareholders' funds |  | 8,251 | 8,428

Mervyn Brown Associates Limited

Statement of Financial Position as at 28 February 2025

For the financial year ending 28 February 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of Mervyn Brown Associates Limited has elected not to include a copy of the profit and loss account within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the director on 24 October 2025

.........................................

Mr Peter Lang

Director

Company registration number: 03042381

Mervyn Brown Associates Limited

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

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of consulting structural engineers and architectural design.

2 | Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Going concern

The company made a profit for the year and the director is confident that costs can be easily controlled.
After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly the director has adopted the going concern basis for the preparation of these financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax.
The company recognises revenue based upon the stage of contractual completion of the services provided.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Mervyn Brown Associates Limited

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture, fittings and equipment | 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Mervyn Brown Associates Limited

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

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company during the year, was 2 (2024 - 3).

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 March 2024 | 11,605 | 11,605
Additions | 282 | 282
Disposals | (1,333) | (1,333)
At 28 February 2025 | 10,554 | 10,554
Depreciation
At 1 March 2024 | 9,406 | 9,406
Charge for the year | 579 | 579
Eliminated on disposal | (1,291) | (1,291)
At 28 February 2025 | 8,694 | 8,694
Carrying amount
At 28 February 2025 | 1,860 | 1,860
At 29 February 2024 | 2,199 | 2,199

Mervyn Brown Associates Limited

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

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 5,172 | 16,850
Other debtors | 53,269 | 47,946
| 58,441 | 64,796

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Bank loans and overdrafts | 7 | 9,566 | 12,847
Taxation and social security |  | 25,687 | 23,704
Other creditors |  | 13,070 | 13,070
|  | 48,323 | 49,621

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Loans and borrowings | 7 | 3,518 | 8,688

7 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank loan | 5,163 | 5,035
Bank overdrafts | 4,403 | 7,812
| 9,566 | 12,847

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank loan | 3,518 | 8,688

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the statement of financial position

The total future minimum lease payments under non-cancellable operating leases is £2,033 (2024 - £2,658).

Mervyn Brown Associates Limited

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

9 | Transactions with directors

At 28 February 2025 an amount of £30,647 (2024: £33,072) was due from the director. During the year, there were advances of £33,000 and repayments of £36,312. Interest of £887 (2024: £993) has been charged at 2.25% p.a.. There are no set terms in place.