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REGISTERED NUMBER: 13188765 (England and Wales)














Unaudited Financial Statements for the Year Ended 31 March 2023

for

MP INVESTMENTS & PROPERTIES LTD

MP INVESTMENTS & PROPERTIES LTD (REGISTERED NUMBER: 13188765)






Contents of the Financial Statements
for the year ended 31 MARCH 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MP INVESTMENTS & PROPERTIES LTD

Company Information
for the year ended 31 MARCH 2023







DIRECTORS: M S Patel
M C Proctor





REGISTERED OFFICE: 52 Thorburn Road
Weston Favell
Northampton
Northamptonshire
NN3 3DA





REGISTERED NUMBER: 13188765 (England and Wales)





ACCOUNTANTS: Elsby & Co
Thistledown Barn
Holcot Lane
Sywell
Northampton
Northamptonshire
NN6 0BG

MP INVESTMENTS & PROPERTIES LTD (REGISTERED NUMBER: 13188765)

Abridged Balance Sheet
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 127,519 167,788
Investments 5 301,500 301,500
Investment property 6 1,219,242 630,529
1,648,261 1,099,817

CURRENT ASSETS
Debtors 1,197 190
Cash at bank 23,416 46,580
24,613 46,770
CREDITORS
Amounts falling due within one year 1,654,499 1,153,820
NET CURRENT LIABILITIES (1,629,886 ) (1,107,050 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,375

(7,233

)

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 18,373 (7,235 )
SHAREHOLDERS' FUNDS 18,375 (7,233 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

MP INVESTMENTS & PROPERTIES LTD (REGISTERED NUMBER: 13188765)

Abridged Balance Sheet - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by:





M S Patel - Director


MP INVESTMENTS & PROPERTIES LTD (REGISTERED NUMBER: 13188765)

Notes to the Financial Statements
for the year ended 31 MARCH 2023

1. STATUTORY INFORMATION

MP Investments & Properties 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.

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 - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022
and 31 March 2023 201,346
DEPRECIATION
At 1 April 2022 33,558
Charge for year 40,269
At 31 March 2023 73,827
NET BOOK VALUE
At 31 March 2023 127,519
At 31 March 2022 167,788

MP INVESTMENTS & PROPERTIES LTD (REGISTERED NUMBER: 13188765)

Notes to the Financial Statements - continued
for the year ended 31 MARCH 2023

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2022
and 31 March 2023 301,500
NET BOOK VALUE
At 31 March 2023 301,500
At 31 March 2022 301,500

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 630,529
Additions 588,713
At 31 March 2023 1,219,242
NET BOOK VALUE
At 31 March 2023 1,219,242
At 31 March 2022 630,529

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2