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REGISTERED NUMBER: 08963915 (England and Wales)















Moor Park Property Company Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






Moor Park Property Company Limited (Registered number: 08963915)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Moor Park Property Company Limited

Company Information
for the Year Ended 31 March 2024







Directors: Lynda Hall
Vera May Shaw
Graham William Shaw





Registered office: 76 Blackpool Road
Poulton Le Fylde
Lancashire
FY6 7QQ





Registered number: 08963915 (England and Wales)





Accountants: Leach Briely
Craven House
32 Lee Lane
Horwich
Bolton
BL6 7BY

Moor Park Property Company Limited (Registered number: 08963915)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investment property 4 950,000 950,000

Current assets
Debtors 5 201,138 200,408
Cash at bank 46,583 43,205
247,721 243,613
Creditors
Amounts falling due within one year 6 106,546 107,905
Net current assets 141,175 135,708
Total assets less current liabilities 1,091,175 1,085,708

Creditors
Amounts falling due after more than
one year

7

(185,732

)

(217,547

)

Provisions for liabilities 8 (110,539 ) (110,539 )
Net assets 794,904 757,622

Capital and reserves
Called up share capital 9 100 100
Fair value reserve 10 368,630 368,630
Retained earnings 426,174 388,892
Shareholders' funds 794,904 757,622

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Moor Park Property Company Limited (Registered number: 08963915)

Statement of Financial Position - continued
31 March 2024


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 Board of Directors and authorised for issue on 27 September 2024 and were signed on its behalf by:





Vera May Shaw - Director


Moor Park Property Company Limited (Registered number: 08963915)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. Statutory information

Moor Park Property Company 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.

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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation
The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

3. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

Moor Park Property Company Limited (Registered number: 08963915)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. Investment property
Total
£   
Fair value
At 1 April 2023
and 31 March 2024 950,000
Net book value
At 31 March 2024 950,000
At 31 March 2023 950,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2019 950,000

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 19,443 18,470
Other debtors 181,695 181,938
201,138 200,408

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans 31,815 31,815
Trade creditors 587 513
Taxation and social security 16,644 25,978
Other creditors 57,500 49,599
106,546 107,905

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 185,732 217,547

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 58,471 90,287

Moor Park Property Company Limited (Registered number: 08963915)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. Provisions for liabilities
2024 2023
£    £   
Deferred tax 110,539 110,539

Deferred
tax
£   
Balance at 1 April 2023 110,539
Balance at 31 March 2024 110,539

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

10. Reserves
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 368,630

11. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Graham William Shaw
Balance outstanding at start of year - -
Amounts advanced 7,303 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,303 -

Moor Park Property Company Limited (Registered number: 08963915)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

11. Directors' advances, credits and guarantees - continued

Lynda Hall
Balance outstanding at start of year - -
Amounts advanced 7,080 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,080 -