Company registration number:
07690197
MFS Commercials Limited
Unaudited filleted financial statements
31 July 2025
MFS Commercials Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
MFS Commercials Limited
Directors and other information
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Director |
Mr R Stearns |
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Secretary |
Mr R Stearns |
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Company number |
07690197 |
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Registered office |
45/49 Greek Street |
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Stockport |
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Cheshire |
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SK3 8AX |
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Accountants |
Downham Morris & Co |
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45/49 Greek Street |
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Stockport |
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Cheshire |
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SK3 8AX |
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MFS Commercials Limited
Report to the director on the preparation of the
unaudited statutory financial statements of MFS Commercials Limited
Year ended 31st July 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MFS Commercials Limited for the year ended 31st July 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the director of MFS Commercials 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 financial statements of MFS Commercials Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MFS Commercials Limited and its director as a body for our work or for this report.
It is your duty to ensure that MFS Commercials Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MFS Commercials Limited. You consider that MFS Commercials 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 financial statements of MFS Commercials 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 financial statements.
Downham Morris & Co
Chartered Certified Accountants
45/49 Greek Street
Stockport
Cheshire
SK3 8AX
MFS Commercials Limited
Statement of financial position
31st July 2025
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2025 |
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2024 |
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£ |
£ |
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£ |
£ |
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Fixed assets |
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78,519 |
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41,216 |
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_______ |
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_______ |
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Current assets |
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191,280 |
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194,670 |
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Prepayments and accrued income |
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1,400 |
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- |
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_______ |
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_______ |
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192,680 |
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194,670 |
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Creditors: amounts falling due within one year |
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(
126,630) |
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(
136,157) |
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_______ |
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_______ |
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Net current assets |
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66,050 |
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58,513 |
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_______ |
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Total assets less current liabilities |
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144,569 |
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99,729 |
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Creditors: amounts falling due after more than one year |
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(
23,679) |
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(
13,934) |
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Accruals and deferred income |
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(
11,747) |
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(
11,805) |
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_______ |
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Net assets |
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109,143 |
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73,990 |
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_______ |
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Capital and reserves |
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109,143 |
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73,990 |
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_______ |
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Notes to the financial statements
MFS Commercials Limited
Year ended 31st July 2025
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2024:
5
).
2.
Directors advances, credits and guarantees
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During the year the director entered into the following advances and credits with the company: |
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2025 |
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Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
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£ |
£ |
£ |
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Mr R Stearns |
(
69,675) |
10,311 |
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59,364) |
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_______ |
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2024 |
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Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
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£ |
£ |
£ |
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Mr R Stearns |
(
77,651) |
7,976 |
(
69,675) |
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Directors loans are interest free and repayable on demand.
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
22 April 2026
, and are signed on behalf of the board by:
Mr R Stearns
Director
Company registration number:
07690197
The company is a private company limited by shares, registered in England and Wales.