IRIS Accounts Production v24.2.0.383 05293171 director 31.12.22 29.12.23 29.12.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052931712022-12-30052931712023-12-29052931712022-12-312023-12-29052931712021-12-30052931712021-12-312022-12-30052931712022-12-3005293171ns15:EnglandWales2022-12-312023-12-2905293171ns14:PoundSterling2022-12-312023-12-2905293171ns10:Director12022-12-312023-12-2905293171ns10:PrivateLimitedCompanyLtd2022-12-312023-12-2905293171ns10:SmallEntities2022-12-312023-12-2905293171ns10:AuditExemptWithAccountantsReport2022-12-312023-12-2905293171ns10:SmallCompaniesRegimeForDirectorsReport2022-12-312023-12-2905293171ns10:SmallCompaniesRegimeForAccounts2022-12-312023-12-2905293171ns10:FullAccounts2022-12-312023-12-2905293171ns10:OrdinaryShareClass12022-12-312023-12-2905293171ns10:CompanySecretary12022-12-312023-12-2905293171ns10:RegisteredOffice2022-12-312023-12-2905293171ns5:CurrentFinancialInstruments2023-12-2905293171ns5:CurrentFinancialInstruments2022-12-3005293171ns5:Non-currentFinancialInstruments2023-12-2905293171ns5:Non-currentFinancialInstruments2022-12-3005293171ns5:ShareCapital2023-12-2905293171ns5:ShareCapital2022-12-3005293171ns5:RetainedEarningsAccumulatedLosses2023-12-2905293171ns5:RetainedEarningsAccumulatedLosses2022-12-3005293171ns5:FurnitureFittings2022-12-312023-12-2905293171ns5:FurnitureFittings2023-12-2905293171ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-2905293171ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3005293171ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-12-2905293171ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2022-12-3005293171ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-2905293171ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-12-3005293171ns10:OrdinaryShareClass12023-12-2905293171ns5:RetainedEarningsAccumulatedLosses2022-12-3005293171ns5:RetainedEarningsAccumulatedLosses2022-12-312023-12-29
REGISTERED NUMBER: 05293171 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD

31 DECEMBER 2022 TO 29 DECEMBER 2023

FOR

MORELAND ESTATE MANAGEMENT LIMITED

MORELAND ESTATE MANAGEMENT LIMITED (REGISTERED NUMBER: 05293171)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 DECEMBER 2022 TO 29 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 9

MORELAND ESTATE MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE PERIOD 31 DECEMBER 2022 TO 29 DECEMBER 2023







DIRECTOR: L C Freilich





SECRETARY: B Grossman





REGISTERED OFFICE: 5 Sentinel Square
Hendon
London
NW4 2EL





REGISTERED NUMBER: 05293171 (England and Wales)





ACCOUNTANTS: MGR Paris Limited
Chartered Accountants
Russell House
140 High Street
Edgware
HA8 7LW

MORELAND ESTATE MANAGEMENT LIMITED (REGISTERED NUMBER: 05293171)

BALANCE SHEET
29 DECEMBER 2023

29.12.23 30.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 82,860 -

CURRENT ASSETS
Debtors 5 1,278,339 148,794
Cash at bank and in hand 14,752 3,041
1,293,091 151,835
CREDITORS
Amounts falling due within one year 6 (1,318,951 ) (31,482 )
NET CURRENT (LIABILITIES)/ASSETS (25,860 ) 120,353
TOTAL ASSETS LESS CURRENT LIABILITIES 57,000 120,353

CREDITORS
Amounts falling due after more than one year 7 (16,374 ) (26,357 )
NET ASSETS 40,626 93,996

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 40,625 93,995
SHAREHOLDERS' FUNDS 40,626 93,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MORELAND ESTATE MANAGEMENT LIMITED (REGISTERED NUMBER: 05293171)

BALANCE SHEET - continued
29 DECEMBER 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 director and authorised for issue on 23 September 2024 and were signed by:





L C Freilich - Director


MORELAND ESTATE MANAGEMENT LIMITED (REGISTERED NUMBER: 05293171)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 DECEMBER 2022 TO 29 DECEMBER 2023


1. STATUTORY INFORMATION

Moreland Estate Management 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Cash and cash equivalents
Cash and cash equivalent include cash in hand, deposits, held at call with banks, other short term liquid investments with original maturities of three months or less.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 88,384
At 29 December 2023 88,384
DEPRECIATION
Charge for period 5,524
At 29 December 2023 5,524
NET BOOK VALUE
At 29 December 2023 82,860

MORELAND ESTATE MANAGEMENT LIMITED (REGISTERED NUMBER: 05293171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 DECEMBER 2022 TO 29 DECEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.12.23 30.12.22
£    £   
Other debtors 1,278,339 148,794

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.12.23 30.12.22
£    £   
Bank loans and overdrafts (see note 8) 8,990 8,990
Taxation and social security 24,958 22,492
Other creditors 1,285,003 -
1,318,951 31,482

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.12.23 30.12.22
£    £   
Bank loans (see note 8) 16,374 26,357

8. LOANS

An analysis of the maturity of loans is given below:

29.12.23 30.12.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 8,990 8,990

Amounts falling due between one and two years:
Bank loans - 1-2 years 9,240 9,240

Amounts falling due between two and five years:
Bank loans - 2-5 years 7,134 17,117

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.12.23 30.12.22
value: £    £   
1 Ordinary 1 1 1

MORELAND ESTATE MANAGEMENT LIMITED (REGISTERED NUMBER: 05293171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 DECEMBER 2022 TO 29 DECEMBER 2023


10. RESERVES
Retained
earnings
£   

At 31 December 2022 93,995
Deficit for the period (53,370 )
At 29 December 2023 40,625

11. RELATED PARTY DISCLOSURES

Moreland Estate Property Management Limited
A company under common control.

The amount is repayable on demand
2023 2022
£
Amount due to related party at the balance sheet date 26,501 -


MP Group Services Ltd

A company under common control


29.12.23 30.12.22
£    £   
Amount due from/(to) related party at the balance sheet date 920,619 (4,035 )

Reelstone Property Holdings

A company under common control


29.12.23 30.12.22
£    £   
Amount due to related party at the balance sheet date 11,000 10,000

MORELAND ESTATE MANAGEMENT LIMITED (REGISTERED NUMBER: 05293171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 DECEMBER 2022 TO 29 DECEMBER 2023


11. RELATED PARTY DISCLOSURES - continued

MPG Payroll Services Ltd

A company under common control


29.12.23 30.12.22
£    £   
Amount due from related party at the balance sheet date 181,927 -

Dunphys Ltd

A company under common control


29.12.23 30.12.22
£    £   
Amount due from related party at the balance sheet date 15,232 -

Moreland Property Group Ltd

A company under common control


29.12.23 30.12.22
£    £   
Amount due from related party at the balance sheet date 153,024 -

Dunphys Holdings Ltd

A company under common control


29.12.23 30.12.22
£    £   
Amount due from related party at the balance sheet date 300 -

MORELAND ESTATE MANAGEMENT LIMITED (REGISTERED NUMBER: 05293171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 DECEMBER 2022 TO 29 DECEMBER 2023


11. RELATED PARTY DISCLOSURES - continued

392 to 402 Lillie Road limited

A company under common control


29.12.23 30.12.22
£    £   
Amount due from related party at the balance sheet date 235 -

Moreland Investments (UK) Ltd

A company under common control


29.12.23 30.12.22
£    £   
Amount due to related party at the balance sheet date 3,000 -

Edmund Kirby Ltd

A company under common control


29.12.23 30.12.22
£    £   
Amount due from related party at the balance sheet date 475 -

Reelstone Property Holdings

A company under common control


29.12.23 30.12.22
£    £   
Amount due to related party at the balance sheet date 11,500 -

12. ULTIMATE PARENT COMPANY

The Moreland Property Group is regarded by the director as being the ultimate parent company.

ULTIMATE CONTROLLING PARTY

The director considers the ultimate controlling party of the company to be the board of the Moreland Property Group Limited.

ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MORELAND ESTATE MANAGEMENT LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Moreland Estate Management Limited for the period ended 29 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Moreland Estate Management Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Moreland Estate Management Limited and state those matters that we have agreed to state to the director of Moreland Estate Management Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Moreland Estate Management Limited and its director for our work or for this report.

It is your duty to ensure that Moreland Estate Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Moreland Estate Management Limited. You consider that Moreland Estate Management Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Moreland Estate Management 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 financial statements.






MGR Paris Limited
Chartered Accountants
Russell House
140 High Street
Edgware
HA8 7LW


23 September 2024