Company Registration No. 13546016 (England and Wales)
MNM ESTATES NEWCASTLE LTD
Unaudited accounts
for the year ended 31 August 2024
MNM ESTATES NEWCASTLE LTD
Unaudited accounts
Contents
MNM ESTATES NEWCASTLE LTD
Company Information
for the year ended 31 August 2024
Director
Ahmed Syed Maheen
Company Number
13546016 (England and Wales)
Registered Office
14 LANGLEY AVENUE
WHITLEY BAY
TYNE & WEAR
NE25 9DF
UNITED KINGDOM
Accountants
S&H Accountants
35 School Walk
Manchester
M16 7GD
MNM ESTATES NEWCASTLE LTD
Statement of financial position
as at 31 August 2024
Investment property
109,826
-
Cash at bank and in hand
474
1,217
Creditors: amounts falling due within one year
(40,841)
(40,761)
Net current liabilities
(39,714)
(39,544)
Total assets less current liabilities
70,112
70,282
Creditors: amounts falling due after more than one year
(70,432)
(72,464)
Net liabilities
(320)
(2,182)
Called up share capital
100
100
Profit and loss account
(420)
(2,282)
Shareholders' funds
(320)
(2,182)
For the year ending 31 August 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 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 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 and authorised for issue on 1 May 2025 and were signed on its behalf by
Ahmed Syed Maheen
Director
Company Registration No. 13546016
MNM ESTATES NEWCASTLE LTD
Notes to the Accounts
for the year ended 31 August 2024
MNM ESTATES NEWCASTLE LTD is a private company, limited by shares, registered in England and Wales, registration number 13546016. The registered office is 14 LANGLEY AVENUE, WHITLEY BAY, TYNE & WEAR, NE25 9DF, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
At 1 September 2023
109,826
Transfer to investment property
(109,826)
Transfers from tangible fixed assets
109,826
MNM ESTATES NEWCASTLE LTD
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Accrued income and prepayments
653
-
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
19
-
Loans from directors
40,262
40,261
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).