1 January 2023 false No description of principal activity Taxfiler 2024.5 SC643827business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC6438272022-12-31 SC6438272023-01-012023-12-31 SC643827business:AuditExemptWithAccountantsReport2023-01-012023-12-31 SC643827business:FilletedAccounts2023-01-012023-12-31 SC6438272023-12-31 SC643827business:Director12023-01-012023-12-31 SC643827business:Director22023-01-012023-12-31 SC643827business:RegisteredOffice2023-01-012023-12-31 SC6438272022-12-31 SC643827core:WithinOneYear2023-12-31 SC643827core:WithinOneYear2022-12-31 SC643827core:AfterOneYear2023-12-31 SC643827core:AfterOneYear2022-12-31 SC643827core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC643827core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC643827core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC643827core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC643827core:PreviouslyStatedAmount2023-12-31 SC643827core:PreviouslyStatedAmount2022-12-31 SC643827business:SmallEntities2023-01-012023-12-31 SC643827countries:Scotland2023-01-012023-12-31 SC643827core:LandBuildings2022-12-31 SC643827core:LandBuildings2023-01-012023-12-31 SC643827core:LandBuildings2023-12-31 SC643827core:AdditionsToInvestments2023-12-31 SC6438272021-11-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC643827 (Scotland)
MENDI PROPERTIES LTD Unaudited accounts for the year ended 31 December 2023
MENDI PROPERTIES LTD Unaudited accounts Contents
Page
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MENDI PROPERTIES LTD Company Information for the year ended 31 December 2023
Directors
Kajal Omprakash Kachhawah Ashish Kumar Mehndiratta
Company Number
SC643827 (Scotland)
Registered Office
c/o Avid Accountants 21 Blythswood Square Glasgow G2 4BL United Kingdom
Accountants
Avid Accountants Ltd 21 Blythswood Square Glasgow G2 4BL
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MENDI PROPERTIES LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
390,970 
283,059 
Investments
13,700 
11,700 
404,670 
294,759 
Current assets
Debtors
- 
3,722 
Cash at bank and in hand
13,521 
29,846 
13,521 
33,568 
Creditors: amounts falling due within one year
(15,885)
(4,029)
Net current (liabilities)/assets
(2,364)
29,539 
Total assets less current liabilities
402,306 
324,298 
Creditors: amounts falling due after more than one year
(439,840)
(353,461)
Net liabilities
(37,534)
(29,163)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(37,536)
(29,165)
Shareholders' funds
(37,534)
(29,163)
For the year ending 31 December 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 10 July 2024 and were signed on its behalf by
Ashish Kumar Mehndiratta Director Company Registration No. SC643827
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MENDI PROPERTIES LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
MENDI PROPERTIES LTD is a private company, limited by shares, registered in Scotland, registration number SC643827. The registered office is c/o Avid Accountants, 21 Blythswood Square, Glasgow, G2 4BL, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2023
291,113 
Additions
118,108 
At 31 December 2023
409,221 
Depreciation
At 1 January 2023
8,054 
Charge for the year
10,197 
At 31 December 2023
18,251 
Net book value
At 31 December 2023
390,970 
At 31 December 2022
283,059 
5
Investments
Other investments 
£ 
Valuation at 1 January 2023
11,700 
Additions
2,000 
Valuation at 31 December 2023
13,700 
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MENDI PROPERTIES LTD Notes to the Accounts for the year ended 31 December 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
3,722 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
11,333 
3,333 
VAT
1,199 
- 
Other creditors
2,153 
96 
Accruals
1,200 
600 
15,885 
4,029 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
233,744 
154,365 
Other creditors
117,800 
117,800 
Loans from directors
88,296 
81,296 
439,840 
353,461 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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