IRIS Accounts Production v24.2.0.383 10191000 Board of Directors 1.12.22 30.11.23 30.11.23 0 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101910002022-11-30101910002023-11-30101910002022-12-012023-11-30101910002021-11-30101910002021-12-012022-11-30101910002022-11-3010191000ns15:EnglandWales2022-12-012023-11-3010191000ns14:PoundSterling2022-12-012023-11-3010191000ns10:Director12022-12-012023-11-3010191000ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3010191000ns10:SmallEntities2022-12-012023-11-3010191000ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3010191000ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3010191000ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3010191000ns10:FullAccounts2022-12-012023-11-3010191000ns10:OrdinaryShareClass12022-12-012023-11-3010191000ns5:CurrentFinancialInstruments2023-11-3010191000ns5:CurrentFinancialInstruments2022-11-3010191000ns5:Non-currentFinancialInstruments2023-11-3010191000ns5:Non-currentFinancialInstruments2022-11-3010191000ns5:ShareCapital2023-11-3010191000ns5:ShareCapital2022-11-3010191000ns5:FurtherSpecificReserve3ComponentTotalEquity2023-11-3010191000ns5:FurtherSpecificReserve3ComponentTotalEquity2022-11-3010191000ns5:RetainedEarningsAccumulatedLosses2023-11-3010191000ns5:RetainedEarningsAccumulatedLosses2022-11-3010191000ns10:RegisteredOffice2022-12-012023-11-3010191000ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3010191000ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3010191000ns5:CurrentFinancialInstruments2022-12-012023-11-3010191000ns5:Non-currentFinancialInstruments2022-12-012023-11-3010191000ns10:OrdinaryShareClass12023-11-3010191000ns5:FurtherSpecificReserve3ComponentTotalEquity2022-11-30
REGISTERED NUMBER: 10191000 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

M&H Properties Brighton Limited

M&H Properties Brighton Limited (Registered number: 10191000)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


M&H Properties Brighton Limited (Registered number: 10191000)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Investment property 4 229,000 229,000

Current assets
Debtors 5 - 14,600
Cash in hand 2 2
2 14,602
Creditors: amounts falling due within
one year

6

146,030

152,552
Net current liabilities (146,028 ) (137,950 )
Total assets less current liabilities 82,972 91,050

Creditors: amounts falling due after
more than one year

7

(33,775

)

(36,682

)

Provisions for liabilities (10,283 ) (11,428 )
Net assets 38,914 42,940

Capital and reserves
Called up share capital 8 2 2
Fair value reserve 9 35,428 34,283
Retained earnings 3,484 8,655
Shareholders' funds 38,914 42,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

M&H Properties Brighton Limited (Registered number: 10191000)

Balance Sheet - continued
30 November 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:





M S York - Director


M&H Properties Brighton Limited (Registered number: 10191000)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. Statutory information

M&H Properties Brighton Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10191000

Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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.

Turnover
Turnover is measured at the fair value of the gross rents received.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


M&H Properties Brighton Limited (Registered number: 10191000)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. Employees and directors

The average number of employees during the year was NIL (2022 - NIL).

4. Investment property
Total
£   
Fair value
At 1 December 2022
and 30 November 2023 229,000
Net book value
At 30 November 2023 229,000
At 30 November 2022 229,000

The investment properties fair value has been determined by the directors at the balance sheet date based on local open market rates of similar properties.

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Other debtors - 14,600

M&H Properties Brighton Limited (Registered number: 10191000)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 16,357 20,634
Trade creditors - 555
Taxation and social security 953 1,714
Other creditors 128,720 129,649
146,030 152,552

Creditors falling due in less than one year includes liabilities of £16,357 (2022 £20,634) which are secured by the assets to which they relate.

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 33,775 36,682

Creditors falling due in more than one year includes liabilities of £33,775 (2022 £36,682) which are secured by the assets to which they relate.

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

9. Reserves
Fair
value
reserve
£   
At 1 December 2022 34,283
Transfer 1,145

At 30 November 2023 35,428

10. Related party disclosures

At the year end, the company owed the directors £128,000 (2022: £128,000).