Company Registration No. 10888661 (England and Wales)
M Kay Properties Ltd
Unaudited accounts
for the year ended 31 December 2024
M Kay Properties Ltd
Unaudited accounts
Contents
M Kay Properties Ltd
Company Information
for the year ended 31 December 2024
Directors
Manoj Kakkar
Roma Kakkar
Company Number
10888661 (England and Wales)
Registered Office
7 Chirk Close
Hayes
Middlesex
UB4 9RD
England
Accountants
Lucent Accounting
4 Dorset Way
Uxbridge
UB10 0JR
M Kay Properties Ltd
Statement of financial position
as at 31 December 2024
Investment property
442,520
442,520
Cash at bank and in hand
136
295
Creditors: amounts falling due within one year
(132,499)
(132,669)
Net current liabilities
(132,363)
(132,374)
Total assets less current liabilities
310,157
310,146
Creditors: amounts falling due after more than one year
(323,785)
(323,785)
Net liabilities
(13,628)
(13,639)
Called up share capital
100
100
Profit and loss account
(13,728)
(13,739)
Shareholders' funds
(13,628)
(13,639)
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by
Manoj Kakkar
Director
Company Registration No. 10888661
M Kay Properties Ltd
Notes to the Accounts
for the year ended 31 December 2024
M Kay Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10888661. The registered office is 7 Chirk Close, Hayes, Middlesex, UB4 9RD, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents rent receivable in the year as well as any commission receivable for the management of properties.
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Fair value at 1 January 2024
442,520
At 31 December 2024
442,520
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
131,259
130,949
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
323,785
323,785
M Kay Properties Ltd
Notes to the Accounts
for the year ended 31 December 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).