2 2 MB Hillingdon Limited 09711183 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is the acquisition of land, the building of residential property and the subsequent sale of residential properties. Digita Accounts Production Advanced 6.30.9574.0 true 09711183 2023-01-01 2023-12-31 09711183 2023-12-31 09711183 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 09711183 bus:Micro-entities 2023-01-01 2023-12-31 09711183 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 09711183 bus:FilletedAccounts 2023-01-01 2023-12-31 09711183 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09711183 bus:RegisteredOffice 2023-01-01 2023-12-31 09711183 bus:Director2 2023-01-01 2023-12-31 09711183 bus:Director4 2023-01-01 2023-12-31 09711183 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09711183 countries:EnglandWales 2023-01-01 2023-12-31 09711183 2022-01-01 2022-12-31 09711183 2022-12-31 09711183 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 xbrli:pure iso4217:GBP

Registration number: 09711183

MB Hillingdon Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

MB Hillingdon Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

MB Hillingdon Limited

Company Information

Directors

Miss T M Shah

Mr H L Shah

Registered office

76 Canterbury Road
Croydon
Surrey
CR0 3HA

 

MB Hillingdon Limited

(Registration number: 09711183)
Balance Sheet as at 31 December 2023

Year Ended 31 December
2023
£

Year Ended 31 December
2022
£

Non-current assets

20,000,000

20,000,000

Current assets

314

121

Payables: Amounts falling due within one year

(11,278,179)

(11,273,590)

Net current liabilities

(11,277,865)

(11,273,469)

Total assets less current liabilities

8,722,135

8,726,531

Accruals and deferred income

(5,000)

-

 

8,717,135

8,726,531

Capital and reserves

8,717,135

8,726,531

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
76 Canterbury Road
Croydon
Surrey
CR0 3HA
England

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are presented in Pound Sterling, which is the functional currency of the company.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

3

Non-current assets

The non-current assets have been pledged as security for the company's parent's liabilities. Litigation is ongoing on the charges granted over the assets owned by the company and the outcome is uncertain.

 

MB Hillingdon Limited

(Registration number: 09711183)
Balance Sheet as at 31 December 2023

4 Going concern

The directors of the company are in an advanced stage of realising the value of the main asset it holds, and the negotiations are ongoing. Depending on the outcome of the litigation on the charges granted over the assets noted in Note 3, the company may not be able to pay all its liabilities in full.

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 February 2025 and signed on its behalf by:
 

.........................................
Mr H L Shah
Director