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REGISTERED NUMBER: 10491390 (England and Wales)















Audited Financial Statements for the Year Ended 30 November 2024

for

MRST INVESTMENTS LTD

MRST INVESTMENTS LTD (Registered number: 10491390)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MRST INVESTMENTS LTD

Company Information
for the Year Ended 30 November 2024







DIRECTORS: M R Chowdhury
M R Khan
S A Murshed





SECRETARY: M R Chowdhury





REGISTERED OFFICE: 156-B Green Street
London
E7 8JQ





REGISTERED NUMBER: 10491390 (England and Wales)





AUDITORS: Alexander Dave
Chartered Accountants
5 Braemore Court
Cockfosters Road
Herts
EN4 OAE

MRST INVESTMENTS LTD (Registered number: 10491390)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 855,083 855,083

CURRENT ASSETS
Debtors 5 1,400 -
Cash at bank 46,040 6,757
47,440 6,757
CREDITORS
Amounts falling due within one year 6 10,498 8,582
NET CURRENT ASSETS/(LIABILITIES) 36,942 (1,825 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

892,025

853,258

CREDITORS
Amounts falling due after more than one
year

7

654,900

654,900
NET ASSETS 237,125 198,358

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 237,025 198,258
237,125 198,358

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 25 February 2025 and were signed on its behalf by:





M R Khan - Director


MRST INVESTMENTS LTD (Registered number: 10491390)

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

1. STATUTORY INFORMATION

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

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.

Investment properties have a readily assessable market value and thus the fair value can be measured reliably. These properties are therefore measured at fair value at each reporting date with changes in fair value recognised in the statement of comprehensive income. Land obtained speculatively is accounted for as investment property.

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).

MRST INVESTMENTS LTD (Registered number: 10491390)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 855,083
NET BOOK VALUE
At 30 November 2024 855,083
At 30 November 2023 855,083

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2024 855,083

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 1,400 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Tax 9,094 6,042
Accrued expenses 1,404 2,540
10,498 8,582

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Amounts owed to group undertakings 654,900 654,900

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Atul Dave FCA (Senior Statutory Auditor)
for and on behalf of Alexander Dave

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is London Churchill College Ltd.