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Company Registration No. 14918042 (England and Wales)
MLY Property Ltd Unaudited accounts for the year ended 30 June 2025
MLY Property Ltd Unaudited accounts Contents
Page
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MLY Property Ltd Company Information for the year ended 30 June 2025
Director
D P Yates
Company Number
14918042 (England and Wales)
Registered Office
Westway Spurlands End Road Great Kingshill High Wycombe Buckinghamshire HP15 6HX United Kingdom
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MLY Property Ltd Statement of financial position as at 30 June 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
827,694 
- 
Current assets
Debtors
19,457 
100 
Cash at bank and in hand
27,281 
15,764 
46,738 
15,864 
Creditors: amounts falling due within one year
(3,211)
(3,248)
Net current assets
43,527 
12,616 
Total assets less current liabilities
871,221 
12,616 
Creditors: amounts falling due after more than one year
(850,373)
- 
Net assets
20,848 
12,616 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
20,748 
12,516 
Shareholders' funds
20,848 
12,616 
For the year ending 30 June 2025 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 21 July 2025 and were signed on its behalf by
D P Yates Director Company Registration No. 14918042
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MLY Property Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
MLY Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 14918042. The registered office is Westway, Spurlands End Road, Great Kingshill, High Wycombe, Buckinghamshire, HP15 6HX, United Kingdom.
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 remained unchanged from the previous year, and also 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.
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025 
£ 
Additions
827,694 
At 30 June 2025
827,694 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
100 
Amounts falling due after more than one year
Accrued income and prepayments
19,457 
- 
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MLY Property Ltd Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,967 
2,936 
Loans from directors
1,244 
312 
3,211 
3,248 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
490,373 
- 
Loans from directors
360,000 
- 
850,373 
- 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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