REGISTERED NUMBER: 13243138 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MS COMMUNITY HOUSING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M V Santhiapillai

SECRETARY:

Ms P I C Perera

REGISTERED OFFICE:

Third Floor

17 London Road

Bromley

BR1 1DE

REGISTERED NUMBER:

13243138 (England and Wales)

AUDITORS:

Edwards Chartered Accountants

Statutory Auditor

409-411 Croydon Road

Beckenham

Kent

BR3 3PP

FIXED ASSETS

Tangible assets

4

2,686,373

2,742,686

CURRENT ASSETS

Debtors

5

1

1

CREDITORS

Amounts falling due within one year

6

1,480,141

1,527,704

NET CURRENT LIABILITIES

(1,480,140

)

(1,527,703

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,206,233

1,214,983

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

7

1,292,743

1,292,743

Retained earnings

(86,511

)

(77,761

)

1,206,233

1,214,983

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 director and authorised for issue on 18 September 2025 and were signed by:

M V Santhiapillai - Director

1.	STATUTORY INFORMATION

MS Community Housing 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Freehold property

-

2% on cost

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

2,815,714

DEPRECIATION

At 1 April 2024

73,028

Charge for year

56,313

At 31 March 2025

129,341

NET BOOK VALUE

At 31 March 2025

2,686,373

At 31 March 2024

2,742,686

Cost or valuation at 31 March 2025 is represented by:

Freehold

property

£

Valuation in 2024

1,292,743

Cost

1,522,971

2,815,714

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

1,522,971

1,522,971

Aggregate depreciation

(103,487

)

(73,028

)

Freehold land and buildings were valued on an open market basis on 31 March 2024 by the director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1

1

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,059

-

Amounts owed to group undertakings

1,459,447

1,526,924

Taxation and social security

15,855

-

Other creditors

780

780

1,480,141

1,527,704

7.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

1,292,743

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Duggan (Senior Statutory Auditor)

for and on behalf of Edwards Chartered Accountants

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M V Santhiapillai.