MMR Properties (NW) Ltd Filleted Accounts Cover
MMR Properties (NW) Ltd
Company No. 14250166
Information for Filing with The Registrar
31 July 2023
MMR Properties (NW) Ltd Balance Sheet Registrar
at
31 July 2023
Company No.
14250166
Notes
2023
£
Fixed assets
Tangible assets
4
435,150
435,150
Current assets
Cash at bank and in hand
3,325
3,325
Creditors: Amount falling due within one year
5
(443,498)
Net current liabilities
(440,173)
Total assets less current liabilities
(5,023)
Net liabilities
(5,023)
Capital and reserves
Called up share capital
1
Profit and loss account
7
(5,024)
Total equity
(5,023)
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 18 March 2024 and signed on its behalf by:
M. Fratev
Director
18 March 2024
MMR Properties (NW) Ltd Notes to the Accounts Registrar
for the period ended 31 July 2023
1
General information
MMR Properties (NW) Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 14250166
Its registered office is:
8 Earlesfield Close
Sale
Manchester
M33 4UR
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2023
Number
The average monthly number of employees (including directors) during the period:
1
4
Tangible fixed assets
Land and buildings
Total
£
£
Cost or revaluation
Additions
435,150435,150
At 31 July 2023
435,150435,150
Depreciation
Net book values
At 31 July 2023
435,150435,150
5
Creditors:
amounts falling due within one year
2023
£
Bank loans and overdrafts
133,347
Amounts owed to group undertakings
230,000
Loans from directors
79,311
Accruals and deferred income
840
443,498
6
Share Capital
1 Ordinary £1 share
7
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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