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Registered number: 15394191
M3 Property Investments Ltd
Unaudited Financial Statements
For the Period 7 January 2024 to 31 January 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15394191
31 January 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 7,280
Investment Properties 5 120,679
127,959
CURRENT ASSETS
Cash at bank and in hand 44,281
44,281
Creditors: Amounts Falling Due Within One Year 6 (104,614 )
NET CURRENT ASSETS (LIABILITIES) (60,333 )
TOTAL ASSETS LESS CURRENT LIABILITIES 67,626
Creditors: Amounts Falling Due After More Than One Year 7 (83,738 )
NET LIABILITIES (16,112 )
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and Loss Account (16,113 )
SHAREHOLDERS' FUNDS (16,112)
For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Martin Adams
Director
07/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
M3 Property Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15394191 . The registered office is 145 Tonge Road, Sittingbourne, ME10 3NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10% reducing balance
Computer Equipment 20% reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. Financial Instruments
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.7. Critical accounting estimates and judgements
The director has made key assumptions in the determination of the fair value of an investment property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 7 January 2024 - - -
Additions 2,500 6,287 8,787
As at 31 January 2025 2,500 6,287 8,787
Depreciation
As at 7 January 2024 - - -
Provided during the period 250 1,257 1,507
As at 31 January 2025 250 1,257 1,507
Net Book Value
As at 31 January 2025 2,250 5,030 7,280
As at 7 January 2024 - - -
5. Investment Property
31 January 2025
£
Fair Value
As at 7 January 2024 -
Additions 120,679
As at 31 January 2025 120,679
6. Creditors: Amounts Falling Due Within One Year
31 January 2025
£
Bank loans and overdrafts 28,895
Other loans 2,888
Other creditors 72,831
104,614
7. Creditors: Amounts Falling Due After More Than One Year
31 January 2025
£
Other loans 83,738
8. Share Capital
31 January 2025
£
Allotted, Called up and fully paid 1
Page 3