Company Registration No. 12092607 (England and Wales)
M WILSON PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 July 2024
M WILSON PROPERTIES LIMITED
Unaudited accounts
Contents
M WILSON PROPERTIES LIMITED
Company Information
for the year ended 31 July 2024
Director
Martin Robert Wilson
Company Number
12092607 (England and Wales)
Registered Office
JSM PARTNERS, BRIGHTFIELD BUSINESS HUB B
ORTON SOUTHGATE
PETERBOROUGH
PE2 6XU
ENGLAND
Accountants
JSM Partners
Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
M WILSON PROPERTIES LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
262,791
262,790
Cash at bank and in hand
19,797
912
Creditors: amounts falling due within one year
(134,185)
(101,615)
Net current liabilities
(113,621)
(100,703)
Total assets less current liabilities
149,170
162,087
Creditors: amounts falling due after more than one year
(232,382)
(240,365)
Net liabilities
(83,212)
(78,278)
Called up share capital
1
1
Profit and loss account
(83,213)
(78,279)
Shareholders' funds
(83,212)
(78,278)
For the year ending 31 July 2024 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 9 September 2024 and were signed on its behalf by
Martin Robert Wilson
Director
Company Registration No. 12092607
M WILSON PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 July 2024
M WILSON PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12092607. The registered office is JSM PARTNERS, BRIGHTFIELD BUSINESS HUB B, ORTON SOUTHGATE, PETERBOROUGH, PE2 6XU, ENGLAND.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
262,438
119
363
289
263,209
At 31 July 2024
262,438
319
363
289
263,409
At 1 August 2023
-
89
114
216
419
Charge for the year
-
35
91
73
199
At 31 July 2024
-
124
205
289
618
At 31 July 2024
262,438
195
158
-
262,791
At 31 July 2023
262,438
30
249
73
262,790
Amounts falling due within one year
Accrued income and prepayments
767
-
M WILSON PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
134,185
101,615
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
232,382
240,365
During the year loans totalling £134,185 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).