REGISTERED NUMBER: 09532619 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

MORTGAGE BUSINESS FINANCIAL ADVISERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N E Coyne

M G Reeve

D I Oastler

REGISTERED OFFICE:

c/o CBHC Ltd, Suite 3, Steeple House

1st Floor

Church Lane

Chelmsford

Essex

CM1 1NH

REGISTERED NUMBER:

09532619 (England and Wales)

ACCOUNTANTS:

CBHC Limited

Suite 3, Steeple House

Church Lane

Chelmsford

Essex

CM1 1NH

FIXED ASSETS

Tangible assets

4

3,319

14,177

CURRENT ASSETS

Debtors

5

196,007

631,295

Cash at bank

28

299

196,035

631,594

CREDITORS

Amounts falling due within one year

6

159,163

375,134

NET CURRENT ASSETS

36,872

256,460

TOTAL ASSETS LESS CURRENT LIABILITIES

40,191

270,637

CREDITORS

Amounts falling due after more than one year

7

-

(65,248

)

PROVISIONS FOR LIABILITIES

(669

)

(2,694

)

NET ASSETS

39,522

202,695

CAPITAL AND RESERVES

Called up share capital

300

300

Share premium

26,700

26,700

Retained earnings

12,522

175,695

SHAREHOLDERS' FUNDS

39,522

202,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 29 October 2026 and were signed on its behalf by:

M G Reeve - Director

1.	STATUTORY INFORMATION

Mortgage Business Financial Advisers Ltd 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.

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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on 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 or deferred taxation assets and liabilities are not discounted.

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.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

107,373

Disposals

(96,331

)

At 28 February 2026

11,042

DEPRECIATION

At 1 March 2025

93,196

Charge for year

1,107

Eliminated on disposal

(86,580

)

At 28 February 2026

7,723

NET BOOK VALUE

At 28 February 2026

3,319

At 28 February 2025

14,177

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Other debtors

196,007

631,295

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Bank loans and overdrafts

22,522

104,011

Trade creditors

325

465

Taxation and social security

105,539

110,034

Other creditors

30,777

160,624

159,163

375,134

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28/2/26

28/2/25

£

£

Bank loans

-

65,248

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the directors owed the company £116,038 (2025: £108,642).

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £38,967 (2025 - £45,465) by Keith Ashton Estates Limited, £10,800 (2025 - £10,800) by Legal Business Property Lawyers Limited and £NIL (2025 : £440,615) by Mortgage Business Properties Ltd.

The company owed Core Investments (Essex) Limited £10,433 (2025: £10,433) Mortgage Business Residential Ltd £NIL (2025: £139,293) and Core Ltd £10,000 (2025: £Nil).