Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true2023-01-01true4No description of principal activity4true 03010004 2023-01-01 2023-12-31 03010004 2022-01-01 2022-12-31 03010004 2023-12-31 03010004 2022-12-31 03010004 c:Director2 2023-01-01 2023-12-31 03010004 d:FreeholdInvestmentProperty 2023-12-31 03010004 d:FreeholdInvestmentProperty 2022-12-31 03010004 d:CurrentFinancialInstruments 2023-12-31 03010004 d:CurrentFinancialInstruments 2022-12-31 03010004 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03010004 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03010004 d:ShareCapital 2023-12-31 03010004 d:ShareCapital 2022-12-31 03010004 c:EntityHasNeverTraded 2023-01-01 2023-12-31 03010004 c:FRS102 2023-01-01 2023-12-31 03010004 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03010004 c:FullAccounts 2023-01-01 2023-12-31 03010004 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03010004 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 03010004










M.I.P. DEVELOPMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
M.I.P. DEVELOPMENTS LIMITED
REGISTERED NUMBER: 03010004

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 3 
83,188
83,188

  
83,188
83,188

  

Creditors: amounts falling due within one year
 4 
(83,186)
(83,186)

Net current liabilities
  
 
 
(83,186)
 
 
(83,186)

  

Net assets
  
2
2


Capital and reserves
  

Called up share capital 
  
2
2

  
2
2


For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 August 2024.




N J Morgan
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
M.I.P. DEVELOPMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Company is a private limited company incorporated in England and Wales. The Company prepares its financial statements in sterling and rounds to the nearest £1.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.3

Creditors

Short-term creditors are measured at the transaction price. 


3.


Investment property


Freehold investment property

£



Valuation


At 1 January 2023
83,188



At 31 December 2023
83,188

The 2023 valuations were made by the directors, on an open market value for existing use basis.

The 2023 valuations were made by the directors on an open market value for existing use basis and are currently carried at cost in the financial statements, as they are in the course development.







4.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
83,186
83,186


Page 2

 
M.I.P. DEVELOPMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Related party transactions

At 31 December 2023, there was an amount of £83,186 (2022: £83,186) due to the parent undertaking, Morgan Industrial Properties. The loan is unsecured, interest free and has no fixed repayments date.

Page 3