1 January 2024 false No description of principal activity Taxfiler 2024.6 SC643827business:PrivateLimitedCompanyLtd2024-01-012024-12-31 SC6438272023-12-31 SC6438272024-01-012024-12-31 SC643827business:AuditExemptWithAccountantsReport2024-01-012024-12-31 SC643827business:FilletedAccounts2024-01-012024-12-31 SC6438272024-12-31 SC643827business:Director12024-01-012024-12-31 SC643827business:Director22024-01-012024-12-31 SC643827business:RegisteredOffice2024-01-012024-12-31 SC6438272023-12-31 SC643827core:WithinOneYear2024-12-31 SC643827core:WithinOneYear2023-12-31 SC643827core:AfterOneYear2024-12-31 SC643827core:AfterOneYear2023-12-31 SC643827core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC643827core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC643827core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC643827core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC643827core:PreviouslyStatedAmount2024-12-31 SC643827core:PreviouslyStatedAmount2023-12-31 SC643827business:SmallEntities2024-01-012024-12-31 SC643827countries:Scotland2024-01-012024-12-31 SC643827core:LandBuildings2023-12-31 SC643827core:LandBuildings2024-12-31 SC643827core:LandBuildings2024-01-012024-12-31 SC6438272023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC643827 (Scotland)
MENDI PROPERTIES LTD Unaudited accounts for the year ended 31 December 2024
MENDI PROPERTIES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MENDI PROPERTIES LTD Company Information for the year ended 31 December 2024
Directors
Kajal Omprakash Kachhawah Ashish Kumar Mehndiratta
Company Number
SC643827 (Scotland)
Registered Office
c/o Avid Accountants 21 Blythswood Square Glasgow G2 4BL United Kingdom
Accountants
Avid Accountants Ltd 21 Blythswood Square Glasgow G2 4BL
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MENDI PROPERTIES LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
380,773 
390,970 
Investments
5
13,700 
13,700 
394,473 
404,670 
Current assets
Debtors
6
725 
- 
Cash at bank and in hand
27,889 
13,521 
28,614 
13,521 
Creditors: amounts falling due within one year
7
(9,398)
(15,885)
Net current assets/(liabilities)
19,216 
(2,364)
Total assets less current liabilities
413,689 
402,306 
Creditors: amounts falling due after more than one year
8
(436,507)
(439,840)
Net liabilities
(22,818)
(37,534)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(22,820)
(37,536)
Shareholders' funds
(22,818)
(37,534)
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 17 March 2025 and were signed on its behalf by
Ashish Kumar Mehndiratta Director Company Registration No. SC643827
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MENDI PROPERTIES LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MENDI PROPERTIES LTD is a private company, limited by shares, registered in Scotland, registration number SC643827. The registered office is c/o Avid Accountants, 21 Blythswood Square, Glasgow, G2 4BL, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
409,221 
At 31 December 2024
409,221 
Depreciation
At 1 January 2024
18,251 
Charge for the year
10,197 
At 31 December 2024
28,448 
Net book value
At 31 December 2024
380,773 
At 31 December 2023
390,970 
5
Investments
Other investments 
£ 
Valuation at 1 January 2024
13,700 
Valuation at 31 December 2024
13,700 
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MENDI PROPERTIES LTD Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
725 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,333 
11,333 
VAT
1,833 
1,199 
Other creditors
2,153 
2,153 
Loans from directors
129 
- 
Accruals
1,950 
1,200 
9,398 
15,885 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
230,411 
233,744 
Other creditors
117,800 
117,800 
Loans from directors
88,296 
88,296 
436,507 
439,840 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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