Company Registration No. 11382051 (England and Wales)
MLH PROPERTY LTD
Unaudited accounts
for the year ended 31 May 2024
MLH PROPERTY LTD
Unaudited accounts
Contents
MLH PROPERTY LTD
Company Information
for the year ended 31 May 2024
Directors
Mark Grice
Craig Unsworth
Company Number
11382051 (England and Wales)
Registered Office
229 EATON ROAD
WEST DERBY
LIVERPOOL
L12 2AG
ENGLAND
Accountants
PRIME ACCOUNTANTS
10 LOCKWOOD HOUSE
LOCKWOOD PARK
HUDDERSFIELD
HD4 6EN
MLH PROPERTY LTD
Statement of financial position
as at 31 May 2024
Investment property
470,000
255,015
Cash at bank and in hand
26
38,762
Creditors: amounts falling due within one year
(9,381)
(7,889)
Net current (liabilities)/assets
(6,195)
31,546
Total assets less current liabilities
463,805
286,561
Creditors: amounts falling due after more than one year
(317,286)
(205,810)
Provisions for liabilities
Deferred tax
(26,507)
(12,846)
Called up share capital
2
2
Revaluation reserve
113,003
54,763
Profit and loss account
7,007
13,140
Shareholders' funds
120,012
67,905
For the year ending 31 May 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 24 February 2025 and were signed on its behalf by
Mark Grice
Director
Company Registration No. 11382051
MLH PROPERTY LTD
Notes to the Accounts
for the year ended 31 May 2024
MLH PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 11382051. The registered office is 229 EATON ROAD, WEST DERBY, LIVERPOOL, L12 2AG, 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 year, 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.
Fair value at 1 June 2023
255,015
Net gain from fair value adjustments
71,901
Amounts falling due within one year
Amounts due from group undertakings etc.
2,160
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,676
4,173
Taxes and social security
3,625
1,016
MLH PROPERTY LTD
Notes to the Accounts
for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
264,076
169,810
Amounts owed to group undertakings and other participating interests
53,210
36,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).