Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312025-05-30Lending companyfalse2023-10-26false2falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15238596 2023-10-25 15238596 2023-10-26 2024-10-31 15238596 2022-11-01 2023-10-25 15238596 2024-10-31 15238596 c:Director1 2023-10-26 2024-10-31 15238596 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 15238596 d:ShareCapital 2024-10-31 15238596 d:RetainedEarningsAccumulatedLosses 2024-10-31 15238596 c:EntityNoLongerTradingButTradedInPast 2023-10-26 2024-10-31 15238596 c:Micro-entities 2023-10-26 2024-10-31 15238596 c:AuditExempt-NoAccountantsReport 2023-10-26 2024-10-31 15238596 c:FullAccounts 2023-10-26 2024-10-31 15238596 c:PrivateLimitedCompanyLtd 2023-10-26 2024-10-31 15238596 e:PoundSterling 2023-10-26 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 15238596










MPL (LEICESTER) LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2024

 
MPL (LEICESTER) LTD
 

CONTENTS



Page
Balance Sheet
 
 
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MPL (LEICESTER) LTD
REGISTERED NUMBER: 15238596

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
£

  

Current assets
  

Debtors
  
1,767,546

Cash at bank and in hand
  
887,004

  
2,654,550

Current liabilities
  

Creditors: amounts falling due within one year
  
(206,524)

Net current assets
  
 
 
2,448,026

Total assets less current liabilities
  
2,448,026

  

Net assets
  
2,448,026


Capital and reserves
  

Called up share capital 
  
2,400,001

Profit and loss account
  
48,025

  
2,448,026


Notes


General information

MPL (Leicester) Ltd is a private company, limited by shares, registered in England and Wales, registration number 15238596. The registered office is 11 Merus Court, Meridian Business Park, Leicester, LE19 1RJ.
Principal activity
The Company was incorporated on the 26 October 2023. The principal activity of the Company is that of a lending Company.


Average number of employees

The average monthly number of employees, including directors, during the period was 2.

Related party transactions
The Company has made two secured loans to related parties totaling £955,000 (£455,000 and £500,000 respectively). These loans are repayable on demand or at the latest by the 10th anniversary of the loan agreements. Interest is charged on these loans at 2% above the National Westminster Bank plc base rate, accruing daily and payable quarterly in arrears for as long as the loans remain outstanding.
Included in other debtors are amounts of £45,000 due from related parties. The loans are unsecured, interest-free, and have no fixed repayment terms.
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MPL (LEICESTER) LTD
REGISTERED NUMBER: 15238596
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024



Directors' benefits: advances, credits and guarantees

During the period, advances of £3,309,362 and repayments of £2,752,518 were made, leaving a balance of £556,844 due by the director at the year end. This balance is included in other debtors. Interest was charged at the HMRC official rate.


Director's confirmations

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
K Lester
Director

Date: 30 May 2025

 
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