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REGISTERED NUMBER: 08766233 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

MORELAND HOUSE INVESTMENTS LTD

MORELAND HOUSE INVESTMENTS LTD (REGISTERED NUMBER: 08766233)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MORELAND HOUSE INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTORS: S Dionissiou
D N Dionissiou





REGISTERED OFFICE: Rayleigh House
21 Queen Annes Place
Enfield
Middlesex
EN1 2QB





REGISTERED NUMBER: 08766233 (England and Wales)





ACCOUNTANTS: Avraam Associates Limited
Chartered Accountants
495 Green Lanes
London
N13 4BS

MORELAND HOUSE INVESTMENTS LTD (REGISTERED NUMBER: 08766233)

BALANCE SHEET
30TH NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 1
Investment property 5 1,006,401 1,006,401
1,006,402 1,006,402

CURRENT ASSETS
Debtors 6 22,867 28,028
Cash at bank 289,956 266,838
312,823 294,866
CREDITORS
Amounts falling due within one year 7 116,820 119,000
NET CURRENT ASSETS 196,003 175,866
TOTAL ASSETS LESS CURRENT LIABILITIES 1,202,405 1,182,268

CREDITORS
Amounts falling due after more than one
year

8

415,353

428,066
NET ASSETS 787,052 754,202

CAPITAL AND RESERVES
Called up share capital 10 48 48
Retained earnings 787,004 754,154
SHAREHOLDERS' FUNDS 787,052 754,202

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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.

MORELAND HOUSE INVESTMENTS LTD (REGISTERED NUMBER: 08766233)

BALANCE SHEET - continued
30TH 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th July 2024 and were signed on its behalf by:





D N Dionissiou - Director


MORELAND HOUSE INVESTMENTS LTD (REGISTERED NUMBER: 08766233)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023

1. STATUTORY INFORMATION

Moreland House Investments Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represented by rent receivable, excluding value added tax.

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 Income Statement, 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.

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).

MORELAND HOUSE INVESTMENTS LTD (REGISTERED NUMBER: 08766233)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st December 2022
and 30th November 2023 1
NET BOOK VALUE
At 30th November 2023 1
At 30th November 2022 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st December 2022
and 30th November 2023 1,006,401
NET BOOK VALUE
At 30th November 2023 1,006,401
At 30th November 2022 1,006,401

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 22,867 28,028

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 27,036 23,220
Trade creditors 1,651 -
Taxation and social security 8,736 10,746
Other creditors 79,397 85,034
116,820 119,000

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 415,353 428,066

MORELAND HOUSE INVESTMENTS LTD (REGISTERED NUMBER: 08766233)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 192,187 192,187

Repayable by instalments
Bank loans more 5 yr by instal 115,022 142,999

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 442,389 451,286

The bank has a mortgage debenture incorporating a fixed and floating charge over the current assets of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
6 A Ordinary £1 6 6
6 B Ordinary £1 6 6
12 C Ordinary £1 12 12
12 D Ordinary £1 12 12
12 E Ordinary £1 12 12
48 48

11. RELATED PARTY DISCLOSURES

Included in other debtors is an amount of £22,867 (2022 - £28,028) due from Moreland & Co Solicitors Limited relating to an advance made, a company in which the directors are also directors and shareholders.

Included in other creditors is an amount of £6,005 (2022 - £6,005) due to Moreland & Co Solicitors Limited relating to fees paid on behalf of the company.