REGISTERED NUMBER: 05450467 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

M P HOLDINGS UK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M P Eckersley

SECRETARY:

Mrs G L Eckersley

REGISTERED OFFICE:

2 Ravenswood Drive

Bolton

Lancashire

BL1 5AJ

REGISTERED NUMBER:

05450467 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

BANKERS:

Bank of Scotland

600 Gorgie Road

Edinburgh

East Lothian

EH11 3XP

FIXED ASSETS

Tangible assets

5

329,600

336,007

CURRENT ASSETS

Cash at bank

4,996

2,023

CREDITORS

Amounts falling due within one year

6

87,720

84,661

NET CURRENT LIABILITIES

(82,724

)

(82,638

)

TOTAL ASSETS LESS CURRENT LIABILITIES

246,876

253,369

CREDITORS

Amounts falling due after more than one year

7

69,219

75,049

NET ASSETS

177,657

178,320

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

110,604

110,604

Retained earnings

66,953

67,616

SHAREHOLDERS' FUNDS

177,657

178,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 27 August 2025 and were signed by:

M P Eckersley - Director

1.	STATUTORY INFORMATION

M P Holdings UK Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. The company adopted FRS102 in the current year and an explanation of how the transition to FRS102 has affected the reported financial position and performance can be found in the notes to the accounts.

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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

310,000

6,687

35,083

351,770

DEPRECIATION

At 1 April 2024

-

4,800

10,963

15,763

Charge for year

-

377

6,030

6,407

At 31 March 2025

-

5,177

16,993

22,170

NET BOOK VALUE

At 31 March 2025

310,000

1,510

18,090

329,600

At 31 March 2024

310,000

1,887

24,120

336,007

Cost or valuation at 31 March 2025 is represented by:

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

Valuation in 2007

45,211

-

-

45,211

Valuation in 2009

(26,000

)

-

-

(26,000

)

Valuation in 2013

91,393

-

-

91,393

Cost

199,396

6,687

35,083

241,166

310,000

6,687

35,083

351,770

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

35,083

DEPRECIATION

At 1 April 2024

10,963

Charge for year

6,030

At 31 March 2025

16,993

NET BOOK VALUE

At 31 March 2025

18,090

At 31 March 2024

24,120

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,035

1,043

Other loans

30,767

36,721

Hire purchase contracts

6,404

6,404

Trade creditors

913

3,748

Tax

1,582

-

VAT

548

564

Other creditors

-

3,129

Deposits held

4,146

2,146

Directors current account

41,005

29,676

Accrued expenses

1,320

1,230

87,720

84,661

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,050

1,059

Bank loans - 2-5 years

3,199

3,225

Bank loans more 5 yr by instal

55,289

54,680

Hire purchase contracts

9,681

16,085

69,219

75,049

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

55,289

54,680

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

60,573

60,007

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

110,604

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are deemed to be Mr and Mrs M P Eckersley by virtue of the fact they jointly own 100% of the issued share capital of the reporting entity.