Company registration number 08446406 (England and Wales)
MHP PROPERTY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
MHP PROPERTY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
22,740
2,320
Current assets
33,371
46,637
Prepayments and accrued income
11,787
Creditors: amounts falling due within one year
(32,022)
(30,660)
Net current assets
13,136
15,977
Total assets less current liabilities
35,876
18,297
Creditors: amounts falling due after more than one year
(39,906)
(39,906)
Accruals and deferred income
(2,100)
(1,236)
Net liabilities
(6,130)
(22,845)
Capital and reserves
(6,130)
(22,845)
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
Directors Transactions
The director loan account balance at 31st March 2024 was £24,283 overdrawn (2023: £27,120 overdrawn). The maximum overdrawn balance in the year was £42,578. Interest was charged on the loan at 2.25%
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
3
Going Concern
The company has financial support from the director therefore has a reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
MHP Property Limited is a private company limited by shares incorporated in England and Wales. The registered office is Richard House, 9 Winckley Square, Preston, PR1 3HP.
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
MHP PROPERTY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 28 March 2025
Mr M J Harper-Penman
Director
Company registration number 08446406 (England and Wales)