Registration number: 07930901

MRFS Investments Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 8

MRFS Investments Limited

Company Information

Director

Mr Andrew James Mackie

Registered office

316 Blackpool Road Fulwood Preston Lancashire PR2 3AE

Accountants

McDade Roberts Accountants Ltd Chartered Accountants316 Blackpool Road Preston Lancashire PR2 3AE

MRFS Investments Limited

(Registration number: 07930901)
Statement of Financial Position as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	405,718	467,591
Current assets
Cash at bank and in hand		19,808	12,793
Creditors: Amounts falling due within one year	6	(382,103)	(294,269)
Net current liabilities		(362,295)	(281,476)
Total assets less current liabilities		43,423	186,115
Creditors: Amounts falling due after more than one year	6	(100,560)	(238,016)
Net liabilities		(57,137)	(51,901)
Capital and reserves
Called up share capital		1	1
Retained earnings		(57,138)	(51,902)
Shareholders' deficit		(57,137)	(51,901)

For the financial year ending 31 December 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 year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 1 September 2026
 

......................................... Mr Andrew James Mackie Director

MRFS Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

These financial statements were authorised for issue by the director on 1 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company has net liabilities, it however is supported by its director and an associated company, MR Financial Services Limited with all borrowings being cross guaranteed.

The Director of MR Financial Services Ltd has given personal guarantees in order to secure the financing of the purchase of Goodwill.

Therefore the accounts have been prepared on the going concern basis

Revenue recognition

Turnover represents the Licence fees charged.

Income is recognised as the right to it becomes an obligation.

MRFS Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & Fittings	25% on cost

Goodwill

Goodwill represents the purchase of a number of client banks of Independent Financial Advisers.

Licence fees are charged for the use of the client data.

Goodwill is being amortised over a 10 year period from acquisition, this is reviewed periodically.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10 year straight line

MRFS Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

MRFS Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2025	885,733	885,733
At 31 December 2025	885,733	885,733
Amortisation
At 1 January 2025	418,142	418,142
Amortisation charge	61,873	61,873
At 31 December 2025	480,015	480,015
Carrying amount
At 31 December 2025	405,718	405,718
At 31 December 2024	467,591	467,591

5	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 January 2025	1,000	1,000
At 31 December 2025	1,000	1,000
Depreciation
At 1 January 2025	1,000	1,000
At 31 December 2025	1,000	1,000
Carrying amount
At 31 December 2025	-	-

6

Creditors

Creditors: amounts falling due within one year

MRFS Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

6	Creditors (continued)

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	7	30,584	35,024
Amounts owed to group undertakings and undertakings in which the company has a participating interest	8	226,602	137,630
Taxation and social security		18,046	14,744
Other creditors		106,871	106,871
		382,103	294,269

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	7	100,560	238,016

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	4,167
Other borrowings	100,560	233,849
	100,560	238,016

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	4,167	12,086
Other borrowings	26,417	22,938
	30,584	35,024

8	Related party transactions

Summary of transactions with other related parties

MRFS Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

8	Related party transactions (continued)

Companies with common control
During the period the company received licence fees totalling £83,700 (31.12.24: £83,700) from companies with common control.

The company also had loans outstanding to companies with common control during the year. The loans were interest free and repayable on demand. The combined total outstanding at the year end was £226,602 (31.12.24: £137,630).