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REGISTERED NUMBER: 10031815 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

My Property and Home Limited

My Property and Home Limited (Registered number: 10031815)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


My Property and Home Limited (Registered number: 10031815)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investment property 4 1,359,067 1,359,067

Current assets
Cash at bank 27,909 16,902

Creditors
Amounts falling due within one year 5 219,370 216,614
Net current liabilities (191,461 ) (199,712 )
Total assets less current liabilities 1,167,606 1,159,355

Creditors
Amounts falling due after more than
one year

6

(992,870

)

(992,870

)

Provisions for liabilities (32,197 ) (32,197 )
Net assets 142,539 134,288

Capital and reserves
Called up share capital 7 142 142
Retained earnings 8 142,397 134,146
Shareholders' funds 142,539 134,288

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.

My Property and Home Limited (Registered number: 10031815)

Balance Sheet - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by:





I Cooper - Director


My Property and Home Limited (Registered number: 10031815)

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

1. Statutory information

My Property and Home Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10031815

Registered office: Pound House
62a Highgate High Street
London
N6 5HX

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

My Property and Home Limited (Registered number: 10031815)

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

2. Accounting policies - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4. Investment property
Total
£   
Fair value
At 1 April 2023
and 31 March 2024 1,359,067
Net book value
At 31 March 2024 1,359,067
At 31 March 2023 1,359,067

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2019 128,786
Cost 1,230,281
1,359,067

5. Creditors: amounts falling due within one year
2024 2023
£    £   
Other loans 30,000 30,000
Tax 1,936 4,179
Other creditors 1,890 1,705
Directors' current accounts 185,544 180,730
219,370 216,614

6. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 992,870 992,870

My Property and Home Limited (Registered number: 10031815)

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

6. Creditors: amounts falling due after more than one year - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 992,870 992,870

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
142 Ordinary £1.00 142 142

8. Reserves
Retained
earnings
£   

At 1 April 2023 134,146
Profit for the year 8,251
At 31 March 2024 142,397

Included in reserves is an amount of £96,590 in respect of the revaluation of the investment property, which is not distributable until this is realised by way of sale of the property.

9. Ultimate controlling party

The ultimate controlling party is I Cooper.