Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 16097860 16097860 true 2024-04-01 false property investment 3 3 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11237266 2024-04-01 2025-03-31 11237266 2023-04-01 2024-03-31 11237266 2025-03-31 11237266 2024-03-31 11237266 c:Director1 2024-04-01 2025-03-31 11237266 d:FreeholdInvestmentProperty 2025-03-31 11237266 d:FreeholdInvestmentProperty 2024-03-31 11237266 d:LeaseholdInvestmentProperty 2025-03-31 11237266 d:LeaseholdInvestmentProperty 2024-03-31 11237266 d:CurrentFinancialInstruments 2025-03-31 11237266 d:CurrentFinancialInstruments 2024-03-31 11237266 d:Non-currentFinancialInstruments 2025-03-31 11237266 d:Non-currentFinancialInstruments 2024-03-31 11237266 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 11237266 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11237266 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 11237266 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 11237266 d:ShareCapital 2025-03-31 11237266 d:ShareCapital 2024-03-31 11237266 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 11237266 d:RetainedEarningsAccumulatedLosses 2025-03-31 11237266 d:RetainedEarningsAccumulatedLosses 2024-03-31 11237266 c:OrdinaryShareClass1 2024-04-01 2025-03-31 11237266 c:OrdinaryShareClass1 2025-03-31 11237266 c:OrdinaryShareClass1 2024-03-31 11237266 c:FRS102 2024-04-01 2025-03-31 11237266 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11237266 c:FullAccounts 2024-04-01 2025-03-31 11237266 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11237266 2 2024-04-01 2025-03-31 11237266 6 2024-04-01 2025-03-31 11237266 d:OtherDeferredTax 2025-03-31 11237266 d:OtherDeferredTax 2024-03-31 11237266 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11237266 MLMJ PROPERTIES LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
MLMJ PROPERTIES LIMITED
CONTENTS
| Page
Statement of Financial Position | 1 - 2
Notes to the Financial Statements | 3 - 7
MLMJ PROPERTIES LIMITED REGISTERED NUMBER:11237266
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 2 |  | 2
Investment property | 5 |  | 8,048,930 |  | 8,048,930
|  |  | 8,048,932 |  | 8,048,932
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 77,070 |  | 65,675 |
Cash at bank and in hand |  | 460,563 |  | 503,213 |
|  | 537,633 |  | 568,888 |
Current liabilities |  |  |  |  |
Creditors: amounts falling due within one year | 7 | (1,008,441) |  | (1,094,219) |
Net current liabilities |  |  | (470,808) |  | (525,331)
Total assets less current liabilities |  |  | 7,578,124 |  | 7,523,601
Creditors: amounts falling due after more than one year | 8 |  | (5,550,950) |  | (5,527,319)
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 |  | (78,278) |  | (78,278)
Net assets |  |  | 1,948,896 |  | 1,918,004
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 1,710,120 |  | 1,710,120
Profit and loss account | 11 |  | 238,776 |  | 207,884
|  |  | 1,948,896 |  | 1,918,004
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. Page 1
MLMJ PROPERTIES LIMITED REGISTERED NUMBER:11237266
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025 The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 October 2025.
R M John
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
MLMJ PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
MLMJ Properties Limited is a private limited liability company registered in England and Wales with its registered office address at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD. The principal activity of the Company is that of property investment. The Company's functional and presentational currency is £ Sterling. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Exemption from preparing consolidated financial statements
The Company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the Company as an individual undertaking and not about its group.
| 2.3 | Turnover
Turnover comprises rent receivable during the year, exclusive of Value Added Tax. Rental income is recognised in the period to which it relates. Rental income received in advance is carried forward as deferred income.
| 2.4 | Interest income
Interest income is recognised in the Statement of Comprehensive Income on receipt basis.
| 2.5 | Finance costs
Finance costs are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.
| 2.6 | Borrowing costs
All borrowing costs are recognised in the Statement of Comprehensive Income in the year in which they are incurred. Page 3
MLMJ PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.7 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
| 2.8 | Investment property
Investment properties are carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Comprehensive Income.
| 2.9 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.10 | Debtors
Short term debtors are measured at the transaction price, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Employees
| The Company had no employees other than the directors during the current and preceding period.
Page 4
MLMJ PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost |
| At 1 April 2024 | 2
| At 31 March 2025 | 2
5. | Investment property
|  | Freehold investment property | Long term leasehold investment property | Total
|  | £ | £ | £
| Valuation |  |  |
| At 1 April 2024 | 6,953,930 | 1,095,000 | 8,048,930
| At 31 March 2025 | 6,953,930 | 1,095,000 | 8,048,930
The 2025 valuations were made by the directors, on an open market value for existing use basis.
| If the investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 7,735,820 | 7,735,820
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 31,838 | 30,707
| Prepayments | 45,232 | 34,968
|  | 77,070 | 65,675
Page 5
MLMJ PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 3,065 | 4,876
| Taxation and social security | 9,237 | 281
| Other creditors | 983,717 | 1,081,698
| Accruals and deferred income | 12,422 | 7,364
|  | 1,008,441 | 1,094,219
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 5,550,950 | 5,527,319
| Secured loans The Company's bank facilities are secured by a first charge on the investment properties.
9. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | 78,278
| At end of year | 78,278
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fair value movement | 78,278 | 78,278
Page 6
MLMJ PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1,710,120 (2024 - 1,710,120) Ordinary shares of £1 each | 1,710,120 | 1,710,120
11. | Reserves
Profit and loss account The accumulated retained earnings all relate to fair value adjustments net of attributable deferred taxation and are not distributable.
Page 7