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
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
MK Taylor Property Acquisitions Limited
Statement of financial position
as at 28 February 2024
Cash at bank and in hand
(1,411)
(1,618)
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)
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
MK Taylor Property Acquisitions Limited
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
Trade debtors
18,000
18,000
Amounts falling due after more than one year
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
6,163
Other creditors
48,566
29,784
Loans from directors
-
32,493
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
Other creditors
31,873
31,873
Loans from directors
186,587
210,485
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).