MH Property Developments (S-O-T) Ltd |
Registered Number:09288599 |
For the year ended 31 March 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2022
MH Property Developments (S-O-T) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
MH Property Developments (S-O-T) Ltd
Statement of Financial Position
2021
2022
Property, plant and equipment |
188
250
2
188
250
152,649
178,797
3
Trade and other receivables |
-
30
4
22,290
Cash and cash equivalents |
70,893
249,720
174,939
Trade and other payables: amounts falling due within one year |
(162,843)
(251,531)
5
12,096
(1,811)
Net current liabilities
Total assets less current liabilities |
(1,623)
12,346
397
(48)
Provisions for liabilities |
(1,226)
Net assets/liabilities
12,298
105
10
(1,331)
12,288
(1,226)
12,298
Shareholders' funds
For the year ended 31 March 2022 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 of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Michael Harold Director |
These financial statements were approved and authorised for issue by the Board on 08 June 2022 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2022
MH Property Developments (S-O-T) Ltd
Notes to the Financial Statements
Statutory Information
MH Property Developments (S-O-T) Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 09288599. |
4a Chamberlain Avenue
Stoke on Trent
Staffordshire
ST4 5EW
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial |
statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
2. Property, plant and equipment |
690
690
Provision for depreciation and impairment |
440
Charge for year
62
502
188
250
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For the year ended 31 March 2022
MH Property Developments (S-O-T) Ltd
Notes to the Financial Statements Continued
2021
2022
178,797
152,649
4. Trade and other receivables |
2021
2022
30
-
5. Trade and other payables: amounts falling due within one year |
2021
2022
181
-
251,350
162,843
251,531
162,843
6. Related party transactions |
Included with other creditors is the balance of £50,000 (2021 - £37,243) relating to the directors' loan account. This loan is |
interest free and has no fixed date of repayment. |
The shareholders have loaned the company a total of £250,000. This loan is interest free and has no fixed date of repayment. |
7. Average number of persons employed |
During the year the average number of employees was 1 (2021 : 1)
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