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Company Registration No. 13540045 (England and Wales)
M&S FLETCHER PROPERTIES LTD Unaudited accounts for the year ended 30 June 2024
M&S FLETCHER PROPERTIES LTD Unaudited accounts Contents
Page
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M&S FLETCHER PROPERTIES LTD Company Information for the year ended 30 June 2024
Directors
Morgan Fletcher Sophie Francesca Doyle
Company Number
13540045 (England and Wales)
Registered Office
OFFICE 42 IMEX BUSINESS CENTRE OXLEASOW ROAD REDDITCH WORCS B98 0RE UNITED KINGDOM
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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M&S FLETCHER PROPERTIES LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,016 
1,143 
Investment property
261,660 
261,660 
262,676 
262,803 
Current assets
Debtors
- 
1 
Cash at bank and in hand
1,109 
1,127 
1,109 
1,128 
Creditors: amounts falling due within one year
(95,329)
(93,420)
Net current liabilities
(94,220)
(92,292)
Total assets less current liabilities
168,456 
170,511 
Creditors: amounts falling due after more than one year
(186,787)
(186,787)
Net liabilities
(18,331)
(16,276)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(18,332)
(16,277)
Shareholders' funds
(18,331)
(16,276)
For the year ending 30 June 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 March 2025 and were signed on its behalf by
Morgan Fletcher Director Company Registration No. 13540045
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M&S FLETCHER PROPERTIES LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
M&S FLETCHER PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13540045. The registered office is OFFICE 42 IMEX BUSINESS CENTRE, OXLEASOW ROAD, REDDITCH, WORCS, B98 0RE, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investment property
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.
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M&S FLETCHER PROPERTIES LTD Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2023
1,270 
At 30 June 2024
1,270 
Depreciation
At 1 July 2023
127 
Charge for the year
127 
At 30 June 2024
254 
Net book value
At 30 June 2024
1,016 
At 30 June 2023
1,143 
5
Investment property
2024 
£ 
Fair value at 1 July 2023
261,660 
At 30 June 2024
261,660 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
1 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
1,695 
500 
Loans from directors
93,634 
92,920 
95,329 
93,420 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
186,787 
186,787 
9
Transactions with related parties
At the year end there was a balance of £93,634 (2023 - £92,920) owed to directors Morgan Fletcher and Sophie Fletcher.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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