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REGISTERED NUMBER: 08479850 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

M & N Property Lettings Limited

M & N Property Lettings Limited (Registered number: 08479850)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M & N Property Lettings Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: M Ambrosio
C Noll





REGISTERED OFFICE: 1 Empson Road
Fengate
Peterborough
PE1 5UP





REGISTERED NUMBER: 08479850 (England and Wales)





ACCOUNTANTS: Hills Accountants Limited
Greenhill House
First Floor East Wing
Thorpe Road
Peterborough
Cambridgeshire
PE3 6RU

M & N Property Lettings Limited (Registered number: 08479850)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 637,200 637,200

CURRENT ASSETS
Cash at bank 27,627 22,814

CREDITORS
Amounts falling due within one year 5 174,792 178,132
NET CURRENT LIABILITIES (147,165 ) (155,318 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

490,035

481,882

CREDITORS
Amounts falling due after more than one year 6 246,748 280,856
NET ASSETS 243,287 201,026

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 243,285 201,024
SHAREHOLDERS' FUNDS 243,287 201,026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

M & N Property Lettings Limited (Registered number: 08479850)

Balance Sheet - continued
30 April 2023


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 Board of Directors and authorised for issue on 15 January 2024 and were signed on its behalf by:





M Ambrosio - Director


M & N Property Lettings Limited (Registered number: 08479850)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

M & N Property Lettings 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

M & N Property Lettings Limited (Registered number: 08479850)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 May 2022
and 30 April 2023 637,200
NET BOOK VALUE
At 30 April 2023 637,200
At 30 April 2022 637,200

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 39,429 39,429
Amounts owed to group undertakings 51,544 57,844
Taxation and social security 12,403 9,514
Other creditors 71,416 71,345
174,792 178,132

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans 246,748 280,856

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 133,587 141,812

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
2 Ordinary £1 2 2

M & N Property Lettings Limited (Registered number: 08479850)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

8. RESERVES
Retained
earnings
£   

At 1 May 2022 201,024
Profit for the year 42,261
At 30 April 2023 243,285