Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312024-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13228068 2024-04-01 2025-03-31 13228068 2023-04-01 2024-03-31 13228068 2025-03-31 13228068 2024-03-31 13228068 c:Director2 2024-04-01 2025-03-31 13228068 d:FurnitureFittings 2024-04-01 2025-03-31 13228068 d:FurnitureFittings 2025-03-31 13228068 d:FurnitureFittings 2024-03-31 13228068 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 13228068 d:CurrentFinancialInstruments 2025-03-31 13228068 d:CurrentFinancialInstruments 2024-03-31 13228068 d:Non-currentFinancialInstruments 2025-03-31 13228068 d:Non-currentFinancialInstruments 2024-03-31 13228068 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 13228068 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13228068 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 13228068 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13228068 d:ShareCapital 2025-03-31 13228068 d:ShareCapital 2024-03-31 13228068 d:RetainedEarningsAccumulatedLosses 2025-03-31 13228068 d:RetainedEarningsAccumulatedLosses 2024-03-31 13228068 c:FRS102 2024-04-01 2025-03-31 13228068 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13228068 c:FullAccounts 2024-04-01 2025-03-31 13228068 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 13228068









M2 INVESTMENT (EARDLEY ROAD) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
M2 INVESTMENT (EARDLEY ROAD) LIMITED
REGISTERED NUMBER: 13228068

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2025
2024
2024
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
3,151
3,939

Investments
 5 
470,000
470,000

  
473,151
473,939

Current assets
  

Debtors: amounts falling due within one year
 6 
7,750
6,669

Cash at bank and in hand
  
1,200
947

  
8,950
7,616

Creditors: amounts falling due within one year
 7 
(47,571)
(40,713)

Net current liabilities
  
 
 
(38,621)
 
 
(33,097)

Total assets less current liabilities
  
434,530
440,842

Creditors: amounts falling due after more than one year
 8 
(508,985)
(508,985)

  

Net liabilities
  
(74,455)
(68,143)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(74,555)
(68,243)

  
(74,455)
(68,143)


Page 1

 
M2 INVESTMENT (EARDLEY ROAD) LIMITED
REGISTERED NUMBER: 13228068
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

The directors consider 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 year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with 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 on 14 June 2025.

M Dariane
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
M2 INVESTMENT (EARDLEY ROAD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

M2 Investment (Eardley Road) Limited is a private company limited by shares and registered in England & Wales. The registered office address is 85 Great Portland Street, London, W1W 7LT and the principal place of business is Flat 16, 22 Gwynne Road, London, SW11 3GL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

Notwithstanding the balance sheet deficit at the period end date, these accounts are prepared on the basis that the company will continue to be a going concern for the indefinite future given the continuing support of its major creditor and shareholders. 

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable.

Revenue comprises rental income generated from the company's investment properties.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Furniture and equipment
-
20%
per annum on the reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
M2 INVESTMENT (EARDLEY ROAD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.6

Investment property

Investment property is 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. Changes in fair value are recognised in profit or loss.

 
2.7

Debtors

Debtors are measured at transaction price, less any impairment. 

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Creditors are measured at the transaction price. 

 
2.10

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 4

 
M2 INVESTMENT (EARDLEY ROAD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Furniture and equipment

£



Cost or valuation


At 1 April 2024
6,154



At 31 March 2025

6,154



Depreciation


At 1 April 2024
2,215


Charge for the year on owned assets
788



At 31 March 2025

3,003



Net book value



At 31 March 2025
3,151



At 31 March 2024
3,939


5.


Fixed asset investments





Investment properties

£



Cost or valuation


At 1 April 2024
470,000



At 31 March 2025
470,000




The company's investment properties are valued by the directors at open market value.

Page 5

 
M2 INVESTMENT (EARDLEY ROAD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Debtors

2025
2024
£
£


Other debtors
6,000
6,000

Prepayments
1,750
669

7,750
6,669



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
1,658
1,153

Amounts owed to group undertakings
21,313
14,990

Other creditors
23,400
23,400

Accruals
1,200
1,170

47,571
40,713



8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank and other loans
508,985
508,985

508,985
508,985


The following liabilities were secured:

2025
2024
£
£



Bank and other loans
508,985
508,985

508,985
508,985

Details of security provided:

Loans are provided by Lendco and Paragon and are secured on property owned by the company and the parent company respectively.

Page 6

 
M2 INVESTMENT (EARDLEY ROAD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9.


Transactions with directors

At the year end the company owed the directors £23,400 (2024 : £23,400)


10.


Related party transactions

At the year end the company was owed £6,000 (2024: £6,000) by a company related by virtue of having the same directors and shareholders. The loan is unsecured, interest free and is repayable upon demand.


11.


Controlling party

The parent company is M2 Investment Limited.

 
Page 7