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Company Registration No. 11156617 (England and Wales)
Michael Properties Ltd. Unaudited accounts for the year ended 31 March 2025
Michael Properties Ltd. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Michael Properties Ltd. Company Information for the year ended 31 March 2025
Director
Pawel Zarychta
Company Number
11156617 (England and Wales)
Registered Office
14 WILSON STREET BURY BL9 7EF UNITED KINGDOM
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Michael Properties Ltd. Statement of financial position as at 31 March 2025
2025
Notes
£
Fixed assets
Tangible assets
4
88,305
Creditors: amounts falling due within one year
5
(3,654)
Net current liabilities
(3,654)
Total assets less current liabilities
84,651
Creditors: amounts falling due after more than one year
6
(70,194)
Net assets
14,457
Capital and reserves
Called up share capital
1,000
Profit and loss account
13,457
Shareholders' funds
14,457
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 20 November 2025 and were signed on its behalf by
Pawel Zarychta Director Company Registration No. 11156617
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Michael Properties Ltd. Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Michael Properties Ltd. is a private company, limited by shares, registered in England and Wales, registration number 11156617. The registered office is 14 WILSON STREET, BURY, BL9 7EF, UNITED KINGDOM.
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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 April 2024
87,000
At 31 March 2025
87,000
Depreciation
Charge for the year
(1,305)
At 31 March 2025
(1,305)
Net book value
At 31 March 2025
88,305
5
Creditors: amounts falling due within one year
2025
£
Other creditors
3,654
6
Creditors: amounts falling due after more than one year
2025
£
Bank loans
70,194
7
Average number of employees
During the year the average number of employees was 0.
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