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REGISTERED NUMBER: 11847251 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

MRP ESTATES LIMITED

MRP ESTATES LIMITED (REGISTERED NUMBER: 11847251)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MRP ESTATES LIMITED

Company Information
for the Year Ended 29 February 2024







DIRECTOR: M R Price



REGISTERED OFFICE: c/o BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF



REGISTERED NUMBER: 11847251 (England and Wales)



ACCOUNTANTS: BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF



BANKERS: HSBC
60 Queen Victoria Street
London
EC4N 4TR

MRP ESTATES LIMITED (REGISTERED NUMBER: 11847251)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,579,607 1,579,607
Investments 5 200,000 250,000
1,779,607 1,829,607

CURRENT ASSETS
Debtors 6 5,506 1,589
Cash at bank 174,601 93,117
180,107 94,706
CREDITORS
Amounts falling due within one year 7 1,693,679 1,755,411
NET CURRENT LIABILITIES (1,513,572 ) (1,660,705 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

266,035

168,902

CREDITORS
Amounts falling due after more than one
year

8

-

594
NET ASSETS 266,035 168,308

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 266,033 168,306
SHAREHOLDERS' FUNDS 266,035 168,308

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 August 2024 and were signed by:



M R Price - Director


MRP ESTATES LIMITED (REGISTERED NUMBER: 11847251)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

MRP Estates 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - not depreciated

Tangible fixed assets are initially recorded at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 March 2023
and 29 February 2024 1,579,607
NET BOOK VALUE
At 29 February 2024 1,579,607
At 28 February 2023 1,579,607

MRP ESTATES LIMITED (REGISTERED NUMBER: 11847251)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2023 250,000
Disposals (50,000 )
At 29 February 2024 200,000
NET BOOK VALUE
At 29 February 2024 200,000
At 28 February 2023 250,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 3,580 -
Other debtors 1,926 1,589
5,506 1,589

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 67 -
Taxation and social security 29,729 21,545
Other creditors 1,663,883 1,733,866
1,693,679 1,755,411

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.2.24 28.2.23
£    £   
Other creditors - 594

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
2 Ordinary £1 2 2

These ordinary shares have full rights with regard to voting, receipt of dividend and entitlement to participate in capital on winding up.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M R Price.