Company Registration No. 09457559 (England and Wales)
MNO Properties Ltd
Unaudited accounts
for the year ended 29 June 2023
MNO Properties Ltd
Unaudited accounts
Contents
MNO Properties Ltd
Company Information
for the year ended 29 June 2023
Company Number
09457559 (England and Wales)
Registered Office
203 Kilburn High Road
London
NW6 7HY
United Kingdom
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
MNO Properties Ltd
Statement of financial position
as at 29 June 2023
Tangible assets
1,229,028
951,678
Cash at bank and in hand
55,136
89,542
Creditors: amounts falling due within one year
(319,190)
(68,958)
Net current (liabilities)/assets
(256,054)
26,854
Total assets less current liabilities
972,974
978,532
Creditors: amounts falling due after more than one year
(848,167)
(860,393)
Net assets
124,807
118,139
Called up share capital
100
100
Profit and loss account
124,707
118,039
Shareholders' funds
124,807
118,139
For the year ending 29 June 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 director acknowledges his 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 and authorised for issue on 13 August 2024 and were signed on its behalf by
Mustafa Ogretici
Director
Company Registration No. 09457559
MNO Properties Ltd
Notes to the Accounts
for the year ended 29 June 2023
MNO Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 09457559. The registered office is 203 Kilburn High Road, London, NW6 7HY, 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.
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:
Fixtures & fittings
18% Reducing balance
Computer equipment
33.33% Straight line
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 30 June 2022
935,024
33,071
-
968,095
Additions
279,301
816
567
280,684
At 29 June 2023
1,214,325
33,887
567
1,248,779
At 30 June 2022
-
16,417
-
16,417
Charge for the year
-
3,145
189
3,334
At 29 June 2023
-
19,562
189
19,751
At 29 June 2023
1,214,325
14,325
378
1,229,028
At 29 June 2022
935,024
16,654
-
951,678
MNO Properties Ltd
Notes to the Accounts
for the year ended 29 June 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
16,488
23,618
Taxes and social security
22,449
17,452
Other creditors
23,388
23,388
Loans from directors
255,425
-
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
312,385
324,611
Other creditors
535,782
535,782
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).