M.F.H. Engineering (Holdings) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01393971 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

M.F.H. ENGINEERING (HOLDINGS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Cook

R Harmston

J M Murray

S J Parker

SECRETARY:

R A Cook

REGISTERED OFFICE:

38 East Bank Road

Sheffield

S2 3PS

REGISTERED NUMBER:

01393971 (England and Wales)

ACCOUNTANTS:

Jones Francis Limited

400-402 Richmond Road

Sheffield

South Yorkshire

S13 8LZ

FIXED ASSETS

Tangible assets

4

27,549

33,549

Investments

5

56,658

84,207

90,207

CURRENT ASSETS

Debtors

6

686,747

673,638

Cash at bank

37,296

292,935

724,043

966,573

CREDITORS

Amounts falling due within one year

7

533,410

642,984

NET CURRENT ASSETS

190,633

323,589

TOTAL ASSETS LESS CURRENT
LIABILITIES

274,840

413,796

CREDITORS

Amounts falling due after more than
one year

8

10,487

20,731

NET ASSETS

264,353

393,065

CAPITAL AND RESERVES

Called up share capital

5,302

Other reserves

750

Retained earnings

258,301

387,013

SHAREHOLDERS' FUNDS

264,353

393,065

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 directors acknowledge their 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 Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

R Harmston - Director

1.	STATUTORY INFORMATION

M.f.h. Engineering (Holdings) Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

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.

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

COST

At 1 April 2024

and 31 March 2025

102,283

61,758

1,158,888

1,322,929

DEPRECIATION

At 1 April 2024

68,734

61,758

1,158,888

1,289,380

Charge for year

6,000

-

6,000

At 31 March 2025

74,734

61,758

1,158,888

1,295,380

NET BOOK VALUE

At 31 March 2025

27,549

-

27,549

At 31 March 2024

33,549

-

33,549

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

56,658

NET BOOK VALUE

At 31 March 2025

56,658

At 31 March 2024

56,658

The company's investments at the Balance Sheet date in the share capital of companies include the following:

M.F. Hire Limited

Registered office: 38 East Bank Road, Sheffield, S2 3PS

Nature of business: Plant Hire

%

Class of shares:

holding

Ordinary

100.00

MFH Construction Projects Limited

Registered office: 38 East Bank Road, Sheffield, S2 3PS

Nature of business: Supply of engineering services

%

Class of shares:

holding

Ordinary

100.00

MFH Contract Engineering Services (Leeds) Limited

Registered office: 38 East Bank Road, Sheffield, S2 3PS

Nature of business: Supply of engineering services

%

Class of shares:

holding

Ordinary

100.00

M.F.H. Contract Engineering Services (Leicester) Limited

Registered office: 38 East Bank Road, Sheffield, S2 3PS

Nature of business: Supply of engineering services

%

Class of shares:

holding

Ordinary

100.00

M.F.H. Contract Engineering Services Limited

Registered office: 38 East Bank Road, Sheffield, S2 3PS

Nature of business: Supply of engineering services

%

Class of shares:

holding

Ordinary

100.00

MFH Fleet Services Limited

Registered office: 38 East Bank Road, Sheffield, S2 3PS

Nature of business: Vehicle fleet management services

%

Class of shares:

holding

Ordinary

100.00

MFH Contract Engineering Services Limited

Registered office: 38 East Bank Road, Sheffield, S2 3PS

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

MFH Contract Engineering Services (Manchester) Limited

Registered office: 38 East Bank Road, Sheffield, S2 3PS

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

MFH Electrical Limited

Registered office: 38 East Bank Road, Sheffield, S2 3PS

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

Trojan Engineering (Deepcar) Limited

Registered office: 38 East Bank Road, Sheffield, S2 3PS

Nature of business: Supply of engineering

%

Class of shares:

holding

Ordinary

100.00

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

322,726

333,116

Amounts owed by group undertakings

285,185

248,095

Other debtors

78,836

92,427

686,747

673,638

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

21,362

27,546

Trade creditors

49,291

46,033

Amounts owed to group undertakings

177,993

204,558

Taxation and social security

105,182

88,667

Other creditors

179,582

276,180

533,410

642,984

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.3.25

31.3.24

£

Bank loans

10,487

20,731

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

Within one year

134,463

156,143

Between one and five years

307,144

406,668

441,607

562,811

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

S J Parker

Balance outstanding at start of year

-

11,095

Amounts repaid

-

(11,095

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

R Harmston

Balance outstanding at start of year

-

11,095

Amounts repaid

-

(11,095

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemptions conferred by FRS102 S33 1A, removing the requirement to disclose transactions between group members, where any subsidiary party to the transaction is wholly owned by such member.

12.	PARENT COMPANY

The ultimate parent company is MFH Engineering Holdings 2017 Limited, a company incorporated in England and Wales. Consolidated group accounts are drawn up by MFH Engineering Holdings 2017 Limited. These financial statements are available from 38 East Bank Road, Sheffield, S2 3PS.