MSLP Ltd

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12401127

		31 March 2026		31 March 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3		1,620		2,159

			1,620		2,159
CURRENT ASSETS
Debtors	4	-		2,073
Cash at bank and in hand		39,391		33,723

		39,391		35,796
Creditors: Amounts Falling Due Within One Year	5	(6,136 )		(6,331 )

NET CURRENT ASSETS (LIABILITIES)			33,255		29,465

TOTAL ASSETS LESS CURRENT LIABILITIES			34,875		31,624

PROVISIONS FOR LIABILITIES
Deferred Taxation			(308 )		(410 )

NET ASSETS			34,567		31,214

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			34,467		31,114

SHAREHOLDERS' FUNDS			34,567		31,214

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MSLP Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr M Liyanage

Director

18th September 2026

The notes on pages 3 to 5 form part of these financial statements.

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

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

1.2. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Computer Equipment	25% reducing balance

1.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 2 (2025: 2)

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MSLP Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

3. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	765	2,621	3,386

As at 31 March 2026	765	2,621	3,386

Depreciation
As at 1 April 2025	223	1,004	1,227
Provided during the period	135	404	539

As at 31 March 2026	358	1,408	1,766

Net Book Value
As at 31 March 2026	407	1,213	1,620

As at 1 April 2025	542	1,617	2,159

4. Debtors

	31 March 2026	31 March 2025
	£	£
Due within one year
Trade debtors	-	2,073

	-	2,073

5. Creditors: Amounts Falling Due Within One Year

	31 March 2026	31 March 2025
	£	£
Other creditors	480	620
Taxation and social security	5,656	5,711

	6,136	6,331

6. Share Capital

	31 March 2026	31 March 2025
	£	£
Allotted, Called up and fully paid	100	100

7. Ultimate Controlling Party

The company's ultimate controlling party is Dr M Liyanage.

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MSLP Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. General Information

MSLP Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12401127 . The registered office is 9a Reeds Farm Estate, Roxwell Road, Writtle, Chelmsford, Essex, CM1 3ST.

The trading address is 15 Abbey Fields, East Hanningfield, Essex, CM3 8XB.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The company had changed its accounting reference date last year. This change was made to align the company’s financial year end with the UK tax year, thereby simplifying tax reporting and administration. As a result, the current year is now reflecting a full year to 31st March 2026 but the period to 31st March 2025 covered a 14 month period. Therefore the 2025 results are not entirley comparable at present.

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