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MIF Group Of Companies Limited
Unaudited ABRIDGED Financial Statements
For the Period 1 July 2024 to 31 March 2025
Appleby Mall Limited
MIF Group Of Companies Limited
Contents
Contents

| Page
--- | ---
Abridged Statement of Financial Position | 1—2
Notes to the Abridged Financial Statements | 3—4

Page 1
MIF Group Of Companies Limited
Abridged Statement of Financial Position
As At 31 March 2025
Abridged Statement of Financial Position
Registered number: 12666955

| 31 March 2025 | 30 June 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 7,690 |  | 13,893
|  |  | 7,690 |  | 13,893
CURRENT ASSETS
Stocks |  | 30,000 |  | 43,430 |
Debtors |  | 114,524 |  | 77,062 |
Cash at bank and in hand |  | 46,062 |  | 3,923 |
|  | 190,586 |  | 124,415 |
Creditors: Amounts Falling Due Within One Year |  | (70,052 ) |  | (56,506 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 120,534 |  | 67,909
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 128,224 |  | 81,802
Creditors: Amounts Falling Due After More Than One Year |  |  | (286 ) |  | -
PROVISIONS FOR LIABILITIES
Deferred Taxation | 5 |  | - |  | (1,818 )
NET ASSETS |  |  | 127,938 |  | 79,984
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1 |  | 1
Income Statement |  |  | 127,937 |  | 79,983
SHAREHOLDERS' FUNDS |  |  | 127,938 |  | 79,984

Page 1
Page 2
MIF Group Of Companies Limited
Abridged Statement of Financial Position (continued)
As At 31 March 2025
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

M I Finney Director
5 November 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
MIF Group Of Companies Limited
Notes to the Abridged Financial Statements
For the Period 1 July 2024 to 31 March 2025
Notes to the Abridged Financial Statements
1. General Information
MIF Group Of Companies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12666955 . The registered office is 23 Florence Road, Wolverhampton, Staffordshire, WV8 1JD.
The presentation currency of the financial statements is Pound Sterling (£) and are rounded to the nearest £1.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts, rebates and value added taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 20% on cost
Motor Vehicles | 20% on cost
Computer Equipment | 20% on cost

2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2024: 1)
2 1
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MIF Group Of Companies Limited
Notes to the Abridged Financial Statements (continued)
For the Period 1 July 2024 to 31 March 2025
4. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 July 2024 | 30,809
Additions | 455
Disposals | (4,375 )
As at 31 March 2025 | 26,889
Depreciation
As at 1 July 2024 | 16,916
Provided during the period | 4,033
Disposals | (1,750 )
As at 31 March 2025 | 19,199
Net Book Value
As at 31 March 2025 | 7,690
As at 1 July 2024 | 13,893

5. Deferred Taxation
The provision for deferred tax is made up as follows:

| 31 March 2025 |  | 30 June 2024
--- | --- | --- | ---
| £ |  | £
Accelerated capital allowances | - |  | 1,818

6. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 1 July 2024 | 1,818 | 1,818
Deferred taxation | (1,818 ) | (1,818 )

7. Share Capital

| 31 March 2025 |  | 30 June 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
1 Ordinary Shares of £ 1.00 each | 1 |  | 1

8. Ultimate Controlling Party
The controlling party is M I Finney .
Page 4