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REGISTERED NUMBER: 07486339 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH DECEMBER 2022

FOR

MORELAND ESTATE PROPERTY MANAGEMENT
LIMITED

MORELAND ESTATE PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07486339)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH DECEMBER 2022










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

MORELAND ESTATE PROPERTY MANAGEMENT
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH DECEMBER 2022







DIRECTOR: L C Freilich





SECRETARY: B Grossman





REGISTERED OFFICE: 5 Sentinel Square
Hendon
London
NW4 2EL





REGISTERED NUMBER: 07486339 (England and Wales)





ACCOUNTANTS: The Paris Partnership LLP
Chartered Accountants
Russell House
140 High Street
Edgware
Middlesex
HA8 7LW

MORELAND ESTATE PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07486339)

STATEMENT OF FINANCIAL POSITION
30TH DECEMBER 2022

2022 2021
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 8,125
Tangible assets 5 - 21,913
- 30,038

CURRENT ASSETS
Debtors 6 62,866 1,983,709
Cash at bank 1,839 2,055
64,705 1,985,764
CREDITORS
Amounts falling due within one year 7 (232,484 ) (2,022,280 )
NET CURRENT LIABILITIES (167,779 ) (36,516 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(167,779

)

(6,478

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (167,879 ) (6,578 )
SHAREHOLDERS' FUNDS (167,779 ) (6,478 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MORELAND ESTATE PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07486339)

STATEMENT OF FINANCIAL POSITION - continued
30TH DECEMBER 2022


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 director and authorised for issue on 20th November 2023 and were signed by:





L C Freilich - Director


MORELAND ESTATE PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07486339)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH DECEMBER 2022


1. STATUTORY INFORMATION

Moreland Estate Property Management Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

These Financial Statements have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.

Turnover
Turnover represents invoiced fees for the management of various properties.

Intangible assets
Intangible assets are initially measured at cost. AFter initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other intangible assets
Included in intangible assets are development costs which are held at cost. Amortisation has not yet been charged on the asset as the application to which the development costs relate is not yet available for use.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 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 statement of financial position date.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Cash and cash equivalent
Cash and cash equivalent include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

MORELAND ESTATE PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07486339)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH DECEMBER 2022


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 31st December 2021 8,125
Disposals (8,125 )
At 30th December 2022 -
NET BOOK VALUE
At 30th December 2022 -
At 30th December 2021 8,125

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31st December 2021 175,162
Disposals (175,162 )
At 30th December 2022 -
DEPRECIATION
At 31st December 2021 153,249
Eliminated on disposal (153,249 )
At 30th December 2022 -
NET BOOK VALUE
At 30th December 2022 -
At 30th December 2021 21,913

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed by group undertakings 58,352 -
Other debtors 4,514 1,983,709
62,866 1,983,709

MORELAND ESTATE PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07486339)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH DECEMBER 2022


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 176,214 45,661
Other creditors 56,270 1,976,619
232,484 2,022,280

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 31st December 2021 (6,578 )
Deficit for the year (161,301 )
At 30th December 2022 (167,879 )

10. CONTINGENT LIABILITIES

The company joined a "VAT Group" during the year and as such is jointly and severally liable for the VAT
liabilities of the whole group.

MORELAND ESTATE PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07486339)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH DECEMBER 2022


11. RELATED PARTY DISCLOSURES

MP Group Services Limited
A company under common control.

The amount is payable on demand.
2022 2021
£ £
Amount due from related party at the balance sheet date - 1,983,633


Dunphys Holdings Ltd
A company under common control.

The amount is payable on demand.
2022 2021
£ £
Amount due to related party at the balance sheet date 44,372 -


Dunphys Limited
A company under common control.

The amount is payable on demand.
2022 2021
£ £
Amount due to related party at the balance sheet date 13,980 -

12. ULTIMATE PARENT COMPANY

The Moreland Property Group is regarded by the director as being the ultimate parent company.

ULTIMATE CONTROLLING PARTY

The director considers the ultimate controlling party of the company to be the board of the Moreland Property Group Limited.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MORELAND ESTATE PROPERTY MANAGEMENT
LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Moreland Estate Property Management Limited for the year ended 30th December 2022 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Moreland Estate Property Management Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Moreland Estate Property Management Limited and state those matters that we have agreed to state to the director of Moreland Estate Property Management Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Moreland Estate Property Management Limited and its director for our work or for this report.

It is your duty to ensure that Moreland Estate Property Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Moreland Estate Property Management Limited. You consider that Moreland Estate Property Management 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 financial statements of Moreland Estate Property Management 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 financial statements.






The Paris Partnership LLP
Chartered Accountants
Russell House
140 High Street
Edgware
Middlesex
HA8 7LW


20th November 2023