REGISTERED NUMBER: 11847251 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

MRP ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M R Price

REGISTERED OFFICE:

c/o BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

REGISTERED NUMBER:

11847251 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

BANKERS:

HSBC

60 Queen Victoria Street

London

EC4N 4TR

FIXED ASSETS

Tangible assets

4

1,488,483

1,579,607

Investments

5

200,000

200,000

1,688,483

1,779,607

CURRENT ASSETS

Debtors

6

4,837

5,506

Cash at bank

269,482

174,601

274,319

180,107

CREDITORS

Amounts falling due within one year

7

1,589,593

1,693,679

NET CURRENT LIABILITIES

(1,315,274

)

(1,513,572

)

TOTAL ASSETS LESS CURRENT LIABILITIES

373,209

266,035

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

373,207

266,033

SHAREHOLDERS' FUNDS

373,209

266,035

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2025 and were signed by:

M R Price - Director

1.	STATUTORY INFORMATION

MRP Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

not depreciated

Tangible fixed assets are initially recorded at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 March 2024

1,579,607

Disposals

(91,124

)

At 28 February 2025

1,488,483

NET BOOK VALUE

At 28 February 2025

1,488,483

At 29 February 2024

1,579,607

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 March 2024

200,000

Additions

200,000

Disposals

(200,000

)

At 28 February 2025

200,000

NET BOOK VALUE

At 28 February 2025

200,000

At 29 February 2024

200,000

The company investment is with 79th Group, which is currently in administration. The director understands that an outcome is likely to be finalised by December 2025 at which time it will be known whether or not the investment will be fully recoverable.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

350

3,580

Other debtors

4,487

1,926

4,837

5,506

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

(1

)

67

Taxation and social security

33,719

29,729

Other creditors

1,555,875

1,663,883

1,589,593

1,693,679

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

2

Ordinary

£1

2

2

These ordinary shares have full rights with regard to voting, receipt of dividend and entitlement to participate in capital on winding up.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M R Price.