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REGISTERED NUMBER: 06200130 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

MOLLY YORK LIMITED

MOLLY YORK LIMITED (REGISTERED NUMBER: 06200130)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MOLLY YORK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: Mrs L F Conlon



REGISTERED OFFICE: Hutton House
Hutton Village Road
Guisborough
TS14 8EQ



REGISTERED NUMBER: 06200130 (England and Wales)



BANKERS: Handelsbanken
2nd Floor
Lakeside House
Kingfisher Way
Stockton-on-Tees
TS18 3NB

MOLLY YORK LIMITED (REGISTERED NUMBER: 06200130)

ABRIDGED BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 6,246 7,353
Investment property 5 1,256,460 1,256,460
1,262,706 1,263,813

CURRENT ASSETS
Debtors 3,627 1,924
Cash at bank and in hand 11,070 10,436
14,697 12,360
CREDITORS
Amounts falling due within one year 70,963 65,579
NET CURRENT LIABILITIES (56,266 ) (53,219 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,206,440

1,210,594

CREDITORS
Amounts falling due after more than one
year

(833,064

)

(880,822

)

PROVISIONS FOR LIABILITIES (744 ) (666 )
NET ASSETS 372,632 329,106

CAPITAL AND RESERVES
Called up share capital 700 700
Retained earnings 371,932 328,406
SHAREHOLDERS' FUNDS 372,632 329,106

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

MOLLY YORK LIMITED (REGISTERED NUMBER: 06200130)

ABRIDGED BALANCE SHEET - continued
30 JUNE 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 Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 March 2024 and were signed by:





Mrs L F Conlon - Director


MOLLY YORK LIMITED (REGISTERED NUMBER: 06200130)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Molly York 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 represents rental income from the letting of furnished dwellings.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

Investment property
Investment property is shown at cost, which the director considers to be equal to its fair value.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 July 2022
and 30 June 2023 25,218
DEPRECIATION
At 1 July 2022 17,865
Charge for year 1,107
At 30 June 2023 18,972
NET BOOK VALUE
At 30 June 2023 6,246
At 30 June 2022 7,353

MOLLY YORK LIMITED (REGISTERED NUMBER: 06200130)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 July 2022
and 30 June 2023 1,256,460
NET BOOK VALUE
At 30 June 2023 1,256,460
At 30 June 2022 1,256,460

Freehold investment property was acquired on 2 July 2013 at a cost of £1,210,000, plus incidental acquisition costs. The director does not consider that the property's market value at 30 June 2023 would be significantly different to it's carrying amount.