MFAM Real Estate Limited - Filleted accounts

Registered number

15724503

MFAM Real Estate Limited

Filleted Accounts

31 May 2025

MFAM Real Estate Limited
Registered number:		15724503
Balance Sheet
as at 31 May 2025

Notes			2025
£
Fixed assets
Investments	3		740,090

Current assets
Debtors	4	3,341

Creditors: amounts falling due within one year	5	(732,024)

Net current liabilities			(728,683)

Net assets			11,407

Capital and reserves
Called up share capital			1,000
Profit and loss account			10,407

Shareholder's funds			11,407

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mohamad Ismail
Director
Approved by the board on 20 April 2026

MFAM Real Estate Limited
Notes to the Accounts
for the period from 16 May 2024 to 31 May 2025


1	Accounting policies

	Basis of preparation
	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 Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Investment properties
	Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss. Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2025
Number

	Average number of persons employed by the company	0


3	Investments

Investments
properties
£
	Cost
	Additions		740,090

	At 31 May 2025		740,090
	The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors. The directors having suitable knowledge and experience considered the above valuation to be a fair reflection of the value of the investment property as at 31 May 2025.


4	Debtors	2025
£

	Trade debtors	3,341


5	Creditors: amounts falling due within one year	2025
£

	Taxation and social security costs	2,442
	Other creditors	729,582
		732,024


6	Other information

	MFAM Real Estate Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Apartment 41
	12 Hermitage Street
	London
	W2 1BH