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Registered number: 13365955
Mavesyn Property Investments Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Richards Associates Limited
North Lodge
Hawkesyard
Rugeley
Staffordshire
WS15 1PS
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13365955
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 302,774 302,774
302,774 302,774
CURRENT ASSETS
Debtors 693 -
Cash at bank and in hand 5,986 1,728
6,679 1,728
Creditors: Amounts Falling Due Within One Year 5 (91,791 ) (89,123 )
NET CURRENT ASSETS (LIABILITIES) (85,112 ) (87,395 )
TOTAL ASSETS LESS CURRENT LIABILITIES 217,662 215,379
Creditors: Amounts Falling Due After More Than One Year 6 (218,495 ) (218,495 )
NET LIABILITIES (833 ) (3,116 )
CAPITAL AND RESERVES
Called up share capital 7 3 3
Profit and Loss Account (836 ) (3,119 )
SHAREHOLDERS' FUNDS (833) (3,116)
Page 1
Page 2
For the year ending 30 April 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.
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 C Knight
Director
28 January 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mavesyn Property Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13365955 . The registered office is C/O Richards Associates Ltd, North Lodge, Hawkesyard, Rugeley, Staffordshire, WS15 1PS.
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
At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
The directors continue to adopt the going concern basis of accounting in preparing financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. 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. Changes in fair value are recognised in the profit and loss account.
2.5. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financialassets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 302,774
The directors believe that the valuation of the property is not materially different to the valuation shown in the accounts. 
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 523 -
Other creditors 15,000 15,000
Accruals and deferred income 1,228 1,991
Directors' loan accounts 75,040 72,132
91,791 89,123
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 218,495 218,495
218,495 218,495
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
3 Ordinary Shares of £ 1.00 each 3 3
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr C and Mr R Knight by virtue of their ownership of 100% of the issued share capital in the company.
9. Going concern
Total liabilities exceed total assets however, the company is able to meet any liabilities that may fall due.
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