REGISTERED NUMBER: 03416783 (England and Wales)

MR PROPERTY HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N G McNamara

Mr S Randall

SECRETARY:

Mr S Randall

REGISTERED OFFICE:

White House

Main Street

Bilbrough York

North Yorkshire

YO23 3PH

REGISTERED NUMBER:

03416783 (England and Wales)

ACCOUNTANTS:

KTC

Chartered Certified Accountants

80 West View

Barlby Road

Selby

North Yorkshire

YO8 5BD

FIXED ASSETS

Tangible assets

4

216

265

Investment property

5

2,130,000

1,730,000

2,130,216

1,730,265

CURRENT ASSETS

Debtors

6

6,679

3,917

Cash at bank

13,516

9,982

20,195

13,899

CREDITORS

Amounts falling due within one year

7

150,580

144,808

NET CURRENT LIABILITIES

(130,385

)

(130,909

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,999,831

1,599,356

CREDITORS

Amounts falling due after more than one year

8

(364,402

)

(398,222

)

PROVISIONS FOR LIABILITIES

(181,472

)

(85,382

)

NET ASSETS

1,453,957

1,115,752

CAPITAL AND RESERVES

Called up share capital

160

160

Fair value reserve

10

896,067

592,158

Retained earnings

557,730

523,434

SHAREHOLDERS' FUNDS

1,453,957

1,115,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 17 October 2025 and were signed on its behalf by:

Mr S Randall - Director

1.	STATUTORY INFORMATION

MR Property Holdings Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

3,742

4,265

8,007

DEPRECIATION

At 1 September 2024

3,732

4,010

7,742

Charge for year

1

48

49

At 31 August 2025

3,733

4,058

7,791

NET BOOK VALUE

At 31 August 2025

9

207

216

At 31 August 2024

10

255

265

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

1,730,000

Revaluations

400,000

At 31 August 2025

2,130,000

NET BOOK VALUE

At 31 August 2025

2,130,000

At 31 August 2024

1,730,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2002

285,329

Valuation in 2003

362,049

Valuation in 2004

(69,986

)

Valuation in 2005

160,000

Valuation in 2006

138,595

Valuation in 2007

(48,447

)

Valuation in 2008

(188,000

)

Valuation in 2010

(12,000

)

Valuation in 2017

50,000

Valuation in 2025

400,000

Cost

1,052,460

2,130,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

1,052,460

1,052,460

Investment property was valued on an open market basis on 31 August 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

6,679

3,917

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

33,851

32,029

Taxation

20,239

10,881

VAT

2,511

1,777

Directors' current accounts

80,366

85,463

Accruals and deferred income

13,613

14,658

150,580

144,808

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans between 2 & 5 years

125,226

125,771

Bank loans over 5 years

239,176

272,451

364,402

398,222

Amounts falling due in more than five years:

Repayable by instalments

Bank loans over 5 years

239,176

272,451

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

389,696

415,449

The bank loans are secured by a fixed charge over the freehold property held as an investment.

10.

RESERVES

Fair

value

reserve

£

At 1 September 2024

592,158

Surplus/deficit on revaluation

400,000

Deferred tax movement

(96,091

)

At 31 August 2025

896,067