Company Registration No. 12795896 (England and Wales)
Maidavale Property Ltd
Unaudited accounts
for the year ended 31 August 2023
Maidavale Property Ltd
Unaudited accounts
Contents
Maidavale Property Ltd
Company Information
for the year ended 31 August 2023
Directors
Abdul Khader Mohamed Ismail
Abdul Majeed Areeba Begum
Company Number
12795896 (England and Wales)
Registered Office
73 ST. JOHNS ROAD
PENN
HIGH WYCOMBE
HP10 8HU
ENGLAND
Accountants
Reliance Tax Advisers
20B Market Place
Grantham
Lincolnshire
NG31 6LP
Maidavale Property Ltd
Statement of financial position
as at 31 August 2023
Investment property
1,032,656
1,032,656
Cash at bank and in hand
33,649
46,848
Creditors: amounts falling due within one year
(350)
-
Net current assets
33,299
46,848
Total assets less current liabilities
1,065,955
1,079,504
Creditors: amounts falling due after more than one year
(1,100,000)
(1,100,000)
Net liabilities
(34,045)
(20,496)
Called up share capital
1,000
1,000
Profit and loss account
(35,045)
(21,496)
Shareholders' funds
(34,045)
(20,496)
For the year ending 31 August 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2024 and were signed on its behalf by
Abdul Khader Mohamed Ismail
Director
Company Registration No. 12795896
Maidavale Property Ltd
Notes to the Accounts
for the year ended 31 August 2023
Maidavale Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 12795896. The registered office is 73 ST. JOHNS ROAD, PENN, HIGH WYCOMBE, HP10 8HU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 September 2022
1,032,656
At 31 August 2023
1,032,656
5
Creditors: amounts falling due within one year
2023
2022
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
1,100,000
1,100,000
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).