4 January 2024 false No description of principal activity Taxfiler 2024.6 15388523 business:PrivateLimitedCompanyLtd 2024-01-04 2025-01-31 15388523 2024-01-03 15388523 2024-01-04 2025-01-31 15388523 business:AuditExemptWithAccountantsReport 2024-01-04 2025-01-31 15388523 business:FilletedAccounts 2024-01-04 2025-01-31 15388523 2025-01-31 15388523 business:Director1 2024-01-04 2025-01-31 15388523 business:Director2 2024-01-04 2025-01-31 15388523 business:Director3 2024-01-04 2025-01-31 15388523 business:RegisteredOffice 2024-01-04 2025-01-31 15388523 core:WithinOneYear 2025-01-31 15388523 core:ShareCapital core:PreviouslyStatedAmount 2025-01-31 15388523 core:InvestmentPropertiesRevaluationReserve core:PreviouslyStatedAmount 2025-01-31 15388523 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-01-31 15388523 core:PreviouslyStatedAmount 2025-01-31 15388523 business:SmallEntities 2024-01-04 2025-01-31 15388523 countries:EnglandWales 2024-01-04 2025-01-31 15388523 core:LandBuildings 2024-01-03 15388523 core:LandBuildings 2024-01-04 2025-01-31 15388523 core:LandBuildings 2025-01-31 iso4217:GBP xbrli:pure
Company Registration No. 15388523 (England and Wales)
Menyi Steele Limited Unaudited accounts for the period from 4 January 2024 to 31 January 2025
Menyi Steele Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Menyi Steele Limited Company Information for the period from 4 January 2024 to 31 January 2025
Directors
S Fraser Steele B Mendoza A Nemenyi
Company Number
15388523 (England and Wales)
Registered Office
Unit 11 Holts Court Threshers Bush Harlow Essex CM17 0NS England
Accountants
Deciphr Ltd Unit 11 Holts Court Threshers Bush Harlow Essex CM17 0NS
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Menyi Steele Limited Statement of financial position as at 31 January 2025
2025
Notes
£
Fixed assets
Tangible assets
4
2,010,000
Current assets
Debtors
5
1,527
Cash at bank and in hand
25,278
26,805
Creditors: amounts falling due within one year
6
(1,627,913)
Net current liabilities
(1,601,108)
Total assets less current liabilities
408,892
Provisions for liabilities
Deferred tax
(142,402)
Net assets
266,490
Capital and reserves
Called up share capital
40
Fair value reserve
427,205
Profit and loss account
(160,755)
Shareholders' funds
266,490
For the period ending 31 January 2025 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 3 October 2025 and were signed on its behalf by
S Fraser Steele Director Company Registration No. 15388523
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Menyi Steele Limited Notes to the Accounts for the period from 4 January 2024 to 31 January 2025
1
Statutory information
Menyi Steele Limited is a private company, limited by shares, registered in England and Wales, registration number 15388523. The registered office is Unit 11, Holts Court, Threshers Bush, Harlow, Essex, CM17 0NS, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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.
Turnover
Turnover represents total rental income for the period.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Menyi Steele Limited Notes to the Accounts for the period from 4 January 2024 to 31 January 2025
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At valuation
At 4 January 2024
1,440,393
Revaluations
569,607
At 31 January 2025
2,010,000
Depreciation
At 31 January 2025
-
Net book value
At 31 January 2025
2,010,000
2025
£
Carrying amount of land and buildings on cost basis
1,440,393
The investment properties were valued on a fair value basis on 31 January 2025 by the directors.
5
Debtors
2025
£
Amounts falling due within one year
Trade debtors
489
Other debtors
1,038
1,527
6
Creditors: amounts falling due within one year
2025
£
Bank loans and overdrafts
1,615,121
Trade creditors
10,042
Accruals
2,750
1,627,913
7
Average number of employees
During the period the average number of employees was 3.
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