Major Bond (Investments) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00657283 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Major Bond (Investments) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C H Goldhill

A Goldhill

SECRETARY:

A Goldhill

REGISTERED OFFICE:

Office 10, Unit 1

465C Hornsey Road

Islington

London

N19 4DR

REGISTERED NUMBER:

00657283 (England and Wales)

ACCOUNTANTS:

Goldhill Accountancy Ltd

Office 10, Unit 1

465C Hornsey Road

Islington

London

N19 4DR

FIXED ASSETS

Tangible assets

4

31

41

Investment property

5

570,000

710,000

570,031

710,041

CURRENT ASSETS

Debtors

6

533

335

Cash at bank

132,137

133,006

132,670

133,341

CREDITORS

Amounts falling due within one year

7

28,923

33,897

NET CURRENT ASSETS

103,747

99,444

TOTAL ASSETS LESS CURRENT
LIABILITIES

673,778

809,485

PROVISIONS FOR LIABILITIES

8

72,440

99,042

NET ASSETS

601,338

710,443

CAPITAL AND RESERVES

Called up share capital

200

Fair value reserve

9

308,799

422,199

Retained earnings

292,339

288,044

601,338

710,443

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 10 September 2025 and were signed on its behalf by:

C H Goldhill - Director

1.	STATUTORY INFORMATION

Major Bond (Investments) 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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

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 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

7,814

DEPRECIATION

At 1 April 2024

7,773

Charge for year

10

At 31 March 2025

7,783

NET BOOK VALUE

At 31 March 2025

31

At 31 March 2024

41

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

710,000

Revaluations

(140,000

)

At 31 March 2025

570,000

NET BOOK VALUE

At 31 March 2025

570,000

At 31 March 2024

710,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2020

464,620

Valuation in 2021

131,713

Valuation in 2022

109,900

Valuation in 2023

10,000

Valuation in 2024

(195,000

)

Valuation in 2025

(140,000

)

Cost

188,767

570,000

If investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

Cost

188,767

Investment property was valued on an open market basis on 31 March 2025 by an independent third party .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Prepayments

533

335

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Tax

1,957

3,516

Directors' current accounts

26,291

29,706

Accrued expenses

675

28,923

33,897

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

Deferred tax

72,440

99,042

Deferred

tax

£

Balance at 1 April 2024

99,042

Provided during year

(26,602

)

Balance at 31 March 2025

72,440

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

422,199

Non-distributable reserves

(113,400

)

At 31 March 2025

308,799

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

C H Goldhill

Balance outstanding at start of year

(21,054

)

(40,222

)

Amounts advanced

4,080

20,000

Amounts repaid

(9,317

)

(832

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(26,291

)

(21,054

)

A Goldhill

Balance outstanding at start of year

(8,652

)

(7,840

)

Amounts advanced

10,964

-

Amounts repaid

(2,312

)

(812

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

(8,652

)

The directors' current account balances of £26,291 (2024: £29,706) have no fixed date for repayment, are repayable upon demand and are non-interest bearing.