Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3132023-01-01falseCommercial and residential property investment3falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03634789 2023-01-01 2023-12-31 03634789 2022-01-01 2022-12-31 03634789 2023-12-31 03634789 2022-12-31 03634789 1 2023-01-01 2023-12-31 03634789 d:Director1 2023-01-01 2023-12-31 03634789 c:FreeholdInvestmentProperty 2023-12-31 03634789 c:FreeholdInvestmentProperty 2022-12-31 03634789 c:CurrentFinancialInstruments 2023-12-31 03634789 c:CurrentFinancialInstruments 2022-12-31 03634789 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 03634789 c:CurrentFinancialInstruments c:WithinOneYear 2022-12-31 03634789 c:ShareCapital 2023-12-31 03634789 c:ShareCapital 2022-12-31 03634789 c:RetainedEarningsAccumulatedLosses 2023-12-31 03634789 c:RetainedEarningsAccumulatedLosses 2022-12-31 03634789 d:OrdinaryShareClass1 2023-01-01 2023-12-31 03634789 d:OrdinaryShareClass1 2023-12-31 03634789 d:OrdinaryShareClass1 2022-12-31 03634789 d:FRS102 2023-01-01 2023-12-31 03634789 d:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03634789 d:FullAccounts 2023-01-01 2023-12-31 03634789 d:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03634789 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure



Company Registration No. 03634789 (England and Wales)





M & I LEISURE LIMITED

UNAUDITED
FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2023




































Riordan O'Sullivan & Co
Chartered Certified Accountants
40 Chamberlayne Road
London
NW10 3JE

 
M & I LEISURE LIMITED
REGISTERED NUMBER:03634789

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
485,733
485,733

  
485,733
485,733

Current assets
  

Debtors: amounts falling due within one year
 5 
19,984
17,352

Cash at bank and in hand
  
8,193
8,512

  
28,177
25,864

Creditors: amounts falling due within one year
 6 
(41,057)
(41,120)

Net current liabilities
  
 
 
(12,880)
 
 
(15,256)

Total assets less current liabilities
  
472,853
470,477

  

Net assets
  
472,853
470,477


Capital and reserves
  

Called up share capital 
 7 
442,500
442,500

Profit and loss account
  
30,353
27,977

  
472,853
470,477


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 August 2024.




___________________________
Ivor O'Connor
Director
Page 1

 
M & I LEISURE LIMITED
REGISTERED NUMBER:03634789
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


Page 2

 
M & I LEISURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

M&I Leisure Limited is a private company limited by shares incorporated in England and Wales. The registered office is 40 Chamberlayne Road, London, NW10 3JE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors consider that it is appropriate to prepare the financial statements on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future.

 
2.3

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Investment property


Freehold investment property

£



Valuation


At 1 January 2023
485,733



At 31 December 2023
485,733




Page 3

 
M & I LEISURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
16,463
14,267

Other debtors
3,521
3,085

19,984
17,352



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
2,225
2,351

Other creditors
36,832
36,769

Accruals
2,000
2,000

41,057
41,120


Page 4

 
M & I LEISURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



442,500 (2022 - 442,500) Ordinary Shares shares of £1.00 each
442,500
442,500



8.


Post balance sheet events

There were no events since the year end which materially affected the company.


9.


Controlling party

Ivor O'Connor, toggether with his wife owns 100% of the issued share capital of the company and is therefore the ultimate controller of the company.

 
Page 5