29 February 2024 false No description of principal activity Taxfiler 2024.6 13927229 business:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 13927229 2024-02-28 13927229 2024-02-29 2025-02-28 13927229 business:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 13927229 business:FilletedAccounts 2024-02-29 2025-02-28 13927229 2025-02-28 13927229 business:Director1 2024-02-29 2025-02-28 13927229 business:RegisteredOffice 2024-02-29 2025-02-28 13927229 2024-02-29 13927229 core:WithinOneYear 2025-02-28 13927229 core:WithinOneYear 2024-02-29 13927229 core:AfterOneYear 2025-02-28 13927229 core:AfterOneYear 2024-02-29 13927229 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 13927229 core:ShareCapital core:PreviouslyStatedAmount 2024-02-29 13927229 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 13927229 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-29 13927229 core:PreviouslyStatedAmount 2025-02-28 13927229 core:PreviouslyStatedAmount 2024-02-29 13927229 business:SmallEntities 2024-02-29 2025-02-28 13927229 countries:EnglandWales 2024-02-29 2025-02-28 13927229 core:MotorVehicles 2024-02-29 2025-02-28 13927229 core:ComputerEquipment 2024-02-29 2025-02-28 13927229 core:MotorVehicles 2024-02-28 13927229 core:ComputerEquipment 2024-02-28 13927229 core:MotorVehicles 2025-02-28 13927229 core:ComputerEquipment 2025-02-28 13927229 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 13927229 (England and Wales)
MF property and development limited Unaudited accounts for the period from 29 February 2024 to 28 February 2025
MF property and development limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MF property and development limited Company Information for the period from 29 February 2024 to 28 February 2025
Director
Michael Friel
Company Number
13927229 (England and Wales)
Registered Office
65 ANEURIN CRESCENT MERTHYR TYDFIL CF47 0ST WALES
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MF property and development limited Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
50,041
-
Current assets
Debtors
5
7,241
-
Cash at bank and in hand
3,604
-
10,845
-
Creditors: amounts falling due within one year
6
(13,460)
-
Net current liabilities
(2,615)
-
Total assets less current liabilities
47,426
-
Creditors: amounts falling due after more than one year
7
(50,000)
-
Net liabilities
(2,574)
-
Capital and reserves
Called up share capital
(100)
-
Profit and loss account
(2,474)
-
Shareholders' funds
(2,574)
-
For the period ending 28 February 2025 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 director acknowledges his 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 and authorised for issue on 3 November 2025 and were signed on its behalf by
Michael Friel Director Company Registration No. 13927229
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MF property and development limited Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
MF property and development limited is a private company, limited by shares, registered in England and Wales, registration number 13927229. The registered office is 65 ANEURIN CRESCENT, MERTHYR TYDFIL, CF47 0ST, WALES.
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 period, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18%
Computer equipment
18%
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 29 February 2024
-
-
-
Additions
60,717
309
61,026
At 28 February 2025
60,717
309
61,026
Depreciation
Charge for the period
10,929
56
10,985
At 28 February 2025
10,929
56
10,985
Net book value
At 28 February 2025
49,788
253
50,041
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
7,241
-
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MF property and development limited Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
(5,000)
-
Other creditors
18,460
-
13,460
-
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
50,000
-
8
Average number of employees
During the period the average number of employees was 0 (2024: 0).
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