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# MSB PROPERTIES LIMITED

## Company Registration Number:
12983486 (England and Wales)

## Unaudited statutory accounts for the year ended 31 October 2024

## Period of accounts

## Start date: 1 November 2023

## End date: 31 October 2024

# MSB PROPERTIES LIMITED

## Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet |
Additional notes |
Balance sheet notes |

# MSB PROPERTIES LIMITED

## Balance sheet

As at 31 October 2024

| Notes | 2024 | 2023
--- | --- | --- | ---
|  | £ | £
Fixed assets
Tangible assets: | 3 | 708,200 | 0
Total fixed assets: |  | 708,200 | 0
Current assets
Debtors: | 4 |  | 100
Cash at bank and in hand: |  | 9,125 |
Total current assets: |  | 9,125 | 100
Creditors: amounts falling due within one year: | 5 | ( 218,823 ) |
Net current assets (liabilities): |  | (209,698) | 100
Total assets less current liabilities: |  | 498,502 | 100
Creditors: amounts falling due after more than one year: | 6 | ( 496,893 ) |
Total net assets (liabilities): |  | 1,609 | 100
Capital and reserves
Called up share capital: |  | 100 | 100
Other reserves: |  | 1,509 |
Total Shareholders' funds: |  | 1,609 | 100

The notes form part of these financial statements

# MSB PROPERTIES LIMITED

## Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 14 May 2025
and signed on behalf of the board by:

Name: Harjit Singh Bindra
Status: Director

The notes form part of these financial statements

# MSB PROPERTIES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2024

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

# MSB PROPERTIES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2024

- ## 2. Employees

  | 2024 | 2023
  --- | --- | ---
  Average number of employees during the period | 0 | 0

# MSB PROPERTIES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2024

## 3. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 November 2023 | 0 |  |  |  |  | 0
Additions | 708,200 |  |  |  |  | 708,200
Disposals |  |  |  |  |  |
Revaluations |  |  |  |  |  |
Transfers |  |  |  |  |  |
At 31 October 2024 | 708,200 |  |  |  |  | 708,200
Depreciation |  |  |  |  |  |
At 1 November 2023 |  |  |  |  |  |
Charge for year |  |  |  |  |  |
On disposals |  |  |  |  |  |
Other adjustments |  |  |  |  |  |
At 31 October 2024 |  |  |  |  |  |
Net book value |  |  |  |  |  |
At 31 October 2024 | 708,200 |  |  |  |  | 708,200
At 31 October 2023 | 0 |  |  |  |  | 0

# MSB PROPERTIES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2024

## 4. Debtors

| 2024 | 2023
--- | --- | ---
| £ | £
Other debtors |  | 100
Total |  | 100

# MSB PROPERTIES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2024

## 5. Creditors: amounts falling due within one year note

| 2024
--- | ---
| £
Taxation and social security | 354 |
Other creditors | 218,469 |
Total | 218,823

# MSB PROPERTIES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2024

## 6. Creditors: amounts falling due after more than one year note

| 2024
--- | ---
| £
Bank loans and overdrafts | 496,893 |
Total | 496,893