1 August 2022 false No description of principal activity Taxfiler 2023.10 06644798business:PrivateLimitedCompanyLtd2022-08-012023-07-31 066447982022-07-31 066447982022-08-012023-07-31 06644798business:AuditExempt-NoAccountantsReport2022-08-012023-07-31 06644798business:FilletedAccounts2022-08-012023-07-31 066447982023-07-31 06644798business:Director12022-08-012023-07-31 06644798business:RegisteredOffice2022-08-012023-07-31 066447982022-07-31 06644798core:WithinOneYear2023-07-31 06644798core:WithinOneYear2022-07-31 06644798core:AfterOneYear2023-07-31 06644798core:AfterOneYear2022-07-31 06644798core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 06644798core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 06644798core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 06644798core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 06644798core:PreviouslyStatedAmount2023-07-31 06644798core:PreviouslyStatedAmount2022-07-31 06644798business:SmallEntities2022-08-012023-07-31 06644798countries:EnglandWales2022-08-012023-07-31 06644798core:ComputerEquipment2022-08-012023-07-31 06644798core:LandBuildings2022-07-31 06644798core:FurnitureFittings2022-07-31 06644798core:ComputerEquipment2022-07-31 06644798core:LandBuildings2022-08-012023-07-31 06644798core:FurnitureFittings2022-08-012023-07-31 06644798core:LandBuildings2023-07-31 06644798core:FurnitureFittings2023-07-31 06644798core:ComputerEquipment2023-07-31 066447982021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. 06644798 (England and Wales)
MAKAY PROPERTIES LTD Unaudited accounts for the year ended 31 July 2023
MAKAY PROPERTIES LTD Unaudited accounts Contents
Page
- 2 -
MAKAY PROPERTIES LTD Company Information for the year ended 31 July 2023
Director
Makanjuola Akinyemi
Company Number
06644798 (England and Wales)
Registered Office
2 CROFT CLOSE BELVEDERE KENT DA17 5NP
Accountants
Trinity Essex Limited 111 High Street Sittingbourne Kent ME10 4AJ
- 3 -
MAKAY PROPERTIES LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
736,295 
3,355 
Current assets
Debtors
- 
11,697 
Cash at bank and in hand
13,910 
12,179 
13,910 
23,876 
Creditors: amounts falling due within one year
(1,247)
(1,631)
Net current assets
12,663 
22,245 
Total assets less current liabilities
748,958 
25,600 
Creditors: amounts falling due after more than one year
(732,800)
- 
Net assets
16,158 
25,600 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
16,058 
25,500 
Shareholders' funds
16,158 
25,600 
For the year ending 31 July 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 November 2023 and were signed on its behalf by
Makanjuola Akinyemi Director Company Registration No. 06644798
- 4 -
MAKAY PROPERTIES LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
MAKAY PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 06644798. The registered office is 2 CROFT CLOSE, BELVEDERE, KENT, DA17 5NP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20%
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
- 
2,394 
4,795 
7,189 
Additions
731,500 
- 
2,133 
733,633 
At 31 July 2023
731,500 
2,394 
6,928 
740,822 
Depreciation
At 1 August 2022
- 
2,394 
1,440 
3,834 
Charge for the year
- 
- 
693 
693 
At 31 July 2023
- 
2,394 
2,133 
4,527 
Net book value
At 31 July 2023
731,500 
- 
4,795 
736,295 
At 31 July 2022
- 
- 
3,355 
3,355 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
10,451 
Accrued income and prepayments
- 
1,246 
- 
11,697 
- 5 -
MAKAY PROPERTIES LTD Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,247 
800 
Taxes and social security
- 
831 
1,247 
1,631 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
593,000 
- 
Trade creditors
1,300 
- 
Loans from directors
138,500 
- 
732,800 
- 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -