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REGISTERED NUMBER: 06200130 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

MOLLY YORK LIMITED

MOLLY YORK LIMITED (REGISTERED NUMBER: 06200130)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MOLLY YORK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mrs L F Conlon



REGISTERED OFFICE: Hutton House
Hutton Village Road
Guisborough
TS14 8EQ



REGISTERED NUMBER: 06200130 (England and Wales)



BANKERS: Handelsbanken
2nd Floor
Lakeside House
Kingfisher Way
Stockton-on-Tees
TS18 3NB

MOLLY YORK LIMITED (REGISTERED NUMBER: 06200130)

ABRIDGED BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 5,311 6,246
Investment property 5 1,256,460 1,256,460
1,261,771 1,262,706

CURRENT ASSETS
Debtors 7,009 3,627
Cash at bank and in hand 13,149 11,070
20,158 14,697
CREDITORS
Amounts falling due within one year 62,102 70,963
NET CURRENT LIABILITIES (41,944 ) (56,266 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,219,827

1,206,440

CREDITORS
Amounts falling due after more than one year (821,921 ) (833,064 )

PROVISIONS FOR LIABILITIES (481 ) (744 )
NET ASSETS 397,425 372,632

CAPITAL AND RESERVES
Called up share capital 700 700
Retained earnings 396,725 371,932
SHAREHOLDERS' FUNDS 397,425 372,632

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

MOLLY YORK LIMITED (REGISTERED NUMBER: 06200130)

ABRIDGED BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 March 2025 and were signed by:





Mrs L F Conlon - Director


MOLLY YORK LIMITED (REGISTERED NUMBER: 06200130)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Molly York 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.

Turnover
Turnover represents rental income from the letting of furnished dwellings.

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 - 15% on reducing balance
Computer equipment - 25% on cost

Investment property
Investment property is shown at cost, which the director considers to be equal to its fair value.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MOLLY YORK LIMITED (REGISTERED NUMBER: 06200130)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 July 2023
and 30 June 2024 25,218
DEPRECIATION
At 1 July 2023 18,972
Charge for year 935
At 30 June 2024 19,907
NET BOOK VALUE
At 30 June 2024 5,311
At 30 June 2023 6,246

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,256,460
NET BOOK VALUE
At 30 June 2024 1,256,460
At 30 June 2023 1,256,460

Freehold investment property was acquired on 2 July 2013 at a cost of £1,210,000, plus incidental acquisition costs. The director does not consider that the property's market value at 30 June 2024 would be significantly different to it's carrying amount.