20 November 2023 false No description of principal activity Taxfiler 2024.6 15300203business:PrivateLimitedCompanyLtd2023-11-202024-11-30 153002032023-11-19 153002032023-11-202024-11-30 15300203business:AuditExemptWithAccountantsReport2023-11-202024-11-30 15300203business:FilletedAccounts2023-11-202024-11-30 153002032024-11-30 15300203core:WithinOneYear2024-11-30 15300203core:AfterOneYear2024-11-30 15300203core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 15300203core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 15300203core:PreviouslyStatedAmount2024-11-30 15300203business:SmallEntities2023-11-202024-11-30 15300203business:Director12023-11-202024-11-30 15300203countries:EnglandWales2023-11-202024-11-30 15300203business:RegisteredOffice2023-11-202024-11-30 15300203core:AfterOneYear2023-11-202024-11-30 iso4217:GBP xbrli:pure
Company Registration No. 15300203 (England and Wales)
MTM PARKIN PROPERTIES LIMITED Unaudited accounts for the period from 20 November 2023 to 30 November 2024
MTM PARKIN PROPERTIES LIMITED Statement of financial position as at 30 November 2024
2024 
Notes
£ 
Fixed assets
Investment property
157,053 
Current assets
Cash at bank and in hand
6,534 
Creditors: amounts falling due within one year
(1,707)
Net current assets
4,827 
Total assets less current liabilities
161,880 
Creditors: amounts falling due after more than one year
(159,377)
Net assets
2,503 
Capital and reserves
Called up share capital
100 
Profit and loss account
2,403 
Shareholders' funds
2,503 
For the period ending 30 November 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 May 2025 and were signed on its behalf by
Ryan Parkin Director Company Registration No. 15300203
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MTM PARKIN PROPERTIES LIMITED Notes to the Accounts for the period from 20 November 2023 to 30 November 2024
1
Statutory information
MTM PARKIN PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 15300203. The registered office is First Floor Offices, 25 Sanders Road, Finedon Road Industrial Estate, Wellingborough, Northamptonshire, NN8 4NL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value of gross rent due to the company for the financial year.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Additions
157,053 
At 30 November 2024
157,053 
5
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
266 
Taxes and social security
602 
Loans from directors
239 
Accruals
600 
1,707 
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MTM PARKIN PROPERTIES LIMITED Notes to the Accounts for the period from 20 November 2023 to 30 November 2024
6
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
104,376 
Amounts owed to group undertakings and other participating interests
55,001 
159,377 
The bank loan is secured against the investment property.
7
Average number of employees
During the period the average number of employees was 1.
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