Company Registration No. 09268298 (England and Wales)
MHB Property Developments Ltd
Unaudited accounts
for the year ended 31 October 2023
MHB Property Developments Ltd
Unaudited accounts
Contents
MHB Property Developments Ltd
Company Information
for the year ended 31 October 2023
Directors
Martin Henry Bennett
Julie Milik
Company Number
09268298 (England and Wales)
Registered Office
Thatched Cottage
Newtown
Worlingworth
Suffolk
IP13 7HR
England
Accountants
Accounting Solutions Anglia Ltd
13 Cornflower Road
Jaywick Sands
Clacton on Sea
Essex
CO15 2RZ
MHB Property Developments Ltd
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
29,577
42,108
Creditors: amounts falling due within one year
(35,130)
(21,419)
Net current (liabilities)/assets
(4,649)
34,584
Total assets less current liabilities
125,351
34,584
Creditors: amounts falling due after more than one year
(98,953)
(15,936)
Called up share capital
10
10
Profit and loss account
26,388
18,638
Shareholders' funds
26,398
18,648
For the year ending 31 October 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 30 July 2024 and were signed on its behalf by
Martin Henry Bennett
Director
Company Registration No. 09268298
MHB Property Developments Ltd
Notes to the Accounts
for the year ended 31 October 2023
MHB Property Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 09268298. The registered office is Thatched Cottage, Newtown, Worlingworth, Suffolk, IP13 7HR, 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 31 October 2023
130,000
At 31 October 2023
130,000
MHB Property Developments Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Accrued income and prepayments
904
2,788
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,774
194
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
-
2,505
Deferred income
8,953
13,431
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).