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REGISTERED NUMBER: 11245059 (England and Wales)















MSH PROPERTY DEVELOPMENTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023






MSH PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11245059)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MSH PROPERTY DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: M S Harper
B M Harper





REGISTERED OFFICE: 48 Springvale Industrial Estate
Cwmbran
United Kingdom
NP44 5BB





REGISTERED NUMBER: 11245059 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

MSH PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11245059)

BALANCE SHEET
31ST MARCH 2023

2023 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 793,838 793,838

CURRENT ASSETS
Debtors 5 58,870 -

CREDITORS
Amounts falling due within one year 6 822,711 792,617
NET CURRENT LIABILITIES (763,841 ) (792,617 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,997

1,221

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 29,897 1,121
SHAREHOLDERS' FUNDS 29,997 1,221

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

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

MSH PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11245059)

BALANCE SHEET - continued
31ST MARCH 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th February 2024 and were signed on its behalf by:





B M Harper - Director


MSH PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11245059)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

MSH Property Developments 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.

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 Profit and Loss, 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 ) .

MSH PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11245059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022
and 31st March 2023 793,838
NET BOOK VALUE
At 31st March 2023 793,838
At 31st March 2022 793,838

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Other debtors 58,870 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Corporation Tax 5,912 286
VAT 6,067 -
Other creditors 806,358 792,091
Accrued expenses 4,374 240
822,711 792,617

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: as restated
£    £   
46 A Ordinary £1 46 46
44 B Ordinary £1 44 44
5 C Ordinary £1 5 5
5 D Ordinary £1 5 5
100 100

MSH PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11245059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

8. RELATED PARTY DISCLOSURES

Other creditors includes £806,358 (2022: £792,091) owed to MSH Building Ltd in connection with the purchase of Freehold properties.