1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-09-28 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10972442 2023-09-28 2024-09-27 10972442 2024-09-27 10972442 2023-09-27 10972442 2022-09-28 2023-09-27 10972442 2023-09-27 10972442 2022-09-27 10972442 core:FurnitureFittings 2023-09-28 2024-09-27 10972442 bus:Director1 2023-09-28 2024-09-27 10972442 core:FurnitureFittings 2023-09-27 10972442 core:FurnitureFittings 2024-09-27 10972442 core:WithinOneYear 2024-09-27 10972442 core:WithinOneYear 2023-09-27 10972442 core:ShareCapital 2024-09-27 10972442 core:ShareCapital 2023-09-27 10972442 core:RetainedEarningsAccumulatedLosses 2024-09-27 10972442 core:RetainedEarningsAccumulatedLosses 2023-09-27 10972442 core:CostValuation core:Non-currentFinancialInstruments 2024-09-27 10972442 core:Non-currentFinancialInstruments 2024-09-27 10972442 core:Non-currentFinancialInstruments 2023-09-27 10972442 core:FurnitureFittings 2023-09-27 10972442 bus:SmallEntities 2023-09-28 2024-09-27 10972442 bus:AuditExemptWithAccountantsReport 2023-09-28 2024-09-27 10972442 bus:SmallCompaniesRegimeForAccounts 2023-09-28 2024-09-27 10972442 bus:PrivateLimitedCompanyLtd 2023-09-28 2024-09-27 10972442 bus:FullAccounts 2023-09-28 2024-09-27 10972442 core:ComputerEquipment 2023-09-28 2024-09-27 10972442 core:ComputerEquipment 2024-09-27 10972442 core:ComputerEquipment 2023-09-27
COMPANY REGISTRATION NUMBER: 10972442
MURRAY PROPERTY GROUP LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
27 September 2024
MURRAY PROPERTY GROUP LIMITED
STATEMENT OF FINANCIAL POSITION
27 September 2024
2024
2023
Note
£
£
£
FIXED ASSETS
Tangible assets
5
57
591
Investments
6
150
150
----
----
207
741
CURRENT ASSETS
Stocks
51,163
51,163
Debtors
7
328,488
294,488
Cash at bank and in hand
6,472
4,444
---------
---------
386,123
350,095
CREDITORS: amounts falling due within one year
8
( 34,784)
( 34,670)
---------
---------
NET CURRENT ASSETS
351,339
315,425
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
351,546
316,166
---------
---------
NET ASSETS
351,546
316,166
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
351,446
316,066
---------
---------
SHAREHOLDERS FUNDS
351,546
316,166
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 27 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
MURRAY PROPERTY GROUP LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
27 September 2024
These financial statements were approved by the board of directors and authorised for issue on 10 June 2025 , and are signed on behalf of the board by:
R M Murray
Director
Company registration number: 10972442
MURRAY PROPERTY GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 27 SEPTEMBER 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Royal House, 28 Sovereign Street, Leeds, LS1 4BJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation to date.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
25% straight line
Equipment
-
25% straight line
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Unlisted investments in associated companies are initially stated at cost. Dividends and other distributions received from the investment are recognised as income.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost comprises the acquisition and development costs excluding interest. Development costs include infrastructure costs and costs of properties built. The cost of land acquisition includes options to purchase land, and the cost of any investigation work prior to purchase.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. TANGIBLE ASSETS
Fixtures and fittings
Equipment
Total
£
£
£
Cost
At 28 September 2023 and 27 September 2024
239
2,207
2,446
----
-------
-------
Depreciation
At 28 September 2023
159
1,696
1,855
Charge for the year
60
474
534
----
-------
-------
At 27 September 2024
219
2,170
2,389
----
-------
-------
Carrying amount
At 27 September 2024
20
37
57
----
-------
-------
At 27 September 2023
80
511
591
----
-------
-------
6. INVESTMENTS
Shares in group undertakings
Shares in participating interests
Total
£
£
£
Cost
At 28 September 2023 and 27 September 2024
100
50
150
----
----
----
Impairment
At 28 September 2023 and 27 September 2024
----
----
----
Carrying amount
At 27 September 2024
100
50
150
----
----
----
At 27 September 2023
100
50
150
----
----
----
7. DEBTORS
2024
2023
£
£
Other debtors
328,488
294,488
---------
---------
8. CREDITORS: amounts falling due within one year
2024
2023
£
£
Other creditors
34,784
34,670
--------
--------