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REGISTERED NUMBER: 03372525 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 December 2024

for

M & K Properties (North West) Limited

M & K Properties (North West) Limited (Registered number: 03372525)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


M & K Properties (North West) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr P G Miller
Mr S C Kay
Mr P Stephenson





REGISTERED OFFICE: 48 Watling Street Road
Fulwood
Preston
Lancashire
PR2 8BP





REGISTERED NUMBER: 03372525 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

M & K Properties (North West) Limited (Registered number: 03372525)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 485,000 485,000

CURRENT ASSETS
Debtors 5 1,522 1,490
Cash at bank 65,142 19,674
66,664 21,164
CREDITORS
Amounts falling due within one year 6 25,139 15,671
NET CURRENT ASSETS 41,525 5,493
TOTAL ASSETS LESS CURRENT
LIABILITIES

526,525

490,493

CAPITAL AND RESERVES
Called up share capital 40 40
Retained earnings 526,485 490,453
SHAREHOLDERS' FUNDS 526,525 490,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

M & K Properties (North West) Limited (Registered number: 03372525)

Statement of Financial Position - continued
31 December 2024


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 12 June 2025 and were signed on its behalf by:





Mr P G Miller - Director


M & K Properties (North West) Limited (Registered number: 03372525)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

M & K Properties (North West) 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 preparation
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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the invoiced value of rental income.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 January 2024
and 31 December 2024 485,000
NET BOOK VALUE
At 31 December 2024 485,000
At 31 December 2023 485,000

Cost or valuation at 31 December 2024 is represented by:
£   
Valuation in 2018 10,000
Valuation in 2017 81,445
Cost 393,555
485,000

M & K Properties (North West) Limited (Registered number: 03372525)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Directors' loan accounts 10 20
Prepayments 1,512 1,470
1,522 1,490

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors - (1 )
Tax 10,440 249
MCK Associates Ltd 453 377
Directors' loan accounts 843 843
Accrued expenses 13,403 14,203
25,139 15,671

7. RELATED PARTY DISCLOSURES

During the year the company received rent of £22,400 (2023: £21,600) from MCK Associates Ltd, a company with common directors and shareholders.

At the year end the company owed £453 to MCK Associates Ltd (2023: £377). This loan is interest free and repayable on demand.