Company Registration No. 13422960 (England and Wales)
Mnd Property Group Limited
Unaudited accounts
for the year ended 31 May 2024
Mnd Property Group Limited
Unaudited accounts
Contents
Mnd Property Group Limited
Company Information
for the year ended 31 May 2024
Directors
Dilshad Bibi
Mohammed Niaz
Company Number
13422960 (England and Wales)
Registered Office
1b Suffolk Street
Oldham
OL9 7DS
England
Accountants
Whittaker Accountants Ltd
Lock 50
Oldham Road
Rochdale
OL16 5RD
Mnd Property Group Limited
Statement of financial position
as at 31 May 2024
Tangible assets
261,875
202,143
Cash at bank and in hand
1,312
3,369
Creditors: amounts falling due within one year
(17,118)
(1,759)
Net current (liabilities)/assets
(15,806)
1,610
Total assets less current liabilities
246,069
203,753
Creditors: amounts falling due after more than one year
(258,391)
(234,020)
Net liabilities
(12,322)
(30,267)
Called up share capital
2
2
Profit and loss account
(12,324)
(30,269)
Shareholders' funds
(12,322)
(30,267)
For the year ending 31 May 2024 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 29 July 2024 and were signed on its behalf by
Mohammed Niaz
Director
Company Registration No. 13422960
Mnd Property Group Limited
Notes to the Accounts
for the year ended 31 May 2024
Mnd Property Group Limited is a private company, limited by shares, registered in England and Wales, registration number 13422960. The registered office is 1b Suffolk Street, Oldham, OL9 7DS, 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.
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:
Plant & machinery
10 years SL
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 June 2023
200,000
2,679
202,679
At 31 May 2024
260,000
2,679
262,679
Charge for the year
-
268
268
At 31 May 2024
260,000
1,875
261,875
At 31 May 2023
200,000
2,143
202,143
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
17,118
1,759
Mnd Property Group Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
258,391
234,020
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).