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REGISTERED NUMBER: 10953807 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

M&L PROPERTY HOLDINGS LIMITED

M&L PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 10953807)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M&L PROPERTY HOLDINGS LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2024







DIRECTORS: P R Boyle
Mrs K Boyle





REGISTERED OFFICE: Beech House
1 The Woodlands
Bollington Lane
Nether Alderley
Cheshire
SK10 4TB





REGISTERED NUMBER: 10953807 (England and Wales)





ACCOUNTANTS: Banks & Co Limited
Chartered Certified Accountants
1 Carnegie Road
Newbury
Berkshire
RG14 5DJ

M&L PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 10953807)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 802,020 802,020

CURRENT ASSETS
Debtors 5 395,219 380,695
Cash at bank 1,101 29,530
396,320 410,225
CREDITORS
Amounts falling due within one year 6 838,721 1,213,228
NET CURRENT LIABILITIES (442,401 ) (803,003 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

359,619

(983

)

CREDITORS
Amounts falling due after more than
one year

7

343,889

-
NET ASSETS/(LIABILITIES) 15,730 (983 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 15,630 (1,083 )
SHAREHOLDERS' FUNDS 15,730 (983 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 23 June 2025 and were signed on its behalf by:





P R Boyle - Director


M&L PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 10953807)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024

1. STATUTORY INFORMATION

M&L Property Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 10953807 and its registered office address is Suite 2d Queens Chambers, 5 John Dalton Street, Manchester, England, M2 6ET.

The presentation currency of the financial statements is the Pound sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 802,020
NET BOOK VALUE
At 30 September 2024 802,020
At 30 September 2023 802,020

M&L PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 10953807)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 12,610 16,530

Amounts falling due after more than one year:
Other debtors 382,609 364,165

Aggregate amounts 395,219 380,695

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings - 750
Other creditors 838,721 1,212,478
838,721 1,213,228

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 343,889 -

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans 343,889 -
P. Boyle loan 663,858 1,038,873
K. Boyle loan 153,825 142,156
1,161,572 1,181,029

The loans provided to the Company by the two directors contain fixed and floating charges over all property and undertakings of the Company.

During the year a loan was provided to the Company by a shareholder. The loan has a fixed and floating charge over the leasehold property titled A2402.The total amount outstanding at the year end was £343,889.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £0.10 100 100