REGISTERED NUMBER: 11940683 (England and Wales)

MISSION PROPERTY INVESTMENT LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Whetlor

Mr S Warmington

REGISTERED OFFICE:

King Arthurs Court

Maidstone Road

Charing

Ashford

Kent

TN27 0JS

REGISTERED NUMBER:

11940683 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Investment property

4

445,659

445,659

CURRENT ASSETS

Debtors

5

1,593

1,646

Cash at bank

39,246

39,211

40,839

40,857

CREDITORS

Amounts falling due within one year

6

(482,670

)

(459,836

)

NET CURRENT LIABILITIES

(441,831

)

(418,979

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,828

26,680

CREDITORS

Amounts falling due after more than one year

7

(4,167

)

(14,166

)

NET (LIABILITIES)/ASSETS

(339

)

12,514

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(341

)

12,512

(339

)

12,514

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 26 September 2025 and were signed on its behalf by:

Mr J Whetlor - Director

1.	STATUTORY INFORMATION

Mission Property Investment Ltd 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

445,659

NET BOOK VALUE

At 31 December 2024

445,659

At 31 December 2023

445,659

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,591

1,644

Amounts owed by group undertakings

2

2

1,593

1,646

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Other loans

262,005

270,903

Trade creditors

22

748

Amounts owed to group undertakings

20,000

-

Corporation Tax

1,876

1,876

Sundry creditors

175,709

175,709

Directors' current accounts

6,214

-

Accrued expenses

6,844

600

482,670

459,836

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans more 5 yr by instal

4,167

14,166

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,167

14,166