Acorah Software Products - Accounts Production 16.1.300 false true true 31 October 2022 1 November 2021 false 1 November 2022 30 October 2023 30 October 2023 11041029 Mrs Maxine Hancock Mr Miles Hancock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11041029 2022-10-31 11041029 2023-10-30 11041029 2022-11-01 2023-10-30 11041029 frs-core:CurrentFinancialInstruments 2023-10-30 11041029 frs-core:Non-currentFinancialInstruments 2023-10-30 11041029 frs-core:FurnitureFittings 2023-10-30 11041029 frs-core:FurnitureFittings 2022-11-01 2023-10-30 11041029 frs-core:FurnitureFittings 2022-10-31 11041029 frs-core:OtherReservesSubtotal 2023-10-30 11041029 frs-core:ShareCapital 2023-10-30 11041029 frs-core:RetainedEarningsAccumulatedLosses 2023-10-30 11041029 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-30 11041029 frs-bus:FilletedAccounts 2022-11-01 2023-10-30 11041029 frs-bus:SmallEntities 2022-11-01 2023-10-30 11041029 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-30 11041029 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-30 11041029 frs-core:CostValuation 2022-10-31 11041029 frs-core:CostValuation 2023-10-30 11041029 frs-core:ProvisionsForImpairmentInvestments 2022-10-31 11041029 frs-core:ProvisionsForImpairmentInvestments 2023-10-30 11041029 frs-bus:Director1 2022-11-01 2023-10-30 11041029 frs-bus:Director2 2022-11-01 2023-10-30 11041029 frs-countries:EnglandWales 2022-11-01 2023-10-30 11041029 2021-10-31 11041029 2022-10-31 11041029 2021-11-01 2022-10-31 11041029 frs-core:CurrentFinancialInstruments 2022-10-31 11041029 frs-core:Non-currentFinancialInstruments 2022-10-31 11041029 frs-core:OtherReservesSubtotal 2022-10-31 11041029 frs-core:ShareCapital 2022-10-31 11041029 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 11041029
MSH Real Estate Limited
Unaudited Financial Statements
For The Year Ended 30 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11041029
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,803 33,071
Investment Properties 5 1,750,000 1,750,000
Fixed Asset Investments 6 10 10
1,774,813 1,783,081
CURRENT ASSETS
Debtors 7 61,852 15,815
Cash at bank and in hand 9,174 5,003
71,026 20,818
Creditors: Amounts Falling Due Within One Year 8 (999,214 ) (960,879 )
NET CURRENT ASSETS (LIABILITIES) (928,188 ) (940,061 )
TOTAL ASSETS LESS CURRENT LIABILITIES 846,625 843,020
Creditors: Amounts Falling Due After More Than One Year 9 (850,046 ) (850,396 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (35,075 ) (35,075 )
NET LIABILITIES (38,496 ) (42,451 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Non-distributable reserve 149,531 149,531
Profit and Loss Account (188,127 ) (192,082 )
SHAREHOLDERS' FUNDS (38,496) (42,451)
Page 1
Page 2
For the year ending 30 October 2023 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Miles Hancock
Director
16 January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
MSH Real Estate Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11041029 . The registered office is Basepoint Bromsgrove, Bromsgrove Technology Park, Isidore Road, Bromsgrove, B60 3ET.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% on reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2022 57,491
As at 30 October 2023 57,491
Depreciation
As at 1 November 2022 24,420
Provided during the period 8,268
As at 30 October 2023 32,688
Net Book Value
As at 30 October 2023 24,803
As at 1 November 2022 33,071
Page 3
Page 4
5. Investment Property
2023
£
Fair Value
As at 1 November 2022 and 30 October 2023 1,750,000
6. Fixed Asset Investments
Associates
£
Cost
As at 1 November 2022 10
As at 30 October 2023 10
Provision
As at 1 November 2022 -
As at 30 October 2023 -
Net Book Value
As at 30 October 2023 10
As at 1 November 2022 10
7. Debtors
2023 2022
£ £
Due within one year
Amounts owed by participating interests 61,852 15,815
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 84
Bank loans and overdrafts 657 665
Amounts owed to participating interests 173,683 27,810
Other creditors 824,874 930,152
Taxation and social security - 2,168
999,214 960,879
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank Loans - 1 - 2 Years 800 824
Bank Loans - 2 - 5 Years 2,404 2,476
Bank Loans - more than 5 years 846,842 847,096
850,046 850,396
Page 4
Page 5
10. Secured Creditors
Of the creditors the following amounts are secured.
The bank loan is secured by way of a mortgage charge over the investment property and fixed and floating
charges over all assets and undertakings of the company.
2023 2022
£ £
Bank loans and overdrafts 850,703 851,061
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5