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REGISTERED NUMBER: 11689048 (England and Wales)















MURRAY ROAD PARTNERS LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023






MURRAY ROAD PARTNERS LIMITED (REGISTERED NUMBER: 11689048)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MURRAY ROAD PARTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: P Gillott
M Gillott
M J Holland





REGISTERED OFFICE: 300 Cemetery Road
Sheffield
United Kingdom
S11 8FT





REGISTERED NUMBER: 11689048 (England and Wales)





ACCOUNTANTS: Duncan Chartered Accountants
5 Cherrytree
Union Road
Sheffield
South Yorkshire
S11 9EF

MURRAY ROAD PARTNERS LIMITED (REGISTERED NUMBER: 11689048)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,416,394 1,375,821

CURRENT ASSETS
Stocks 43,800 16,000
Debtors 5 44,872 51,320
Cash at bank 6,060 20,729
94,732 88,049
CREDITORS
Amounts falling due within one year 6 1,386,913 1,385,632
NET CURRENT LIABILITIES (1,292,181 ) (1,297,583 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,213

78,238

CREDITORS
Amounts falling due after more than one
year

7

15,000

25,000
NET ASSETS 109,213 53,238

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 109,113 53,138
109,213 53,238

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.

MURRAY ROAD PARTNERS LIMITED (REGISTERED NUMBER: 11689048)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by:





M Gillott - Director


MURRAY ROAD PARTNERS LIMITED (REGISTERED NUMBER: 11689048)

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


1. STATUTORY INFORMATION

Murray Road Partners Limited 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

MURRAY ROAD PARTNERS LIMITED (REGISTERED NUMBER: 11689048)

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


3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
COST
At 1 December 2022 1,375,821
Additions 40,573
At 30 November 2023 1,416,394
NET BOOK VALUE
At 30 November 2023 1,416,394
At 30 November 2022 1,375,821

Investment property comprises a portfolio of properties on Ecclesall Road, Sheffield. In the opinion of the directors, there was no material difference between the cost of the assets and their fair values at 30 November 2023.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 44,872 51,320

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 5,085 6,418
Taxation and social security 24,195 12,464
VAT 2,524 -
Deposit creditor 17,000 -
Other creditors 643,991 319,870
Directors' current accounts 682,285 1,029,659
Accrued expenses 1,833 7,221
1,386,913 1,385,632

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans more 5 yr by instal 15,000 25,000

MURRAY ROAD PARTNERS LIMITED (REGISTERED NUMBER: 11689048)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.11.23 30.11.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 15,000 25,000

8. RELATED PARTY DISCLOSURES

At 30 November 2023 there were amounts owed to the directors as follows:

M Gillott £598
P Gillott £598
M Holland £681,088

These amounts are unsecured and interest-free.

At 30 November 2023, £502,460 (2022: £153,870 was owed by the company to MPG Property Management Company Limited. M Gillott and P Gillott are directors and shareholders in this company.

At 30 November 2023, £58,530 (2022: £83,000) was owed by the company to Cemetery Road Motor Company Limited. M Gillott and P Gillott are directors and shareholders in this company.

At 30 November 2023, £83,000 (2022: £83,000) was owed by the company to MPG Land & Property Limited. M Gillott and P Gillott are directors and are the beneficial owners of this company.