Company Registration No. 13545627 (England and Wales)
MF Design & Build Ltd
Unaudited accounts
for the year ended 31 August 2025
MF Design & Build Ltd
Unaudited accounts
Contents
MF Design & Build Ltd
Company Information
for the year ended 31 August 2025
Directors
Nigel Neil Forsyth
Dennis Murphy
Company Number
13545627 (England and Wales)
Registered Office
Belvoir Lodge
Upper Oldfield Park
Bath
Avon
BA2 3JX
England
Accountants
Trimantic Accountants
1 Victor House
Barnet Road
London Colney
AL2 1BJ
MF Design & Build Ltd
Statement of financial position
as at 31 August 2025
Investment property
500,000
568,655
Cash at bank and in hand
10,735
6,972
Creditors: amounts falling due within one year
(253,126)
(190,726)
Net current liabilities
(240,191)
(183,754)
Total assets less current liabilities
259,809
384,901
Creditors: amounts falling due after more than one year
(482,049)
(381,438)
Provisions for liabilities
Deferred tax
(37,252)
(4,483)
Net liabilities
(259,492)
(1,020)
Called up share capital
2
2
Profit and loss account
(259,494)
(1,022)
Shareholders' funds
(259,492)
(1,020)
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2026 and were signed on its behalf by
Nigel Neil Forsyth
Director
Company Registration No. 13545627
MF Design & Build Ltd
Notes to the Accounts
for the year ended 31 August 2025
MF Design & Build Ltd is a private company, limited by shares, registered in England and Wales, registration number 13545627. The registered office is Belvoir Lodge, Upper Oldfield Park, Bath, Avon, BA2 3JX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.
Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss.
Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The fair value is determined annually by the directors, on an open market value for existing use basis.
Government grants in relation to tangible fixed assets are accounted for using the accrual model and are credited to profit and loss account over the useful lives of the related assets,
Grants relating to structural improvements and rennovation of investment properties are recognised at the fair value of the asset received when there is reasonable assurance that the company will comply with the conditions attaching to them. They are classified as deferred income within creditors and are released to the profit and loss account on a systematic basis over the expected useful economic life of the related asset.
Fair value at 1 September 2024
568,655
Net loss from fair value adjustments
(243,670)
Amounts falling due within one year
MF Design & Build Ltd
Notes to the Accounts
for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
Other creditors
131,550
101,550
Loans from directors
117,376
87,376
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
97,227
112,783
Deferred income
384,822
268,655
Allotted, called up and fully paid:
2 Ordinary shares of £1.00 each of £1 each
2
2
9
Transactions with related parties
At the year end the Company owed £116,000 (2024 £86,000) to a director. The balance is interest free and there is no fixed date for repayment.
At the year end the Company owed £116,000 (2024: £86,000) to a shareholder. The balance is interest free and there is no fixed date for repayment.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).