REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29 MARCH 2023 |
FOR |
MESSAGE PROPERTY INVESTMENTS LIMITED |
REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29 MARCH 2023 |
FOR |
MESSAGE PROPERTY INVESTMENTS LIMITED |
MESSAGE PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 03332349) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29 MARCH 2023 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
MESSAGE PROPERTY INVESTMENTS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 29 MARCH 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
www.michaelfiliou.com |
Salisbury House |
81 High Street |
Potters Bar |
Hertfordshire |
EN6 5AS |
MESSAGE PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 03332349) |
ABRIDGED BALANCE SHEET |
29 MARCH 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
MESSAGE PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 03332349) |
ABRIDGED BALANCE SHEET - continued |
29 MARCH 2023 |
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 |
MESSAGE PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 03332349) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29 MARCH 2023 |
1. | STATUTORY INFORMATION |
Message Property Investments Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the rent receivable by the company. |
Tangible fixed assets |
Freehold property | - |
Fixtures and fittings | - |
Depreciation is not provided in respect of land and building. Leasehold properties are not amortised where the unexpired term is over twenty years. |
The policy represents a departure from statutory accounting principles, which require depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the accounts may give a true and fair view because current values and changes in current values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
MESSAGE PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 03332349) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 29 MARCH 2023 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 30 March 2022 |
and 29 March 2023 |
DEPRECIATION |
At 30 March 2022 |
Charge for year |
At 29 March 2023 |
NET BOOK VALUE |
At 29 March 2023 |
At 29 March 2022 |
5. | SECURED DEBTS |
The following secured debts are included within creditors: |
2023 | 2022 |
£ | £ |
Bank loans |
The bank loan is secured with a first legal mortgage over the freehold property at 351 and 351A Bowes Road, New Southgate, London N11 in the favour of Mars Capital Finance. |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
7. | ULTIMATE CONTROLLING PARTY |
The director, Mr C Constantinou, controls the company by holding 100% of the issued ordinary share capital of the company. |