| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 July 2024 |
| for |
| MIDDLESEX & HERTS PROPERTIES LIMITED |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 July 2024 |
| for |
| MIDDLESEX & HERTS PROPERTIES LIMITED |
| MIDDLESEX & HERTS PROPERTIES LIMITED (REGISTERED NUMBER: 03407386) |
| Contents of the Financial Statements |
| for the Year Ended 31 July 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| MIDDLESEX & HERTS PROPERTIES LIMITED |
| Company Information |
| for the Year Ended 31 July 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 42 Lytton Road |
| Barnet |
| Hertfordshire |
| EN5 5BY |
| MIDDLESEX & HERTS PROPERTIES LIMITED (REGISTERED NUMBER: 03407386) |
| Balance Sheet |
| 31 July 2024 |
| 31.7.24 | 31.7.23 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year | 6 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| MIDDLESEX & HERTS PROPERTIES LIMITED (REGISTERED NUMBER: 03407386) |
| Notes to the Financial Statements |
| for the Year Ended 31 July 2024 |
| 1. | STATUTORY INFORMATION |
| Middlesex & Herts Properties Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents amounts receivable for rental income and for the sale of developed properties. |
| Tangible fixed assets |
| Going concern |
| The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future, despite selling all investment properties during the year, and have therefore used the going concern basis in preparing the financial statements. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.24 | 31.7.23 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.24 | 31.7.23 |
| £ | £ |
| Bank loans and overdrafts |
| Other creditors |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.7.24 | 31.7.23 |
| £ | £ |
| Bank loans |
| Trade creditors |
| Other creditors |
| MIDDLESEX & HERTS PROPERTIES LIMITED (REGISTERED NUMBER: 03407386) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2024 |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
| 31.7.24 | 31.7.23 |
| £ | £ |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Other loans more 5yrs non-inst |
| 7. | RELATED PARTY DISCLOSURES |
| At the balance sheet date, the company owed an amount of £120,179 (2023: £68,916) to the directors. The amount is interest free and repayable on demand. |
| During the year, related party loan amounting to £215,123 was written off. |
| 8. | CONTROL |
| The company is under the control of Mr J Bentley and Mr L Bentley with no one party having overall control. |