REGISTERED NUMBER: 08897093 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

MPH Construction (Lutterworth) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Morrow

SECRETARY:

R Morrow

REGISTERED OFFICE:

19 Warren Park Way

Enderby

Leicester

LE19 4SA

REGISTERED NUMBER:

08897093 (England and Wales)

ACCOUNTANTS:

Carter & Co

19 Warren Park Way

Enderby

Leicester

LE19 4SA

FIXED ASSETS

Tangible assets

4

305,334

299,487

CURRENT ASSETS

Stocks

-

25,657

Debtors

5

159,878

80,245

Cash at bank

49,356

75,028

209,234

180,930

CREDITORS

Amounts falling due within one year

6

145,085

82,388

NET CURRENT ASSETS

64,149

98,542

TOTAL ASSETS LESS CURRENT LIABILITIES

369,483

398,029

CREDITORS

Amounts falling due after more than one year

7

(127,878

)

(109,389

)

PROVISIONS FOR LIABILITIES

(68,059

)

(72,566

)

NET ASSETS

173,546

216,074

CAPITAL AND RESERVES

Called up share capital

8

75

100

Retained earnings

9

173,471

215,974

SHAREHOLDERS' FUNDS

173,546

216,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 April 2026 and were signed by:

R Morrow - Director

1.	STATUTORY INFORMATION

MPH Construction (Lutterworth) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

638,458

Additions

98,176

Disposals

(21,724

)

At 28 February 2026

714,910

DEPRECIATION

At 1 March 2025

338,971

Charge for year

89,231

Eliminated on disposal

(18,626

)

At 28 February 2026

409,576

NET BOOK VALUE

At 28 February 2026

305,334

At 28 February 2025

299,487

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 March 2025

179,339

Additions

57,080

At 28 February 2026

236,419

DEPRECIATION

At 1 March 2025

29,647

Charge for year

46,537

At 28 February 2026

76,184

NET BOOK VALUE

At 28 February 2026

160,235

At 28 February 2025

149,692

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

141,930

79,595

Other debtors

11

-

VAT

17,448

-

Prepayments

489

650

159,878

80,245

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Hire purchase contracts

38,800

17,932

Trade creditors

80,687

39,661

Tax

15,365

4,324

Social security and other taxes

-

3,675

VAT

-

1,681

Other creditors

2,953

237

Directors' current accounts

5,004

12,915

Accrued expenses

2,276

1,963

145,085

82,388

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Hire purchase contracts

127,878

109,389

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

75

Ordinary

£1.00

75

100

On 7th March 2025, the company purchased 8 of its own Ordinary £1 shares at a price of £2,400 per share. The total consideration paid was £19,200, which was financed from the company’s retained earnings.

On 7th September 2025, the company purchased 8 of its own Ordinary £1 shares at a price of £2,400 per share. The total consideration paid was £19,200, which was financed from the company’s retained earnings.

On 6th February 2026, the company purchased 9 of its own Ordinary £1 shares at a price of £2,400 per share. The total consideration paid was £21,600, which was financed from the company’s retained earnings.

The purpose of this purchase was to provide liquidity to a retiring shareholder.

The shares were purchased by the company at market value and were immediately cancelled. As a result, the nominal value of the ordinary share capital was reduced by £25 and the share capital reduction reserve was increased by an equivalent amount. The premium paid on the purchase of £59,975 (£60,000 - £25) was charged against Retained Earnings.

Following the purchase, the total number of issued Ordinary shares is 75 (previously 100).

9.

RESERVES

Retained

earnings

£

At 1 March 2025

215,974

Profit for the year

62,472

Dividends

(45,000

)

Purchase of own shares

(59,975

)

At 28 February 2026

173,471

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £45,000 (2025 - £60,000) were paid to the directors .