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REGISTERED NUMBER: 07208322















MOULTON HAYES PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






MOULTON HAYES PROPERTIES LIMITED (REGISTERED NUMBER: 07208322)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOULTON HAYES PROPERTIES LIMITED

COMPANY INFORMATION
for the Year Ended 30 SEPTEMBER 2024







DIRECTORS: Mr D G Hayes
Miss J R Hayes





REGISTERED OFFICE: Corse Lawn
Danford Lane
Claverley
Shropshire
WV5 7BH





REGISTERED NUMBER: 07208322





ACCOUNTANTS: Wallace Crooke
Chartered Accountants
College House
St. Leonards Close
Bridgnorth
Shropshire
WV16 4EJ

MOULTON HAYES PROPERTIES LIMITED (REGISTERED NUMBER: 07208322)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,203 1,604
Investment property 5 1,496,452 1,496,452
1,497,655 1,498,056

CURRENT ASSETS
Debtors 6 4,339 4,198
Cash at bank 5,593 2,886
9,932 7,084
CREDITORS
Amounts falling due within one year 7 178,431 165,216
NET CURRENT LIABILITIES (168,499 ) (158,132 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,329,156

1,339,924

CREDITORS
Amounts falling due after more than one
year

8

91,786

94,328
NET ASSETS 1,237,370 1,245,596

CAPITAL AND RESERVES
Called up share capital 10 1,200 1,200
Retained earnings 1,236,170 1,244,396
SHAREHOLDERS' FUNDS 1,237,370 1,245,596

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

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

MOULTON HAYES PROPERTIES LIMITED (REGISTERED NUMBER: 07208322)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 Income Statement has not been delivered.

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:





Mr D G Hayes - Director


MOULTON HAYES PROPERTIES LIMITED (REGISTERED NUMBER: 07208322)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Moulton Hayes Properties 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable in respect of investment properties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

MOULTON HAYES PROPERTIES LIMITED (REGISTERED NUMBER: 07208322)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 4,429 16,819 21,248
DEPRECIATION
At 1 October 2023 4,298 15,346 19,644
Charge for year 33 368 401
At 30 September 2024 4,331 15,714 20,045
NET BOOK VALUE
At 30 September 2024 98 1,105 1,203
At 30 September 2023 131 1,473 1,604

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,496,452
NET BOOK VALUE
At 30 September 2024 1,496,452
At 30 September 2023 1,496,452

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2008 333,647
Valuation in 2009 (54,259 )
Valuation in 2020 288,898
Valuation in 2022 345,000
Cost 583,166
1,496,452

If the investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 583,166 583,166

The investment properties were valued on an open market basis on 30 September 2024 by the directors .

MOULTON HAYES PROPERTIES LIMITED (REGISTERED NUMBER: 07208322)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,339 4,198

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 2
Other creditors 178,431 165,214
178,431 165,216

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 91,786 94,328

Amounts falling due in more than five years:

Repayable by instalments
Mortgages - over 5 years 60,538 77,500

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgages 99,598 98,535

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,200 Ordinary Share Capital £1 1,200 1,200