1 March 2023 false No description of principal activity Taxfiler 2024.6 10628638business:PrivateLimitedCompanyLtd2023-03-012024-02-28 106286382023-02-28 106286382023-03-012024-02-28 10628638business:AuditExempt-NoAccountantsReport2023-03-012024-02-28 10628638business:FilletedAccounts2023-03-012024-02-28 106286382024-02-28 10628638business:Director12023-03-012024-02-28 10628638business:Director22023-03-012024-02-28 10628638business:RegisteredOffice2023-03-012024-02-28 106286382023-02-28 10628638core:WithinOneYear2024-02-28 10628638core:WithinOneYear2023-02-28 10628638core:AfterOneYear2024-02-28 10628638core:AfterOneYear2023-02-28 10628638core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 10628638core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10628638core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 10628638core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10628638core:PreviouslyStatedAmount2024-02-28 10628638core:PreviouslyStatedAmount2023-02-28 10628638business:SmallEntities2023-03-012024-02-28 10628638countries:EnglandWales2023-03-012024-02-28 10628638core:AfterOneYear2023-03-012024-02-28 106286382022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10628638 (England and Wales)
MK Taylor Property Acquisitions Limited Unaudited accounts for the period from 1 March 2023 to 28 February 2024
MK Taylor Property Acquisitions Limited Unaudited accounts Contents
Page
- 2 -
MK Taylor Property Acquisitions Limited Company Information for the period from 1 March 2023 to 28 February 2024
Directors
Mohamed Tarek Khalil Simon Charles Taylor-Foster
Company Number
10628638 (England and Wales)
Registered Office
19 Shenley Pavilions Chalkdell Drive Shenley Wood Milton Keynes Buckinghamshire MK5 6LB England
- 3 -
MK Taylor Property Acquisitions Limited Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
37,687 
56,744 
Cash at bank and in hand
(1,411)
(1,618)
36,276 
55,126 
Creditors: amounts falling due within one year
(48,566)
(75,640)
Net current liabilities
(12,290)
(20,514)
Total assets less current liabilities
(12,290)
(20,514)
Creditors: amounts falling due after more than one year
(238,788)
(264,004)
Net liabilities
(251,078)
(284,518)
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(251,278)
(284,718)
Shareholders' funds
(251,078)
(284,518)
For the period ending 28 February 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by
Simon Charles Taylor-Foster Director Company Registration No. 10628638
- 4 -
MK Taylor Property Acquisitions Limited Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
MK Taylor Property Acquisitions Limited is a private company, limited by shares, registered in England and Wales, registration number 10628638. The registered office is 19 Shenley Pavilions, Chalkdell Drive, Shenley Wood, Milton Keynes, Buckinghamshire, MK5 6LB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
8,700 
10,098 
Trade debtors
18,000 
18,000 
Other debtors
- 
28,646 
26,700 
56,744 
Amounts falling due after more than one year
Other debtors
10,987 
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
7,200 
Taxes and social security
- 
6,163 
Other creditors
48,566 
29,784 
Loans from directors
- 
32,493 
48,566 
75,640 
- 5 -
MK Taylor Property Acquisitions Limited Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,328 
21,646 
Other creditors
31,873 
31,873 
Loans from directors
186,587 
210,485 
238,788 
264,004 
The Loan of £210,485 represents a directors loan from Mr Mohamed Tarek Ahmed Abdelrazek Khalil. The loan is unsecured and subordinated in favour of all third-party creditors.
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).
- 6 -