Registration number: 10333826

MSU Dorchester Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 10

MSU Dorchester Limited

Company Information

Directors	M Sams L H Sams

Registered office

Stafford House 10 Prince Of Wales Road DORCHESTER Dorset DT1 1PW

Accountants

Kennedy Legg Stafford House 10 Prince Of Wales Road DORCHESTER Dorset DT1 1PW

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
MSU Dorchester Limited
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MSU Dorchester Limited for the year ended 31 March 2025 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of MSU Dorchester Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of MSU Dorchester Limited and state those matters that we have agreed to state to the Board of Directors of MSU Dorchester Limited.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MSU Dorchester Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that MSU Dorchester Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MSU Dorchester Limited. You consider that MSU Dorchester Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of MSU Dorchester Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Kennedy Legg
 
Stafford House
10 Prince Of Wales Road
DORCHESTER
Dorset
DT1 1PW

15 December 2025

MSU Dorchester Limited

(Registration number: 10333826)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	6,770	7,912
Current assets
Cash at bank and in hand		31,313	37,438
Creditors: Amounts falling due within one year	5	(36,124)	(39,986)
Net current liabilities		(4,811)	(2,548)
Total assets less current liabilities		1,959	5,364
Creditors: Amounts falling due after more than one year	5	(535)	(3,744)
Provisions for liabilities		(1,286)	(1,503)
Net assets		138	117
Capital and reserves
Called up share capital	6	100	100
Retained earnings		38	17
Shareholders' funds		138	117

For the financial 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.

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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

MSU Dorchester Limited

(Registration number: 10333826)
Balance Sheet as at 31 March 2025

Approved and authorised by the Board on 15 December 2025 and signed on its behalf by:
 

......................................... M Sams Director

MSU Dorchester Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Stafford House
10 Prince Of Wales Road
DORCHESTER
Dorset
DT1 1PW

These financial statements were authorised for issue by the Board on 15 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

MSU Dorchester Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance basis
Office equipment	20% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

MSU Dorchester Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

MSU Dorchester Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 April 2024	19,147	550	19,697
Additions	-	550	550
At 31 March 2025	19,147	1,100	20,247
Depreciation
At 1 April 2024	11,416	369	11,785
Charge for the year	1,546	146	1,692
At 31 March 2025	12,962	515	13,477
Carrying amount
At 31 March 2025	6,185	585	6,770
At 31 March 2024	7,731	181	7,912

MSU Dorchester Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		3,209	3,209
Trade creditors		-	23,832
Taxation and social security		1,793	1,331
Accruals and deferred income		1,588	3,384
Other creditors		29,534	8,230
		36,124	39,986

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		535	3,744

MSU Dorchester Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
ordinary share of £1 each	100	100	100	100

7	Related party transactions

Summary of transactions with other related parties

M&L Sams is a partnership in which M and L H Sams are partners.
Rent is charged for the use of the premises at arms length.

Expenditure with and payables to related parties

2025	Other related parties £
Leases	11,040

2024	Other related parties £
Leases	10,500