Company Registration No. 12618037 (England and Wales)
MACSHARP Properties Ltd
Unaudited accounts
for the period from 1 June 2024 to 28 February 2025
MACSHARP Properties Ltd
Unaudited accounts
Contents
MACSHARP Properties Ltd
Company Information
for the period from 1 June 2024 to 28 February 2025
Directors
Ben Neil MacKereth
Putri Dorothy MacKereth
Prasam Patel
Heena Patel
Company Number
12618037 (England and Wales)
Registered Office
103 Laitwood Road
London
SW12 9QH
ENGLAND
Accountants
Abacus Accounting Solutions Ltd
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
MACSHARP Properties Ltd
Statement of financial position
as at 28 February 2025
Investment property
-
693,441
Cash at bank and in hand
2
33,305
Creditors: amounts falling due within one year
-
(13,488)
Net current assets
2
19,817
Total assets less current liabilities
2
713,258
Creditors: amounts falling due after more than one year
-
(617,129)
Called up share capital
2
2
Profit and loss account
-
96,127
Shareholders' funds
2
96,129
For the period ending 28 February 2025 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 4 March 2025 and were signed on its behalf by
Putri Dorothy MacKereth
Director
Company Registration No. 12618037
MACSHARP Properties Ltd
Notes to the Accounts
for the period from 1 June 2024 to 28 February 2025
MACSHARP Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 12618037. The registered office is 103 Laitwood Road, London, SW12 9QH, 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 period, 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 June 2024
693,441
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
8,163
6
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
-
617,129
7
Transactions with related parties
Included in creditors is amount of £Nil (2024: £617,129) owed to companies in which the directors have an interest.
8
Average number of employees
During the period the average number of employees was 0 (2024: 0).