MOHSTART TWO LIMITED

Company Registration Number:
07046349 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

MOHSTART TWO LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MOHSTART TWO LIMITED

Company Information

for the Period Ended 31 October 2023




Director: Bushra ahmed
Registered office: Flat 1,
21 De Vere Gardens
London
England
W8 5AN
Company Registration Number: 07046349 (England and Wales)

MOHSTART TWO LIMITED

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

Owning and letting of property

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
Bushra ahmed

This report was approved by the board of directors on 28 December 2023
And Signed On Behalf Of The Board By:

Name: Bushra ahmed
Status: Director

MOHSTART TWO LIMITED

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Turnover 40,312 38,003
Cost of sales ( 17,610 ) ( 32,182 )
Gross Profit or (Loss) 22,702 5,821
Operating Profit or (Loss) 22,702 5,821
Interest Payable and Similar Charges ( 15,510 ) ( 14,871 )
Profit or (Loss) Before Tax 7,192 ( 9,050 )
Tax on Profit ( 1,367 ) 1,719
Profit or (Loss) for Period 5,825 ( 7,331 )

The notes form part of these financial statements

MOHSTART TWO LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 700,000 700,000
Total fixed assets: 700,000 700,000
Current assets
Total assets less current liabilities: 700,000 700,000
Creditors: amounts falling due after more than one year: 5 ( 693,175 ) ( 699,000 )
Total net assets (liabilities): 6,825 1,000

The notes form part of these financial statements

MOHSTART TWO LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 5,825
Shareholders funds: 6,825 1,000

For the year ending 31 October 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 28 December 2023
And Signed On Behalf Of The Board By:

Name: Bushra ahmed
Status: Director

The notes form part of these financial statements

MOHSTART TWO LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    All turnover is from UK and is net of VAT

    Tangible fixed assets depreciation policy

    Freehold land and buildings are not depreciated

    Valuation information and policy

    The properties are valued at every yearend the difference if any is shown in the notes.

MOHSTART TWO LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

MOHSTART TWO LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

MOHSTART TWO LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 November 2022 700,000 700,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 700,000 700,000
Depreciation
At 01 November 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 October 2023 - -
Net book value
At 31 October 2023 700,000 700,000
At 31 October 2022 700,000 700,000

The Company is part of a pooling business arrangement and has secured funding as part of pooled borrowing arrangement. It receives/pays a share of the rental income , management costs and interest and has given a charge over the assets it holds.
All assets held by the company are financed by or guaranteed by the UCP at commercial cost of borrowing.

MOHSTART TWO LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 693,175 699,000
Total 693,175 699,000

The Company is part of a pooling business arrangement and has secured funding as part of pooled borrowing arrangement. It receives/pays a share of the rental income , management costs and interest and has given a charge over the assets it holds.
All assets held by the company are financed by or guaranteed by the UCP at commercial cost of borrowing.

MOHSTART TWO LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6.1.Related party disclosures

Name of related party: Ayaz Ahmed
Description of relationship:
UCP
Description of the transaction:
All properties held by the Company are financed by or guaranteed by the UCP and funding has been arranged as part of pooled borrowing arrangement. The past arrangement for compensation for services provided by the UCP have been completed/terminated on 31 March 2022 and new commercial arrangements from 1 April 2022 will be negotiate between the parties.
Balance at 01 November 2022 699,000
Balance at 31 October 2023 693,000

All properties held by the Company are financed by or guaranteed by the UCP and funding has been arranged as part of pooled borrowing arrangement. The past arrangement for compensation for services provided by the UCP have been completed/terminated on 31 March 2022 and new commercial arrangements from 1 April 2022 will be negotiate between the parties.