Management Performance Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 01955862

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,188		22,917

			17,188		22,917
CURRENT ASSETS
Debtors	5	17,025		40,743
Cash at bank and in hand		2,726		7,374

		19,751		48,117
Creditors: Amounts Falling Due Within One Year	6	(16,651 )		(30,487 )

NET CURRENT ASSETS (LIABILITIES)			3,100		17,630

TOTAL ASSETS LESS CURRENT LIABILITIES			20,288		40,547

Creditors: Amounts Falling Due After More Than One Year	7		(6,667 )		(16,667 )

NET ASSETS			13,621		23,880

CAPITAL AND RESERVES
Called up share capital	9		85		85
Capital redemption reserve			65		65
Income Statement			13,471		23,730

SHAREHOLDERS' FUNDS			13,621		23,880

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Management Performance Limited

Statement of Financial Position (continued)

As At 31 March 2025

For the year 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

On behalf of the board

Ms Gillian Bowen

Director

27/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Management Performance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01955862 . The registered office is Cookley End, Swyncombe, Henley-on-Thames, Oxfordshire, RG9 6EQ.

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 and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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	Reducing balance 15%
Motor Vehicles	Reducing balance 25%
Fixtures & Fittings	Reducing balance 25%
Computer Equipment	Straight line on cost 33%

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

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Management Performance Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.

3. Average Number of Employees

Average number of employees, including directors, during the year was 2 (2024: 2)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	54,926	349	8,523	63,798

As at 31 March 2025	54,926	349	8,523	63,798

Depreciation
As at 1 April 2024	32,121	237	8,523	40,881
Provided during the period	5,701	28	-	5,729

As at 31 March 2025	37,822	265	8,523	46,610

Net Book Value
As at 31 March 2025	17,104	84	-	17,188

As at 1 April 2024	22,805	112	-	22,917

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	-	22,805

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	184	184
Other debtors	-	6,392
VAT	1,912	1,518
Other taxes and social security	2,985	2,985
Directors' loan accounts	6,445	17,898

	11,526	28,977

...CONTINUED

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Management Performance Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Due after more than one year
Corporation tax recoverable assets	5,499	11,766

	17,025	40,743

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	13,280
Trade creditors	-	520
Bank loans and overdrafts	10,000	10,000
Other creditors	1,172	1,208
Accruals and deferred income	5,479	5,479

	16,651	30,487

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	6,667	16,667

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	13,801
Less: Finance charges allocated to future periods	-	521

	-	13,280

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	85	85

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Ms Gillian Bowen	17,898	-	11,453	-	6,445

The above loan is unsecured, interest free and repayable on demand.

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