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Mortgage Incentive Funds Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

Registration number: 00875483

 

Mortgage Incentive Funds Limited

Contents

Statement of financial position

1 to 2

Notes to the Unaudited Financial Statements

1

 

Mortgage Incentive Funds Limited

(Registration number: 00875483)
Statement of financial position as at 31 December 2023

2023
£

2022
£

Fixed assets

1,631,143

2,522,471

Current assets

2,800,569

1,663,261

Prepayments and accrued income

2,287

84

Creditors: Amounts falling due within one year

(173,241)

(200,972)

Net current assets

2,629,615

1,462,373

Total assets less current liabilities

4,260,758

3,984,844

Accruals and deferred income

(19,838)

(23,309)

 

4,240,920

3,961,535

Capital and reserves

4,240,920

3,961,535

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:
First Floor
Old House Mews
London Road
Hosham
West Sussex
RH12 1AF

These financial statements were authorised for issue by the Board on 30 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'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2022 - 4).

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

 

Mortgage Incentive Funds Limited

(Registration number: 00875483)
Statement of financial position as at 31 December 2023

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 Income statement.

Approved and authorised by the Board on 30 August 2024 and signed on its behalf by:
 

.........................................
J E Allen
Director