MF Equipment (UK) LLP

Registered Number: OC309898 MF Equipment (UK) LLP
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	568,146	71,396
Investments	4	784,377	784,377
		1,352,523	855,773
Current assets
Stocks	5	816,341	69,500
Debtors	6	414,243	655,177
Cash at bank and in hand		1,236,527	1,427,194
		2,467,111	2,151,871
Creditors: amount falling due within one year	7	(1,505,121)	(1,013,364)
Net current assets		961,990	1,138,507

Total assets less current liabilities		2,314,513	1,994,280
Creditors: amount falling due after more than one year	8	(299,250)	(62,475)
Net assets		2,015,263	1,931,805

Represented by:
Loans and other debts due to members		1,155,472	1,067,280
Members
Other reserves		859,791	864,525
		859,791	864,525
		2,015,263	1,931,805

Total members
Loans and other debts due to members		1,155,472	1,067,280
Members		859,791	864,525
		2,015,263	1,931,805

For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions applicable to LLPs subject to the small LLPs regime.The LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006

These accounts were approved by the members and signed on their behalf by:

.............................................................................
Michael Finch
Designated Member
Date approved by the members: 31 December 2025

MF Equipment (UK) LLP
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

MF Equipment (UK) LLP is a limited liability partnership, registered in England and Wales, under OC309898, at Building 1070 Street 1, Westcott Venture Park, Aylesbury, Buckinghamshire, HP18 0XB. The presentation currency is £ sterling, which is also the operational currency of the LLP.

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 the Republic of Ireland (as applied to small entities by Section 1A of the standard), and the Companies Act 2006.

Going concern basis

The Proprietors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included in the profit and loss account.

Tangible fixed assets

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

Plant and Machinery

20%

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

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.

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

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 April 2024	444,706	444,706
Additions	654,016	654,016
Disposals	(97,611)	(97,611)
At 31 March 2025	1,001,111	1,001,111
Depreciation
At 01 April 2024	373,310	373,310
Charge for year	142,038	142,038
On disposals	(82,383)	(82,383)
At 31 March 2025	432,965	432,965
Net book values
Closing balance as at 31 March 2025	568,146	568,146
Opening balance as at 01 April 2024	71,396	71,396

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	784,377	784,377
Additions	-	-
Disposals	-	-
At 31 March 2025	784,377	784,377

Stocks

	2025 £		2024 £
Stocks	816,341		69,500
	816,341		69,500

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	315,652	556,586
Other Debtors	98,591	98,591
	414,243	655,177

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	1,118,670	619,032
Bank Loans & Overdrafts	83,850	67,030
Taxation and Social Security	10,155	25,134
Obligations under HP/Financial Leases	218,000	-
Other Creditors	74,446	302,168
	1,505,121	1,013,364

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts	-	62,475
Obligations under HP/Financial Leases	299,250	-
	299,250	62,475

9.	Loans and Other Debts Due to Members In the event of a winding-up, the amounts included in "Loans and advances, other debts due to members" will rank equally with unsecured creditors.

Registered Number: OC309898
England and Wales
MF EQUIPMENT (UK) LLP

Unaudited Financial Statements

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