MPF Commercial Ltd

MPF Commercial Ltd
Contents Page
For the year ended 31 March 2025

Company information	1
Accountants' report	2
Balance sheet	3
Notes to the financial statements	4

MPF Commercial Ltd
Company Information
For the year ended 31 March 2025

Directors	Andrew McIndoe Craig Cummings Moffat
Registered Number	SC458692
Registered Office	26 Dickson Street Elgin Industrial Estate Dunfermline Fife KY12 7SN
Accountants	Libratum Accountancy Ltd 96-98 Forrest Street Clarkston Airdrie Lanarkshire ML6 7AG

1

MPF Commercial Ltd Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Libratum Accountancy Ltd 31 March 2025 .................................................... Craig Stirling MAAT Libratum Accountancy Ltd 96-98 Forrest Street Clarkston Airdrie Lanarkshire ML6 7AG 08 December 2025 2

MPF Commercial Ltd
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Libratum Accountancy Ltd
31 March 2025

....................................................
Craig Stirling MAAT
Libratum Accountancy Ltd
96-98 Forrest Street
Clarkston
Airdrie
Lanarkshire
ML6 7AG
08 December 2025

2

Registered Number: SC458692 MPF Commercial Ltd
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	45,441	56,801
		45,441	56,801
Current assets
Debtors	4	113,903	141,434
Cash at bank and in hand		46,885	39,643
		160,788	181,077
Creditors: amount falling due within one year	5	(39,414)	(56,609)
Net current assets		121,374	124,468

Total assets less current liabilities		166,815	181,269
Creditors: amount falling due after more than one year	6	(47,500)	(77,500)
Net assets		119,315	103,769

Capital and reserves
Called up share capital		2	2
Profit and loss account		119,313	103,767
Shareholders' funds		119,315	103,769

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 08 December 2025 and were signed on its behalf by:

-------------------------------
Andrew McIndoe
Director

3

MPF Commercial Ltd
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

MPF Commercial Ltd is a private company, limited by shares, registered in Scotland, registration number SC458692, registration address 26 Dickson Street, Elgin Industrial Estate, Dunfermline, Fife, KY12 7SN.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery etc

5

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 30 (2024 : 23).

3.

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 April 2024	-	-
Additions	142,001	142,001
Disposals	-	-
At 31 March 2025	142,001	142,001
Depreciation
At 01 April 2024	85,200	85,200
Charge for year	11,360	11,360
On disposals	-	-
At 31 March 2025	96,560	96,560
Net book values
Closing balance as at 31 March 2025	45,441	45,441
Opening balance as at 01 April 2024	56,801	56,801

4.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	-	15,392
Amount Owed by Participating Interests	113,903	126,042
	113,903	141,434

5.

Creditors: amount falling due within one year

	2025 £	2024 £
Amounts Owed to Participating Interests	4,160	1,040
Taxation and Social Security	31,024	48,281
Other Creditors	4,230	7,288
	39,414	56,609

6.

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	47,500		77,500
	47,500		77,500

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Registered Number: SC458692
Scotland
MPF COMMERCIAL LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025