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Registration number: 11980727

Merlion Property Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Merlion Property Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

Merlion Property Limited

Company Information

Directors

Mr Chin Pong Phang

Dr Li Lee Peng

Registered office

York House
20 York Street
Manchester
Greater Manchester
England
M2 3BB

Accountants

Williamson Croft Accountants Limited
Chartered Certified Accountants
York House
20 York Street
Manchester
M2 3BB

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Merlion Property Limited
for the Year Ended 31 May 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Merlion Property Limited for the year ended 31 May 2024 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Merlion Property Limited, as a body, in accordance with the terms of our engagement letter dated 1 November 2022. Our work has been undertaken solely to prepare for your approval the accounts of Merlion Property Limited and state those matters that we have agreed to state to the Board of Directors of Merlion Property Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Merlion Property Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Merlion Property Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Merlion Property Limited. You consider that Merlion Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Merlion Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Williamson Croft Accountants Limited
Chartered Certified Accountants
York House
20 York Street
Manchester
M2 3BB

19 August 2024

 

Merlion Property Limited

(Registration number: 11980727)
Balance Sheet as at 31 May 2024

2024
£

2023
£

Fixed assets

662,477

663,749

Current assets

9,897

13,330

Prepayments and accrued income

3,897

3,049

Creditors: Amounts falling due within one year

(456,110)

(473,044)

Net current liabilities

(442,316)

(456,665)

Total assets less current liabilities

220,161

207,084

Creditors: Amounts falling due after more than one year

(194,107)

(194,107)

Accruals and deferred income

(4,940)

(3,093)

 

21,114

9,884

Capital and reserves

21,114

9,884

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
York House
20 York Street
Manchester
Greater Manchester
England
M2 3BB

These financial statements were authorised for issue by the Board on 19 August 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are presented in sterling which is the functional currency of the company.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

 

Merlion Property Limited

(Registration number: 11980727)
Balance Sheet as at 31 May 2024

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 August 2024 and signed on its behalf by:
 

.........................................
Mr Chin Pong Phang
Director