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REGISTERED NUMBER: 03332349 (England and Wales)














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: Mr C A Constantinou





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 03332349 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
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 4 350,159 350,354

CURRENT ASSETS
Debtors 211 183
Cash at bank 104,316 97,643
104,527 97,826
CREDITORS
Amounts falling due within one year 146,997 140,280
NET CURRENT LIABILITIES (42,470 ) (42,454 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,689

307,900

CREDITORS
Amounts falling due after more than one
year

175,687

191,211
NET ASSETS 132,002 116,689

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 131,902 116,589
SHAREHOLDERS' FUNDS 132,002 116,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 March 2023 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.

MESSAGE PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 03332349)

ABRIDGED BALANCE SHEET - continued
29 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 5 February 2024 and were signed by:





Mr C A Constantinou - Director


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 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.

Turnover
Turnover represents the rent receivable by the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Fixtures and fittings - 20% straight line

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 352,074
DEPRECIATION
At 30 March 2022 1,720
Charge for year 195
At 29 March 2023 1,915
NET BOOK VALUE
At 29 March 2023 350,159
At 29 March 2022 350,354

5. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 57,553 73,077

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: £    £   
100 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.