MF Equipment Limited

Registered Number: 02312948 MF Equipment Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	37,208	46,510
Investments	4	2,193,030	2,360,991
		2,230,238	2,407,501
Current assets
Debtors	5	7,227	338
Cash at bank and in hand		11,712	36,095
		18,939	36,433
Creditors: amount falling due within one year	6	(33,906)	(44,073)
Net current assets		(14,967)	(7,640)

Total assets less current liabilities		2,215,271	2,399,861
Creditors: amount falling due after more than one year	7	(48,756)	(48,756)
Net assets		2,166,515	2,351,105

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		2,166,415	2,351,005
Shareholders' funds		2,166,515	2,351,105

For the year ended 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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.
The directors acknowledge 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 provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 22 October 2026 and were signed on its behalf by:

-------------------------------
Michael Finch
Director

MF Equipment Limited
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

MF Equipment Limited is a private company, limited by shares, registered in England and Wales, under 02312948, at Building 1070 Street 1, Westcott Venture Park, Aylesbury, Buckinghamshire, HP18 0XB.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 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 on the going concern basis and under the historical cost convention in accordance with the accounting policies. 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 fair value of engineering services indirectly supplied by the Company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable recognised in the profit and loss account. The Company's liability for current tax is calculated using the tax rates and laws enacted or substantively enacted at the reporting date. Current tax assets and liabilities are not discounted.

Tangible fixed assets

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

Plant and Machinery

20% Reducing Balance

Investments in Subsidiaries

Fixed asset investments are stated at cost less any provision for diminution in value.

2.	Average number of employees Average number of employees during the year was 8 (2025 : 8).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 April 2025	89,748	89,748
Additions	-	-
Disposals	-	-
At 31 March 2026	89,748	89,748
Depreciation
At 01 April 2025	43,238	43,238
Charge for year	9,302	9,302
On disposals	-	-
At 31 March 2026	52,540	52,540
Net book values
Closing balance as at 31 March 2026	37,208	37,208
Opening balance as at 01 April 2025	46,510	46,510

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2025	2,360,991	2,360,991
Additions	(167,961)	(167,961)
Disposals	-	-
At 31 March 2026	2,193,030	2,193,030

Debtors: amounts falling due within one year

	2026 £	2025 £
Corporation Tax	5,930	-
VAT	1,297	338
	7,227	338

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	1,464	1,464
Taxation and Social Security	7,981	17,436
Other Creditors	24,461	25,173
	33,906	44,073

Creditors: amount falling due after more than one year

	2026 £		2025 £
Other Creditors	48,756		48,756
	48,756		48,756

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Ordinary shares of £1.00 each	100		100
	100		100