REGISTERED NUMBER: 03540220 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

M B HIRST LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M B Hirst

Mrs E J Hirst

REGISTERED OFFICE:

16 Prowse Avenue

Bushey Heath

Hertfordshire

WD23 1JR

REGISTERED NUMBER:

03540220 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Tangible assets

4

395

526

CURRENT ASSETS

Debtors

5

78

38,095

Investments

6

3,808,782

3,734,419

Cash at bank

64,865

207,497

3,873,725

3,980,011

CREDITORS

Amounts falling due within one year

7

73,466

84,454

NET CURRENT ASSETS

3,800,259

3,895,557

TOTAL ASSETS LESS CURRENT LIABILITIES

3,800,654

3,896,083

PROVISIONS FOR LIABILITIES

8

23,431

-

NET ASSETS

3,777,223

3,896,083

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,777,123

3,895,983

SHAREHOLDERS' FUNDS

3,777,223

3,896,083

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by:

M B Hirst - Director

Mrs E J Hirst - Director

1.	STATUTORY INFORMATION

M B Hirst Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue recognition

Revenue from consultancy services is recognised when the company has right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings & equipment

-

25% reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company makes contribution into Self-invested personal pensions (SIPPs). Contributions payable are charged to profit or loss in the period to which they relate.

Investments

Current asset investments relate to investments in bonds and government securities which are publicly traded, which are stated at fair value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

& equipment

£

COST

At 1 April 2025

and 31 March 2026

9,503

DEPRECIATION

At 1 April 2025

8,977

Charge for year

131

At 31 March 2026

9,108

NET BOOK VALUE

At 31 March 2026

395

At 31 March 2025

526

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

7,176

Other debtors

78

30,919

78

38,095

6.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Listed investments

3,808,782

3,734,419

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

2,053

1,830

Taxation and social security

407

11,421

Other creditors

71,006

71,203

73,466

84,454

8.	PROVISIONS FOR LIABILITIES

2026

£

Deferred tax

23,431

Deferred

tax

£

Balance at 1 April 2025

(574

)

Provided during year

24,005

Balance at 31 March 2026

23,431

9.	RELATED PARTY DISCLOSURES

Included within other creditors as at year end is £64,552 (2025: £64,726), an amount owed to the directors of the company. The amount owed is unsecured and there are no specific terms to the repayment of this amount.