Merlion Property Limited 11980727 false 2022-06-01 2023-05-31 2023-05-31 The principal activity of the company is that of a property company. Digita Accounts Production Advanced 6.30.9574.0 true 11980727 2022-06-01 2023-05-31 11980727 2023-05-31 11980727 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 11980727 core:Non-currentFinancialInstruments core:AfterOneYear 2023-05-31 11980727 bus:Micro-entities 2022-06-01 2023-05-31 11980727 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 11980727 bus:FullAccounts 2022-06-01 2023-05-31 11980727 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 11980727 bus:RegisteredOffice 2022-06-01 2023-05-31 11980727 bus:Director1 2022-06-01 2023-05-31 11980727 bus:Director2 2022-06-01 2023-05-31 11980727 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 11980727 bus:Agent1 2022-06-01 2023-05-31 11980727 countries:EnglandWales 2022-06-01 2023-05-31 11980727 2021-06-01 2022-05-31 11980727 2022-05-31 11980727 core:CurrentFinancialInstruments core:WithinOneYear 2022-05-31 11980727 core:Non-currentFinancialInstruments core:AfterOneYear 2022-05-31 iso4217:GBP xbrli:pure

Registration number: 11980727

Merlion Property Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2023

 

Merlion Property Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

Merlion Property Limited

Company Information

Directors

Mr Chin Pong Phang

Dr Li Lee Peng

Registered office

C/O Williamson & Croft
York House
20 York Street
Manchester
M2 3BB

Accountants

Williamson Croft Accountants Limited
Chartered Certified Accountants
York House
20 York Street
Manchester
M2 3BB

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Merlion Property Limited
for the Year Ended 31 May 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Merlion Property Limited for the year ended 31 May 2023 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Merlion Property Limited, as a body, in accordance with the terms of our engagement letter dated 20 May 2019. Our work has been undertaken solely to prepare for your approval the accounts of Merlion Property Limited and state those matters that we have agreed to state to the Board of Directors of Merlion Property Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Merlion Property Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Merlion Property Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Merlion Property Limited. You consider that Merlion Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Merlion Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Williamson Croft Accountants Limited
Chartered Certified Accountants
York House
20 York Street
Manchester
M2 3BB

11 October 2023

 

Merlion Property Limited

(Registration number: 11980727)
Balance Sheet as at 31 May 2023

2023
£

2022
£

Fixed assets

663,749

665,445

Current assets

13,330

5,706

Prepayments and accrued income

3,049

-

Creditors: Amounts falling due within one year

(473,044)

(473,381)

Net current liabilities

(456,665)

(467,675)

Total assets less current liabilities

207,084

197,770

Creditors: Amounts falling due after more than one year

(194,107)

(194,107)

Accruals and deferred income

(3,093)

(1,800)

 

9,884

1,863

Capital and reserves

9,884

1,863

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:
C/O Williamson & Croft
York House
20 York Street
Manchester
M2 3BB
United Kingdom

These financial statements were authorised for issue by the Board on 11 October 2023.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are presented in sterling which is the functional currency of the company.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

For the financial year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

 

Merlion Property Limited

(Registration number: 11980727)
Balance Sheet as at 31 May 2023

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 directors acknowledge their 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 in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 11 October 2023 and signed on its behalf by:
 

.........................................
Mr Chin Pong Phang
Director