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REGISTERED NUMBER: 04913686 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

M & P Property Investments Limited

M & P Property Investments Limited (Registered number: 04913686)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M & P Property Investments Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: M E Jones
J Jones





REGISTERED OFFICE: The Gatehouse
2 Devonhurst Place
Heathfield Terrace
Chiswick
London
W4 4JD





REGISTERED NUMBER: 04913686 (England and Wales)





ACCOUNTANTS: Freeman Carr
Chartered Certified Accountants
The Gatehouse
2 Devonhurst Place
Heathfield Terrace
Chiswick
London
W4 4JD

M & P Property Investments Limited (Registered number: 04913686)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,434,105 716,652

CURRENT ASSETS
Stocks 28,765 26,405
Debtors 5 14,961 6,235
Cash at bank and in hand 74,348 605,928
118,074 638,568
CREDITORS
Amounts falling due within one year 6 344,990 923,148
NET CURRENT LIABILITIES (226,916 ) (284,580 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,207,189

432,072

CREDITORS
Amounts falling due after more than one
year

7

(1,831,180

)

(170,516

)

PROVISIONS FOR LIABILITIES (59,232 ) (37,820 )
NET ASSETS 316,777 223,736

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 316,775 223,734
316,777 223,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 29 January 2025 and were signed on its behalf by:





M E Jones - Director


M & P Property Investments Limited (Registered number: 04913686)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

M & P Property Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
As at 30 April 2024 the company had net current liabilities of £226,916. The ability of the company to continue to trade and meet its liabilities as they fall due is dependent on the company's directors continuing to support it and not request repayment of the loans advanced to the company, which they have said they will not. The directors therefore consider it appropriate to prepare the accounts on the going concern basis.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

Computer Equipment - 20% reducing balance.
Fixtures & Fittings - 20% reducing balance.
Plant & Machinery - 20% reducing balance.
Motor vehicles - 20% reducing balance.

Land and buildings are not depreciated as this would not be appropriate.

Government grants
Government grants are included in the accounts when receivable.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like cash and bank balances, trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


M & P Property Investments Limited (Registered number: 04913686)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 25 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 517,598 253,659 771,257
Additions 1,679,578 109,824 1,789,402
Disposals - (15,000 ) (15,000 )
At 30 April 2024 2,197,176 348,483 2,545,659
DEPRECIATION
At 1 May 2023 - 54,605 54,605
Charge for year - 62,349 62,349
Eliminated on disposal - (5,400 ) (5,400 )
At 30 April 2024 - 111,554 111,554
NET BOOK VALUE
At 30 April 2024 2,197,176 236,929 2,434,105
At 30 April 2023 517,598 199,054 716,652

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 1,503 6,235
Other debtors 13,458 -
14,961 6,235

M & P Property Investments Limited (Registered number: 04913686)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 50,695 17,168
Hire purchase contracts 62,033 -
Trade creditors 18,748 62,009
Amounts owed to group undertakings 117,864 -
Amounts owed to participating interests - 177,101
Taxation and social security 50,992 17,254
Other creditors 44,658 649,616
344,990 923,148

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 268,400 -
Hire purchase contracts - 60,516
Amounts owed to group undertakings 400,000 -
Other creditors 1,162,780 110,000
1,831,180 170,516

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 253,475 -