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REGISTERED NUMBER: 08409446 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

MUSWELL PARK PROPERTIES LIMITED

MUSWELL PARK PROPERTIES LIMITED (REGISTERED NUMBER: 08409446)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MUSWELL PARK PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: J D Rose
D Earle





REGISTERED OFFICE: Collards
5-9 Eden Street
Kingston-Upon-Thames
Surrey
KT1 1BQ





REGISTERED NUMBER: 08409446 (England and Wales)





ACCOUNTANTS: Collards
Chartered Accountants
5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ

MUSWELL PARK PROPERTIES LIMITED (REGISTERED NUMBER: 08409446)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 917,922 917,922

CURRENT ASSETS
Debtors 5 1,935 1,846
Cash at bank 22,011 7,622
23,946 9,468
CREDITORS
Amounts falling due within one year 6 813,285 816,910
NET CURRENT LIABILITIES (789,339 ) (807,442 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,583

110,480

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 128,581 110,478
SHAREHOLDERS' FUNDS 128,583 110,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 14 April 2025 and were signed on its behalf by:





J D Rose - Director


MUSWELL PARK PROPERTIES LIMITED (REGISTERED NUMBER: 08409446)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

Muswell Park Properties 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 the rent received from residential property leases.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

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 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2024
and 28 February 2025 917,922 23,408 941,330
DEPRECIATION
At 1 March 2024
and 28 February 2025 - 23,408 23,408
NET BOOK VALUE
At 28 February 2025 917,922 - 917,922
At 29 February 2024 917,922 - 917,922

MUSWELL PARK PROPERTIES LIMITED (REGISTERED NUMBER: 08409446)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 750 600
Prepayments 1,185 1,246
1,935 1,846

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 400,050 400,050
Tax 4,246 2,556
Directors' loan accounts 404,205 412,205
Accruals and deferred income 4,784 2,099
813,285 816,910

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2 Ordinary £1.00 2 2

8. RESERVES
Retained
earnings
£   

At 1 March 2024 110,478
Profit for the year 18,103
At 28 February 2025 128,581

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors shown in the accounts are loans made to the company by its two directors, who both own 50% of the share capital of the company. The loans have been made on an equal basis by each director. The loans are repayable on demand.