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REGISTERED NUMBER: 04252638 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

Moonpool Properties Limited

Moonpool Properties Limited (Registered number: 04252638)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Moonpool Properties Limited

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: S Holden
Mrs C E Holden
F Holden
Ms F Holden





REGISTERED OFFICE: Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP





REGISTERED NUMBER: 04252638 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP

Moonpool Properties Limited (Registered number: 04252638)

BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 489 612
Investment property 5 3,820,866 4,071,415
3,821,355 4,072,027

CURRENT ASSETS
Cash at bank 164,745 134,056

CREDITORS
Amounts falling due within one year 6 57,648 167,056
NET CURRENT ASSETS/(LIABILITIES) 107,097 (33,000 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,928,452 4,039,027

CREDITORS
Amounts falling due after more than one year 7 (1,600,000 ) (1,800,000 )

PROVISIONS FOR LIABILITIES (334,480 ) (334,480 )
NET ASSETS 1,993,972 1,904,547

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 1,549,841 1,549,841
Retained earnings 443,131 353,706
SHAREHOLDERS' FUNDS 1,993,972 1,904,547

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2024 and were signed on its behalf by:




Mrs C E Holden - Director



S Holden - Director


Moonpool Properties Limited (Registered number: 04252638)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Moonpool Properties 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 as modified by the revaluation of certain assets.

Turnover
Turnover for the year represents rental income recognised according to the terms of tenancies, and a sale of property recognised on completion.

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 - 20% on reducing balance
Office equipment - 20% on reducing balance

Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is an unrealised gain or loss transferred to a fair value reserve which is undistributable.

Taxation
Taxation for the year comprises current tax recognised as 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 fair value adjustments to the valuation of investment properties.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings equipment Totals
£    £    £   
COST
At 1 August 2022
and 31 July 2023 7,461 1,759 9,220
DEPRECIATION
At 1 August 2022 7,391 1,217 8,608
Charge for year 14 109 123
At 31 July 2023 7,405 1,326 8,731
NET BOOK VALUE
At 31 July 2023 56 433 489
At 31 July 2022 70 542 612

Moonpool Properties Limited (Registered number: 04252638)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 4,071,415
Disposals (250,549 )
At 31 July 2023 3,820,866
NET BOOK VALUE
At 31 July 2023 3,820,866
At 31 July 2022 4,071,415

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2022 1,884,321
Cost 1,936,545
3,820,866

If investment property had not been revalued it would have been included at the following historical cost:

31.7.23 31.7.22
£    £   
Cost 2,187,094 2,187,094

Investment property was valued on an open market value basis on 31 July 2023 by the directors .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Taxation and social security 25,058 14,735
Other creditors 32,590 152,321
57,648 167,056

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Other creditors 1,600,000 1,800,000