6 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 05414326 2024-04-01 2025-03-31 05414326 2025-03-31 05414326 2024-03-31 05414326 2023-04-01 2024-03-31 05414326 2024-03-31 05414326 2023-03-31 05414326 bus:Director1 2024-04-01 2025-03-31 05414326 core:WithinOneYear 2025-03-31 05414326 core:WithinOneYear 2024-03-31 05414326 bus:Micro-entities 2024-04-01 2025-03-31 05414326 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05414326 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05414326 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05414326 bus:FullAccounts 2024-04-01 2025-03-31
COMPANY REGISTRATION NUMBER: 05414326
MFS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 March 2025
MFS LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 31st MARCH 2025
CONTENTS
PAGES
Statement of financial position and the notes to the financial statements
1 to 2
MFS LIMITED
STATEMENT OF FINANCIAL POSITION
31 March 2025
2025
2024
£
£
Current assets
273,029
221,343
Creditors: amounts falling due within one year
17,270
6,236
----------
----------
NET CURRENT ASSETS
255,759
215,107
----------
----------
TOTAL ASSETS LESS CURRENT LIABILITIES
255,759
215,107
Accruals and deferred income
25,092
36,252
----------
----------
230,667
178,855
----------
----------
Capital and reserves
230,667
178,855
----------
----------
NOTES TO THE FINANCIAL STATEMENTS
1. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).
2. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
During the year, the director did not undertake any transactions with the company that require disclosure.
3. ACCOUNTING BASIS AND STANDARDS
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105, the Financial Reporting Standard applicable to the Micro-entities regime.
For the year ending 31st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 19 December 2025 , and are signed on behalf of the board by:
T. J. Brack
Director
Company registration number: 05414326
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Aspen House, Spout Lane, Washington, Tyne and Wear, NE37 2AB.