MPN ACCESSORIES LTD

MPN ACCESSORIES LTD
Statement of Financial Position
As at 31 July 2025

	2025
	£	£
Fixed assets		8,400
Current assets	21,224
Creditors: amount falling due within one year	(53,721)
Net current assets		(32,497)
Total assets less current liabilities		(24,097)
Creditors: amount falling due after more than one year		(20,000)
Net assets		(44,097)


Capital and reserves		(44,097)

NOTES TO THE ACCOUNTS

General Information

MPN ACCESSORIES LTD is a private company, limited by shares, registered in , registration number 15833521, registration address .

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets

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

Computer Equipment

4 Years Straight Line

Intangible fixed assets

Cost	Other	Total
	£	£
At 11 July 2024	-	-
Additions	4,800	4,800
Disposals	-	-
At 31 July 2025	4,800	4,800
Amortisation
At 11 July 2024	-	-
Charge for period	-	-
On disposals	-	-
At 31 July 2025	-	-
Net book values
At 31 July 2025	4,800	4,800
At 10 July 2024	-	-

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 11 July 2024	-	-
Additions	3,600	3,600
Disposals	-	-
At 31 July 2025	3,600	3,600
Depreciation
At 11 July 2024	-	-
Charge for period	-	-
On disposals	-	-
At 31 July 2025	-	-
Net book values
Closing balance as at 31 July 2025	3,600	3,600
Opening balance as at 11 July 2024	-	-

4.	Average number of employees Average number of employees during the period was 0.

For the period ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the micro-entity provisions.

The financial statements were approved by the director on 11 July 2026 and were signed by:

--------------------------------
NAZIR Muhammad Bilal
Director

Registered Number: 15833521

MPN ACCESSORIES LTD

Unaudited Financial Statements

Period of accounts Start date: 11 July 2024 End date: 31 July 2025