IRIS Accounts Production v24.1.0.578 08058584 director 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080585842023-05-31080585842024-05-31080585842023-06-012024-05-31080585842022-05-31080585842022-06-012023-05-31080585842023-05-3108058584ns15:EnglandWales2023-06-012024-05-3108058584ns14:PoundSterling2023-06-012024-05-3108058584ns10:Director12023-06-012024-05-3108058584ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3108058584ns10:SmallEntities2023-06-012024-05-3108058584ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3108058584ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3108058584ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3108058584ns10:FullAccounts2023-06-012024-05-3108058584ns10:CompanySecretary12023-06-012024-05-3108058584ns10:RegisteredOffice2023-06-012024-05-3108058584ns5:CurrentFinancialInstruments2024-05-3108058584ns5:CurrentFinancialInstruments2023-05-3108058584ns5:Non-currentFinancialInstruments2024-05-3108058584ns5:Non-currentFinancialInstruments2023-05-3108058584ns5:ShareCapital2024-05-3108058584ns5:ShareCapital2023-05-3108058584ns5:RetainedEarningsAccumulatedLosses2024-05-3108058584ns5:RetainedEarningsAccumulatedLosses2023-05-3108058584ns5:PlantMachinery2023-06-012024-05-3108058584ns5:PlantMachinery2023-05-3108058584ns5:PlantMachinery2024-05-3108058584ns5:PlantMachinery2023-05-31
REGISTERED NUMBER: 08058584 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

MR Property Maintenance Limited

MR Property Maintenance Limited (Registered number: 08058584)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MR Property Maintenance Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: M Reid



SECRETARY: M Reid



REGISTERED OFFICE: 28a Bedford Road
Barton Le Clay
Bedford
Bedfordshire
MK45 4PP



REGISTERED NUMBER: 08058584 (England and Wales)



ACCOUNTANTS: Edwards and associates
28a Bedford Road
Barton Le Clay
Bedford
Bedfordshire
MK45 4PP



SOLICITORS: Neves Solicitors
A W House
6-8 Stuart Street
Luton
Bedfordshire
LU1 2SJ

MR Property Maintenance Limited (Registered number: 08058584)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,033 10,711

CURRENT ASSETS
Stocks 1,789 2,066
Cash at bank and in hand 10,136 13,604
11,925 15,670
CREDITORS
Amounts falling due within one year 5 10,068 12,485
NET CURRENT ASSETS 1,857 3,185
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,890

13,896

CREDITORS
Amounts falling due after more than one year 6 4,599 8,561
NET ASSETS 5,291 5,335

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 5,289 5,333
SHAREHOLDERS' FUNDS 5,291 5,335

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MR Property Maintenance Limited (Registered number: 08058584)

Balance Sheet - continued
31 May 2024


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 director and authorised for issue on 15 July 2024 and were signed by:





M Reid - Director


MR Property Maintenance Limited (Registered number: 08058584)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

MR Property Maintenance 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at 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 all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MR Property Maintenance Limited (Registered number: 08058584)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 21,240
DEPRECIATION
At 1 June 2023 10,529
Charge for year 2,678
At 31 May 2024 13,207
NET BOOK VALUE
At 31 May 2024 8,033
At 31 May 2023 10,711

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 4,500 4,500
Trade creditors - (1 )
Taxation and social security 4,871 7,257
Other creditors 697 729
10,068 12,485

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 4,599 8,561

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 (2023 - £10,000) were paid to the director .

As at 31st May 2024 Mr M Reid the sole Director and shareholder was owed £148 (2023 - £178) on his Director's current account. This is repayable on Demand.

8. ULTIMATE CONTROLLING PARTY

The controlling party is M Reid.

The ultimate controlling party is M Reid.